All Finance articles – Page 736
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NewsBlack Friday helps arrest food sales decline
Grocery sales benefitted from a small boost in November as shoppers flocked to supermarkets to grab a bargain on a record-breaking Black Friday, according to the latest BRC-KPMG Retail Sales Monitor released this morning.
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NewsTesco in new profits warning as Dave Lewis promises not to cut corners in January
Tesco issued a profit warning today as CEO Dave Lewis “reset” the business to focus on service, availability and more competitive prices…
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Analysis & FeaturesInvestors banking on a Unilever spreads sell-off may be disappointed
When it emerged that Unilever is breaking out its spreads business into a separate division at a London investor conference last Thursday, the fmcg giant’s shares immediately shot upwards by around 3%.
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NewsWaitrose 'likely' to sever ties with Ocado, say analysts
Waitrose is “more likely than not” to sever its partnership with Ocado, with its notice to end the agreement…
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NewsPremier Foods to rethink controversial supplier investments
Darby. “Many suppliers have invested with us and have grown their business.” Premier Foods is to rethink its controversial Invest for Growth programme after it became a “political football”. The programme asked suppliers to make an investment payment to Premier to help fund the company’s growth strategy. ...
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Analysis & FeaturesPremier is following a well-established supermarket playbook
The real surprise about Premier Foods’ demands for payment from suppliers is not that the company is doing it, but that it’s suddenly in the spotlight.
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NewsSuppliers voice support for Premier Foods investment payments scheme
Premier Foods has responded to the furore over “investment payments” by releasing comments from suppliers backing the scheme. BBC’s Newsnight program has suggested Premier has received “millions” of pounds from suppliers under the scheme. The programme said a member of Premier staff had told a supplier those ...
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NewsPremier Foods rejects accusations it is forcing suppliers to "pay to stay"
Premier Foods has insisted that its controversial policy to ask suppliers for “investment payments” is voluntary and non-payment will not result in de-listing.
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Analysis & FeaturesSoft drinks slowdown: poor weather or price war?
Last week it was Britvic, now it’s AG Barr talking of a second half slowdown in the UK soft drinks market.
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Analysis & FeaturesFood prices have not hit the bottom yet
The British Retail Consortium has found that food prices have fallen for the first time since it began recording the data in 2006.
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NewsLosses escalate at Tesco-backed Harris + Hoole
Annual losses at Tesco-backed coffee chain Harris + Hoole have widened to £12.8m as it counts the cost of its rapid expansion plans.
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Analysis & FeaturesMcColl's reports solid numbers but investors want more
When McColl’s floated in February it was one of the few early year IPOs that did not garner a euphoric reception. Despite its solid full-year sales this morning, wary investors will be feeling vindicated by their caution.
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NewsTesco shakes up senior management team as Matt Simister returns after suspension
Tesco CEO Dave Lewis has revealed a new management line up in the wake of the crisis over its £263m accounting scandal and, temporarily at least, is taking over day to day leadership of the UK operation.
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Analysis & FeaturesConsumer goods M&A boost as giants tidy up their balance sheets
The global consumer goods sector is back in business this year, with international M&A up by 75% by the end of the third quarter.
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NewsWest Berkshire Brewery planning £4m expansion
West Berkshire Brewery is aiming to raise £4m through an Enterprise Investment Scheme
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NewsBritvic buzz goes flat - though analysts aren't too worried
The buzz from Britvic’s fizzing annual profit growth went decidedly flat this week…
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Analysis & Features2015 could be the year Ocado goes international
After a catastrophic late summer share price fall, Ocado has been quietly recovering ground in November.
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NewsCoca-Cola and SABMiller combine African soft drinks bottling operations
Coca-Cola, UK-listed brewer SABMiller and Gutsche Family Investments, the majority owners of in Coca-Cola Sabco, will form a new joint soft drinks bottling venture across 12 African countries.
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NewsIglo revenues frozen in a declining frozen food market
Birds Eye owner Iglo Group is battling to achieve its growth targets in the face of a declining European frozen market…
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Analysis & FeaturesFarms and meat processors bear brunt of supermarket pressure
The UK agriculture and meat industries are feeling the brunt of pressure from supermarkets as insolvencies in the UK food and drink sector increase sharply.