All articles by Alec Mattinson – Page 147
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NewsMedia Bites 28 Nov: Unilever, Black Friday, Patisserie Holdings, Ocado
Unilever’s board is to delay a decision on whether to choose the UK or the Netherlands for its headquarters.
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NewsCity snapshot: Ocado signs international partnership with French hypermarket chain Casino
Ocado has signed an agreement with Group Casino to develop a delivery service in France. Plus soaring UK food to go sales boost annual revenues at Greencore, Unilever says plans are on track to deliver underlying sales growth of 3-5%, Cranswick sees strong first half volume growth and all the rest of the latest news from the City.
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NewsCity snapshot: Booths hires Rothschild to find a buyer
Upmarket northern supermarket chain Booths has reportedly hired Rothschild to lead a sales process that could be worth up to £150m. Plus a look ahead to events in the City this week, including results from Greencore, Britvic and Cranswick, and all the rest of the latest finance news.
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NewsMedia Bites 27 Nov: Just Eat, Booths, Black Friday
Online takeaway firm Just Eat is set to join the ranks of Britain’s biggest businesses this week as it is faces promotion to the FTSE 100.
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NewsKraft Heinz names former Tim Hortons CEO as UK & Ireland chief
Kraft Heinz has bought in the former global CEO of coffee and donut chain Tim Hortons to head up its UK & Ireland business
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NewsSainsbury's short selling at highest for over a year
Short selling of Sainsbury’s shares has jumped to its highest level for over a year
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NewsSSP sales hike sends shares soaring
Despite struggles in grocery and restaurants, food to go continues to go from strength to strength
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NewsNestlé target Hain out of running for Meridian stake
Hain Celestial is understood to be out of the running for nut butter brand Meridian as the wider group becomes a multi-billion dollar target for Nestlé.
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NewsYo Sushi eyes retail move after completing Bento Sushi deal
Yo Sushi is understood to be plotting a move into UK branded retail after buying a multi-platform Canadian contemporary
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NewsCity snapshot: Naked Wines drives first half growth at Majestic
Majestic Wine has posted underlying first half sales growth of 4.2% and a return to profitability as its Naked Wines online business saw its US sales jump. Plus, platinum members can read the our full exclusive interview with Tesco’s Dave Lewis and Booker’s Charles Wilson, Remy Cointreau’s first half sales rise and all the rest of this morning’s news from the City.
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NewsMedia Bites 21 Nov: Budget, SSP Group, Morrisons
Retailers have welcomed a change in the way business rates are calculated, which will save them an estimated £210m over the next two years.
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NewsAir travel growth boosts SSP Group
Upper Crust and Caffe Ritazza owner SSP Group has reported a double-digit hike in annual sales and profits as a rise in air travel and growth in North America boosted performance.
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NewsMedia Bites 22 Nov: Imperial Tobacco, Camelot, Compass Group
Heightened expectations that a blockbuster tobacco takeover was on the way lit a fire under Imperial Brands.
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NewsCity snapshot: Strong North American growth boosts catering giant Compass Group
FTSE 100 catering giant Compass Group (CPG) has announced a 4% rise in organic revenues as a strong performance in North America underpinned growth. Plus, Tesco and Booker shares rise again and all the rest of this morning’s news from the City
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NewsMedia Bites 21 Nov: Unilever, Accrol, Yo! Sushi
“Dutch in tax war to lure Unilever away from UK”, writes the Daily Mail.
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NewsYo! Sushi snaps up Canadian sushi brand Bento
UK restaurant chain Yo! Shushi has acquired Canadian multi-platform sushi brand Bento Sushi in a deal worth CAN$100m (£59m).
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NewsConsumer spending to flatline over festive period
Spending by UK shoppers is set to slump in the run-up to Christmas as new research from Visa suggests consumer activity will be hit by weak wage growth and higher prices.
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NewsMedia Bites 20 Nov: Accrol, Festive spending, Black Friday, Camelot
Accrol, which makes toilet rolls for Lidl and other retailers, is poised to unveil plans to raise new funds in an effort to escape a cash crisis.
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NewsFruit-waste-to-crisps supplier Spare Fruit bids for Seedrs cash
A snack firm that repurposes otherwise discarded fruit into air-dried crisps is seeking cash from the crowd
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NewsPremier Foods second quarter group sales leap 6%
Premier Foods may finally be delivering on its promises of progress after announcing stellar second-quarter sales