All Finance articles – Page 619
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NewsGCL Food Ingredients on expansion drive with £1m funding
Wholesale food and drinks supplier Giorgio’s Continental is widening its product range and taking on more staff thanks to a £2.5m investment in its site and a £1m bank funding package.
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NewsMy Local administrators confident of more store sales to come
Administrators at My Local have sold 26 of the failed retailer’s convenience stores since being appointed, with hopes to offload another 16 in the coming days and weeks.
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NewsCity snapshot: SSP Group lifted by weak pound
Travel concession group SSP gets revenue boost from the weak pound in Q3 but continued to be affected by the terror attacks in Europe. Plus, Dairy Crest updates on Q1 ahead of AGM; Carr’s warns of difficult markets in wake of Brexit; and John Menzies appoints chairman.
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NewsConviviality share price boosted as sales more than double
Shares in Conviviality leapt 10% today as revenues more than doubled to £864.5m and the drinks group said the integration plan for Matthew Clark and Bibendum was ahead of expectations.
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NewsUK footfall suffers sharpest decline since February 2014
The latest BRC figures show retailers suffered a 2.8% year-on-year fall in shopper numbers in June, with high streets part…
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NewsNFU launches official complaint over ‘fake’ farm branding
Farmers’ union concerned that brands such as Tesco Farms and similar discounter brands are misleading to shoppers
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NewsFinsbury Food confident in face of Brexit uncertainty
Speciality bakery Finsbury Food said the enlarged group was “well equipped” to weather any potential Brexit storm as it reported sales growth of 25% following the integration of Fletchers and Johnstone’s.
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NewsCity Snapshot: Conviviality sales more than double after Matthew Clark deal
Full year sales more than doubled at Conviviality in the 53 weeks to 1 May 2016
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NewsMedia Bites 18 July: ABInBev/SABMiller, Boots, Tesco
An influential shareholder advisory firm has weighed into the brewing shareholder dispute over Anheuser-Busch InBev’s blockbuster takeover of SABMiller.
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Analysis & FeaturesWill Steinhoff really take the pound out of Poundland?
Scrapping the £1 price point would lose Poundland its USP - so why might Steinhoff be tempted?
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NewsFerrero in talks with Pladis to buy Delacre
Ferrero is in discussions with Pladis over the acquisition of its Belgian luxury biscuits business Delacre
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NewsBettys & Taylors Group sales up but profit drops to £10m
Bettys & Taylors Group has increased sales 5% to £163.4m despite “competitive pressures” in its core markets
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NewsTags abandons mults plans after Dragons deal falls through
Tags Tasty Crisps has abandoned its goal of bagging national supermarket listings to focus on foodservice
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NewsVitalife in crowdfunding bid for Love Health Hate Waste
It plans to raise £100,000 on Crowdcube to fund a further rollout of the Love Health Hate Waste concept
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NewsCity News: Hotel Chocolat shares boosted by sales rise
A better-than-expected rise in full-year sales injected some life into Hotel Chocolat shares this week
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NewsMedia Bites 15 July: Bayer/Monsanto, Hershey/Mondelez, Steinhoff/Poundland
The papers feature stories on three different takeover sagas, all at different stages with their own hurdles to clear.
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NewsCity snapshot: Steinhoff £600m Poundland bid faces pressure from activist fund manager
Steinhoff’s £600m takeover bid for Poundland has been complicated by an activist hedge fund building up a sizable stake in the beleaguered fixed-priced discounter.
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NewsMcColl's set to buy 298 stores from the Co-op
McColl’s Retail Group has agreed to buy 298 stores from the Co-op in a “transformational” £117m deal
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NewsMindful Chef launches £400k funding campaign
Recipe box start-up Mindful Chef is seeking £400,000 in a crowdfunding campaign to raise the profile of the business.
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NewsAndrea Leadsom becomes Defra secretary in May’s new government
Leadsom replaces Liz Truss, who has been promoted to the role of justice secretary