All Finance articles – Page 79
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Comment & OpinionWhat we can learn from insolvencies in fresh produce
Businesses are being hit by the weather, supermarket behaviour and consumer trends, says Tom Swiers, director and head of food & drink at Interpath Advisory
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NewsHilton Food Group enjoys further growth in strong first-half results
The meat, seafood and plant-based packer saw pre-tax profits rise by almost 38% like for like, in the first half of 2024
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NewsSoft drinks maker Fentimans says it will close down if ’packaging tax’ plans go ahead
Fentimans claims it is one of many drinks companies considering its survival prospects after Defra published estimates for the cost of recycling of glass under the flagship EPR scheme
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NewsThe Compleat Food Group acquires Harvey & Brockless for undisclosed sum
This is the latest strategic acquisition by The Compleat Food Group in its ambition to become ‘the UK’s number one chilled prepared food company’
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NewsSignature Flatbreads invests £150m into bakeries, creating 500 jobs
The announcement coincides with the 40th anniversary of the business this month
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NewsNew launches help Itsu grocery revenues surpass £50m for the first time
The supplier launched total of 27 new products in grocery in 2023
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NewsCity snapshot: Andrew Carter quits as Chapel Down profits slump
Chapel Down and Hilton Foods announced results and personnel changes. Itsu reported record grocery sales.
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NewsAgua de Madre in £300k crowdfunding drive to support growth
Funds will be used to upscale production, invest in NPD, make new hires and support growth
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NewsMedia Bites 4 September: John Lewis, thefts, antibiotic resistance
John Lewis is getting down to business on its housebuilding programme
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NewsChapel Down CEO Andrew Carter quits to join brewer Timothy Taylor
Carter will continue to lead Chapel Down until the appointment of a new CEO in the first half of 2025
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NewsMedia Bites 3 September: Harrods, Aldi, students
The accounts for Harrods’ year to February 2024 are in
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NewsCity snapshot: Retail sales pick up but consumer confidence remains ‘fragile’
Both sales and volumes in grocery saw an uptick in August
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News‘Chicken King’ Ranjit Singh offloads Euro poultry business to Boparan Private Office
The sale of the business to Boparan Private Office is subject to approval by Polish anti-trust authorities and is due to complete later this month
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NewsAsda Rewards launches Cashpot for Schools scheme to raise millions
The ‘bold new initiative’, which launches today, sees all 22,000 state funded primary schools in the UK given £50 by the supermarket and an extra £1 whenever a shopper selects the school on the Asda loyalty app
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NewsMedia Bites 2 September: Iceland, M&S, Post Office
Iceland’s executive chairman is calling for new laws to allow publiishing of thieves’ images
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NewsCity snapshot: ‘Mixed picture’ for private sector with consumer-facing businesses ‘still struggling’
Growth is mostly expected to come from the UK’s services sector
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NewsSamworth Brothers records £22.5m hit from Revolution Kitchen closure
Operating profits at Samworth Brothers fell by 22.2%, to £20m as a result
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Analysis & FeaturesWhy Waitrose is turning its focus to convenience again
The retailer has unveiled plans to open 100 new Little Waitrose c-stores
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NewsCity snapshot: ‘Softening trends’ lead Brown-Forman to miss quarterly sales and profit forecasts
The Jack Daniel’s maker’s sales were down 4% on an organic basis in the three months to 31 July
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NewsMedia Bites 30 August: Sainsbury’s/Homebase, shoplifting, four-day work week
Sainsbury’s is planning to snap up 10 Homebase stores in a move that could creat 1,000 jobs