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Monday 25 July 2016 loc: US

Finance

The Co-op sells 298 stores for £117m

The Co-op Group is to offload nearly 300 of its smaller food stores as it looks to strengthen its estate of larger convenience stores.

Thursday, July 14th, 2016 No Comments »

Sogevinus focuses on still wine expansion

Port producer Sogevinus is set to double production of its still wines and consolidate the wine range as it rethinks its strategy.

Wednesday, July 13th, 2016 No Comments »

Waitrose cuts payment terms for small suppliers

Waitrose is cutting the time it takes to pay small suppliers by rolling out seven day payment terms to smaller producers.

Wednesday, July 13th, 2016 No Comments »

Australian Vintage issues profit warning following Brexit vote

Australian Vintage has issued a profit warning in the wake of the Brexit vote ten days ago.

Tuesday, July 5th, 2016 No Comments »

Majestic rewards staff with new share scheme

Majestic Wine is set to reward employees across the entire company by giving them all a stake in the business.

Friday, June 10th, 2016 No Comments »

Henkell buys remaining stake of Copestick Murray

German sparkling wine producer Henkell & Co. has bought the remaining 40% stake of UK distributor Copestick Murray.

Tuesday, May 24th, 2016 No Comments »

Conviviality toasts 137% sales increase

Conviviality Retail has seen group sales increase 137% in the last 12 months, following a ‘transformational’ year, it revealed this morning.

Friday, May 20th, 2016 No Comments »

Accolade Wines owner mulls IPO

The owner of the UK’s largest drinks company, Accolade Wines, is looking at listing the company on the London stock exchange as it gets ready to offload its 80% stake in the business, an Australian newspaper claims.

Thursday, May 12th, 2016 No Comments »

Campari posts strong results in Q1

Gruppo Campari has announced “very positive results” in the first quarter of the year with €327.4 million in sales.

Monday, May 9th, 2016 No Comments »

Morrisons results see slight improvement

UK retailer Morrisons appears to have turned a corner, but acknowledges it will be a long journey to completely turn around the business.

Thursday, March 10th, 2016 No Comments »

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