latest – Page 206
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NewsGreggs boss Whiteside: Store revamps will hold back profits
Greggs’ CEO Roger Whiteside does not expect the bakery chain to return to profit growth for at least two years as the business continues to focus on improving the quality of its offer.
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NewsCranswick sales rise but pig prices weigh on profits
Cranswick has reported strong sales of fresh pork and bacon during the first half of its financial year, but warned profitability is under pressure from record pig prices and higher-than-expected start-up costs for its new pastry facility.
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NewsUnilever profit warning sends share price tumbling
The first profit warning from Unilever in a decade sent shares in the company – and other fmcg giants – tumbling…
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NewsHeron Foods profits take a hit in 2012 as it absorbs Cooltrader
Heron Foods has reported a 40.5% drop in pre-tax profits to £4.8m for the financial year ending 29 December 2012.
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NewsTesco hits the accelerator on store revamps as sales drop
Tesco chief executive Philip Clarke has declared 2014 will be “the year of the hypermarket” as he revealed the retailer was planning a massive rollout of the pilots trialled in areas such as Watford.
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NewsSainsbury’s sales powered by own-label and convenience
Strong growth in own-label, convenience and online has helped Sainsbury’s record like-for-like sales growth of 1.4%, excluding fuel, for the first half of the year.
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NewsAldi's sales leap as a million more customers enter its stores
Aldi added more than £1bn to its sales and attracted a million more shoppers to its stores in 2012, according to the discounter’s latest full-year results.
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NewsNom Dairy UK accounts reveal tough life in the UK yoghurt market
Nom Dairy UK posted a £10m loss in 2012 as it struggled to compete in the tough UK yoghurt sector…
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NewsPoundstretcher owner Crown Crest posts 16% profit fall
Discount wholesaler Crown Crest, which owns Poundstretcher, has posted a double-digit fall in full-year pre-tax profits…
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NewsMars reverses two years of falling profits with 9% hike in 2012
Mars Chocolate has reported a sharp increase in profits – after two years of falling profitability…
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NewsP&H in the red following 'exceptional items' hit
Palmer & Harvey has slipped into the red after taking a £13.4m hit on exceptional items…
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NewsBritvic sales reshuffle 'could reduce headcount by a third'
Britvic is planning a major shake-up of its GB sales force that could result in hundreds of job losses…
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NewsScotmid Co-op suffers dip in sales and profits
Scotmid has posted a small drop in half-year sales and profits in what it described as a “challenging retail trading environment”.
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NewsDairy Crest ‘steady’ in first half as cheese outperforms spreads
Dairy Crest has delivered a steady performance during the six months to 30 September, and its full-year profit expectations are unchanged, the company has said in a trading update.
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NewsProfits fall at Budgens retailer Kavanagh Retailing UK
Kavanagh Retailing UK, which runs five Budgens stores, has reported a 53% fall in 2012 profits…
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NewsWaitrose enjoys growth in north and south as sales climb 6.9%
Waitrose has defied the flat grocery market to report a 6.9% increase in half-year like-for-like sales.
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NewsMorrisons to review property portfolio as profits fall
Morrisons has launched a review of its £9bn property portfolio as it considers ways of unlocking more capital.
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NewsOcado sales jump 16.4% as basket size grows
Ocado has reported a 16.4% increase in third-quarter sales year-on-year to £189.2m.
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NewsHilton Food Group's profits inch upwards
Tesco meat packer Hilton Food Group has posted a 0.7% increase in volumes, driven by the introduction of new lines in Holland.
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NewsFmcg sales slow across Europe in second quarter
Fmcg sales growth across Europe slowed in the second quarter of 2013, but a real-term drop in sales volumes is being masked by overall price inflation.