All articles by Alec Mattinson – Page 165
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Analysis and Features
Grocers' Christmas results top City expectations
Which of the supermarkets ‘won’ Christmas is a fight decided at the tills, but the winner of the battle in the City comes down to expectations.
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Analysis and Features
Deflation weakens more as prices of fresh food creep up
Deflation tumbled to its lowest level since mid-2014 over the Christmas period amid price hikes across fresh food
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News
Meadow Foods sales plunge by 40% in run up to PE backing
Dairy processor Meadow Foods saw its sales drop by almost 40% last year as the plunging price of milk hit revenues
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News
City Snapshot: 'Super Thursday' brings solid festive updates from Tesco, M&S, Waitrose and more
Tesco has reported UK like-for-like growth of 1.4% in the 19 weeks to 7 January November as market share gains and volume growth boosted sales
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News
Media Bites 12 Jan: Sainsbury's/Argos, Lidl, Currencies
The papers this morning focus on the positive contribution of Argos to Sainsbury’s Christmas performance.
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Analysis and Features
Which of the grocers has "won" Christmas?
Ahead of a busy week of grocery trading updates there are good reasons to think the supermarkets had a far better time of things over the festive period.
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News
City snapshot: Consumer spending growth slows over Christmas
Consumer spending rose by 2.6% year-on-year in the festive period, though this represents a slowdown from a strong November according to Visa
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News
Media Bites 9 Jan: Christmas trading forecasts, Bernard Matthews, Online shopping
Tesco and Morrisons are expected to produce robust Christmas trading performances this week.
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Analysis and Features
"Well positioned" B&M benefits from Christmas momentum
As general retailers suffered this week on a gloomy outlook for 2017, the City rushed to grab a piece of B&M European Value Retail, with discounters seen as a safe haven in uncertain times.
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News
Livestock price deflation takes £40m chunk from Dunbia sales
Turnover for the year to 27 March 2016 slid 4.7% to £787.5m
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News
City Snapshot: US Customs seizure causes 14% first half sales drop for PureCircle
Stevia producer PureCircle has reported a first half sales drop of 14% as the seizure of a shipment by US Customs hit sales
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News
Media Bites 5 Jan: Bernard Matthews, Christmas retail performance, B&M Bargains
The pensions lifeboat is pushing to recover £75m from the administrators of Bernard Matthews, or nearly four times the pension deficit first flagged at the turkey producer.
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News
Reed Boardall increases profits despite sales dip
Revenues at Yorkshire-based cold storage and transport business The Reed Boardall Group dipped slightly to £64.3m in the year to 31 March 2016, compared with £65.9m in the previous 12 months.
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News
City Snapshot: Deflation eases again as ambient prices rise
Deflation continued to ease in December, according to the monthly BRC-Nielsen shop price index, with overall shop prices down 1.4%
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News
Media Bites 4 Jan: Tesco, Deflation, West Cornwall Pasty Co, Britvic
“Tesco is left embarrassed by director’s fast checkout” is the headline in The Times (£) this morning on the surprise departure of Tesco director and Compass Group chief exec Richard Cousins.
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News
Samworth Brothers buys West Cornwall Pasty Co
Samworth Brothers has acquired the West Cornwall Pasty Co from private equity group Endless, the company has confirmed today.
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News
City snapshot: Britvic expands in Brazil with £54.5m juice acquisition
Britvic has agreed a £54.5m deal to further grow its presence in Brazil with the acquisition of Bela Ischia Alimentos juice and concentrates business
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News
Media Bites 3 Jan: Retail pay, New Year footfall, 2017 share predictions
Retail pay dropped sharply in 2016, according to a new report.
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News
Deflation hits UK sales at Princes but profits rise
Annual sales fell at UK food and drink firm Princes as the widespread supermarket price deflation hit revenues, but lower input costs helped profits to grow.
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News
Coca-Cola pays $3.3bn for AB InBev’s stake in Coca-Cola Beverage Africa
The Coca-Cola Company has announced it has struck a deal to acquire the 54.5% stake in Coca-Cola Beverages African from AB InBev.