All news articles – Page 1620
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NewsCity snapshot: Sales and profits heating up at British American Tobacco
Revenues and profits have soared at British American Tobacco as the cigarette giant completed its £41.8bn takeover of rival Reynolds and continued to take advantage of the growth of next generation products. Plus, profits slump at private label group McBride as inflationary pressure in its personal care & aerosols business saw the division slump to a trading loss.
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NewsMinette Batters elected first female president of the NFU
Wiltshire-based beef, sheep and arable farmer Batters replaces Meurig Raymon at the head of the union…
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NewsInnis & Gunn and Tullamore DEW link for limited-edition stout
The brew, called Kindred Spirits, rolls out this week with an abv of 6.1% (rsp: £3.50/330ml)
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NewsPureCircle to ramp up stevia leaf production as NPD gathers pace
The Chicago business intends to this year plant 16,000 tonnes, a 200% increase YOY
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NewsFSA, FSS and meat bodies vow to step up meat standards scrutiny
The regulators met with 10 industry bodies at a summit in London to discuss recent non-compliance issues
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NewsIceland and Quorn taunt KFC over chicken supply problems
Rivals mock KFC on social media as hundreds of restaurants remain shut following the switch from Bidvest Logistics to DHL and QS
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NewsEuro Garages adds 97 Dutch Esso sites as part of expansion
The forecourt operator has agreed to acquire all the shares of independent fuel and convenience group NRG Value Retail
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NewsWaitrose the second major retailer to cut back its property team
A restructure will see the merger of the previously separate property functions of Waitrose and its parent company John Lewis
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NewsFuller's outlines craft beer expansion and ESB overhaul
It comes as traditional-style bottled ales face a significant challenge from trendier, posher brands in the supermarkets
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NewsMeadow Foods kicks off acquisition drive with takeover of ghee maker Roil Foods
It is the first deal at Meadow since US private equity firm Paine Schwartz Partners took a stake in the processor in late 2016 to help fund organic growth and strategic acquisitions.
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NewsOld El Paso launches ‘scoop-like’ Crunchy Tortilla Strips
They will roll out in the UK at the end of this month into Tesco in two variants: Original and Cheese (rsp: £1.65/185g).
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NewsCity snapshot: Hotel Chocolat reports 15% first half sales and profits jump
Sales and pre-tax profits both surged by 15% in the first half at Hotel Chocolat as new store openings and digital growth helped the retailer offset rising costs. Plus, Arla Foods in has reported an 8.1% rise in group revenues to €10.3bn but profits fall amid rising costs, Glanbia full-year sales rise 7% and all the rest of the latest news from the City.
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NewsMedia Bites 21 Feb: Tesco/Booker, Walmart/Asda, KFC
Investors in Booker Group have been told by a second shareholder advisory group to vote against a planned £3.7bn takeover by Tesco, writes The Times (£)
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NewsB Corps businesses 'grow 28 times faster than UK GDP'
Average year-on-year growth across the 150 UK businesses signed up to B Corps was 14% in the past year
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NewsBerry Bros & Rudd brings back its own-label London Dry Gin
The gin, which was sold by the retailer from 1909 until 2014, rolls out again this week through Fields Morris & Verdin…
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NewsPinkster mounts sustainability push with bag-in-box gin
Pinkster On Tap launched this week with an rsp of £135 for three litres
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NewsKFC expects disruption to continue for remainder of week
Some outlets will remain closed and others will be operating with a reduced menu on shortened hours
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NewsGove pledges to put farmers back at heart of policy making
Gove tells NFU conference he is committed to avoiding a Brexit “race to the bottom” in standards or deregulation
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NewsCraft brewer Dark Star plans push with takeover by Fuller's
Fuller’s has taken a 100% stake in the Partridge Green business, whose brands include Hophead, APA and Revelation…
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NewsAsda reports fourth consecutive sales increase after a strong Christmas
Like-for-like sales rose just 0.5 per cent in the last three months of 2017, as the supermarket fights off competition from the discounters