All Finance articles – Page 632
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NewsOcado wins over the City with signing of Morrisons deal
The new agreement between Morrisons and Ocado sent Ocado shares soaring this week
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Analysis & FeaturesOnline shopping: how can supermarkets make money?
Delivery is popular, but supermarkets struggle to make money from it. So how can they start turning clicks into cash?
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NewsCity snapshot: Bear targets international growth after 37% sales jump
Healthy snack brands Bear and Urban Fruit saw sales grow by 37% in the year it was taken over by Belgian bakery Lotus. Poundland hopes to be owned by Steinhoff by 16 September, but like for likes for 19 weeks to 7 August are down 4.9%, plus all the rest of the news from the City.
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NewsMedia Bites 12 Aug: Steinhoff/Poundland, Coca-Cola HBC, BHS
Steinhoff’s improved offer for Poundland yesterday is the major retail story in this morning’s papers.
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NewsBear sales soar in run up to Lotus takeover
Snack brands Bear and Urban Fruit recorded another year of healthy growth in the run up to being snapped up by Belgian bakery Lotus for £71m, as parents looked for easy ways to get their kids to eat fruit.
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NewsGeorge Eustice inspects revamped Ambrosia Creamery in Devon
A £12m investment at the plant has created 20 extra jobs and brought in new factory equipment
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NewsItsu serves up sales rise as demand for healthy food continues
Itsu has recorded a healthy 22% rise in revenues to £82.6m thanks to a 2.3% increase in like-for-like sales and another 10 store openings
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NewsProduct recall cost potato supplier Swancote Foods nearly £600k
Some 45 own-label ready meal lines were pulled due to metal contamination fears…
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NewsSnaffling Pig snacks brand secures £70k from Dragons’ Den
Dragon Nick Jenkins negotiated a 20% share in the business
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NewsRefresco volumes hit by bad weather and private label challenges
Refresco has warned that volumes will be below full-year expectations as poor summer weather and challenges in the private label business affected the European soft drinks bottler.
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NewsBakkavor reports strong revenue group in UK and overseas
Food group Bakkavor increased revenues 3.2% to £438.7m in the second quarter as it grew business with the supermarkets in the UK and the overseas business continued to soar.
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NewsJBS move to Ireland set to shake up UK and EU meat sector
The planned relocation of Brazilian meat giant JBS to Ireland could stir up the UK meat and poultry sectors and drive further investment by JBS across Europe.
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NewsActivist investor forces Steinhoff to increase Poundland offer
Steinhoff has upped its offer for Poundland by 5p to 225p a share following pressure from activist investors.
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NewsMedia Bites 11 August: Stock Spirits, Brexit, cashew nut prices, Sainsbury's
A new boss at Stock Spirits and the start of a turnaround in Poland picked up plenty of coverage this morning. The favourite brands of remain and leave voters are revealed; cashew prices soar; and Sainsbury’s apologises for treatment of gay men in a London store.
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NewsCity snapshot: Profits fizz at Coca-Cola European bottler but currency holds back sales
Coca-Cola HBC increased sales in the first half to expand margins and push up profits but unseasonable weather affected volumes
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NewsStock Spirits new CEO focused on Poland turnaround but deals still on the table
The new CEO at Stock Spirits has reaffirmed the European drinks group’s M&A strategy despite the past disagreements with major shareholders.
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NewsLily’s Kitchen appoints Chris Lock as marketing director
His arrival follows that of new product director Emma Wrigley
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NewsSoft drinks won't be hit by 20% sugar reduction target, campaigners claim
Government hopes sugar levy will drive reformulation in soft drinks rather than specific targets
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NewsHot weather promises to send food sales soaring by 10%, says Co-op
A new report concludes food sales could soar by £290m a week with a few days of sizzling temperatures
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NewsMedia Bites 10 August: Ocado, Morrisons, e-cigs
Ocado and Morrisons announcing a renewed agreement, tweaked from the original signed back in 2013, gave the paper plenty to chew over this morning.