All Finance articles – Page 626
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NewsMedia Bites 21 June: My Local/Morrisons, Majestic Wine, BHS
Morrisons is facing a potential liability of up to £20m as My Local looks at options for the business, including administration.
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NewsTree of Life reports double-digit sales growth to £50m
Ocado and Amazon-listed health food brand Tree of Life has grown its annual sales by 10% to £50m in the year ending 31 March 2016.
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NewsStag Bakeries invests £525,000 in new facilities and machinery
The Hebridean business hopes to give its brand broader appeal
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NewsMajestic shares rise on annual sales boost
Majestic Wine shares were up 3.4% today after its core retail business reported its first like for like sales growth for four years.
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NewsReckitt signs UK licencing deal for K-Y with Thornton & Ross
Reckitt Benckiser has agreed an eight year licencing deal with UK-based, German-owned consumer health group Thornton & Ross for the K-Y brand in the UK.
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NewsCity snapshot: Majestic Wine sales top £400m after retail sales rise
Majestic Wine’s retail business posted its first like-for-like sales increase in four years to grow annual revenues to over £400m. Plus share rebound in EU remain hopes and a look ahead to the week in the City.
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NewsMedia Bites: Tesco, Sainsbury's/Morrisons, Samworth Brothers
Tesco could report a second consecutive quarter of sales growth for the first time in more than five years, fuelling hopes of a sustained fightback against discount rivals.
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NewsExporters on alert in build-up to Brexit vote
Food and drink exporters have expressed grave concerns about the impact a Brexit would have on overseas business
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NewsTesco sells Dobbies for £217m in cash
Sale comes a week after the supermarket agreed to offload the Giraffe restaurant chain to Ranjit Boparan
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NewsPoundland shares rocket as Steinhoff mulls takeover bid
Steinhoff is back shopping for a European retailer after it announced it was mulling a takeover bid for Poundland
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NewsMedia Bites 17 June: Poundland, Unilever, high street, US sugar tax
Poundland profits crash amid interest from Steinhoff; Unilever warns its staff that Brexit could harm the business; shoppers shrugged off Brexit fears in May as high street sales beat forecasts; and Philadelphia becomes the first large US city to introduce a sugar tax on fizzy drinks.
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NewsWH Smith switches food to go range from Urban Eat to Munch
The Munch brand, rolling into WH Smith exclusively this week, comprises more than 70 products
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Analysis & FeaturesUK grocery market will grow by 10% in the next five years
Online to remain fastest-growing market as grocery nears £200bn
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NewsJohn Demetriou made head of category at Kettle Foods
Demetriou was most recently category buying manager for toiletries at Tesco
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NewsMedia Bites 16 June: Poundland, BHS
The papers are dominated this morning by the appearance of Sir Philip Green before MPs answering questions on the BHS collapse, but Steinhoff’s approach for Poundland also gets a look in.
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NewsCity snapshot: Poundland profits tumble as Steinhoff gets set to pounce
Pre-tax profits slumped 84% at Poundland last year as the problems surrounding the acquisition of 99p Stores took their toll
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NewsTesco to take 50 more stores into twilight zone
Tesco said 2,000 staff had entered a 45-day consultation period over the changes
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NewsScottish frozen meals delivery business acquired by Apetito
The owner of frozen meal delivery business Wiltshire Farm Foods has acquired one of the business’ largest franchisees WFF Crieff.
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NewsSteinhoff eyes Poundland bid
South African retail group Steinhoff has announced this morning it is considering making an offer for under-pressure UK discount retailer Poundland.