All articles by Alec Mattinson – Page 129
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NewsUnited Wholesale grocery boost offsets falling tobacco sales
The wholesaler recorded a slip in sales but improved profitability
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NewsWages and operating profits jump at Aldi
Average headcount at the discounter has increased by 10% to more than 33,000, while profits rose 26%
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NewsBooths sales decline during year 'fraught with disruption'
The Northern supermarket chain reported a further slide in sales but stressed improved performance in the latter half of 2017
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NewsSupermarket price inflation at lowest level for 20 months
The Grocer Price Index edged back up to 0.1% in September but is still at its lowest level for months
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NewsCity Snapshot: Glanbia buys SlimFast for US$350m
Irish food group Glanbia has announced it has agreed to acquire weight loss nutrition brand SlimFast for US$350m. Plus, high street restructure at WH Smith sees headline profits fall back and all the rest of the latest news from the City.
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NewsMedia Bites 11 Oct: Patisserie Valerie, Tesco, Wilko
Patisserie Valerie faces a battle for survival after discovering a £20m-plus black hole in its accounts and being hit with a winding-up petition by Revenue & Customs.
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NewsCity snapshot: Greggs sales up 7.3% in third quarter
Food to go bakery chain Greggs has reported a 7.3% sales jump in its third quarter, driven by like-for-like growth and new store openings. Plus, UK retail sales fall 0.2% in September and all the rest of the latest news from the City.
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NewsMedia Bites 9 Oct: Tesco, Retail sales, Unilever
Two former directors at Tesco have gone on trial, accused of manipulating figures that resulted in the firm’s profits being overstated by £250m
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NewsRed Bull grows UK sales as regulatory energy drinks threat looms
Red Bull has posted doubled-digit annual sales and volume growth in the UK and Ireland as the UK government mulls legislation to curb energy drink sales to children.
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NewsKettle Foods falls to pre-tax loss amid 'intense' competition
Kettle Foods has fallen to a pre-tax loss in the UK after it lost a big chunk of market share and was dragged into an intense promotional war for shelf space.
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NewsFentimans reports another year of bumper sales growth
Premium soft drinks and mixer producer Fentimans has reported another year of booming sales, though its profits were hit by investment in brand growth.
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NewsMeantime posts drop in profitability after Asahi acquisition
Meantime pro-rata sales have fallen 9.4% from £21.2m
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NewsCity snapshot: BRC calls for action on business rates as shop numbers plunge by 3,200
The British Retail Consortium has again called on the government to overhaul the UK’s “outdated” business rates system after new official figures showed the number of physical shops fell by 3,200 over the past four years
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NewsMedia Bites 4 Oct: Tesco, Unilever, McDonald's
Tesco is set to take action after Christmas to fend off food shortages unless the government has cut a Brexit deal that ensures the free flow of goods from Europe, writes The Guardian.
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NewsCalbee expands UK snacking footprint with Seabrook acquisition
Japanese snacking giant Calbee has agreed to acquire Seabrook Crisps for an undisclosed sum.
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NewsBooker acquisition helps drive Tesco to first half sales and profits jump
Tesco has posted a double-digit rise in group sales and operating profits as the integration of Booker and a strong second quarter boosted performance
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NewsMedia Bites 3 Oct: Amazon, Unilever, PepsiCo
Amazon has raised the pay of thousands of workers in the UK and US, after coming under fire from campaigners over its low wages and poor working conditions.
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Analysis & FeaturesWhy are UK shareholders revolting against Unilever's restructuring plans?
A row is brewing over Unilever’s plans to scrap its dual British-Dutch structure and shift to a single corporate HQ in the Netherlands. The Grocer looks at the key issues
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NewsCity snapshot: Aldi UK and Ireland sales top £10bn as it pledges 130 new store openings
The UK and Irish arm of German discounter Aldi grew annual sales by 16.4% last year to £10.2bn and has pledged to open a further 130 stores over the next two years
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NewsMedia Bites 1 Oct: Tesco, Unilever, Harrods
Investors are braced for Tesco to report slowing sales growth this Wednesday despite a boost from the summer heatwave and England’s World Cup run.