Asda: Will 2026 be the year supermarket giant bounces back? Retail This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes. After a rollercoaster 2024 in which it struggled with debt, strikes and falling sales, the Leeds-headquartered supermarket giant was hoping the new year would begin to reveal green shoots of recovery. Under [...]
Kellogg’s UK returns to profit despite £200m sales slump Retail The combined UK operations of Kellogg’s returned to profit despite sales slumping by more than £200m during its latest financial year, it has been revealed. Kellogg’s runs two separate companies in the UK from its headquarters in Salford: Kellogg Marketing and Sales Company (UK) and Kellogg Company of Great Britain. For 2024, Kellogg Marketing and [...]
Greencore: Strawberry sandwich maker’s shares rise amid M&S cyber fallout Retail Shares in Greencore, one of the UK’s major convenience food manufacturers, have risen six per cent following Wednesday’s trading update which highlighted another strong quarter and a robust full-year performance. The FTSE 250-listed group, which supplies sandwiches, rolls and wraps – and notably, the viral Japanese sando-inspired strawberry and cream sandwich – to Marks & [...]