All articles by Alec Mattinson – Page 16
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NewsCity News: SSP Group sales leap past pre-pandemic levels and profits soar
Travel retail specialist SSP Group has continued to recover strongly from Covid with sales of £3bn – higher than pre-pandemic – and profits of £200m
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NewsAssisi Group buys Burns Pet Nutrition following PE investment
Assisi Pet Care Group has made its first acquisition since receiving US private equity investment earlier this year
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NewsHair loss specialist Sons raises €6.75m to drive European growth
Irish men’s healthcare brand Sons has secured investment worth €6.75m to grow the reach of its male hair loss products.
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NewsCity snapshot: Black Friday fails to rally UK shoppers amid bleak November
Top story Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in another disappointing month for retailers, according to figures from accountancy firm BDO. According to BDO’s High Street Sales Tracker, total like-for-like sales in November fell by 0.3% compared to ...
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NewsMedia Bites 8 December: Chapel Down, McDonald’s, Leon
England’s largest winemaker made a sparkling debut on London’s junior exchange yesterday as part of its plan to double the size of its business in three years
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NewsCity snapshot: DS Smith CEO to retire as box volumes fall amid ‘weak’ demand
Long-serving DS Smith CEO Miles Roberts is to stand down from his role as the box maker reported a drop in revenues and profits amid weak demand
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NewsEG Group sells UK KFC franchise to Yum Brands
EG Group has sold its 218 KFC franchise restaurants in the UK to KFC owner Yum Brands to continue to pay down debt
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NewsMedia Bites 6 December: Grocery market share, SSP Group, olive oil
Sainsbury’s has claimed its largest increase in market share in more than a decade after stepping up the price war with the German discounters Aldi and Lidl
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NewsCity snapshot: Grocery sales set hit to £13bn this Christmas despite sales slowdown
Grocery sales are expected to surpass £13bn for the first time this Christmas despite supermarket sales growth continuing to lag slowing inflation
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NewsMedia Bites 4 December: National living wage, HFSS, Jollyes
The government’s decision to increase minimum pay will result in higher prices, lower investment and fewer jobs, retail and hospitality leaders have warned
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NewsHonestly Tasty beats fundraise target to grow vegan cheese ops
The brand passed its £250k target in its first week of a Seedrs crowdfunding campaign at a pre-money valuation of £9.9m
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NewsBritvic shares slip despite a ‘resilient’ performance
The Robinsons squash maker grew full year sales by 6.6% to £1.75bn in the year to 30 September
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NewsRetail push helps Huel return to profitability
Meal replacement brand Huel has bounced back into profitability as its deepening push into retail bolstered the DTC pioneer’s customer base
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NewsCity snapshot: UK consumer confidence grows ahead of Christmas
UK consumer confidence has rebounded in November despite ongoing cost-of-living concerns
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NewsMedia Bites 24 November: Wilko, Black Friday/Amazon, John Lewis
The former bosses and auditor of collapsed UK retail chain Wilko have been summoned to appear before MPs next week
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NewsCity snapshot: PZ Cussons trading in line as Nigerian business grows despite volatility
PZ Cussons has told the market it is trading in line with expectations amid a rebound in its Nigeria business despite volatility and currency devaluation in the country
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Comment & OpinionHow the autumn statement will impact retail and fmcg
A ‘final nail in the coffin for the high street’ was the grim description from a leading property consultancy of today’s autumn statement
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NewsMedia Bites 22 November: Deliveroo, Cranswick, minimum wage
Riders for Deliveroo are not entitled to trade union rights such as collective bargaining because they are not employees
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NewsCity Snapshot: Cranswick boosted by UK volume growth despite price increases
Cranswick has reported strong top line and bottom line growth as it benefited from inflation recovery and resilient volume growth in the UK
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NewsMedia Bites 20 November: Retail sales, Tesco Bank, Hotel Chocolat
British retail sales have fallen to their lowest level since February 2021 as consumers curb their spending