Four months after joining Premier Foods, its chief operating officer Geoff Eaton has left the firm, on the same day (February 4) its new ceo Gavin Darby, joined the debt-laden food manufacturer. Geoff Eaton has left Premier Foods after ...
Greencore’s latest trading results follow a successful previous year for the group against a tough trading environment. They have been welcomed as a “sound start” to the new financial year by analysts who predict ...
Tags: Greencore, chilled foods, chilled desserts
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
Online grocer Ocado’s appointment of former Marks & Spencer (M&S) boss Sir Stuart Rose has been welcomed by City analyst Shore Capital, while acknowledging the challenges he faces. Knight shift: Sir Stuart Rose faces tough online ...
Tags: Ocado's, Stuart Rose, M&S
Premier Foods' "short and sweet" trading statement issued yesterday (January 17) reveals the progress senior management is making in reviving the fortunes of the debt-laden food manufacturer, according to City analysts. Premier Foods ceo ...
Britain’s biggest retailer Tesco enjoyed a happier Christmas than Marks and Spencer, with sales up by nearly 2%, compared with sales down by the same amount at M&S. Online food sales were up by 18% on the same period last year. ...
Tags: Britain, retailer, Tesco, Marks and Spencer
Food price inflation is expected to stabilise over the next few months – despite recent reports of big food price increases from Waitrose – according to market research organisation BRC-Nielsen. Sainsbury reported total ...
Tags: food, price inflation, food price, Waitrose
The UK’s fourth biggest supermarket Morrisons has “lost touch with its core customers”, claimed one leading city analyst, after the retailer reported total sales down by 0.5% over the six weeks to December 30 2012. ...
Tags: UK, supermarket, Morrisons, core customers
The established markets of UK meat processor Hilton Food Group are under pressure, according to analysts, despite first-half results coming in above some expectations. The company this morning (11 September) reported flat half-year ...
Tags: Hilton, meat processor, Food Group, Food
Retail giant Tesco announced today(December 5)a review of its US enterprise Fresh&Easy and the departure of the business'boss,Tim Mason,after years of disappointing financial results. "It is now clear that Fresh&Easy will not deliver ...
Tags: Tesco, financial results, Fresh&Easy
Dairy Crest has reported a"continuing difficult trading environment",particularly for its Dairies Division,for the first half of the financial year(H1).This has led analysts to call for an improvement in its performance in the second half ...
Tags: Dairy Crest, Dairies business, Dr Clive Black, Darren Shirley
Britain's food industry was rocked by two announcements over the past month.Premier Foods broke the news that it was to close bakeries in Birmingham and Greenford,west London and restructure its distribution operations with the loss of 900 ...
Tags: Britain's food industry, Premier Foods, Vion, meat processing
Stabilising Tesco's UK market share and achieving stable UK trading margins should be key goals for the retail giant,according to City analyst Shore Capital. Tesco's priority should be stabilising its UK market:Shore Capital Its ...
Tags: Tesco, UK market share, UK trading margins, stable
Efficiency improvements and successful price negotiations are helping meat firm Cranswick offset the impact of rising feed costs,according to City analysts commenting on its interim results for the six months to September 30. Reported ...
Tags: Cranswick, feed costs, input costs
Morrisons appears to be upping its game after its"very disappointing"third quarter,according to Shore Capital analysts Clive Black and Darren Shirley. Black and Shirley's comments followed the latest Nielsen report on supermarkets'market ...