latest – Page 183
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Premier Foods calls time on 'power brands' strategy
Premier Foods’ switch to a more category-focussed approach has effectively spelt the end of its ‘power brands’ strategy.
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Profits slump at Interbev despite double-digit sales growth
Interbev saw its profits plunge nearly 70% last year in what owner Stephen Brogan said was “easily the toughest of our seven years in business”.
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Morrisons just stays in FTSE 100 following share price surge
A mid-week share price surge was triggered by signs its trading performance is finally improving
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Morrisons registers first sales growth since Christmas 2013
Morrisons was the only one of the big four retailers to see an increase in sales for the 12 weeks to 24 May 2015, according to the latest…
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Costcutter investment is now paying off says Willson-Rymer
Costcutter’s recruitment pipeline “has never been stronger” CEO Darcy Willson-Rymer insists
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B&M Bargains rollout proceeding 'full steam ahead'
A near-30% jump in revenues to £1.65bn in its maiden year as a listed company saw analysts lining up to praise B&M Bargains
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B&M aims for 60 new locations on back of huge profit rise
Maiden full-year results see pre-tax profit climb 55.5% from £86.7m to £135m and adjusted EBITDA up 33.6% from £130.4m to £174.2m
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Paypoint profits up, promises new services for retailers
Payment services operator shows 7.7% increase in full-year pre-tax profit from £46m to £49.6m on net revenue up 8.3% from £113.7, to £123m
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Sales down by 1.1% at AG Barr in new financial year
Irn-Bru maker AG Barr has revealed a 1.1% dip in sales for the first 15 weeks of its new financial year.
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Iglo's European sales up in Q1 but UK market remains tough
Newly acquired frozen foods business Iglo Group has reported a 2.3% slide in like-for-like sales in the first quarter.
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Frozen food retailer Farmfoods plans England store surge
London and the South of England is growing territory for the retailer, which currently has more than 300 shops nationwide
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Premier Foods' Gavin Darby hails return of volume growth
Premier Foods CEO Gavin Darby has hailed the return of volume growth at the supermarkets as a turning point…
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M&S profits rise as food ‘outperforms’ the market and capex tap is turned off
Marks & Spencer was one of the biggest risers on the FTSE 100 today after posting a 3.4% rise in pre-tax profits to £600m.
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Premier Foods benefits as supermarkets hit back at discounters
Premier Foods said it was starting to see the benefits of the brutal grocery price war as the supermarkets fight back against the growth of the German discounters.
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Refresco Gerber bottom line hit by costs of IPO
Refresco Gerber has fallen to a €11m loss in its first quarter thanks to costs related to its Dutch flotation in March.
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Bonds sees sweet sales growth thanks to new products
Bonds Confectionery has sweetened its balance sheet with a healthy increase in all key measures.
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Asda sales slump in ‘most challenging year yet’ for supermarkets
Asda has revealed a 3.9% fall in like-for-like sales during an “unprecedented” quarter in the grocery market.
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Graeme Pitkethly named CFO at Unilever
Graeme Pitkethly is to succeed Jean-Marc Huët as chief financial officer of Unilever later this year.
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Booming food to go sales boost Greencore's first half trading
Convenience food group Greencore shrugged off the tough grocery market conditions to report a 3.2% revenue rise in the six months to 27 March.
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Cranswick profits up 10% as annual revenues edge past £1bn
Underlying pre-tax profit at pork supplier Cranswick was up 10.6% for the year ended 31 March, boosted by growing exports and strong sales of sausages and bacon.