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News
City news 14 July 2012: Thorntons reports increase in like-for-likes
Thorntons gave investors a rare cause for cheer this week by reporting its first increase in like-for-like retail sales for 10 quarters.
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NewsKingsmill squeezed but Jubilee baking boosts ABF
Associated British Foods has warned of continued pressure on margins at its grocery business, where sales were flat in the past three months.
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NewsPoundworld hails 88% rise in grocery sales
Poundworld has boosted its grocery sales a whopping 88% over the past year by ramping up the size of its food and drink offer…
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NewsDiageo's Walsh signed up as UK ambassador
Diageo CEO Paul Walsh is to be appointed the first UK business ambassador from the food and drink manufacturing industry.
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NewsWhole Foods Market still losing millions in UK
The UK arm of Whole Foods Market has reported a loss of £4.4m, five years after it opened its first full-scale store.
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NewsSert-MST bounces back from move with 19% increase in sales
Household and toiletries wholesaler Sert-MST has recorded a 19% jump in sales after completing its first year at a larger site.
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NewsLandmark reveals a big rise in turnover
The collective turnover of members of buying group Landmark Wholesale has risen by 18% to £2.5bn in the past year.
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NewsFoster's Gold succeeds in attracting younger, more affluent drinkers
Foster’s Gold has buoyed the original lager brand, as well as the overall beer segment…
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NewsToken profit for Ocado as Steiner cites Jubilee ‘disruption’
Shares in Ocado slid this morning after the online retailer eked out another modest profit for the past six months.
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NewsMajestic booze cruise profits soar
Supermarkets will be ruing the day they caught a one-way ferry to Dover after Majestic Wine revealed an increase in profits…
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NewsBooker Makro deal avoids pension hole
Booker’s cash-free debt-free deal to buy Makro means it won’t take on its £118m pension fund, documents have revealed.
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NewsCadbury controversy 'in the past' says Kraft UK chief
On the anniversary of its move into Uxbridge House and its operational merger with Cadbury…
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NewsUK products boost sales at DCS Europe
Health and beauty distributor DCS Europe is hoping to boost sales by more than 55% to £200m by 2015.
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NewsSales of New Zealand wines soar
Sales of New Zealand wines are booming as deep discounts win over cost-conscious drinkers.
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NewsWalker revels in another record year for Iceland
Iceland has revealed record pre-tax profits of £184.3m – up 18.5% on 2011. Sales were up 9.4% to £2.614bn.
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NewsCity news 16 June 2012
The headlines were about Sainsbury’s beating Tesco this week, but investors took a different view, punishing Sainsbury’s instead.
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NewsHyperama buoyed by foodservice business
Sales at Hyperama have risen by £5m thanks to the cash & carry wholesaler’s growing foodservice business.
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NewsNECS takes on Tesco Express with Newcastle store
The Grocer’s newly-crowned Independent Retail Chain of the Year North East Convenience Stores was celebrating a double victory…
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NewsSales slide again as WH Smith focuses on margins
Like-for-like sales slumped at WH Smith in the past quarter, as the high street giant continued to wrestle with changes to its business.