All articles by Alec Mattinson – Page 183
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NewsMedia Bites 7 April: Sainsbury's, Waitrose, Reckitt Benckiser
Sainsbury’s is reportedly ditching its Brand Match promotion later this month as it prepares to cut more prices on everyday products.
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NewsCo-op’s full year food like for like sales up by 1.6%
The Co-op said its core convenience business grew ahead of the market after investment in price and products
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NewsProfits edge down at BrewDog after year of big investments
Self-styled “punk” brewer BrewDog has reported a 51% rise in revenues in 2015, but profits edged down after overheads almost doubled.
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NewsEarly Easter boosts supermarket sales in latest Kantar figures
Kantar said the early Easter gave the market a sales boost of £152m
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NewsMedia Bites 5 April: M&S, Reckitt Benckiser, Ocado
The new chief executive of Marks & Spencer Steve Rowe will retain personal control of the troubled clothing division
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NewsReckitt Benckiser boss Rakesh Kapoor bags £23m pay package
Kapoor’s overall pay award rose from £12.8m in 2014 to £23.2m in 2015
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NewsPets Corner becomes UK’s second largest pet chain with £6m PamPurredPets deal
Pets Corner has grown its store estate by 51 outlets to become the UK’s second largest pet chain after buying competitor PamPurredPets for £6m.
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NewsOcado moves closer to US deal
The Times reports Ocado has hired Mace to “advise it on how it should it make its American debut”
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NewsMedia Bites 4 April: M&S, Ocado, Premier Foods
New Marks & Spencer boss Steve Rowe “faces a baptism of fire” on Thursday as it is set to announce a slump in clothing sales.
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NewsMcCormick and Nissin step up pursuit of UK's Premier Foods
Premier Foods is locked in a tug of war between international food giants McCormick and Nissin
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NewsCity snapshot: Fourth quarter like for likes down 2.5% at Booker
Tobacco sales continued to be adversely impacted by the ban on small store display
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NewsMedia Bites 31 March: Premier Foods, Metro, Aldi
Premier Foods agrees to engage with US bidder McCormick despite knocking back its latest 65p per share offer.
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NewsMetro announces demerger plan to spin-off food business
German retail giant Metro Group has announced a de-merger plan to create two distinct companies and separate its food and consumer electronics businesses.
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NewsPremier Foods rebuffs latest McCormick offer but agrees to open talks
Premier Foods (PFD) has said McCormick’s latest 65p per share takeover proposal “continues to undervalue” the firm, but has agreed to engage with the US food group over its bid.
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NewsNissin ups its Premier Foods stake as McCormick increases offer
The new share purchase means Nissin has now spent £103.4m buying up Premier Foods shares
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NewsHovis retains Premier Foods’ “support and confidence” despite write-down
Premier says it intends to retain its 49% stake in the venture
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NewsStandard Life Investments hits out at timing of Nissin’s Premier Foods share deal
Standard Life Investments called on the Mr Kipling maker to engage with prospective bidder McCormick
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Analysis and FeaturesNissin partnership three years in making
Premier began a concerted search for an international partner as far back as summer 2013
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NewsMcCormick “disappointed” by Premier Foods' board but moots higher bid
US food giant McCormick has released a statement criticising the Premier Foods board for denying shareholders the “opportunity to consider McCormick’s highly attractive cash offer”.
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Comment and OpinionPremier Foods is smart to think twice about McCormick offer
You might expect news of an approach from an international food giant to be welcomed by Premier Foods’ board