latest – Page 42
-
NewsInnocent pushed to £9.5m loss by Brexit-linked factory move
Smoothie maker Innocent Drinks has fallen into the red after splurging on a new purpose-built factory in the EU post-Brexit.
-
NewsFarmison marks Horsegate anniversary with new traceability scheme
The upmarket online butcher started rolling out front-of-pack QR codes across its whole cut range this month
-
NewsCity snapshot: C&C Group warns strikes and cost of living will hit full year profits
Beer and cider producer and distributer C&C Group has warned rail strikes and cost of living pressures will hit its full year performance, despite strong trading in December
-
NewsAcquisitions boost Kettle Foods to £100m in sales for first time
Snack maker Kettle Foods has pushed sales above the £100m mark for the first time thanks to bolt-on acquisitions and increased own-label demand.
-
NewsPrinces owner in search of buyer as sales fall sharply
The owner of tinned food giant Princes has kicked off a search for a buyer, as newly filed accounts revealed it suffered a sharp drop in sales and profits as surging Covid demand eased
-
NewsGraham’s The Family Dairy profits hit in ‘fierce’ cost climate
The Scottish supplier said the past 15 months had been its most challenging ‘by some distance’
-
NewsCity snapshot: Tesco Christmas sales jump despite cost of living crisis
Tesco has overcome ‘tough times’ for consumers to post strong broad-based growth in the run-up to Christmas. Plus, food and clothing grow at M&S, Hilton Food Group enjoys strong Christmas and all the rest of the latest news from the City
-
NewsCity snapshot: Record Christmas for Sainsbury’s as inflation lifts sales
Sainsbury’s has upped its profits expectations for the year after reporting a record Christmas. Plus, Nichols reports full-year trading update and reveals new chairman appointment.
-
NewsCity snapshot: Grocers boosted by highest ever sales week in the run up to Christmas
UK supermarkets saw a double digit jump in sales, as strong inflation and a recovery in sales volumes lead to the industry’s biggest ever week in the run up to Christmas
-
NewsCity News: B&M, Greggs and Next provide investors with some Christmas cheer
Bargain hunters looking to stretch budgets helped B&M and Greggs, while Next raised profit forecasts following better-than-expected festive trading.
-
NewsCity snapshot: Lidl attracts 1.3 million new customers over Christmas
Lidl has this morning reported that it attracted more than an additional 1.3 million customers in the run up to Christmas as sales increased 24.5%.
-
NewsWilliam Jackson Food Group bounces back with 35% sales jump
William Jackson Food Group grew sales by over 35% and cut losses last year, thanks to a resurgent foodservice market and its supply partnership with Co-op
-
NewsBumper Christmas sees mults win back market share from discounters
Soaring food price inflation drove a bumper increase in Christmas sales for supermarkets as they won back share from the discounters, Kantar has revealed
-
NewsIncreasing costs of production hit profits at Cathedral City owner Saputo Dairy UK
The supplier also saw a slump in demand for its lucrative dairy ingredients business
-
NewsBoots reports ‘very strong’ Christmas and positive Q1
Key categories including gifting, beauty and fragrance performed ‘extremely well’, alongside an uptick in cold and immunity lines
-
NewsDaylesford Organic sales are up… but it’s back in the red
Scaling back up after the pandemic caused losses
-
NewsCity snapshot: B&M hikes profit guidance on strong pre-Christmas trading
B&M Bargains owner B&M European Value Retail has raised its full year profits guidance after posting double-digit growth in the quarter leading to Christmas. Plus, Greggs sees ‘favourable’ Christmas trading and all the rest of the latest news from the City.
-
NewsCook EBITDA slumps £2m following Christmas 2021 cyber-attack
The attack ground manufacturing systems at its Sittingbourne site to a halt and prevented Cook from making and delivering food
-
NewsCity snapshot: Soaring prices deliver record Christmas supermarket sales
Spending in supermarkets has breached the £12bn barrier for the first time this Christmas thanks to soaring inflation, new Kantar figures have revealed. Plus, the BRC-NielsenIQ shop price index shows a new record for food inflation.
-
NewsUnited Wholesale Grocers pre-tax profits slump by 28% despite increased turnover
UWG said the decreased profits could be attributed to lower margin rates, due to a continuous review of its pricing and promotional strategies