All news articles – Page 2116
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NewsCity snapshot: Poundland confirms £50m share placing to fund 99p Stores acquisition
Poundland has confirmed its intention to raise £50m through a share placing to help fund the £55p takeover of rival 99p Stores
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NewsMedia Bites 24 Sep: Convenience stores, Tesco, Diageo
Owners of convenience stores across the country are mothballing large capital expenditure projects as they fear the financial impact of the national living wage proposals, according to The Times.
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NewsReal Good Food's shares drop on early year revenue fall
Real Good Food’s share price dropped by 3.8% to its lowest level since mid July after updating the market on its falling early year like-for-like sales this morning.
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NewsDiageo volumes improve but volatile currency markets bite
Shares in drinks giant Diageo have risen as CEO Ivan Menezes reassured the market of the group’s impending recovery. The boost to the stock came despite Menezes warning operating profits would take a £150m hit because of volatile currency markets.
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NewsYoung's to keep open two under-threat Scottish sites, saving 250 jobs
The processor had considered closing the sites after losing a Sainsbury’s salmon contract
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NewsWiley’s Finest Alaskan fish oil wins Tesco listing
The four-strong range is certified by the Marine Stewardship Council
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NewsElla’s Kitchen links with Save the Children for Christmas pouch
Ella’s Kitchen has brought back its Christmas meal pouch, this year in partnership with Save the Children. The Jingle Belly Christmas Dinner, available now from Asda, Boots and Sainsbury’s, is a blend of turkey, potatoes, broccoli, parsnips, carrots, cranberries and sprouts suitable for babies aged seven months-plus ...
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NewsHari Ghotra adds 12-strong curry spice kits range to offer
The 12-strong line-up includes classics such as korma, tikka masala and biryani alongside less well-known dishes
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NewsMilk brand A2 launches two long-life UHT cartons
The cartons will initially go on sale in Ocado.
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NewsDisposable income up £18 a week, says Asda Income Tracker
Asda CEO Andy Clarke said the strengthening economy was to thank for the boost
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NewsTesco to scrap ‘unjustified’ 24-hour opening at large stores
This is the latest move by CEO Dave Lewis as he seeks to shore up the supermarket giant’s finances
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NewsFSA food crime unit ‘might never gain investigation powers’
It comes as meat industry experts are warning the UK is at risk of a new Horsegate-style scandal
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NewsDairy Crest plays down potential delay of sale to Müller
CEO Mark Allen has told the City he is“hoping for positive news” soon
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NewsCity snapshot: Diageo set for £150m currency hangover
Diageo boss Ivan Menezes has warned this morning that £150m will be wiped off this year’s operating profits as a result of exchange rate movements.
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NewsMedia Bites 23 September: WH Smith, Kantar Worldpanel, AG Barr
Kantar Worldpanel’s most recent grocery market share figures, Irn-Bru maker AG Barr’s sales falling flat and WH Smith ended its ‘rip-off’ hospital shop prices all feature prominently in today’s papers.
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News2 Sisters announces £55m ready meals factory revamp
2 Sisters Food Group is to invest £55m to boost its growing ready meals division, including the complete reconstruction of its Pennine Foods factory in Sheffield.
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NewsGeneral Mills improves profits despite sales slip
Profits at General Mills leapt 23.6% to $426.6m in its first quarter despite overall revenues slipping slightly as the US food group improved pricing and focused on margin expansion efforts.
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NewsLocal labelling must be stepped up says Defra's Liz Truss
It comes after a YouGov survey found consumers see local food as a top priority
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NewsSweet sprouting cauliflower targets young shoppers
The variety hails from China and is grown in the UK by Produce World
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NewsGenetically modified crops banned by Northern Ireland
Move comes in the wake of a similar ban in Scotland