All Finance articles – Page 619
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NewsMedia Bites 8 Feb: Argos, Sainsbury’s, Vita Coco
The merger of Sainsbury’s and Argos is still eating up column inches in the weekend papers, with reports that retail tycoon Christo Wiese and former Asda CEO Andy Bond weighed up a bid and ex-M&S boss Lord Rose predicting the deal would trigger a wave of consolidation on the high street.
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NewsKenyan tea prices eased by better harvest outlook
Kenyan tea prices have dropped below $3.50 per kg (£2.40) for the first time since last June
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NewsNisa serves notice on North East Convenience Stores chain
The buying group said in November it had launched a review
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Comment & OpinionThe Grocer's Power List 2016 reflects a sector in upheaval
Our Power List for 2016 reflects the looming emergence of a new force in grocery. Or should that be a new Death Star?
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NewsArla announces job cuts and appoints new UK head
Restructure will see UK boss Peter Giørtz-Carlsen promoted to new role and the appointment of Tomas Pietrangeli as his successor
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NewsArgos deal set to make Sainsbury's top UK non-food retailer
Sainsbury’s game-changing £1.3bn takeover of Argos would catapult the supermarket to become the largest non-food retailer
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NewsCity snapshot: Year on year price fall is largest on record
Plus Waitrose continues to struggle in January, with weekly sales down 2.4%
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NewsPaynes Dairies back in the black after cutting farmgate prices
Paynes Dairies has returned to profit after spending two years in the red as it renegotiated the price it pays farmers
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Analysis & FeaturesDeflation hits all-time high as price war is reignited
As Morrisons opens up a new price battle, prices have fallen by the largest year-on-year proportion on record
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NewsCo-operative Group buys 15 Budgens stores from Booker
Co-op well on track to hit 100 new stores target this year
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NewsCurrencies and cost-cutting hit sales at Mondelez
Full year net revenues were down 13.5% to $29.6bn, including a 12.6 percentage point impact from currency
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NewsMedia Bites 4 Feb: Sainsbury's/Home Retail, EasyFoodstore, Mondelez
Old Mutual, the third largest shareholder in Home Retail Group, has issued its support for Sainsbury’s £1.3bn takeover despite previously calling for a higher price.
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NewsEasyfoodstore forced to close after running out of stock
The shop will be closed on Thursday (4 February) and will then reopen on Friday at 9am
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NewsFood prices rise in January
Food prices have risen for the first time in four months in January as seasonal lines come off promotion
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NewsPooch & Mutt secures bank funding to chase more growth
Premium petcare brand Pooch & Mutt has secured a five-figure bank funding package to keep up soaring demand for its natural, health-focused dog food, treats and supplements.
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NewsTacon charges Tesco £1m for code investigation
Adjudicator describes Tesco’s bill as a “significant sum”
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NewsMedia Bites 3 Feb: Sainsbury’s, Ocado, Casino, EasyFood
Sainsbury’s £1.3bn Argos offer hogs the limelight, overshadowing news of Ocado’s second year of profits
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NewsEagle Eye first-half revenues fall short of expectations
Eagle Eye Solutions sales up 30% in first half as it signs major contract with Sainsbury’s
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Comment & OpinionSainsbury’s enthusiasm for Argos is well-placed… but risks remain
Aside from the financials, Coupe is adamant the tie-up would be good news for British consumers
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NewsOcado posts second annual profit but still waits for international deals
Ocado has posted its second consecutive annual profit after a year which saw retail sales rise by 14.7%