All Finance articles – Page 8
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News
Heineken UK ‘biggest-ever’ price hikes fail to halt profit slide
The hikes led HUK to lose off-trade market share
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News
City snapshot: Shop prices fall for first time in three years
Shop prices have fallen for the first time in almost three years as non-food retailers tempted shoppers with deep discounts in a bid to shift summer stock
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News
Media Bites 27 August: Nestle, Unilever, M&S, Morrisons
There’s plenty of fmcg news to wade through from the long bank holiday weekend, with Nestle and Unilever in focus
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Comment & Opinion
Ultra-processed foods concerns are changing shopper behaviour
Heightened awareness is resulting in higher expectations
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News
London brewer Fourpure shifts production up north in consolidation move
The move will result in the closure of Fourpure’s Bermondsey brewery and taproom
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Analysis & Features
What changes could the government be considering on business rates?
More than seven weeks on from being elected to government, Labour is yet to flesh out its plan to replace the current business rates system in England
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Analysis & Features
Mars’ $36bn deal for Kellanova is a vote of confidence in snacking
Mars’ blockbuster deal is a huge bet that the shift towards snacking is here to stay – even across HFSS food. Will it inspire more M&A in fmcg?
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News
City News: Asda disappoints again as pressure mounts on Mohsin Issa
Pressure is continuing to mount on Asda and owner Mohsin Issa as the latest industry data this week revealed a sharp slump in summer sales and more ground lost on market share
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News
First Brexit common user charge bills serve bitter shock to food industry
The costs of importing EU goods to the UK are quickly running into tens of thousands of pounds, businesses report
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Analysis & Features
Packaging tax: Defra’s eye-watering EPR recycling fees shock
‘Eye-watering’ fees aren’t set in stone, but companies are getting worried
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News
CapVest-backed Inspired Pet Nutrition to buy Butcher’s Pet Care
CapVest-owned Inspired Pet Nutrition has struck a deal to buy Butcher’s Pet Care to create a petfood group with sales of more than £350m
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News
Nestlé appoints new CEO in surprise departure for Mark Schneider
Schneider has stepped down as head of the world’s biggest food company in a surprise move, to be replaced by group veteran Laurent Freixe
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News
City snapshot: Consumer confidence in the economy falls for first time in six months
Confidence in the UK economy has dipped even as consumers feel better about their personal finances, according to a closely watched survey. Plus, Nestlé CEO Mark Schneider steps down in surprise move
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News
Media Bites 23 August: Nestlé, Gail’s, Brown-Forman
Nestlé announced that chief executive Mark Schneider was stepping down, and will be succeeded by company veteran Laurent Freixe
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News
Allplants optimistic about path to profit as losses mount
The vegan ready meal maker has recorded heavy losses as the business wrestled to shift its capital-intensive model amid challenging macro-economic conditions and declining demand in the plant-based category
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News
Brazil looks to strengthen UK relationship with pork exports
Brazil is hoping to expand its trading partnership with the UK as part of ambitions to start exporting pork into the country as imports from the EU dwindle
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News
City snapshot: Hain Celestial a ‘fundamentally different’ company as turnaround plan progresses
Hain Celestial is on track to deliver $60m in cost savings this year to fuel the US giant’s ongoing turnaround plan
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News
Media Bites 22 August: Waitrose, loyalty cards, Asda
It’s a packed morning in the papers for food & drink news, but Waitrose dominates headlines as it kicks off a new wave of expansion
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Comment & Opinion
Why promotional investment is the new formula for growth
There has been a significant increase in promotional spending over the past 12 months, says Alex Lawrence, senior strategic insight director at Circana
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News
Nexba owner returns to crowd for £1m raise to drive international expansion
The Australian soft drinks brand raised £360k in its domestic market in June