All Finance articles – Page 607
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NewsMedia Bites 9 September: Sainsbury's, Fyffes, high street
Qatar Investment Authority’s stake in Sainsbury’s biggest investors has been diluted by 3% to 22% after it declined to invest more money in new shares to fund the grocer’s purchase of Home Retail Group.
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NewsCity snapshot: Food prices yet to rise in Brexit aftermath
Food price inflation expected in the wake of the UK’s decision to leave the EU has yet to filter through to the supermarket shelves, according to the latest Grocer Price Index
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NewsMcVitie's loses £38m from UK biscuit cuts but profit rises
Revenues at United Biscuits UK, which now falls under the Pladis group, declined amid falling supermarket prices
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NewsFood & drink does best in crowdfunding says Seedrs report
Crowdfunding platform Seedrs has published its first-ever ‘portfolio update’
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Analysis & FeaturesRapeseed oil prices driven up by low production
Rapeseed oil prices are up 26.3% due to low production and higher palm oil prices…
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NewsSian Land made chief financial officer at Moy Park
She was previously group finance director at International Procurement & Logistics
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NewsFyffes doubles down on Canadian mushrooms
Fyffes has bought a second Canadian mushroom business with the €41m acquisition of All Seasons Mushrooms this morning
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NewsMedia Bites 8 Sep: Poundland, Asda, Amazon
Secretive hedge fund Elliott Advisors has waved through a £610m takeover of Poundland after months of speculation it might block the deal.
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NewsPoundland shareholders approve £610m Steinhoff takeover
Poundland shareholders have overwhelmingly backed the £610m takeover bid from South Africa’s Steinhoff Group despite fears activist investor Elliott Capital could derail the deal
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NewsAsda grows profits 3.3% at expense of sales
Asda has continued to outperform its peers in terms of profits but the protection of the bottom line saw sales plunge by almost £1bn in 2015.
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NewsBooths appoints Matt Rothwell from Sainsbury's as new FD
Rothwell was head of food commercial finance at Sainsbury’s until June
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NewsMedia Bites 7 September: Tesco, Bayer/Monsanto, Pret A Manger
Tesco has the worst corporate governance of all the FTSE 100 firms, according to the Institute of Directors. Plus, the potential Bayer/Monsanto merger has sparked fears of reduced choice for farmers.
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NewsMcBride profits increase as new strategy pays off
Household goods manufacturer McBride has improved profits thanks to its new five-year plan but sales have declined more than £23m.
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NewsTesco begins consultation over jobs with night shift workers
Tesco said the move was prompted by the need to focus staff shifts during the day and at twilight hours to improve service and availability
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NewsDelicious Alchemy appoints former Fiddes Payne boss as CEO
Gluten-free brand Delicious Alchemy has appointed former Fiddes Payne boss Iain Macpherson as its new CEO to take the business to the next level.
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NewsApplegreen food sales fuel profit growth
Growing food sales have fuelled a boost in profitability at petrol forecourt retailer Applegreen as the group builds on ambitions to expand in the food-to-go market.
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Comment & OpinionFood entrepreneurs have to wake up to the power of community
Community and connections was a key focus at the recent food business seminar organised by Defra and the Institute of Directors, reports managing editor Julia Glotz
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NewsLysa Hardy leaves Holland & Barrett as board restructures
Hardy has left to pursue other career opportunities
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NewsMedia Bites 6 September: M&S, Sainsbury's, Bayer/Monsanto
Marks & Spencer is the main focus of the papers this morning after it announced yesterday that more than 500 jobs will be cut at its head offices.
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NewsSummer sun and Rio success boosts food sales
Team GB’s Olympic gold rush and clear blue skies in August have helped food retailers put in their best performance for more than two years.