All articles by Alec Mattinson – Page 108
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NewsMedia Bites 14 Nov: Unilever, Just Eat/Takeaway.com, Coca-Cola HBC
Unilever’s chairman Dr Marijn Dekkers has stepped down a year after he U-turned on a decision to axe the company’s London headquarters in favour of Rotterdam.
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NewsProtein turnaround drives 2 Sisters profits rebound
Poultry giant 2 Sisters Food Group has posted a double-digit improvement in fourth quarter organic profits as margins in its core protein business improved.
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NewsMedia Bites 13 Nov: Premier Foods, Ocado, B&M
Shares in Premier Foods surged as a turnround took hold with sales in brands gaining momentum.
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NewsHalal baby food brand For Aisha receives ‘seven figure’ PE backing
Halal baby food manufacturer For Aisha has received a ‘major seven-figure’ private equity investment to grow the brand in the UK and internationally.
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NewsSupermarket growth slows as Christmas approaches
UK supermarket sales growth eased last month amid political uncertainty and wet weather ahead of the crucial Christmas trading period.
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NewsMedia Bites 12 Nov: Walgreens Boots Alliance, Greggs, Just Eat
Walgreens Boots Alliance has received an audacious, debt-laden buyout proposal from KKR that would be the biggest private equity transaction in history.
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NewsCity snapshot: October rain leads to UK retail footfall plunge
Retail footfall suffered another steep drop in October as the autumn rain kept shoppers at bay. Plus, Greggs upgrades profit expectations on strong sales performance, Prosus publishes Just Eat offer document and all the rest of the latest news from the City.
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NewsMedia Bites 11 Nov: Sainsbury’s, 2 Sisters, Asda
Sainsbury’s has struck a deal to sell groceries in Australia in its biggest push to enter the wholesale market.
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NewsCity snapshot: Rising prices boost organic sales at Carlsberg
Danish brewing giant Carlsberg has posted a 3.1% rise in third quarter like for like sales, driven by rising prices as volumes declined. Plus, UK consumer confidence drops again, Delivery Hero raises sales expectations, Hilton Food Group updates on trading and all the rest of the latest news from the City.
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NewsMedia Bites 31 Oct: Business rates, Consumer confidence, Juul Labs
Business rates have come under fresh attack from MPs amid fears the tax is crippling Britain’s high street
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NewsOnline Poundshop receives growth investment from Midven
Specialist eCommerce platform Online Poundshop has secured ‘considerable’ investment from venture capital firm Midven to fund growth.
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NewsCity snapshot: Beyond Meat makes first quarterly profit as sales surge 250%
Beyond Meat has posted its first quarterly profit as sales of its plant-based meat alternatives jumped 250% in the third quarter.
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NewsMedia Bites 29 Oct: Brexit stockpiling, Just Eat, Boots
Britain’s biggest retailers have been ramping up their stockpiling efforts to record levels in the run-up to Brexit.
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NewsUK e-retailer deals rise as high street woes increase online focus
The number of M&A deals for UK e-retailers has risen by 50% in the past year as retail groups come under pressure to accelerate online sales growth amid a wider high street slump.
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NewsMedia Bites 28 October: Just Eat, AB InBev, Asda
Just Eat has accepted that its multibillion-pound merger with Takeaway.com is dead in its present form, according to The Times.
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Analysis & FeaturesJust Eat investors demand larger helping as bidding war escalates
A juicy takeover war was kicked into gear this week as global suitors battle to grab a slice of the booming UK online takeaway delivery sector.
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NewsBear reports sales fall amid intensifying competition in the fruit snacking space
Fruit snacking brand Bear has seen a reversal of its rapid growth as fierce competition and lower-priced rivals have stunted sales.
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NewsCCEP invests in two tech-driven delivery start-ups
Coca-Cola European Partners has made its first investments under a new venture arm after taking stakes in two tech-based start-ups.
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NewsMedia Bites 24 Oct: Just Eat, Beyond Meat, Impossible Foods, Retail jobs
The hostile suitor trying to buy Just Eat must pay an extra £1bn to take it over, a major shareholder has said.
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NewsSupermarket prices fall back in September
Supermarket prices edged back into deflation last month for the first time since April, according to the latest Grocer Price Index.