London restaurant chain M Restaurant has raised over half of its crowdfunding campaign target in under four hours, bringing the total up to £900,000.
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M Restaurant group is looking to add a third site called M SOCIAL as well as expand the use of the some of the current space at the M Threadneedle site and plans to finance the expansion by raising £1.5m on the Seedrs crowd-funding platform.
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Sainsbury's second quarter results show that the ongoing price wars are taking a toll on the retailer as like - for - like sales dipped a further 1.1%.
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William Grant & Sons premium spirit business reported an 8.9% increase in profits after tax hitting record high of £147.4m.
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The Co-operative Group saw profits drop to £17m in for the first half of the financial year, but revenue rose by 2.2% to £4.7bn compared to the same time period last year.
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Morrisons Supermarkets Plc first half of the year results are showing signs of recovery under the new leadership team and beat analysts expectations.
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Pernod Ricard is looking to save €400m as part of its 'operational excellence roadmap' intiative that is being rolled out between fiscal year 2016 through 2020, which includes SKU reductions of up to 30% in some regions.
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Brown Forman first quarter sales slide 5% to US$ 661m due to on going currency headwinds and challenges in emerging regions, but underlying net sales increased 2%.
Read more...Paul Schaafsma is set to step down as the chief executive officer of Accolade Wines in the coming months, but may stay on through the company's initial public offering which is set for next year, according to sources.
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Conviviality PLC have today advised suppliers of fundamental changes to the group's wine buying structure.
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Accolade Wines' majority owner, private equity firm CHAMP, has formally appointed Reunion Capital Partners as an adviser for the company's initial public offering (IPO), which is expected to be listed in the first half of 2017.
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Yesterday Morrisons announced it struck a new deal with online delivery service Ocado, expanding its current services nationwide.
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Fever-Tree continues to grow on the back of the current gin boom that has been sweeping the UK with revenue up 69% according to interim H1 results out today.
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Consumer inflation rose 0.5% for the 12 months to June 2016, which although only slightly may be a signal of a future trend.
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Famed cognac conglomerate Rémy Cointreau's first quarter reported sales slid -2.1% to €218.6 million for the three months ending on 30 June 2016.
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In today's digital age with so much business and information changing hands electronically, the digital trail that is left behind is hard to erase. Similarly, authenticity and transparency with customers and consumers is becoming increasingly important.
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Beleaguered high street retailer Marks & Spencer has posted a 4.3% drop in total sales in the 13 weeks to July 2.
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The chairman of Majestic wine has announced that the group will not be paying a shareholder dividend this financial year in order to balance the books following the acquisition of Naked Wines.
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Convenience retailing is on the rise, with consumers looking to buy 'top-up' or 'meal for tonight' rapidly replacing the weekly shop.
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With the convenience channel experiencing heady growth, retailers must tailor their offer to consumers' habits.
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