latest – Page 227
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NewsIceland’s 2012 profits take a hit following management buyout
Iceland Foods has revealed a 35.9% fall in pre-tax profits in the first set of results since founder Malcolm Walker regained control of the business.
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NewsTesco’s Clarke calls for ‘level playing field’ with online rivals
Tesco CEO Philip Clarke today called for a “level playing field” on tax between web companies like Amazon and traditional retailers, after revealing a major retreat from non-food forced by the exodus of customers to online.
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NewsVideo: Tesco's Philip Clarke on new stores, online plans and global aims
Tesco CEO Philip Clarke talks about the company’s annual report for 2012-13, including its exit from the US, the writedown on its property portfolio, its investments in the UK and abroad, and its approach to online.
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NewsTesco sales fall 1% as horsemeat effect hits frozen food
Tesco’s pre-Christmas recovery has been stopped in its tracks by the impact of the horsemeat scandal on frozen food sales…
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NewsScottish Salmon Company sales leap 47%
The Scottish Salmon Company has posted a 47.2% increase in first quarter rsales after seeing a significant rise in harvested volumes and stronger prices.
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NewsBooker notches up 13% profit increase
Booker has reported a 13% increase in full-year pre-tax profits.
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NewsBritvic reveals plans to cut costs by £30m as profits soar 51%
Britvic has revealed plans to slash costs by £30m a year as it reported a big increase in first-half profits.
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NewsSainsbury's Red Label tea sales fall despite new suppliers
A change of supplier has failed to stop sales of Sainsbury’s 110-year-old Red Label tea brand from falling…
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NewsAsda sales up 1.3% in first quarter
Asda today reported strong first quarter like-for-like sales growth of 1.3%, with an unchanged market share of 17.9%.
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NewsSolid Glanbia performance keeps it on track for 2013 earnings
Dairy giant Glanbia is on track to meet its 2013 growth targets in earnings, it said in an interim management statement today.
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NewsMagners sales fall as C&C battles a tough cider market
Overall sales of Magners have fallen for the first time in a decade, cider manufacturer C&C Group has said, as a result of poor weather and intensified competition.
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NewsMorrisons claims ‘solid start’ to the year despite sales fall
Morrisons sales fell in the first quarter of the year, as talks with Ocado about an online operation dragged on.
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NewsSchwarzkopf owner Henkel sees better-than-expected growth
Schwarzkopf and Sellotape brand owner Henkel has reported better than expected first quarter profits.
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NewsSainsbury’s sales grow as it takes full control of Bank
Sainsbury’s has posted full-year like-for-like sales growth of 1.8% and its highest market share for a decade.
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NewsGreggs profit warning as Imperial Tobacco suffers decline
Declining sales forced Greggs to issue a profit warning that wiped £62m off the value of the high street baker…
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NewsGreggs issues first-quarter profit warning
High-street baker Greggs has issued a first-quarter profit warning, citing “adverse weather” in January and February and declining footfall across its traditional high-street estate.
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NewsMidcounties Co-op breaks £1bn sales barrier
Turnover at Midcounties Co-operative, the UK’s second-biggest co-op behind The Co-operative Group, has hit £1bn…
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NewsThorntons is top of the bill in week of recoveries
In a good week for recovery stories, Thorntons topped the bill…
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NewsCut-price rivals (and rain) hit soft drinks at independents
Independent retailers have borne the brunt of a flattening soft drinks market – with sales plummeting by double digits ove…
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NewsMusgrave Group posts rise in sales and profits
Budgens and Londis brand owner Musgrave Group has posted a 3% increase in full-year profits to €72m, on sales up 11% to €4.9bn.