All articles by Alec Mattinson – Page 155
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NewsCity snapshot: Consumer spending falls to four-year low
UK consumer spending has fallen to its lowest level in almost four years as rising inflation and stagnant wages have dampened demand for non-essentials items. Plus a look ahead at what’s scheduled on the markets this week and all the latest news from the City.
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NewsMedia Bites 10 July: Nisa, CBI, Lidl, Amazon
Rebel Nisa shopkeepers are plotting to throw out their chief executive over the board’s plan to sell the chain to Sainsbury’s for £130m, writes The Times (£).
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NewsSainsbury's exceeds expectations but shares fail to respond
The market’s negative stance on the grocers is increasingly at odds with the solid growth figures
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NewsSupermarket inflation hits highest level in four years
Supermarket price inflation has rebounded to its highest level since the end of 2013, new Grocer Price Index figures show
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NewsCity snapshot: OC&C/Grocer Global 50 special
The Grocer today publishes The OC&C/Grocer Global 50 report – the definitive report on the fortunes of world’s largest fmcg companies. Plus all the rest of the latest news from the City this morning.
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Comment & OpinionDoes zero-based budgeting work for fmcg? The jury is out
There is nothing wrong with ZBB in principle. But it is not a silver bullet, says The Grocer finance editor Alec Mattinson
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Analysis & FeaturesOC&C Global 50: M&A lever yet to be pulled
Forecasts of 3G Capital’s rivals reacting to its deal-making with large-scale consolidations of their own have come to very little as Global 50 M&A slumped last year
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Analysis & FeaturesOC&C Global 50: Tobacco's lessons for the fmcg industry
It comes as little surprise that tobacco is the again the standout performer in the fmcg universe - what lessons can the rest of the industry’s learn from tobacco’s enduring success?
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Analysis & FeaturesOC&C Global 50: Commodities provide bottom line solace
The headline growth picture for the Global 50 is unremittingly grim, but there was some solace for the world’s biggest fmcg suppliers when it came to the bottom line.
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Analysis & FeaturesOC&C Global 50 2017: Can zero equal hero?
Is zero-based budgeting (ruthless cost cutting) the required method for boosting margin now?
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NewsGlobal fmcg giants see sales fall for first time since 2003
Sales across fmcg’s 50 biggest players dropped by 0.7% in 2016, the first drop since 2003, the latest OC&C/Grocer Global 50 report reveals
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NewsMedia Bites 7 July: OC&C Global 50, Reckitt Benckiser, ABF
Mergers and acquisitions among the world’s 50 largest consumer companies fell sharply last year, as political uncertainty depressed dealmaking in a sector, writes the Financial Times on this year’s OC&C/Grocer Global 50 report.
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NewsMedia Bites 4 July: Tesco, Carlsberg, Weetabix
Tesco is expected to pay an average of £400 each in compensation to about 10,000 shareholders over its 2014 accounting scandal, writes The Times.
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NewsCity snapshot: Sainsbury’s first quarter like for like sales jump 2.3%
First quarter like-for-like sales (excluding fuel) at Sainsbury’s have surged by 2.3%
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NewsTulip reports losses but has 'put the brakes on' decline
Newly released accounts for the year to 30 September 2016 reveal a 9% drop in sales to £1.05bn
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NewsNestlé gets more aggressive with updated strategic plan
Daniel Loeb’s Third Point hedge fund called for “bold action” at the “staid” group
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NewsChaucer sees earnings rocket as it opens new US facility
Reported sales at the freeze-dried fruit supplier fell 0.9% to $138m in the year to 31 December 2016…
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NewsWarburtons sales fall in 'competitive' bakery market
Overall sales dropped from £551.5m in 2015 to £526.3m in the year to 24 September 2016
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NewsCity snapshot: Nisa moves back to profit despite sales slide
Sainsbury’s target Nisa moved back into profitability in its last financial year despite a 2.6% fall in sales. Plus, UK consumer confidence slides post-election, Tayto buys second vending machine business and all the rest of the latest news from the City
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NewsMedia Bites 30 June: Walgreens Boots Alliance, Tesco/Booker, Greene King
Stefano Pessina’s ambition to turn Walgreens Boots Alliance into a global drugstore group was dealt a blow by US regulators after he was forced to scrap a $17.2 billion takeover of Rite Aid, writes The Times.