All articles by Alec Mattinson – Page 189
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NewsShop vacancy rates down in second half of 2015
The fall in vacancies comes as a result of over 800 previously vacant units being reoccupied
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NewsMedia Bites 4 March: BHS, Sainsbury's, Costa Coffee
BHS’ threat to close 40 stores unless it can secure lower rents dominants the papers today.
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NewsAhold and Delhaize boosted by “strong” fourth quarters ahead of merger
European retailers Ahold and Delhaize have both posted improved in fourth quarter revenues ahead of their merger later this year.
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NewsCity Snapshot: Total Produce sees double digit annual growth
Total Produce shares up after double-digit rises in revenues and profitability
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NewsMedia Bites 3 March: Poundland, Argos/Steinhoff, deflation
Poundland boss Jim McCarthy “ready to hand over bargain bucket”, write today’s papers.
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NewsFood ingredients firms Silbury and Portal Foods agree £45m merger
Food ingredients distributor Silbury has agreed to merge with pizza ingredients supplier Portal Foods to create a new £45m company.
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NewsCarrefour buys 36 Spanish hypermarkets from Eroski
Carrefour has extended its footprint in Spain after today announcing the purchase of 36 compact hypermarkets from the Eroski Group.
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NewsBrakes takeover by Sysco will boost its credit quality, says Moody’s
Ratings agency Moody’s has welcomed Sysco’s $3.1bn deal to buy Brakes and put the latter’s rating on review for upgrade because of the debt paid down as part of the deal.
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NewsBrakes to be engine for Sysco Euro drive after $3.1bn buyout
Brakes will continue to operate as a standalone outfit within Sysco, led by CEO Ken McMeikan
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NewsCity snapshot: UK consumer confidence plunges in February
GFK finds consumer confidence has dropped markedly year on year
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NewsMedia Bites 26 Feb: British American Tobacco, Diageo, AB InBev
British American Tobacco has appointed a leading City law firm to investigate bribery allegations
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NewsNew Moy Park owner JBS Global sees UK profits fall 46%
The UK-based beef and pork importer JBS Global (UK) saw revenues rise by 5.9% to £157m in the year to 31 December 2015…
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NewsCurrencies dampen full year performance at British American Tobacco
Currencies wipe out sales progress at BAT but help Henkel to post double-digit revenue growth
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NewsMedia Bites 25 Feb: UK retail, Unilever, Steinhoff
UK retailers are suffering from a New Year hangover after a strong start to the year, according to this morning’s papers
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NewsCity snapshot: Glanbia delivers double-digit earnings rise
Irish food and dairy group Glanbia posts its sixth year of double-digit earnings increases
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NewsMedia Bites 24 Feb: Mars, Brexit, Danone
The major news in the papers this morning is Mars’ recall of Mars, Snickers and Milky Way
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NewsKerry shares up on 2015 revenue and profit growth
Kerry Group share rose by over 4% today after announcing a rise on full year revenues and volumes and predicting further growth in 2016.
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NewsDanone eyes 2016 sales growth on improving European dairy trends
Danone has forecast a rise in 2016 revenues and profits after posting full-year results for 2015 that it described as “solid” and “in line with objectives”.
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NewsCity snapshot: Danone posts “solid” 2015 growth
Danone shares up after posting 4.4% like for like growth, while Kerry Group shares also rise on strong 2015 results
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NewsMedia Bites 23 Feb: Sainsbury's/Home Retail, ABF, Brakes
Sainsbury’s has been given until 18 March to consider whether it will return with a new bid for Home Retail Group,