All articles by Alec Mattinson – Page 126
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NewsMedia Bites 10 Dec: Christmas retail, Pipers/PepsiCo, Tesco trial
“Christmas gloom settles on the high street”, writes The Times as shopkeepers prepare themselves for the quietest festive period since the credit crunch.
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Analysis & FeaturesMcColl's shares hit record low as shadow of P&H collapse endures
A year has proved a long, painful period for McColl’s investors, who have seen the value of their shares drop by more than 75% after another damaging profit warning this week.
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NewsSupermarket prices in deflation as festive period looms
Supermarket prices remained in annual deflation for a second consecutive month in November
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NewsMedia Bites 7 Dec: Tesco trial, DS Smith, Nando's
There is heavy coverage of the collapse of the trail of two former execs, which is being described as a signficant blow to the Serious Fraud Office.
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NewsCity snapshot: Associated British Foods warns of “tough” retail market
Associated British Foods has warned of the impact of a “tough” retail market on its Primark clothing chain, which experienced “challenging” conditions in November. Plus the FTSE has its worst day since Brexit and all the rest of the latest news from the City.
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NewsMarket share gains drive first half growth at packaging giant DS Smith
FTSE 100 packaging firm DS Smith has grown organic revenues by 3.2% in the first half due to volume growth and market share gains and announced plans to sell its plastics division.
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NewsMedia Bites 6 Dec: Patisserie Valerie, Deliveroo, Beyond Meat
Scandal-hit cake and coffee chain Patisserie Valerie has secured the services of a new finance chief after a hiatus of almost two months.
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NewsFood to go drives Greencore sales increase after US exit
Greencore has posted a 4.2% rise in annual sales from continuing operations after the sale of its US business as its food to go revenues grew by double-digits.
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NewsMedia Bites 4 Dec: Sainsbury's/Asda, Unilever, McColl's
Tesco has said that the proposed merger of J Sainsbury and Asda should not go ahead unless “extensive remedies” are provided by its rivals, writes The Times.
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Analysis & FeaturesWill Samworth's bid to buy Manton Wood win CMA approval?
The investigation into the deal has surprised observers
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NewsCity snapshot: Unilever CEO Paul Polman to retire and be replaced by beauty chief Alan Jope
Unilever has announced that its CEO Paul Polman will retire in 2019 to be replaced as by currency president of its beauty & personal care division Alan Jope.
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NewsMedia Bites 29 Nov: Altria/Juul Labs, Unilever/Horlicks, Black Friday
Altria, the company behind Marlboro cigarettes, is in talks to take a stake in Juul Labs, the US$16bn ecigarette start-up that has seized three-quarters of the US vaping market since its launch in 2015, according to the FT.
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NewsMedia Bites 27 Nov: Black Friday/Cyber Monday, UK pubs, Cake Box
Black Friday turned ‘bleak Friday’ for bricks and mortar retailers this year as shoppers flocked online to pick up bargains.
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NewsWilliam Jackson buys premium vinegar and olive oil brand Belazu
The transaction marks the Yorkshire-based group’s second deal since its sale of Aunt Bessie’s in June
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NewsCity snapshot: Lower pig prices hold back Cranswick’s first half growth
Protein supplier Cranswick has posted first half revenue growth of just 0.6% as export sales fell back. Plus, Greggs upgrades full year expectations on strong autumn trading and William Jackson Food Group agrees to buy premium olive oil brand Belazu.
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Analysis & FeaturesItalian wine retailer Vini Italiani rescued from administration
Italian wine specialist Vini Italiani has been rescued from administration in a deal saving 20 jobs.
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News'Skinny' alcohol brands look to the crowd to tap interest in healthier drinking
Two ‘skinny’ alcohol brands are looking to raise expansion capital to cash in on growing demand for healthier booze alternatives.
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Analysis & FeaturesCity News: Majestic Wine's turnaround hits the buffers
Majestic Wine investors were nursing a sore head on Thursday as the retailer plunged to a half-year loss three years into its supposed turnaround plan.
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NewsCity snapshot: Plant-based food producer Gosh eyes potential sale
Plant-based food producer Gosh is plotting a potential sale after hiring advisors. Plus Origin Enterprises delivers 24% first quarter sales jump and all the rest of the latest news from the City.
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NewsMedia Bites 23 Nov: Majestic Wine, Black Friday, WH Smith
Majestic Wine admitted today that it is stockpiling wine, amid fears that a ‘no deal’ Brexit could lead to gridlock at ports and disrupt deliveries.