All articles by Alec Mattinson – Page 170
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Comment & OpinionCPI Inflation rise tops expectations as food deflation eases
The UK Consumer Prices Index has risen by 1.2% in the year to November as food deflation continued to ease during the month.
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NewsAsahi wins auction for AB InBev's Eastern European beer stable
Asahi is set to add Pilsner Urquell to its stable of European beer brands after reaching an agreement to buy the AB InBev Eastern European brewing businesses previously owned by SABMiller.
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NewsCity snapshot: Black Friday fails to halt retail footfall decline
Retail footfall fell 1% during November despite the Black Friday sales event, with high street footfall dropping for its third consecutive month
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NewsMedia Bites: Asahi/AB InBev, Fyffes, Hotel Chocolat
The Japanese brewing giant Asahi is nearing a £5bn takeover of a portfolio of European beers that includes the Czech lager Pilsner Urquell, after edging ahead in a fiercely competitive bid battle.
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Analysis & FeaturesTrade impact of Brexit remains a mixed picture
The UK’s trade deficit fell back to £2bn in October compared to £5.8bn in September. So a great success for Brexit Britain? Not so fast.
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Analysis & FeaturesDeflation eases back to its lowest in nearly two years
Supermarket price deflation has eased back to its lowest level in almost two years
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NewsCity snapshot: Ocado sales growth slows in fourth quarter
Ocado has announced a 13.1% rise in gross retail sales in the fourth quarter, which represents a slowdown on its annual growth of 13.6%
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NewsMedia Bites 8 Dec: Dalton Philips, Food advertising, Camden Town Brewery
Dalton Philips, the former boss of supermarket chain Morrisons, is to return to the British high street in a leading role at one of Britain’s fastest-growing casual dining groups.
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News
Real Good Food shares plunge after commodities price warning
Shares in Liverpool-based food group Real Good Food dropped 5,2% after it warned increased raw material and commodity costs could hit future earnings.
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NewsJBS commits again to US float of international business
Brazilian meat giant JBS has announced a second plan to list its international division in the US after its first scheme, which included moving the division to Ireland, was scrapped.
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NewsCity snapshot: Food drives November retail sales rise as Black Friday falls flat
UK retail sales were up 0.6% like-for-like in November, driven by a strong rise in total food sales as Black Friday failed to boost general merchandise sales. Plus the rest of this morning’s news from the City
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NewsMedia Bites 6 Dec: Fortnum & Mason, Retail sales, M&S, BAT
Fortnum & Mason has said sales of its monogrammed hampers have risen by 20% this Christmas despite fierce competition from a cheaper rival.
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NewsBrewdog launches new £10m Crowdfunding bond pitch
Craft brewer BrewDog has launched another crowdfunding pitch to raise up to £10m and help fund its continued global expansion.
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NewsFerrero completes deal for Belgian biscuit brand Delacre
Italian confectionery giant Ferrero has announced the completion of its deal to buy Belgian luxury biscuit brand Delacre from UK-based Pladis.
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NewsCity snapshot: Chaucer Food Group bought in $120m Japanese deal
Chaucer is the latest UK-headquartered food group to be snapped up by a foreign buyer in a deal worth more than $120m (£95.4m), The Grocer can reveal. Plus, FTSE 100 fmcg stocks hit by the pound’s recovery and all the rest of today’s news from the City.
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NewsMedia Bites 2 Dec: Pack sizes, Christmas spending, Currencies, M&S
Food groups are increasingly turning to ‘shrinkflation’ to cope with rising costs, according to The Financial Times as suppliers change package sizes to maintain margins.
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NewsNew stores drive full year sales growth at McColl's
Convenience store and newsagent chain McColl’s Retail Group (MCLS) has announced a 1.7% rise in fourth quarter sales driven by new stores and food and wine conversions
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NewsMedia Bites 1 Dec: Plain packaging, Petrol prices, Camelot, Greene King
Big Tobacco is considering a last-ditch attempt to halt the introduction of plain packaging in Britain after its latest legal challenge was thrown out yesterday, writes The Times (£).
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NewsDr Pepper Snapple swoops for $1.7bn health drinks group
Dr Pepper Snapple Group has announced it has agreed to buy US health drinks group Bai Brands for $1.7bn ($1.37bn).
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NewsNorth America boosts annual results for Compass Group
FTSE 100 catering giant Compass Group has reported to 5% boost to annual organic revenues. Plus all the rest of today’s news from the City …