All Finance articles – Page 682
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Analysis & FeaturesCity scepticism doesn't tell the full story of Majestic Wine's Naked takeover
A near 13% share price drop on the announcement of a key acquisition would normally signify the City has given it a firm thumbs down.
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NewsThomas J Fudge's mulls sale as brand overhaul continues
Thomas J Fudge’s Remarkable Bakery is working with corporate adviser Grant Thornton on a potential sale of the business.
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NewsCarrefour sees 3.2% first quarter sales growth
French hypermarket chain Carrefour has seen revenues grow by 3.2% on an organic basis (ex petrol) in the first three months of 2015.
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NewsMajestic Wine adds online potential with £70m Naked Wines takeover
Majestic Wine has swooped for rival Naked Wines in a £70m deal which will rapidly accelerated the listed retailer’s online plans and gives the listed group a new CEO.
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NewsCity Snapshot: Majestic Wines appoints CEO as it acquires Naked Wines
Majestic Wines appoints new CEO as it pays £70m to takeover Naked Wines. Plus Carrefour reveals strong quarter one figures and Waitrose has “best-ever” Easter for non-food.
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NewsMedia Bites 10 March: Poundland, Co-op, Boots
Three retailers dominate the business pages this morning as Poundland is frustrated by the monopoly watchdog, Co-op’s rescue plan gains traction and Walgreens Boots Alliance reports first half results.
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NewsCranswick finishes year with ‘strong’ quarter
Listed meat supplier Cranswick has finished the year with a “strong” quarter as underlying sales rose by 1%.
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NewsCamden Town Brewery sells 20% stake to private family for £10m
Camden Town Brewery has agreed to sell 20% of the business to a Belgian manufacturing family for £10m.
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NewsPoundland’s 99p acquisition faces in-depth monopolies probe
Poundland’s takeover of the 99p Stores chain will be referred for an in-depth investigation “unless acceptable undertakings are offered”, the Competition and Markets Authority has confirmed today.
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NewsMedia bites 9 April: Aldi, Waitrose, Starbucks
This morning’s retail news is dominating by Kantar Worldpanel’s figures yesterday suggesting that Aldi has now overtaken Waitrose as the nation’s sixth largest grocer.
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NewsCity snapshot: Disposals boost Co-op's profits
The Co-op Group has turned a £255m loss in 2013 into a profit of £124m last year despite a fall in group revenues, Cranswick sees volume growth, PZ Cussons trading update and all the rest of the moves and news from the City.
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NewsCaterway shuts its doors following collapse in trading
Wholesaler Caterway has ceased trading after attempts to secure the external investment it needed to survive failed.
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NewsAldi overtakes Waitrose to become Britain's sixth biggest supermarket
Aldi, Lidl and Waitrose only retailers to increase market share, Sainsbury’s back in growth
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NewsMedia bites 8 April: Organic food sales, shop prices, tobacco lobbying
Organic food sellers have notched up fruitful growth as economy recovers, according to The Telegraph.
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NewsCity snapshot: Shop prices fall to new lows
High street prices are falling at the fastest rate for a decade, according to the BRC-Nielsen Shop Price Index published this morning, plus all the latest share price moves and news from the City.
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NewsPartner in Pet Food in €315m private equity buyout
European private equity firm Pamplona Capital Management has acquired Hungary’s Partner in Pet Food for €315m (£230m).
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NewsStandard & Poor’s upgrades Bakkavor following refinancing
Credit ratings agency Standard & Poor’s has upgraded the corporate rating of Bakkavor by one notch due to its “resilient performance despite challenging conditions”.
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NewsCity Snapshot: 2015 economic outlook is "encouraging", says CBI
Economic growth held steady in the UK during the first quarter and is expected to gather momentum over the next three months
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NewsMedia Bites 7 April: Kellogg's, display ban, EU milk quotas, Cadbury
Kellogg’s has complaints that a campaign to tackle tax avoidance will hurt profits, dairy farmers get ready for the end of EU milk quotas, and Cadbury hit with Indian tax claim.
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Analysis & FeaturesM&S defies price war headwinds, but for how long?
The long-awaited rebound in general merchandise has understandably dominated coverage of Marks & Spencer’s full-year trading numbers, but the continued growth in food is no less notable.