latest – Page 112
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NewsCity snapshot: Lidl outpaces rivals with festive sales up 11%
Lidl saw sales rise by a whopping 11% in the run up to Christmas, outpacing all other grocers - including Aldi
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NewsM&S to roll out new supply chain system to cut food waste and costs
‘Disappointing’ food waste levels hit margins in the third quarter
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NewsWaitrose results: Charlie Mayfield hails booming online sales
The JLP chairman said he hoped 2020 would be a year of “dramatic growth”
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NewsTesco Christmas sales edge up despite ‘subdued’ market
Tesco boss Dave Lewis today claimed Christmas saw the “best operational performance” he had seen since he joined the supermarket in 2014. Plus, on a hectic morning, festive grocery sales rise for Waitrose and M&S, trading updates from Naked Wines, Nichols, Hilton Food Group, Mitchells & Butlers and all the rest of the latest news from the City.
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NewsGreggs to roll out nationwide delivery service this year
CEO Roger Whiteside said the bakery chain had been running trials with Deliveroo, Uber Eats and Just Eat
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NewsWalgreens Boots Alliance reports sales rise as costs hit profits
Walgreen Boots Alliance increased sales in its first financial year quarter
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NewsSainsbury’s posts positive Christmas results after ‘upping its game’
CEO Mike Coupe said the supermarket had become more competitive on price and grown its premium Taste the Difference range over the past six months
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NewsCity snapshot: Sainsbury’s Christmas grocery growth mitigates Argos decline
Sainsbury’s has posted a decline in like for like retail sales in its crucial third quarter. Plus, Greggs has posted another quarter of strong organic growth to take its full year sales up 13.5% year-on-year while committing to pay staff £7m and all the rest of the latest news from the City.
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NewsEuro Food Brands hails ‘strong’ outlook despite Illy’s foodservice demerger
The specialist distributor said it was able to replace lost revenue with new growth from existing and new customers
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NewsWyke Farms bounces back with major profits boost
The Somerset-based supplier saw operating profits jump 44% in the year to 31 March 2019
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NewsPotts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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NewsCity snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.
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NewsAldi Christmas sales up 8% as it breaks £1bn barrier
Sales were boosted by particularly strong growth in beers, wines & spirits
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NewsCity snapshot: Aldi sales surge 7.9% over Christmas
Aldi has announced its total sales jumped 7.9% in the four weeks to 24 December to break £1bn for the first time.
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NewsFestive online sales surge at Next to beat expectations
Retail bellwether Next has posted solid growth in the festive period, though in-store sales continued to fall as customers shifted to online.
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NewsSpar wholesaler James Hall reports turnover boost of 7%
Profits, however, have fallen 8% in the same period
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NewsOriginal Factory Shop reports fmcg sales rise after adding 300 lines
The variety discounter began expanding its fmcg range around 12 months ago
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NewsDhamecha Group reports £40m increase in sales
Operating profits at the cash & carry operator rose 8.3% to £13m for the year
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NewsCooplands profits hit by bakery ingredient price rises
Cooplands operates from 160 shops across Yorkshire, Lincolnshire and the north east
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NewsUnilever cuts sales growth expectations
Unilever has announced that its underlying sales growth for 2019 will be below current expectations due to “challenges” in some of its regions.