All articles by Alec Mattinson – Page 105
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NewsMedia Bites 3 Jan: Retail footfall, US vaping, Vegan food to go
Footfall across Britain’s shopping destinations fell over the crucial post-Christmas trading period even as retailers slashed prices to lure customers.
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NewsCity snapshot: UK high street suffers worst year for a quarter of a century
UK retailers shed more than 140,000 employers and shuttered over 16,000 shops as the industry suffered its worst conditions for 25 years, according to the Centre for Retail Research.
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NewsMedia Bites 2 Jan: Amazon/Deliveroo, Retail sales, Co-op
Amazon’s UK ambitions have been checked by the competition watchdog after it launched an in-depth investigation into the online retailer’s purchase of a stake in food delivery company Deliveroo.
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NewsCity snapshot: December sees sharp increase in consumer economic optimism
Expectations for the economic performance of the UK have increased sharply as consumer confidence begins to improve. Plus, both suitors of Just Eat have increased their offer for the online takeaway firm as the takeover saga moves towards a conclusion and all the rest of the latest news from the City.
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NewsMedia Bites 20 Dec: Just Eat, Retail sales, Stock Spirits
Takeaway.com within reach of Just Eat after both suitors fired their last shots in the increasingly acrimonious struggle.
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NewsRetail sales slump in the run-up to Christmas
UK retail sales fell back 0.6% in November, amid a continued slump in non-food sales.
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NewsCity snapshot: PayPoint CEO Patrick Headon steps down
PayPoint has announced that its chief executive Patrick Headon has stepped down from his role following an illness-related leave of absence.
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NewsMedia Bites 19 Dec: Inflation, Farmland IPO, Swine fever
UK inflation remained at a three-year low last month as a rise in grocery bills was offset by a slowdown in restaurant and hotel prices.
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NewsUK inflation remains at three-year low despite rising food and drink prices
Rising food and drink prices failed to shift the UK’s overall measure of inflationary growth from a three-year low of 1.5% in November.
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NewsJAB Holdings plans multibillion euro coffee IPO
Investment giant and global coffee player JAB Holdings has announced it is exploring a multibillion euro float of its Jacobs Douwe Egberts and Peet’s Coffee brands.
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NewsMedia Bites 18 Dec: Unilever, Brexit/Pound, British American Tobacco
Unilever’s warning it will miss growth targets puts pressure on chief executive Alan Jope to revive the consumer goods group as his first year in the job comes to an end.
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NewsLily’s Kitchen boosts European distribution with major German deal
Lily’s Kitchen has ramped up its international expansion by agreeing a deal with Germany’s biggest pet food retailer Fressnapf.
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NewsCranswick buys pig farming business Packington Pork
Cranswick has announced the acquisition of premium outdoor pig farming business Packington Pork from the Mercer family.
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NewsUnilever cuts sales growth expectations
Unilever has announced that its underlying sales growth for 2019 will be below current expectations due to “challenges” in some of its regions.
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NewsMedia Bites 17 Dec: Brexit, UK economy, Retail footfall
Boris Johnson will redraw his Brexit bill this week to make it illegal for parliament to extend the transition period — a move that puts a ‘no deal’ Brexit back on the table.
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NewsYoplait UK falls to loss amid sales slowdown and China arm sale
Yoplait UK slumped to a £55m pre-tax loss last year as the yogurt brand was hit by declining sales and a write down on the sale of Chinese arm.
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NewsAsda triggers search for new finance chief as IPO plans ramp up
Asda has reportedly engaged a corporate headhunter to find a new finance chief to spearhead a float of the Walmart-owned supermarket chain.
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NewsMedia Bites 16 Dec: Retail footfall, General election, Iceland
The number of visitors to Britain’s high streets over the past six weeks is ‘significantly’ down on last year, raising fears of a disaster for some of Britain’s struggling shops.
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NewsGressingham hit by 88% profits decline
Duck specialist Gressingham experienced an 88% collapse in profitability after production issues hit its vital Christmas trade last year.
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NewsGeneral election: analysts react as supermarkets and UK consumer stocks are bolstered by decisive result
Analysts and City commentators on the implications of Boris Johnson’s landslide victory and what the result means for consumer stocks, the pound and UK plc