All Finance articles – Page 60
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NewsCity snapshot: Sainsbury’s boss calls on government to keep business rates promises
Sainsbury’s has teamed up with the USDAW union to call on the new Labour Government to deliver on its promise to reform business rates
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NewsSpayne Lindsay deepens investment banking ties with NuOrion Partners
Corporate finance firm Spayne Lindsay has expanded its investment banking partnership with US counterpart NuOrion Partners to focus on the global consumer sector
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NewsIceland Foods returns to profit after ‘extensive’ cost-cutting
New accounts at Companies House follow an update to bond holders last week
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Analysis & FeaturesHow has Iceland driven growth and can it keep going?
Richard Walker is in a triumphant mood as sales rise thanks to price freezes, partnerships and NPD. Can Iceland maintain the momentum?
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NewsCity News: Deliveroo passes ‘major milestone’ as order frequency recovers
Food delivery player Deliveroo finally passed a “major financial milestone” by turning a profit in the first half of the year, it revealed this week
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NewsCity snapshot: Lotus Bakeries posts 20% jump in first half sales
Bear and Nakd owner Lotus Bakeries has reported a double-digit jump in first half sales and profits amid strong growth of key brands
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NewsMedia Bites 9 August: Asda, Deliveroo, AB InBev
Sales have fallen at UK supermarket chain Asda, as customers defect to larger rivals.
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NewsAsda promises to open more checkouts, improve availability and make stores cleaner
Announcing its Q2 results today, the supermarket revealed revenue excluding fuel was down 2.2%, with like-for-like sales down 5.3% over the period
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NewsC&C Group to work with activist investor on board appointment
Engine has been a vocal critic of C&C Group’s leadership
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NewsCity snapshot: Deliveroo moves to first-half profit amid ‘encouraging’ consumer pick-up
Online delivery giant Deliveroo has posted a first-half profit after returning to order growth in the period amid ‘encouraging signs’ in consumer behaviour
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NewsMedia Bites 8 August: Ocado, Twitter/Unilever/Mars, Coca-Cola
Ocado is testing offering everyday products such as pasta, rice and washing liquid in refillable packaging
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Comment & OpinionMars’ $30bn move for Kellanova could kick off consolidation wave
The acquisition would be a significant move, both in size and strategic direction
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NewsCinven invests in Swedish sports nutrition player Vitamin Well
Private equity player Cinven has become the lead investor in Swedish sports nutrition and drinks specialist Vitamin Well
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Comment & OpinionWe need more meaningful interactions between buyers and challengers
Finding and contacting the right buyer turns the entrepreneur into a LinkedIn stalker, says Jason Gibb, co-founder of Bread & Jam
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NewsCoca-Cola invests in climate startup turning wastewater into clean electricity
Coca-Cola Europacific Partners’ business innovation arm, CCEP Ventures, led an £800k investment round for Pipeline Organics
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NewsCity snapshot: CCEP boosted by Asia-Pacific growth to mitigate European volume decline
GB Coke bottler Coca-Cola Europacific Partners has posted a rise in underlying first-half problems despite poor weather in Europe, as growth in south east Asia and Australia boosted performance
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NewsMedia Bites 7 August: Domino’s Pizza Group, Coca-Cola, Klarna
Domino’s Pizza downgraded its full-year profit forecast as consumers grappling with cost of living pressures held back on spending
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NewsNix & Kix seeking fresh investment months after crowd raise
Nix & Kix is looking for a buyer to inject fresh capital into the soft drinks challenger just months after raising additional cash from the crowd
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NewsTreasury Wine Estates to offload Wolf Blass, Blossom Hill and other mainstream brands
Combined, the brands make up less than 5% of the company’s profits
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NewsCity snapshot: summer boosts food and clothing sales
UK retail sales were back in growth in July after a poor June as the advent of summer and warmer weather boosted food and clothing sales