latest – Page 182
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NewsOcado's interims prompt 7.5% hike in shares
Investors rallied behind Ocado following the online grocer’s interims on Tuesday, driving the shares up 7.5% to 468p
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NewsGreene King revenues buoyed by 'fantastic' off-trade growth
Greene King boss Rooney Anand has credited booming sales of bottled ale with helping the company hit £1bn in retail sales…
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NewsKantar figures, like Greece situation, herald dramatic structural change
Asda CEO Andy Clarke Sanguine stuff from Asda CEO Andy Clarke this morning, who took the hot seat as guest editor of The Grocer on a gloriously sunny day only for Kantar Worldpanel to cast a shadow over events. Asda sales were down 3.5% for the 12 ...
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NewsFamous Grouse owner grows through Eastern single malt success
The company was up 1.8% on the back of 10.5% growth for single malt The Macallan – the market leader in Russia, China, Japan, South Korea and Hong Kong
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NewsAnalysts upbeat on latest Ocado figures
Ocado’s results are proof it can continue to build its UK retail operation despite an “extremely difficult” trading environment, analysts at Numis said today
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NewsAhold-Delhaize merger prompts Morrisons-Sainsbury's gossip
The mega-merger of European supermarket giants Ahold and Delhaize will shake up the grocery sector in Europe and the US…
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News2 Sisters back in third quarter profit
2 Sisters owner Boparan recorded a third quarter profit after heavy losses last year after like-for-like sales edged up by 1.1%.
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NewsThorntons shares soar on Ferrero takeover offer
Shares in UK-listed chocolatier Thorntons have rocketed up 43% after news broke this morning that Italian chocolate manufacturer Ferrero has agreed to pay 145p a share to buy UK-listed chocolatier Thorntons, valuing the company at £112m.
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NewsFirst Milk admits £22m losses in past financial year
First Milk accumulated pre-tax losses of around £22m during its past financial year, the dairy co-op has confirmed.
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NewsAppetite for Charlie Bigham’s posh meals drive sales growth
Sales at Charlie Bigham’s have grown again despite a “fiercely competitive” grocery market and rising food costs as consumer appetite for its posh ready meals continues to get bigger.
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NewsPoundland shares sink despite £1bn breakthrough
Shares in Poundland sank more than 6% this morning despite sales at the discount retailer breaking the £1bn barrier for the first time.
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NewsGrowing Majestic’s online sales is not the priority, says Rowan Gormley
A number of commentators predicted that Majestic Wine’s takeover of Naked Wines would enable it to supercharge its online growth
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NewsMajestic Wine to slow store rollout plans
Majestic Wine has cut its store estate expansion plans after announcing a 22.5% drop in pre-tax profits.
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NewsBooker executives sell on shares worth £11.5m
The group of execs, not including CEO Charles Wilson, sold a collective total of 6.8 million shares for 170p each
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NewsIceland's Malcolm Walker: 'Price is not a weapon any more'
The frozen chain is shifting its strategy via a new Power of Frozen campaign that seeks to educate shoppers
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NewsSainsbury’s boss Mike Coupe sees better times ahead
Sainsbury’s CEO Mike Coupe has speculated that its 2.1% first quarter like-for-like sales decline could signal the “low point of the cycle” as deflation eases and volumes return.
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NewsIceland sales fall 4.4% in "exceptionally challenging" year
Profits at Iceland plunged by a quarter last year as like-for-like sales fell 4.4% in an “exceptionally challenging year”.
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NewsSainsbury's blames deflation for marked Q1 decline
After a 3.7% decline, Mike Coupe said volume and transactions continued to grow on the back of “improved value and further investments in quality”
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NewsPoundland shares fall to all-time low after house broker downgrade
Shares in Poundland have fallen today to their lowest price since the discount chain floated in March 2014 on the back of a downgrade from its house broker.