All Finance articles – Page 604
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NewsMedia Bites 22 Sep: Majestic Wine, SABMiller, M&S
“Majestic Wine shares skid 33% on worst day ever”, writes The Financial Times (£) on a grim day for the UK’s largest specialist wine retailer.
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NewsSolina Group acquires Yorkshire-based sauce business New Ivory
French food supplier Solina Group has snapped up culinary sauce specialist New Ivory as it looks to grow its presence in the UK
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NewsBernard Matthews jobs pledge welcomed by Unite
Bernard Matthews will also start processing chickens as well as turkeys to fill spare capacity at its sites.
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NewsTesco drops minimum order charges for online shoppers
Tesco said the free next-day service would be available at 2,500 stores across the UK
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NewsMedia Bites 21 September: Bernard Matthews, Kantar/Nielsen, Co-op
The controversial pre-pack sale of Bernard Matthews to 2 Sisters owner Ranjit Singh Boparan makes the papers this morning, along with the latest grocery figures from Kantar and Nielsen.
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NewsProfits warning sends shares spiralling at Majestic Wine
Majestic Wine has issued a profit warning caused by problems at its commercial division and Naked Wines in the US
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NewsBernard Matthews sold in pre-pack administration to Ranjit Boparan
The deal safeguards 2,000 jobs, with all employees and agency staff all transferring across to the new owners, and the group will continue to trade as normal
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NewsPureCircle warns of volatility as US Customs troubles slows growth
Shares in the London-listed business sank 6.1% to 310p as CEO Magomet Malsagov warned there would be more volatility in the future.
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NewsTesco has made 'significant progress' on GCA, reports Tacon
Earlier this year the adjudicator investigation found Tesco guilty of systematic breaches of GSCOP
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NewsGreencore head of UK grocery steps up as new CFO
Greencore head of UK grocery Eoin Tonge will replace outgoing CFO Alan Williams. Nigel Blakey, FD of grocery division, will takeover from Tonge
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Media Bites 20 Sept: Bernard Matthews/2 Sisters, Finsbury Food Group, Dairy Crest
The chairman of the parliamentary committee that investigated the collapse of BHS is calling on the Pensions Regulator to investigate the takeover of turkey producer Bernard Matthews.
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NewsCity snapshot: UK supermarkets continue sales recovery
The UKs leading supermarkets experienced two consecutive months of growth for the first time in more than two years, according to Nielsen retail performance data released today
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NewsDairy Crest shares fall as rising cream prices to squeeze butter profits
Dairy Crest first-half volumes improve but the processor warned profits will come under pressure this year as rising prices hit butter margins.
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NewsReal Good Food targets US growth in turnaround bid
Real Good Food is targeting the US, Canada and the wider Americas in a bid to turnaround ailing sales at the bakery and cake decoration group
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NewsJJ Food Service bolsters fish & chip offering with Sykes deal
The deal covers the existing Sykes customer base, goodwill and staff in the delivery division
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NewsFinsbury Food Group sales continues to soar
Finsbury Food Group sales jumped another 24.8% to £319.7m in the 53 weeks to 2 July thanks to the Fletchers and Johnstone’s deals.
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NewsMedia Bites 19 September: Diageo, McDonald's, Butcher's Pet Care
Guinnes owner Diageo is sharpening the axe for its London HQ; McDonald’s faces a potential order from the EU to pay $500m in back taxes; and Butcher’s Pet Care invests £17m to expand its factory on the back of booming trade.
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NewsFruit Bowl sales fall on tough trading environment
Sales tumbled 11% at snacking brand Fruit Bowl in 2015 as volumes declined in the challenging grocery market.
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NewsKraft Heinz puckers up for 'emotional' Love Soup campaign
Kraft Heinz is set to spend £10.6m to drive ‘category reappraisal and emotional engagement’ in canned soup
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NewsMüller to invest an extra £100m in UK dairy operations
Müller is set to plough £100m in investment into its operations, NPD and marketing over the next 18 months