All Finance articles – Page 603
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NewsMarks & Spencer bets big on food: what the analysts say
Retailer set to close 60 clothing and home stores and focus on food in business turnaround
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NewsMedia Bites 8 November: Tesco Bank, Fever-Tree, Sainsbury's
A cyber fraud attack at Tesco falls under the spotlight this morning as the supermarket admitted 40,000 customers had been affected by an online heist over the weekend. Plus, Fever-Tree upgrades profits again and Sainsbury’s poaches Poundland’s boss as its new CFO.
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NewsCity snapshot: Marks & Spencer pins turnaround hopes on food
Marks & Spencer is planning to accelerate the rollout of its food stores and reduce its clothing offer as it seeks to turn around the struggling business and rebuild profits
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NewsPhrooti seeks £150k to launch sugar-free fruit water
Sugar free fruit tea brand Phrooti is pitching for £150,000 in a crowdfunding campaign to launch a new range of bottled waters.
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NewsSainsbury's appoints Poundland CEO Kevin O'Byrne as CFO
Former Asda CEO Andy Bond will step in as executive director to lead Poundland’s day-to-day operations
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NewsTesco Bank halts online payments after hackers raid accounts
Tesco Bank chief executive Benny Higgins said he hoped affected customers would be refunded within 24 hours
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NewsEnsuring Brexit trade flow is key for new WSTA chairman
“The reality is we are now facing one of the toughest eras the wine and spirits market has ever faced” says Dan Jago
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NewsFever-Tree upgrades profit expectations
Drinks mixer producer Fever-Tree (FEVR) has upgraded its profits expectations for the year, sending its shares up 10% this morning ..
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NewsMedia Bites 7 Nov: Sainsbury's, Bird's Eye, Walkers, M&S
Sainsbury’s pension deficit has ballooned to more than £1bn, according to analysts ahead of its half-year results this week.
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NewsLincolnshire Co-op sales pass £300m as local produce booms
The retailer grew sales at its 83 food stores by 6.9% while trading profits rose by 4% to £20m in the same period
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NewsGousto investors pump another £10m into recipe kit growth
Existing backers BGF Ventures, Unilever Ventures, MMC Ventures and the Angel Co-Fund all contributed to the latest round
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NewsMedia Bites 4 November: Morrisons, Tate & Lyle, Marks & Spencer
Amid all the excitement over the High Court ruling that the triggering of Article 50 must be debated by Parliament, the papers still find room to take a look at Morrisons’ positive third quarter results.
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NewsCity snapshot: Kraft Heinz sales decline as consumers search for healthier food
Sales have continued to decline at Kraft Heinz as the newly merged giant struggled against currency headwinds in Europe and shifting consumers tastes.
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NewsMüller to close Chadwell Heath under plant upgrade strategy
The dairy giant plans £100m-plus modernisation of Milk & Ingredients and Yogurt & Desserts businesses
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NewsInnis & Gunn raised £1m in three days as beer lovers flock to buy a stake
The craft brewer is planning to overfund to raise more money to accelerate the rollout of Innis & Gunn pubs in England and North America.
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NewsBoparan Holdings sales and profits rise in ‘tough’ market
2 Sisters Food Group owner reports good progress and performance across business
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NewsBristows and Tuckers bonbon maker saved from administration
Almost 75 jobs have been saved thanks to a rescue deal at the historic bonbon and toffee manufacturer behind the Bristows and Tuckers brands.
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NewsMorrisons' fourth quarter results: what the analysts say
Morrisons shares were up 1.6% to 224.8p this morning on the news
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NewsMedia Bites 3 November: Labour shortage, Food price inflation, Petrol prices
The UK’s food industry is facing the worst labour shortage for at least 12 years as farmers, manufacturers and processors struggle to find enough workers to prepare for the Christmas rush, writes The Guardian.
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NewsCity snapshot: Morrisons posts fourth consecutive quarter of like-for-like sales growth
Morrisons has reported its sales grew 1.6% on a like-for-like basis (ex fuel) in the 13 weeks to October, which represents its fourth consecutive quarter of like-for-like sales growth.