All articles by Alec Mattinson – Page 172
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NewsCity snapshot: Supermarket savings boost eating out in the UK
UK consumers are eating out more and making use of growing delivery options as they save on their weekly food shop, new research has found
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NewsMedia Bites 31 Oct: Asda, Majestic Wine, AB InBev
With the papers fixated on the future of the governor of the Bank of England Mark Carney, grocery news was relatively limited over the weekend - though long queues at Asda tills due to technical problems did make the news.
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NewsTetley owner reports loss as sales of black tea slump
The owner of Tetley Tea battled rising commodity costs and a “structural decline” in Britain’s core tea market
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NewsCity Snapshot: Brexit hits first half trading at C&C Group
Currency volatility and consumer uncertainty after the UK’s vote to leave the EU has hit first half sales and profits at Magners producer C&C Group
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NewsMedia Bites 27 Oct: Selfridges, Mondelez, Coca-Cola
A big capital expenditure programme at its London store held back profits at luxury retailer Selfridges last year even as sales surged.
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NewsPrice rises and volume growth boost global third quarter Coke sales
Coca-Cola has reported 3% organic sales growth in the third quarter, though the strength of the US dollar helped pull headline revenues down 7% to $10.6bn.
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NewsCosta Coffee's food expansion helps boost UK sales
Costa Coffee owner Whitbread has reported an 8.1% rise in first half revenues, partly driven by double-digit UK growth for Costa as it builds its food and artisan coffee credentials.
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NewsPremier Foods shares fall as broker warns of rising costs
Premier Foods shares hit their lowest point since early July today after the Mr Kipling supplier was downgraded by broker Jefferies.
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NewsCity snapshot: UK high street sees largest shop decline since 2012
A rate of 15 stores a day closed on Great Britain’s high streets in the first six months of the year, according to PwC/the Local Data Company. Plus all the rest of the latest news from the City
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NewsMedia Bites 25 Oct: British American Tobacco, UK exports, Stock Spirits
Ratings agencies are eyeing British American Tobacco for a possible credit rating downgrade after the world’s second largest cigarette maker approached US peer Reynolds with a $47bn takeover offer.
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NewsFirst Milk sells CNP Professional sports nutrition brand to The Protein Partners
First Milk has sold its Manchester-based CNP Professional business to The Protein Partners following a strategic review
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NewsCity snapshot: McBride "encouraged" by first quarter progress
Household goods manufacturer McBride has updated the market ahead of its AGM today on an “encouraging” start to its financial year. Plus board changes at Stock Spirits
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NewsMedia Bites 24 Oct: UK GDP, British American Tobacco, Lidl
Britain’s economy has so far shrugged off the impact of the Brexit vote, official figures are expected to reveal this week.
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NewsTesco regains share as Aldi and Lidl growth slows
Tesco is beginning to claw back ground from the discounters as its recovery coincides with some of the worst growth figures of the price war era for Aldi and Lidl
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NewsMüller makes cost savings a major focus as losses reach £106m
Revenues fell 4.2% to £1.34bn in the year to 31 December 2015
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NewsCott and Refresco's UK sales drop as soft drinks face squeeze
Cott’s UK sales fell 7.8% to £266m in the year to 2 January 2015
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NewsHotel Chocolat CEO dismisses need for 'knee-jerk' price rises
Hotel Chocolat CEO Angus Thirlwell has pledged not to instigate ’knee-jerk’ price rises to cope with rising input costs after the post-Brexit plunge in the pound.
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NewsCity snapshot: Hotel Chocolat’s debut annual results show sales and profits growth
Hotel Chocolat has announced a 12% sales boost and a big jump in profitability in its first annual results as a listed company
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NewsMedia Bites 19 Oct: Tesco, Inflation, Groceries Code Adjudicator
The papers focus on the strong grocery market share figures for Tesco release yesterday, giving further weight to the view Dave Lewis turnaround plan is well on track.
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NewsMedia Bites 18 Oct: Cigarette sales, the pound, Graze
Cigarettes are no longer a core product for Britain’s corner shops and small retailers, according to research from the antismoking group ASH.