All articles by Alec Mattinson – Page 12
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NewsArla Foods UK returns to branded growth as price inflation eases
Arla Foods UK said it returned to “strong” branded growth in the second half of 2023 as the commodities-driven inflation of 2022 eased
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NewsCity snapshot: CMA launches market study into infant formula
The UK’s Competition and Markets Authority has today launched a market study into the supply of infant formula in the UK after finding prices had soared by 25% over two years
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NewsMedia Bites 19 February: Morrisons, retail sales, Asda
The boss of Morrisons has stepped up the supermarket’s price war with Aldi and Lidl to win back customers
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NewsCity News: Heineken flounders as beer volumes fall globally
Heineken issued a sobering forecast for 2024 this week as it struggles against falling beer volumes and double-digit price increases
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NewsCity snapshot: UK retail sales bounce back as food stores return to growth
Retail sales volumes bounced back into stronger than expected growth in January following record falls in December, boosted by a recovery in food sales volumes
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NewsMedia Bites 16 February: The Body Shop, Discounters, Pernod Ricard
The Body Shop staff fear company will be broken up, risking 2,200 jobs
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NewsCity snapshot: Kerry Group sales fall after ‘challenging’ 2023
Irish dairy and nutrition producer Kerry Group has posted an 8.6% drop in sales as disposals and challenging conditions for its dairy business hit headline revenues
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NewsKraft Heinz net sales slow in fourth quarter as sales volumes drop
Kraft Heinz saw net sales decline in the final quarter of the year as a drop in sales volumes outstripped price rises in the period
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NewsMedia Bites 14 February: Shop worker violence, The Body Shop, Waitrose
Retail industry bosses have warned of a spiralling crisis on shop floors after violence and abuse of workers surged by 50%
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NewsThe Body Shop’s UK arm placed into administration
The private equity owner of The Body Shop has placed the UK chain into administration just three months after buying it
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NewsCity snapshot: Ultimate Products sales dip as air fryer craze dissipates
Homeware and household brands owner Ultimate Products has seen a fall in sales in its first half of its financial year as it laps “exceptionally strong demand” for air fryers last year
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NewsMedia Bites 12 February: The Body Shop, Cocoa prices, John Lewis
The new owners of The Body Shop are lining up administrators for its British arm just weeks after taking control of the cosmetics retailer
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NewsCity News: Sainsbury’s ‘Next Level’ strategy fails to impress the City
Sainsbury’s outlined its strategic blueprint to improve investors’ returns this week, but its plans underwhelmed the City amid concerns over upfront costs and a lack of clarity around some commitments
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NewsWilliam Jackson Food Group back in profit after MyFresh exit
William Jackson Food Group grew sales and moved back into the black last year, despite the cost of living crisis and a drop in online grocery shopping
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Analysis & FeaturesWho will be hit hardest by rising national living wage?
Food prices will likely stay higher for longer as costs are passed on
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NewsCity snapshot: Tesco sells majority of banking arm to Barclays for £1bn
Tesco has announced it will sell it’s the majority of its banking operations to Barclays, with the deal worth £1bn in total.
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NewsMedia Bites 9 February: DS Smith/Mondi, Unilever, British American Tobacco
DS Smith has received a takeover approach from Mondi, a rival UK paper specialist, in a deal that would create a European packaging giant with a value of more than £10bn
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NewsCity snapshot: Unilever returns to volume growth but performance remains ‘disappointing’
Unilever returned to volume growth last year as price increases decelerated, but new boss Hein Schumacher said the group’s competitiveness remained “disappointing”
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NewsMedia Bites 7 February: Grocery market share, retail sales, Pret a Manger
Marks & Spencer is poised to overtake Waitrose as it wins over growing numbers of middle class shoppers
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NewsCity snapshot: Retail sales growth slows as cost of living weighs on consumers
UK retail sales growth slowed in January despite easing inflation as continued weak consumer demand led to ‘lacklustre’ sector performance