All Finance articles – Page 642
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NewsAsda targets the discounters with Christmas price war plan
Source at the retailer says Asda will “park our tanks” on the discounters’ lawns
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NewsMark Price to quit as Waitrose MD
Mark Price is to step down from his role as MD of Waitrose with retail director Rob Collins taking over next year, the retailer has confirmed.
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NewsMedia Bites 20 Oct: Asda, Tesco, Weight Watchers
Asda’ strategic rethink to cut back on click & collect and expansion in London is the focus of the papers this morning.
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NewsCity snapshot: Double digit sales growth at Costa Coffee
Costa Coffee owner Whitbread has reported an 11.3% boost to revenues partly thanks to strong growth across the coffee chain.
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NewsDeals and discounters fuel UK growth at R&R Ice Cream
Ice-cream maker R&R Ice Cream has reaped the benefits of consolidation and the growth of the discounters as sales and profits in the UK soared by 25% and 90% respectively.
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NewsMüller gets CMA green light for Dairy Crest milk acquisition
Dairy Crest’s £80m sale of its liquid milk division to Müller has been approved by the Competition and Markets Authority.
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NewsProfits fall at Walkers despite sales boost
Walkers Snack Foods saw operating profits drop by 13.5% in the year to 27 December 2014 despite a healthy rise in revenues.
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NewsDanone baby food growth drives sales ahead of expectations
French food group Danone has beaten forecasts with like-for-like sales rising 4.6% in the third quarter thanks to double-digit growth in its baby formula division.
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News‘Green shoots’ appear for grocery sector – Begbies Traynor
The beleaguered UK grocery sector is showing the first “green shoots” of recovery as levels of failing businesses in the supply chain eased for the first time in more than two years.
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NewsAsda unveils new strategy with Project Renewal
Key elements of the new strategy include slowing down planned expansion in London and “re-phasing” plans to develop more click & collect sites
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NewsMetro Group sees 1.5% full year like-for-like growth
German retailer Metro Group recorded a 1.5% rise in like-for-like sales in the year to 30 September.
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NewsCity snapshot: First signs of recovery for UK grocery industry
Stability is finally returning to the struggling UK grocery sector with the number of failing businesses within the UK food supply chain falling for first time in 27 months, according to Begbies Traynor.
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NewsMedia Bites 19 October: GCA, Tesco, Diageo, Megabrew
A rare quiet weekend in the papers for the retail industry but there are stories on the Groceries Code Adjudicator, Tesco’s Brand Guarantee scheme and more wine sell offs at Diageo.
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InterviewsJan Kruise: Heinz doesn't just mean cutz
UK & Ireland MD Jan Kruise is full of beans over the change in emphasis at Heinz, and insists it’s working
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NewsNestlé scales back forecasts as Maggi food scare hurts sales
Food giant Nestlé has downgraded its full-year growth target as the Maggi noodles food scare in India continued to act as a drag on sales.
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NewsKP losses up in first year with Intersnack
Losses have escalated at KP Snacks in its first full year under the ownership of Germany’s Intersnack
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Analysis & FeaturesCity News: Unilever shares jump but emerging markets outlook uncertain
Unilever shares hit their highest levels since early August on Thursday
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NewsInnocent UK slumps but EU revenues soar
Operating profits have slumped by more than 20% at Innocent as the smoothie maker battles tough conditions in the UK chilled juice sector.
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NewsKellogg's UK profits slump as Brits turn away from cereals
Kellogg’s suffered a profit slump in the UK last year as it battled falling demand for cereals.
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NewsCity snapshot: Nestlé sales disappoint in the third quarter
Nestlé has reported disappointing third quarter figures as the withdrawal of its Maggi noodles in India and a slower-than-expected recovery in China took their toll.