All articles by Alec Mattinson – Page 168
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NewsCity snapshot: High street sees first Christmas footfall rise in five years
Continuing the surprisingly strong festive retail results of last week, the BRC – Springboard footfall numbers for December have found the first festive rise in high street footfall for five years. Plus a look at the week ahead and all the latest news from the City.
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NewsMedia Bites 16 Jan: Bakkavor, Supermarket results, Inflation
Bakkavor, a top supplier of Marks & Spencer ready meals is leading a pack of British companies heading for a London stock market float, according to The Times (£)
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Analysis & FeaturesGrocers' 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 & FeaturesDeflation 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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NewsMeadow 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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NewsCity 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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NewsMedia 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 & FeaturesWhich 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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NewsCity 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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NewsMedia 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 & 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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NewsLivestock 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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NewsCity 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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NewsMedia 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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NewsReed 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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NewsCity 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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NewsMedia 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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NewsSamworth 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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NewsCity 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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NewsMedia Bites 3 Jan: Retail pay, New Year footfall, 2017 share predictions
Retail pay dropped sharply in 2016, according to a new report.