latest – Page 222
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NewsDuty fraud results in 40% booze sales loss
Angry wholesalers are demanding the government takes drastic action to combat duty fraud and have released figures to show the "devastating" impact the worsening problem is having on their businesses.
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NewsAre the fmcg giants making the grade?
Fmcg manufacturing shares outperformed the stock market last year. But the picture was mixed…
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NewsRetailers up prices under cover of VAT
Supermarkets have used the increase in VAT to pass on thousands of price hikes over and above the cost of VAT…
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NewsC-store move returns G101 chain to profit
Independent Scottish off-licence chain G101 Off Sales has returned to profit, according to accounts filed at Companies House.
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Vimto range grows with Cherry variant
Vimto aims to build on already strong sales with a new Cherry flavour the first permanent new line in its 101-year history…
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Alpro refreshes its look to appeal to the mainstream
Alpro has been given a multimillion-pound facelift in a bid to return it to double-digit growth…
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Focus On Jams, Preserves & Honey: It’s orange, but it’s not marmalade
Marmalade sales have been declining for some time and have continued to do so over the past year with volume sales down 2.8%…
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Pre-pack keeps Natural Kitchen stores trading
An upmarket slow food store set up by two former Asda bosses has entered a pre-pack administration deal…
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NewsColony Collapse Disorder and thrifty shoppers hit honey sales
Honey sales are down 5.4%, by volume after six consecutive years of growth [TNS 52w/e 4 October 2009]. Own-label honey led the decline, with sales down 7.4% in volume [IRI 52w/e 31 October 2009].
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NewsNestlé completes Alcon eyecare sale to Novartis
Nestlé has concluded the $28bn sale of its majority stake in eyecare business Alcon to Novartis.
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Dairy Crest and Wiseman post strong profit growth
Two of Britain's largest dairy companies have reported sharp uplifts in profits, raising hopes the outlook for the dairy market is starting to improve.In the past week, processors Dairy Crest and Robert Wiseman have both announced...
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NewsABF hails Kingsmill's Little Big Loaf for profits boost
Kingsmill maker Associated British Food’s pre-tax profits rose 4% to £655m for the year to 12 September.
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Former Greencore director to head up sales team at Lyons
Former Greencore commercial director Jonathan Hodgson is to lead the sales team at seafood supplier Lyons Seafood.Hodgson brought 22 years of experience in the food and drink industry to the role and was perfectly placed to drive Lyons'...
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Organic lines cut by a third as sales fall
Plummeting organic sales have led Tesco and Asda to slash the number of organic lines stocked by at least 30%, exclusive data reveals.Tesco, which just two weeks ago pledged to support the category's recovery, has cut the number of...
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Efficiencies drive up profits at JW Filshill
Scottish wholesaler JW Filshill has increased its pre-tax profits by 7% to £2m, despite a sales growth of just 1% to £163m.The increased profitability in the year to January 2009 was brought about by driving unnecessary cost out of the...
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TJ Morris set to hit £1bn barrier target early as profits leap 28%
TJ Morris is expecting to break through the £1bn sales mark two years earlier than expected after reporting a massive hike in full-year sales and profits.The north of England-based discounter, which trades as Home Bargains, had aimed to...
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Profits twice as nice for BA Cash & Carry
Full-year pre-tax profits have more than doubled at Welsh wholesaler BA Cash & Carry.Profits jumped 101% to £282,262 in the year to 28 February, the Landmark Wholesale member revealed in accounts filed at Companies House. Sales rose...
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Half of dairy farmers say their profits have fallen
More than eight out of 10 dairy farmers say profits have fallen or remained static over the past year.Some 53% of farmers reported a decline in profits, with 31% saying profits had remained unchanged in the study by the Royal...
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P&H increases tobacco sales by 5.7% to £3.2bn
Palmer & Harvey's sales increased 5% to £4.23bn in the year to April, with tobacco sales up 5.7% to £3.2bn.However the wholesaler said it made just £500,000 pre-tax profits in the same period, leaving it with a margin of 0.01%.
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JJ’s profits £3m higher than forecast
JJ Food Service has made a profit nearly £3m higher than predicted. Pre-tax profits at the London-based food specialist fell 3% to £8.3m for the year to March, but this was £3m more than expected following a period of major investment in the...