All Finance articles – Page 672
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NewsMedia Bites 17 November: Majestic Wine, Tesco, Black Friday
Majestic Wine takes up plenty of column inches as the papers digest what the 50% slump in profits and the new turnaround plan means for Britian’s biggest wine marchant.
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NewsCity snapshot: B&M drives sales with record store openings
B&M has increased revenues by almost 26% to £930.3m thanks to the rapid growth of its store network. Plus the latest market share data from Kantar Worldpanel and Nielsen.
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NewsMoy Park sales slip in "challenging" market
Moy Park revenues have fallen 1% in the third quarter thanks to foreign exchange movements, the impact of bird flu outbreaks, commodity price deflation and lower international sales.
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NewsUK only major European fmcg market in decline, reports Nielsen
Supermarket price war makes UK the ‘one big blip’ in growing European fmcg market
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NewsHKS Holdings adds 23 forecourt sites with deal for Brobot Group
HKS Holdings completes deal to buy 23 forecourt sites…
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NewsMajestic Wine eyes £500m sales in three-year turnaround
Majestic Wine CEO Rowan Gormley is targeting sales of more than £500m by 2019 as the business embarks on a three-year turnaround plan.
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NewsGlanbia snaps up ThinkThin for $217m
Irish nutrition group Glanbia has agreed to acquire a US protein bar producer for $217m.
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NewsMedia Bites 16 November: Big four, Aldi, Lidl, B&M, Poundland
The big four supermarkets are being “taxed to oblivion”; Aldi and Lidl are planning to open five times as many stores as their traditional rivals; and B&M and Poundland to report first-half results.
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NewsCity snapshot: Majestic Wine warns on profits as it launches “transformational” plan
Majestic Wine has issued a profits warning alongside a new three-year transformation plan for the business
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NewsWincanton in Morrisons talks as profits slide in first half
Wincanton hopes to thrash out its future involvement with Morrisons following the supermarket’s sale of M Local to Mike Greene.
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NewsSainsbury's fall in profits illustrates severity of the task
The green shoots didn’t last long for Sainsbury’s as shares slump 7% after profits falter.
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NewsUK food and drink M&A set to hit its highest level since 2007
UK food and drink M&A is set to hit its highest level since 2007 after another hike in deals in the third quarter
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NewsSainsbury's pledges to continue price-cutting strategy
Sainsbury’s is doubling down on its strategy to invest in price and cut promotions
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NewsCity Snapshot: Supermarket deflation back towards record highs
The Grocer Price Index shows deflation is ractcheting upwards again to move back towards the record high recorded in March, meat producer Stoddarts bought by a group of investors and all the rest of today’s news from the City.
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NewsMedia Bites 13 Nov: SABMiller, Morrisons, Tesco
SABMiller’s first half result announcement yesterday is the major topic for the papers this morning.
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Analysis & FeaturesDeflation hitting hard as the mults head into Christmas
Deflation is biting the supermarkets as hard as ever as they head into the vital Christmas trading period.
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NewsScottish beef processor Stoddarts sold to private investors
Scottish beef processor Stoddarts has been sold by owner Neil Stoddart to a group of private investors.
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Analysis & FeaturesPremier pleases the City as it climbs 'vertical rock face'
Gavin Darby is delivering gains but there’s still a long way to go
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NewsConviviality expands reach into events with Peppermint deal
Conviviality is to acquire a majority stake a bar and events company operating at festivals and sporting events as sales soar 38% in first half thanks to Matthew Clark deal.
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NewsCity Snapshot: Exchange rates cause double-digit profit and revenue drop at SABMiller
SABMiller has suffered a 12% drop in revenues in the six months to 30 September