All articles by Alec Mattinson – Page 153
-
NewsKetchup sales in the red as Heinz family faves lose favour
Newly filed accounts from the US group’s UK subsidiary HJ Heinz Foods UK show a 16.3% collapse in annual sales to £708.9m.
-
NewsCoca-Cola Zero Sugar growth boosts first half sales at CCEP
Comparable sales at GB and European Coke bottler Coca-Cola European Partners were up 5% in the first half on strong revenue and volume growth across its major territories.
-
NewsCity snapshot: Grocery inflation surges to 2.4% in July
Grocery price inflation jumped from 1.6% to 2.4% in the month to 1 August with Tesco’s prices climbing by the largest proportion. Plus, the FTSE plunges but Coca-Cola HBC surges, a round-up of finance stories in The Grocer this week and all the rest of the latest news from the City
-
NewsMedia Bites 11 Aug: Amazon, Asda, Coca-Cola HBC, Co-op Bank
Amazon paid just £15m in tax on European revenues of £19.5bn, writes The Guardian.
-
NewsSupermarket prices rise at fastest rate for four years
Supermarket prices are growing at their fastest level for almost four years as the pressure on shoppers’ wallets mounts.
-
NewsRaisio’s first half sales slump on UK confectionery troubles
Comparable sales have dropped 17.3% in the first half at Finish food group Raisio as the falling pound and difficulties in its UK confectionery business hit trading.
-
NewsTyrrells owner Amplify lowers earnings forecast on UK and US market headwinds
Amplify Snack Brands grew sales by more than two-thirds to break the $100m dollar barrier in its second quarter, but the Tyrrells owner warned full-year growth will be slower than previously forecast due to market headwinds in the US and UK.
-
NewsCity Snapshot: Food growth boosts slowing July retail sales
UK retail sales rose by 0.9% year-on-year in July as strong food sales supported weakening overall sales growth, according to the latest BRC-KPMG Retail Sales Monitor. Plus, Pets at Home sees quarter sales rise, Worldpay wants more time to tie-up merger and all the rest of the latest news from the City.
-
NewsMedia Bites 8 Aug: Retail sales, Eggs, Tesco, Fairtrade
Higher prices are forcing British families to spend more on food and cut back elsewhere, as imported inflation starts to bite.
-
NewsCity snapshot: UK consumer spending slumps to four-year low
UK consumer spending has fallen for the third consecutive month, according to Visa, marking the longest streak of spending decline for over four years. Plus, Worldpay UK boss moves to bookmaker Paddy Power Betfair, Carr’s Group makes acqusition and all the latest from the City
-
NewsMedia Bites 7 Aug: Sainsbury's, P&H, Business rates
Sainsbury’s is preparing to shed as many as 1,000 jobs as it gears up for the next phase of its cost-cutting drive.
-
NewsKraft Heinz quarterly sales slide again as bottom line improves
Kraft Heinz (KHC) reported another increase in quarterly earnings, but the 3G Capital-owned group shows little sign of addressing its falling sales.
-
NewsCity snapshot: Karro Food Group sales surge past £500m ahead of CapVest deal
Karro Food Group has posted a jump in full year sales and profits, cementing its turnaround in the run up to the £180m takeover by CapVest in March. Plus, Kraft Heinz’ second quarter sales slide again, fashion sales slump on the high street and all the rest of the latest news from the City.
-
NewsMedia Bites 4 Aug: Mondelez, Green & Blacks, Worldpay
Mondelez investors are wondering whether history will repeat itself with the company being put back in play now that a chief resistant to activist pressure is heading for the exit.
-
NewsP&G countering Peltz with acquisitions plan
P&G signalled in a call to analysts it is stepping up efforts to grow revenues
-
NewsCost savings drive Kellogg’s profit improvement as sales continue to slide
Kellogg’s has posted a 6.9% rise in comparable second quarter operating profit despite another slump in net sales.
-
NewsHilton Food Group shares rise on Icelandic speculation
Shares in Hilton Food Group surged on the news it is in pole position to snap up Saucy Fish Co owner Icelandic Seachill
-
Analysis & FeaturesHow Clooney worked his magic on Diageo sales too
Brand growth has largely been achieved by premiumisation focus
-
NewsMorrisons and McColl’s strike landmark supply deal
Morrisons will supply grocery goods across McColl’s estate under the relaunched Safeway brand
-
NewsMedia Bites 1 Aug: Unilever, EU subsidies, Heineken
A former boss of Marks & Spencer and an ex-Unilever chief operating officer are being lined up to play key roles in the £6bn auction of Unilever’s spreads business, according to Sky News.