All Finance articles – Page 661
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NewsMcColl's set to buy 298 stores from the Co-op
McColl’s Retail Group has agreed to buy 298 stores from the Co-op in a “transformational” £117m deal
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NewsCity snapshot: Steinhoff £600m Poundland bid faces pressure from activist fund manager
Steinhoff’s £600m takeover bid for Poundland has been complicated by an activist hedge fund building up a sizable stake in the beleaguered fixed-priced discounter.
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NewsMindful Chef launches £400k funding campaign
Recipe box start-up Mindful Chef is seeking £400,000 in a crowdfunding campaign to raise the profile of the business.
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NewsAndrea Leadsom becomes Defra secretary in May’s new government
Leadsom replaces Liz Truss, who has been promoted to the role of justice secretary
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NewsFirst quarter like-for-like sales flat at B&M Bargains
B&M European Value Retail, owner of B&M Bargains, has reported flat UK like-for-like sales in its first quarter trading update this morning
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NewsMedia Bites 14 July: Poundland, Co-op/McColls, Amazon
The agreement of Poundland’s £597m to South Africa’s Steinhoff Group is heavily covered in the papers this morning.
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NewsCo-op sells 298 smaller stores to McColl's for £117m
The deal is now subject to approval from the CMA and McColl’s shareholders
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NewsSteinhoff's Poundland deal could mean "more rapid" move to multi-price
Poundland’s near-£600m sale to South Africa’s Steinhoff Group could hasten its shift to becoming a multi-price format retailer, industry analysts predict.
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Comment & OpinionWhat does Britain’s new PM mean for food & drink?
The UK is now in for a steep learning curve on its new PM
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NewsOcado links with Marie Claire for beauty product deliveries
The online retailer will deliver high-end brands such as Bobbi Brown with food shops
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NewsRaisio sells Halo Foods for a loss to 'hands-on' investor
Raisio Group has sold its UK snack bar business Halo Foods to Dutch investor Nimbus, taking a €19m (£15.9m) hit on the disposal.
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NewsMedia Bites 13 July: M&S, SABMiller, Hotel Chocolat
Marks & Spencer is offering small investors a direct line to the boardroom with the creation of a shareholder panel to scrutinise performance.
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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.