All Finance articles – Page 689
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NewsCity snapshot: Lenta issues bond to fund store expansion plans
UK-listed Russian supermarket chain Lenta is seeking to raise RUB5bn (£49m) via the bond markets to fund new store openings, Morrisons teeters on the edge of FTSE 100 demotion and the City is hit by more Chinese economic woes.
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NewsMedia Bites 2 Sep: Poundland, UK manufacturing, contactless payments
On a quiet day for grocery news, the major story is yesterday’s announcement by Poundland that it is launching an online service.
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NewsContactless payments tipped to soar as new £30 limit comes in
The average supermarket shop of £25.17 now falls below the contactless payment limit
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NewsArla’s first half revenues drop 3.8% as milk prices plunge
Arla Foods saw overall revenues drop 3.8% in the first six months of the year as declining global milk prices hit the dairy industry.
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NewsPoundland launches online trial
Poundland has announced the launch of an online retail offer in the UK.
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NewsApetito moves to Living Wage for its staff
The frozen food supplier said it would also seek accreditation as a Living Wage employer in future.
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NewsCity snapshot: Real Good Food gets extra £3.4m for Napier Brown
Real Good Food (RGD) has announced it has completed the disposal of its sugar business Napier Brown and received a further £3.4m from Tereos.
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NewsMedia Bites 1 Sep: Living wage, Tesco/Dunnhumby, Morrisons
Fashion and gift retailer Oliver Bonas has become the first high street chain in Britain to promise its staff an independently calculated living wage.
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NewsRelex Solutions expands supply chain service to States
Relex Solutions has teamed up with US private investment house Summit Partners
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NewsUnion urges workers to join Tesco's downgraded pension scheme
Usdaw claims the retailer is ”justified” in scrapping its final salary scheme
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NewsCity news: Grocery stocks and 'Black Monday'
Grocery and fmcg stocks didn’t escape the carnage of ‘Black Monday’
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NewsBooming Urban East sales boost buoyant Adelie
The booming food-to-go sector has helped drive annual revenues up 14.9% at HIG Capital-owned Adelie Food Group
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NewsOff-trade beer Q2 sales fall after strong 2014
Sales of beer through grocers and off-licenses fell 6.2% to 3.7 million barrels
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NewsMedia bites 28 Aug: Tesco/SFO, Homeplus, Pernod Ricard
News that former Tesco CEO Philip Clarke is to be interviewed under caution by the Serious Fraud Office is the major grocery story in the papers today.
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NewsPoundland's Jim McCarthy undeterred by CMA wait
Poundland’s ambition to pursue more deals has not been diminished by four months of in-depth scrutiny…
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NewsCity snapshot: Consumer confidence improves in August
UK consumer confidence in on the up, according to the latest GfK UK Consumer Confidence Index, while the FTSE rebounds and Waitrose weekly sales edge up.
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Analysis & FeaturesSainsbury’s pay rise for staff throws down the gauntlet to other retailers
The grocery industry faces “unprecedented turmoil” and to offer 137,000 staff a 4% rise in the midst of that is no small feat
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NewsPernod Ricard suffers €404m Absolut write-down
Pernod Ricard undershot industry performance expectations for the 2014/15 financial year after the drinks company decided to book an impairment charge of €404m on its biggest brand, Absolut
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NewsConfectioner Hope & Greenwood rescued from administration
Old-fashioned sweetshops in London have closed but the brand lives on thanks to Monty Bojangles manufacturer
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Comment & OpinionShort-term capital is becoming an operational necessity
Access to credit is crucial to successful working capital management