latest – Page 173
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NewsMorrisons teeters on the verge of FTSE 100 demotion
Morrisons (MRW) is facing a further share price slump if it is demoted from the FTSE 100 index after hitting a new 12-month share price low yesterday.
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NewsCranswick plans £35m investment to support pork export boom
Demand is particularly strong in the Far East, Cranswick says
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NewsAF Blakemore posts 18.5% increase in pre-tax profits
Investment pays off for AF Blakemore as profits and sales soar…
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NewsLike-for-like sales slump as McColl's turns toward convenience
Sales at McColl’s Retail Group in its final quarter rose 2.7%, driven by the acquisitions of new stores
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NewsR&R Ice Cream revenues up 17.3% for first nine months
Revenues at R&R Ice Cream were up 17.3% in the nine months to 30 September as last year’s acquisition of Peters boosted sales.
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NewsIndependent retailer Tout slips back into a loss
Tout expecting stong year after major investment in stores
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NewsPaypoint chief admits to commission charges mistakes
PayPoint chief executive Dominic Taylor has publicly admitted for the first time that the payment technologies company fell short in its communication of changes to its commission structure earlier this year.
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NewsFinsbury Food shares rise as new year starts strongly
Soaring sales in the first four months of the new financial year has pushed Finsbury Food shares close to record highs.
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NewsFirst Milk announces return to profit
The struggling dairy co-op recorded operating profit of £1.1m for the six months to 30 September
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NewsGreencore to extend food to go facilities amid booming sales
Greencore has announced the opening of a further £12m investment in its Northampton food to go base to open a new facility to cope with stronger than expected volumes.
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NewsBakkavor Q3 UK sales rise as it drives volumes
Bakkavor has increased UK like-for-like sales in the face of challenging retail conditions as it passed on lower prices to its grocery customers.
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NewsB&M hands audit contract to KPMG
B&M has ended its 18-year relationship with Grant Thornton as chooses a new auditor.
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NewsSupermarket price war squeezes SME supplier profit margins
The gap between profit margins of Britain’s smallest food producers is widening versus their bigger competitors thanks to the supermarket price war.
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NewsAsda Price Guarantee placed under review
CEO Andy Clarke confirmed a decision on the scheme would come early next year
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NewsBacon and sausage sales 10% down after WHO cancer link
The World Health Organization’s report linking processed meat to cancer has wiped an estimated £3m off sales
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NewsResurgent Seabrook Crisps sees profits soar 60%
Profits have climbed more than 60% at Seabrook Crisps in the year leading up the £35m buyout by LDC
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NewsAs big four sales head south promos still going north
What’s the answer to plummeting sales? More promotions of course
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NewsPoundland stock hits all-time low
Poundland shares plunged 20% in early morning trading to a record low
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NewsAsda sales fall in Q3 as conditions remain “tough” for Andy Clarke
Like-for-like sales at Asda have fallen by -4.5% in the third quarter as the supermarket price war, food price deflation and the continued growth of the discounters all took their toll.
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NewsIglo sales hit on difficult trading in three biggest markets
Sales at Birds Eye owner Iglo have fallen 8.4% to €315.5m in the third quarter as it exited markets in Romania, Slovakia and Turkey and was hit by currency exchange rates.