All Finance articles – Page 748
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NewsSupermarkets ramp up pressure on UK food sector
The number of UK food suppliers experiencing “significant” financial distress has risen by over 50%, according to research from professional services firm Begbies Traynor.
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NewsSeabrook Crisps hungry for deals as part of expansion plan
Seabrook Crisps is eyeing potential bolt-on acquisitions as it seeks to broaden its portfolio and expand into new snacking categories following LDC-backed MBO.
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Comment & OpinionOpinion: National Living Wage provides opportunity for businesses too
With the chance to review their wage structures and even get out ahead of changes, SME business need not be disadvantaged by the NLV
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NewsHealth food wholesaler Tree of Life's sales soar 14%
Health food wholesaler Tree of Life has posted sales up 14% to £45m
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NewsSeabrook Crisps confirms LDC buyout
Seabrook Crips has this morning confirmed The Grocer’s story that private equity house LDC has acquired a majority stake in the business.
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NewsCity Snapshot: Rising number of suppliers on the bread line thanks to supermarket price war
The battle between the UK’s biggest supermarkets has led to a 54% jump in the number of food suppliers in “significant” financial distress
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NewsMedia Bites 20 July: Seabrook Crisps, Iceland, Sainsbury’s
The takeover of Seabrooks Crisps, revealed by The Grocer on Thursday, has hit the papers this morning
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NewsCarrefour and Casino trading updates reveal mixed bag
There were seemingly contrasting fortunes for two French supermarket giants this week
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NewsWyke Farms 'fairly optimistic' despite pre-tax profit slump
Somerset Cheddar producer Wyke Farms does not expect an immediate rebound in profitability this year
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NewsCrowdfunding model attracts six more food and drink companies
Six more food and drink companies have turned to the crowd
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NewsB&M Bargains accelerates store opening plans
B&M Bargains is accelerating its store opening plans this financial year and now expects to add 80 net new outlets to its portfolio.
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NewsAs John Dixon quits, is Steve Rowe now M&S CEO in waiting?
John Dixon’s resignation clears way for Steve Rowe in battle to succeed Marc Bolland as M&S CEO.
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NewsCity Snapshot: B&M Bargains reveals strong spring as shoppers stick with discounters
Listed value retailer B&M Bargains has reported another period of soaring growth in a strong spring trading update. Elsewhere, Marks & Spencer gives an insight into succession planning as head of food Steve Rowe takes over from head of GM John Dixon.
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NewsMedia Bites 17 July: M&S, Amazon
The papers focus heavily on news that Marks & Spencer’s head of general merchandise John Dixon has quit for another top job in retail. Also in the headlines is Amazon’s plans to launch online grocery delivery in the UK.
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NewsFinsbury to beat profits forecasts as sales heat up
Soaring sales at Finsbury Food Group have sent investors flocking to the listed bakery and cake supplier
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NewsPhilip Morris sales dragged down by lower UK market share
Sales have fallen 12% to $6.9bn (£4.4bn) at tobacco company Philip Morris International in the second quarter, dragged down by a lower market share in the UK.
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NewsCasino reports improved activity in Q2
French retailer Casino’s standout performance has come from its ecommerce business in the second quarter – with gross merchandise value up 25.8% at constant exchange rates.
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NewsSeabrook Crisps heads for £35m private equity deal
Private equity house LDC counts Ministry of Cake, The ComplEAT Food Group and Intercontinental Brands among its 90-strong portfolio
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NewsHilton shares plunge as meat group faces currency headwinds
Meat packaging business Hilton Food Group has traded in line with the board’s expectations despite challenging consumer conditions
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NewsCarrefour shares rise as international growth pushes up sales
Shares in French supermarket giant Carrefour have risen 2.5% to €30.89 thanks to continued sales growth in its second quarter