All Finance articles – Page 94
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NewsCity snapshot: B&M looks to shore up sales after another weak quarter
B&M is planning to open 45 new stores this year despite weaker sales across its stores
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NewsMolson Coors CEO Gavin Hattersley to retire
A search to find Hattersley’s successor will take in both external and internal candidates
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Analysis & FeaturesWill tariffs cause spirits brands to regret their bet on geographical indicators?
Protected geographical indicators have underpinned premiumisation in spirits, but cause headaches in a deglobalised environment
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NewsCollapse of vertical farm Jones Food Company was ‘inevitable’, group warns
The Lydney, Gloucestershire-based business was placed into administration on 7 April, with 61 staff made redundant
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NewsXoxo Soda seals £4m investment on eve of major UK retail push
Xoxo launched in Co-op this month
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NewsMüller snaps up Biotiful Gut Health in £100m-plus deal
Kefir brand Biotiful Gut Health has been acquired by dairy giant Müller for an undisclosed figure
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NewsVertical farming giant Jones Food Company appoints administrators
The Lydney, Gloucestershire-based business closed its doors on Monday 7 April with 61 staff made redundant
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Comment & OpinionTesco’s Ken Murphy unphased by ‘intensified’ supermarket competition
Murphy was keen to point out Tesco’s limited exposure to tariffs, and suggested Asda’s price push was part of a general increase in competition
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NewsGenius Foods bailed out by owner after losses mount
Katjes has sought to initiate a turnaround at Genius since buying the business in 2022, but has struggled to make much headway
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NewsMedia Bites 10 April: Trump’s tariff turnaround, hiring scaled back and Unilever salary backlash
Rachel Reeves is not backing calls for the UK government to launch a “buy British” campaign in response to tariffs
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NewsTesco slashing £500m of costs as price war escalates
Tesco is cutting an additional £500m of costs amid escalating costs and falling profits, saying it needs the ‘flexibility and firepower… to respond to current market conditions’
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News‘Act decisively’ to protect food’s £37bn contribution, government urged
The Powering Communities report highlights the economic contribution of the industry stretching across every region of the UK
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NewsMedia Bites 9 April: Aldi overtakes Asda and Trump tariffs fallout
The news continues to be dominated with the fallout from Trump’s trade tariffs, while Aldi has overtaken Asda on food and drink sales for the first time
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NewsCity snapshot: KKR nears €2.5bn deal for Karo Healthcare
A deal would be counter to the downbeat mood following Donald Trump’s decision to place tariffs on almost every country
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NewsArla and German dairy giant DMK announce plans to merge
The merger ’represents a union of shared values and complementary strengths’, the pair said
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NewsHome-cooked dogfood company Different Dog raises £10m
The £10m will be used to build a new ‘state-of-the-art facility’ in Telford, the ‘dog capital of the UK’
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NewsDiageo swaps US Cîroc rights for stake in LeBron James’ Lobos 1707 tequila
Diageo will retain the rights to Cîroc in global markets including the UK
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NewsEco cleaning brand Smol edges closer to profitability
Smol has prioritised growth since it raised $34m in a series B round in 2021
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NewsMedia Bites 8 April: recession fears, largest Cadbury Creme Egg, matcha shortages
Much of today’s press continues to focus on Donald Trump
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NewsCity snapshot: Hilton Foods’ profits up 15% off strong volume growth
The business is set to expand its international presence with a launch into Saudia Arabia next year