Conviviality has seen it profits before tax soar by more than £13.4m, an increase of 147% on the same period last year, to around £22.5 million.
Amazon's acquisition of organic food store company Whole Foods for $13.7 billion (£10.7 billion) is likely to take it head-to-head with the major retailers in the US and UK, market analysts have said.
Majestic is ‘past the tipping point’ both financially and operationally, CEO Rowan Gormley said today as the retailer reported double digit sales growth – but profits for the year still took a hit.
UK retailer Morrisons remains confident that it is turning around the business as it reports strong growth in the first quarter of the year.
