All Finance articles – Page 6
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NewsUnilever offers €500m relief to suppliers and customers, donates hygiene products
The consumer goods giant will give early payments to the most vulnerable small and medium-sized suppliers
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Food and drink M&A deals on hold as coronavirus outbreak freezes market
Sale processes - including that of MPM Products - have been put on hold as the coronavirus outbreak hits market confidence
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B&M, Home Bargains, Poundland remain open due to food ranges
B&M, Home Bargains, Poundland and Poundstretcher continue to trade today thanks to their food ranges
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Waitrose sets limit on number of people allowed in stores
The retailer will also introduce dedicated marshals for each outlet to help to manage queues outside
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Coronavirus: Europe eases border strains on supply chains
New guidelines issued on Monday seek to ease the border delays that strained supply chains last week
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City snapshot: McColl’s reassures the market on financial strength
McColl’s has issued a business update regarding the deepening COVID-19 crisis, reassuring the City that it has the “financial and operational flexibility” to deal with prolonged disruption. Plus, Waitrose introduces new coronavirus measures, trading updates from Applegreen, Cake Box, Wynnstay, a new CFO for Greencore and all the rest of the latest news from the City.
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News
Media Bites 24 March: Supermarkets/coronavirus, Retail closures & rents, Food wholesalers
Demand for workers to fill jobs in supermarket warehouses has surged by a third as internet shopping booms.
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Contactless limit rises to £45 to help reduce coronavirus spread
The limit is set to rise from the current £30 on 1 April
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‘Accidental stockpilers’ driving shelf shortages, research shows
Empty shelves in supermarkets are a result of shoppers making more trips
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Coronavirus: Hotel Chocolat to close all stores and switch to online
Co-founder and CEO Angus Thirlwell said he took the decision to keep staff and customers safe during the ongoing pandemic
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Coronavirus: Greggs to close its stores tomorrow as weekly sales plunge 9.9%
Food to go chain Greggs has announced it will close its entire shop estate by the close of business on Tuesday 24 March in response to the coronavirus crisis
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Global food retail shares could benefit from coronavirus demand surge
Analysts have suggested the global grocery sector could be set to benefit from the rapid escalation of demand driven by the pandemic
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Analysis & Features
Coronavirus: what has the government done to help food & drink so far?
The government has said it will do ‘whatever it takes’ to keep food on shelves during the coronavirus crisis. Here are the measures it has taken so far
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Coronavirus: Food & drink SMEs struggle to access emergency government aid
Startups are worried they could miss out on emergency support from the Treasury due to loopholes and lack of communication
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Skinny Tonic closes £1.8m crowdfunding campaign
The brand has agreed two “major” listings, which have been delayed due to Covid-19
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Supermarket demand will increase under lockdown, says retail analyst
Although bulk buying would tail off as shoppers filled their cupboards, tighter measures, such as the restaurant closures …
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As Nature Intended falls to loss ahead of Planet Organic sale
As Nature Intended slipped into the red last year ahead of its acquisition by Planet Organic, announced last week
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Coronavirus: Tesco gives workers 10% pay rise
Tesco said the rise is backdated to Monday 9 March
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City Snapshot: Soft drinks suppliers warn of coronavirus impact
Soft drink makers AG Barr and Britvic has warned that the coronavirus has severely impacted their out of home sales, while Coca-Cola European Partners has scrapped its share buyback programme because of the virus. Plus, John Lewis and Primark shut their stores and all the rest of the latest news from the City.
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Media Bites 23 March: Coronavirus/Supermarkets/Retail
Panic buying sent sales soaring by more than 50% at supermarkets last week as shoppers spooked by the coronavirus rushed out to stockpile.
