All Finance articles – Page 640
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NewsPoundland agrees £597m sale to Steinhoff
The board of Poundland has agreed to a 222p per share sale to South African retail group
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NewsBanham Poultry slips to loss as chicken fillets hit by grocery price war
Fast 50 new entry Banham Poultry tumbled to a pre-tax loss last year after pressure to reduce prices amid rising wage costs hit profits.
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Comment & OpinionWill Prime Day 2016 show Amazon’s Black Friday alternative is coming of age?
As well as the extra traffic to the site and money coming in, the real big deal for Amazon is Prime membership
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NewsSpar retailer Eat 17 snaps up My Local site
The new store in Whitstable will open on Wednesday 20 July – just three weeks after My Local went into administration
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NewsIceland opens its first dark store
Retailer claims “very strong growth” for its online shopping service
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NewsFull-year sales up 12% at Hotel Chocolat
Hotel Chocolat has announced a “slightly ahead” of market expectations 12% rise in sales for the 52 weeks to 26 June
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NewsMedia Bites 12 July: Aldi/Lidl, Brexit, Sugar tax, Retail sales
Aldi and Lidl face threat from weak pound, writes The Financial Times.
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Analysis & FeaturesOC&C Global 50: The 3G Capital/Berkshire Hathaway model
The relentless focus on the bottom line of 3G Capital and Berkshire Hathaway-owned fmcg giants is become increasingly influential in an industry struggling for volume growth.
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Comment & OpinionWill the new leader (Sean Clarke at Asda, that is) trigger the nuclear option?
It’s fitting that Asda chose a day of leadership turmoil to greet its new boss
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Analysis & FeaturesOC&C Global 50: The year of the mega-deal
2015 was the year the trigger was finally pulled on the global mega-deal.
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NewsWessanen snaps up Mrs Crimble’s gluten-free brand
The organic food company behind the Clipper Tea, Kallo and Whole Earth brands has snapped up gluten-free cake maker Mrs Crimble’s.
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NewsRetail leaders urge government to prioritise business rates cut
Retail associations say threat to the economy posed by business rates has reached a “tipping point”
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NewsYoung's Seafood boss Pete Ward steps down
Ward will be replaced temporarily by Bill Showalter, CEO of parent company Young’s Seafood International Holdings
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NewsMedia Bites 11 July: Poundland, Asda, SAB Miller, Diageo, Fever-Tree, sugar tax, Brexit
Steinhoff is applying the finishing touches to a £600m-plus takeover bid for Poundland ahead of this Wednesday’s bid deadline; new Asda boss could “easily lose” new price war; and food and drink industry calls for sugar tax to be mothballed in wake of Brexit
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NewsCity snapshot: McBride upgrades profits forecast
Profits will be better than expected at McBride but sales are 2% lower
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NewsThe OC&C Global 50 rely on M&A activity to drive sales growth
The globe’s fmcg players are increasingly finding organic growth hard to come by
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Analysis & FeaturesOC&C Global 50: Can the fmcg giants handle Brexit shock?
The Brexit decision has stunned already struggling global markets, with weakest post-recession growth for OC&C Global 50
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NewsHiggidy goes into the red despite soaring sales of premium pies
Higgidy has recorded another year of double-digit sales growth
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Analysis & FeaturesBrexit already dampening price deflation at the mults
Brexit is widely expected to have an inflationary impact on food prices
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Analysis & FeaturesSupermarket shares hit by new price war fears
Growing rumblings of a new front in the already brutal supermarket price war