All Finance articles – Page 9
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Oatly warns of sluggish sales growth amid US slowdown
The company’s share price fell 5% following the announcement
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Refresco appoints Nestlé veteran as CEO
He joins the private equity-backed Refresco after a distinguished 28-year stint at Nestlé
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Waitrose launches ‘last minute’ travel money service in stores
The John Lewis Partnership has been ramping up its financial services offer to fund its ongoing turnaround plan
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Pure Pet Food’s sales double after hefty investment
The company secured a £15m investment in October to support further expansion after consecutive years of strong growth
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Five Guys lands £185m refinancing deal
It is understood the burger brand will now look to open a greater number of drive-thru sites
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Asda showing ‘green shoots of recovery’, says NIQ
Asda has been in the midst of a long-term sales drop that pulled the supermarket to a £600m loss last year
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Win-Win closes £3m Series A round to fuel cocoa-free chocolate growth
Win-Win will use the case to invest in its UK team and new product lines, as well as a push into Europe
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Media Bites 23 July: inflation hits shopping habits, Coca-Cola, giant Vermaat deal
Lidl has won record market share among UK shoppers, according to The Telegraph
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La Martiniquaise-Bardinet snaps up majority stake in Warner’s Distillery
La Martiniquaise is France’s second-largest spirits group, making drinks including Glen Moray and Cutty Sark
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Coca-Cola sees volumes fall amid price hikes
The business continued to see demand fall in North America, its biggest market, although demand elsewhere is helping to dampen the impact
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Princes buys Liverpool’s Royal Liver Building in £60m HQ investment
The deal forms part of a £83m real estate plan for the UK business
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Compass to buy Vermaat for £1.3bn as Q3 sales surge
Compass said the acquisition would provide it with a ‘unique opportunity for further sustainable growth in Europe'
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Lindt & Sprüngli raises outlook as premium chocolate sales hold up
The sales boost came despite the company pushing through some steep price hikes due to high cocoa prices
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Greencore shares jump 10% after lifting profit forecast
Food-to-go manufacturer Greencore has seen its shares surge 10% following an impressive quarterly performance
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Naked Wines appoints new chair to replace founder
Pailing joined the online wine retailer in March as a non-executive director, now replacing founder Rowan Gormley as chair
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Lidl hits record high market share as momentum continues
Lidl now holds 8.3% of the British grocery market, according to Worldpanel’s latest figures, up 0.5% over the past 12 weeks
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Modern Baker secures £2.5m investment for healthy UPF mission
The funding from the Series A round will support the next stage of the company’s six-year mission as it rolls out new products in biscuits, sweet bakery, breakfast cereals, ready meals and beverages
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Media Bites 22 July: climate impacts food prices, own label, Kraft Heinz
Food prices across the world are being impacted by a series of extreme weather events linked to climate change, warns the Financial Times
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Mid-strength spirits brand Quarter Proof closes £1.3m funding round
Funds will be used to accelerate expansion plans in the UK, US and other international markets
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Inflation surge hits spending power for two in five households
Two in five UK households experienced declining spending power last month as inflation reached its highest level in 18 months