All articles by Henry Saker-Clark – Page 8
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NewsWaitrose Christmas week sales jump 19% to 'hit expectations'
Sales at the premium supermarket were heavily distorted by the timing of Christmas and New Year compared to 2017, the retailer said in its weekly trading update
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NewsHMRC threatens Iceland with £21m minimum wage bill
The Times reports that Iceland has been threatened with a £21m bill by HM Revenue & Customs after it accused the retailer of breaching minimum wage rules.
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NewsMedia Bites 2 January: Christmas retail sales, Iceland, 'Pudding Tax'
The City is bracing itself for news of just how brutal Christmas 2018 was for the UK high street
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NewsGeneral Mills beats profit estimates despite decline in yoghurt sales
The Old El Paso manufacturer’s shares jumped 4.8% prior to trading, after it revealed improved margins
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NewsUK inflation hits 20-month low as petrol prices fall
Food inflation slowed significantly as the impact of the weaker pound faded
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NewsMedia Bites 19 December: Patisserie Valerie, GlaxoSmithKline, food waste
Patisserie Valerie has appointed a Starbucks executive to a key commercial role as it tries to move on from the accounting scandal that brought the company close to collapse
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NewsCity Snapshot: GlaxoSmithKline agrees £10bn consumer health venture with Pfizer
GlaxoSmithKline has announced plans to merge its consumer health unit with that of rival drugs giant Pfizer, supermarket chains have surged in early trading, and the rest of the news from the city
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NewsNando’s grocery sales more than triple amid global expansion
Nando’s grocery sales more than tripled over the past year amid significant investment to expand the chicken condiment brand globally.
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NewsWhite Rabbit Pizza Co secures £750k cash boost from angel investors
Gluten-free startup White Rabbit Pizza Co has secured a £750k cash injection to underpin its expansion plans.
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NewsGraze sales slide despite in-store growth as sales process continues
Sales dived 5.2% at healthy snacking brand Graze last year, despite a strong performance from its retail arm.
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NewsCity snapshot: Graze sales slide as buyout nears
Sales dived 5.2% at healthy snacking brand Graze last year as the search for a buyer continues into the New Year. Plus, British American Tobacco makes a raft of staffing changes, Dole Food Company sells European salad businesses to BAMA International and all the rest of the latest news from the City.
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NewsOMG Tea seeks up to £150k to increase distribution
Organic matcha tea brand OMG Tea is in discussions with potential investors as it looks to secure up to £150k to drive marketing and distribution.
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NewsGreencore eyes new categories amid M&A growth plans
Greencore is eyeing M&A opportunities in new categories including snacking after landing a cash windfall from the sale of its US business in October.
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NewsSushi Daily growth and Pret contract loss hits Taiko Foods
Waitrose sushi supplier Taiko Foods has fallen into the red after being hit by the growth of Sushi Daily and the loss of its Pret a Manger supply contract.
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NewsVillage Bakery hires advisors to secure PE investment
Welsh own-label supplier The Village Bakery has hired advisors in a search for external investment to drive future growth.
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NewsPatisserie Valerie appoints interim finance boss amid accounting scandal
The crisis-stricken owner of Patisserie Valerie has appointed an interim CFO.
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NewsMedia Bites 5 December: Greencore, Unilever, Food waste
The boss of Greencore has warned Britons could face fewer sandwich options in the event of a chaotic withdrawal from the European Union
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NewsUnilever to buy GSK's health drinks business for €3.3bn
In 2018, the health drink portfolio delivered total turnover of €550m Unilever has agreed a €3.3bn deal to buy GlaxoSmithKline’s Indian consumer business, including malted milk drink Horlicks. The deal will boost Unilever’s footprint in one its fastest growing markets, beating reported interest from fellow consumer giants ...
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NewsMcColl's shares plummet after profit warning issued
Convenience retailer McColl’s shares plummeted 23% after it issued a profit warning, blaming problems relating to its Morrisons supply contracts
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NewsMedia Bites 3 December: Nestlé, Patisserie Valerie, Fortnum & Mason
Nestlé’s leadership has defended its governance arrangements against criticism from an influential activist investor, Patisserie Valerie is being sued over a bonus dispute and the rest of the news from The City