All articles by Alec Mattinson – Page 119
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News
Media 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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News
Morrisons' 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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Media 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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News
Hop 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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News
The 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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Waitrose 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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City 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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News
Media 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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News
Reckitt 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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News
Media 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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News
Beyond 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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News
Signature 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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City 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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News
Media 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 & Opinion
Who 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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News
Coca-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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Nestlé 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.
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News
Grown Up Chocolate Company enters administration
The Essex-based supplier appointed administrator Leonard Curtis on 11 April
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Typhoo falls to £20m loss as tea and operating costs soar
The tea supplier suffered from a sharp rise in the cost of key raw materials
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City snapshot: Unilever’s first quarter sales beat expectations
Unilever has topped City expectations with underlying sales growth of 3.1% in the first three months of the year. Plus, Nestlé posts first quarter organic growth ahead of forecasts this morning and all the rest of the latest news from the City.