All Finance articles – Page 6
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News
City snapshot: Aldi to invest £800m in new stores as it reveals profits boost
Aldi has unveiled its biggest ever store investment programme after boosting profits on the back of record sales in 2023
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News
Bakkavor to shut ‘unsustainable’ Wigan factory, putting 750 jobs at risk
The news came alongside the publication of Bakkavor’s latest half-year results
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Analysis & Features
Why has the ‘Chicken King’ sold poultry arm to himself?
2 Sisters’ European poultry business will now be run separately
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News
City snapshot: UK expansion planned for pizza giant Freiberger Group
The Berlin-based private-label operator said the investment will involve expanding production capabilities, developing new markets and modernising existing sites
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News
Duty rises to blame for off-trade sales slump, Pernod Ricard UK boss says
’It is not our game to chase prices to the bottom’
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News
Media Bites 6 September: Labelling, Asda, croissants
The British Heart Foundation has proposed banning junk food brands from sponsoring sporting events
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News
Florette owner Agrial posts further, inflation-driven losses
The bagged salad supplier said it had ’walked away’ from some retail business last year as it sought to recoup risisng costs
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News
City snapshot: ABF issues warning over Primark sales and sugar profits
ABF blamed unfavourable weather in the UK and Ireland, which resulted in lower volumes of seasonal lines
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News
Media Bites 5 September: Glen’s, Johnson & Johnson, M&S, Amazon
The Food Standards Agency has warned of fake bottles of Glen’s Vodka
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Comment & Opinion
What we can learn from insolvencies in fresh produce
Businesses are being hit by the weather, supermarket behaviour and consumer trends, says Tom Swiers, director and head of food & drink at Interpath Advisory
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News
Hilton Food Group enjoys further growth in strong first-half results
The meat, seafood and plant-based packer saw pre-tax profits rise by almost 38% like for like, in the first half of 2024
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News
Soft drinks maker Fentimans says it will close down if ’packaging tax’ plans go ahead
Fentimans claims it is one of many drinks companies considering its survival prospects after Defra published estimates for the cost of recycling of glass under the flagship EPR scheme
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News
The Compleat Food Group acquires Harvey & Brockless for undisclosed sum
This is the latest strategic acquisition by The Compleat Food Group in its ambition to become ‘the UK’s number one chilled prepared food company’
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News
Signature Flatbreads invests £150m into bakeries, creating 500 jobs
The announcement coincides with the 40th anniversary of the business this month
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News
New launches help Itsu grocery revenues surpass £50m for the first time
The supplier launched total of 27 new products in grocery in 2023
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News
City snapshot: Andrew Carter quits as Chapel Down profits slump
Chapel Down and Hilton Foods announced results and personnel changes. Itsu reported record grocery sales.
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News
Agua de Madre in £300k crowdfunding drive to support growth
Funds will be used to upscale production, invest in NPD, make new hires and support growth
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News
Media Bites 4 September: John Lewis, thefts, antibiotic resistance
John Lewis is getting down to business on its housebuilding programme
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News
Chapel Down CEO Andrew Carter quits to join brewer Timothy Taylor
Carter will continue to lead Chapel Down until the appointment of a new CEO in the first half of 2025
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News
Media Bites 3 September: Harrods, Aldi, students
The accounts for Harrods’ year to February 2024 are in