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All articles by Alec Mattinson – Page 119
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NewsMedia Bites 14 May: Impossible Foods, UK retail shares, Boots
Plant-based meat company Impossible Foods has raised $300m in its latest funding round to increase its value by two-thirds to $2bn.
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NewsBoparan asset sell-off mitigates mounting losses
The 2 Sisters owner would have posted an annual loss of over £100m but for the sale of Goodfella’s…
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NewsCity snapshot: Supermarket prices move back into deflation
Supermarket prices fell back into deflation in April according to The Grocer Price Index, with overall grocery prices now in decline in five of the past seven months. Plus, Wilkinson Sword owner Edgewell buys online rival Harry’s, Hain Celestial sells protein business and all the rest of the latest news from the City.
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NewsMedia Bites 10 May: Morrisons, Harry's, Kraft Heinz
Morrisons is eyeing a closer relationship with Amazon and takeaway delivery firms such as Deliveroo and Uber Eats after loosening its agreement with online retailer Ocado
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NewsMorrisons' retail growth slows as Ocado deal renegotiated
Morrisons has posted a 2.3% rise in like for like first quarter sales as it has announced a temporary suspension of its use of online partner Ocado’s Erith customer fulfilment centre and an end to the exclusivity of their partnership.
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NewsMedia Bites 9 May: Imperial Brands, Metro, Coty
The threat of tighter regulations on vaping products in the United States has held back growth in e-cigarette sales at Imperial Brands
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NewsHop Stuff weighs up new finance plan as dispute halts brewing
The brewer ran into issues with its landlord and HMRC over a rental arrears dispute
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NewsThe Coconut Collaborative secures £3m for US expansion
Since launching in the US 18 months ago, Coconut Collective has won listings at several retailers
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NewsWaitrose profits given huge boost by cut in staff bonuses
The most recent bonus represents the lowest profits-to-bonus ratio on record
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NewsCity snapshot: Easter fails to halt high street sales slide
Good weather and the Easter holidays have failed to stem the decline of the UK’s suffering high street, with shopper numbers over the period down again according to BDO. Plus, Beyond Meat shares surge 170% on US stock market debut and all the rest of the latest news from the City.
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NewsMedia Bites 3 May: Beyond Meat, Kellogg's, Reckitt Benckiser
Shares in California-based Beyond Meat more than doubled on their debut as investors scrambled to get exposure to the fast-growing sector of plant-based food.
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NewsReckitt Benckiser admits to 'slow' first quarter
Consumer health giant Reckitt Benckiser has posted a “slow” start to the year, with overall first quarter like for like growth of just 1%.
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NewsMedia Bites 2 May: Sainsbury's, Ocado, Beyond Meat
The papers have their say on Sainbury’s annual results and the future of under-pressure boss Mike Coupe after the collapse of its proposed merger with Asda.
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NewsBeyond Meat ups float ambitions
Beyond Meat has raised its price guidance for its US IPO, now valuing the meat alternatives manufacturer at up to $1.5bn.
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NewsSignature Flatbreads profits treble back under family control
Private label tortilla and naan manufacturer Signature Flatbreads has grown sales and profits in the year the company was taken back under family ownership.
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NewsCity snapshot: Just Eat first quarter sales rise 28% as UK slows down
Online takeaway marketplace Just Eat has reported a 28% jump in first quarter sales to £227.9m, despite a slowdown in UK sales. Plus, Sainsbury’s shares sink to 30-year low and all the rest of the latest news from the City.
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NewsMedia Bites 26 April: Sainsbury's/Asda fallout special
The papers look at the ramifications of the collapse of the £12bn Saisbury/Asda merger and what is next for the two supermarkets and their management teams.
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Comment & OpinionWho is Miguel Patricio and what will the new Kraft Heinz boss bring to the table?
Kraft Heinz switched leaders yesterday after a disastrous fourth quarter – and despite being cut from the same 3G cloth as his predecessor, new chief Miguel Patricio represents a change of direction
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NewsCoca-Cola reports “solid” start to the year with 5% sales uplift
The Coca-Cola Company has posted net revenue growth of 5% in the first three months of the year, representing an “encouraging” first quarter performance.
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NewsNestlé beats first quarter sales expecations on strong US and Brazilian growth
Consumer giant Nestlé posted first quarter organic growth ahead of expectations after a strong performance in the US and Brazil.