All Finance articles – Page 613
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News
Profits jump at Vimto owner Nichols on margin growth
Soft drinks group Nichols has posted an 8.9% hike in full-year pre-tax profit to £28m on flat revenue up just 0.1% at £109.3m.
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News
AB InBev agrees Chinese sale of SABMiller Snow Breweries joint venture
AB InBev has agreed to sell SABMiller’s stake in Chinese joint venture Snow Breweries for $1.6bn (£1.1bn) as it seeks to conclude the ‘megabrew’ merger
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News
Kitwave Wholesale completes major new refinancing deal
Kitwave Wholesale Group supplies independent c-stores from 15 depots across the UK
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News
Food deflation returns as prices fall 0.4%
BRC renews call for government to address business rates concerns
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News
Media Bites 2 March: Amazon, Morrisons, short selling, Steinhoff, exports
It’s a quiet morning in the papers for retail news but the Amazon / Morrisons deal is still generating column inches.
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News
Poundland boss Jim McCarthy set for retirement
Kevin O’Byrne has been appointed as the new Poundland CEO
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News
Food ingredients firms Silbury and Portal Foods agree £45m merger
Food ingredients distributor Silbury has agreed to merge with pizza ingredients supplier Portal Foods to create a new £45m company.
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News
McColl's to ramp up food to go offer after strong profit growth
The company’s food to go offer was “enhanced” in 148 stores during the year to 29 November 2015
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News
Malton Foods acquires Simpsons pudding business
Malton Foods has snapped up the ambient pots, pouches and canned pudding business from troubled Simpsons Foods.
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News
Candy Kittens scraps crowdfunding campaign for angel investor
The business closed its crowdfunding campaign on Seedrs early after receiving an offer for close to £300,000 from a high-net worth individual.
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News
Moy Park invests in cooked chicken facilities at Craigavon
The poultry processor says new equipment will help it meet growing demand for ready to eat cooked chicken
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News
Ben Stimson to take over as Waitrose retail director
Stimson replaces Rob Collins, who becomes managing director on 4 April, taking over from Mark Price
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Analysis & Features
Greggs will be "radically different"
Shares soar almost 16% as Greggs plans to close three of its 12 bakeries
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News
Poundworld founder to leave company after more than 40 years
Former Tesco UK board member and COO Gerry Gray takes over as CEO from 7 March
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News
Food and soft drinks prices fell 2.6% in January says Asda
UK families’ spending power continues to climb but rate of growth slows for fourth consecutive month
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News
Media Bites 1 March: Amazon, Morrisons, Ocado
It’s no surprise that the tie-up between Amazon and Morrisons gets blanket coverage in this morning’s papers.
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News
Greggs to cut 355 jobs as part of £100m investment
The cuts come as the chain posts a second consecutive year of record profits and a 5.2% hike in total sales to £835.7m
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News
Carrefour buys 36 Spanish hypermarkets from Eroski
Carrefour has extended its footprint in Spain after today announcing the purchase of 36 compact hypermarkets from the Eroski Group.
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Comment & Opinion
Amazon deal represents a potentially game-changing move for Morrisons
A renewed confidence at Morrisons has been created by Potts in a subtle, understated but significant way
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News
Brakes takeover by Sysco will boost its credit quality, says Moody’s
Ratings agency Moody’s has welcomed Sysco’s $3.1bn deal to buy Brakes and put the latter’s rating on review for upgrade because of the debt paid down as part of the deal.