more results news & analysis – Page 224
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Kavanagh Group sales bruised by shoppers seeking out deals
Budgens retailer Kavanagh Group UK saw sales drop as the recession forced consumers to spend less on groceries.
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Profits slump £1.1m as Riverford Organic absorbs rising costs
Profits at Riverford Organic Vegetables have nosedived after the veg box operator refused to pass on soaring supply costs to customers.
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CCE promotes Agates to drive energy drink sales
Coca-Cola Enterprises has appointed Stuart Agates to the role of head of energy, tasked with maintaining the soaring sales growth of Relentless.
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Emerging markets boost Coca-Cola profits
Coca-Cola saw fourth-quarter profits rise by 55%, as growth in emerging markets such as China and India contributed to a 5% hike in overall volumes.
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DCS Europe’s profits hit £1.7m as it ‘wins in all business areas’
Wholesaler DCS Europe's pre-tax profits have topped £1m for the first time, according to figures shown to The Grocer.Its turnover rose 16% to £118m while pre-tax profits were up 69% to £1.7m in the year to December 2009."We...
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Duty 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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Are the fmcg giants making the grade?
Fmcg manufacturing shares outperformed the stock market last year. But the picture was mixed…
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Retailers 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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C-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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Colony 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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Nestlé 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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ABF 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...