Here are the business stories making the headlines across Scotland and the UK this morning.
Stewart Milne Group administrators secure £6.1m Portlethen sale – but seek more time to wind down business
Administrators of Westhill housebuilder Stewart Milne Group (SMG) have sold a Portlethen development site for £6.1million – more than two years after the business collapsed.
The Leathan Fields site, which has planning permission for 175 homes, was sold by Stewart Milne administrators Teneo Financial Advisory following months of negotiations.
However, despite the value of the deal, only £475,000 of the upfront proceeds were recovered by SMG which owned the site.
Read the full story in The Press and Journal.
Danone €1bn takeover of Huel approved by watchdog
Danone's takeover of the British meal supplement maker Huel has been cleared by the competition watchdog.
The Competition and Markets Authority (CMA) has given the €1bn (£864m) deal the green light following a review.
Huel, based in Hertfordshire, was founded by Julian Hearn in 2015 to provide nutritionally complete food products, aimed at reducing meal times and providing essential nutrients.
Read the BBC story here.
Bernard Matthews confirms closure of city factory
A British food giant is set to close its factory in Derby amid "significant financial losses".
Bernard Matthews Foods has confirmed it will be shutting its processing facility on Shaftesbury Street South by the end of 2026.
A spokesperson for the company said the decision had been made at the conclusion of consultations with "employee and union representatives".
Find out more from the BBC.
Plans to flatten mothballed school for new Hazlehead homes approved
Plans to raze a former special needs school in Hazlehead to build 24 homes have been given the go-ahead, with developer contributions going towards building bigger classrooms at an under-construction secondary.
Kirkwood Homes is behind the proposals to demolish Hazlewood School to make way for the housing.
The special needs school on Fernilea Road closed in 2017 as part of a school merger.
Read the P&J story here.
Lidl given green light for new supermarket and cafe in Bridge of Don despite traffic concerns
Plans for a £10million project that will bring Lidl and a new cafe to Bridge of Don have been approved, despite concerns over traffic.
The German supermarket chain unveiled hopes of moving from its long-standing King Street shop last October.
The eyesore Baker Hughes site, demolished in 2023, will be transformed into a Lidl, a cafe and an EV charging hub with 16 charging spaces.
Get the full story in The Press and Journal.
Walmart sales under strain as US shoppers pull back
Sales at the US retail giant Walmart grew at their slowest pace for more than six years in the most recent quarter, suggesting American shoppers are under strain.
Walmart, which due to its size is well-placed to gauge consumers' mood, blamed the rising price of fuel.
Sales at comparable sites across the chain were up by 2.6%, excluding fuel, between May and July the company said.
Read the full BBC article.