All articles by Alec Mattinson – Page 198
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NewsMetro Group sees 1.5% full year like-for-like growth
German retailer Metro Group recorded a 1.5% rise in like-for-like sales in the year to 30 September.
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InterviewsJan Kruise: Heinz doesn't just mean cutz
UK & Ireland MD Jan Kruise is full of beans over the change in emphasis at Heinz, and insists it’s working
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NewsKP losses up in first year with Intersnack
Losses have escalated at KP Snacks in its first full year under the ownership of Germany’s Intersnack
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NewsInnocent UK slumps but EU revenues soar
Operating profits have slumped by more than 20% at Innocent as the smoothie maker battles tough conditions in the UK chilled juice sector.
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NewsMedia Bites 15 Oct: Walmart, M&S, Sainsbury's
Walmart shares dived 10% yesterday in the US after the world’s biggest retailer issued a profits warning.
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NewsCity snapshot: Tesco agrees £250m property sites sale
Tesco has agreed the sale of fourteen Spenhill development sites for £250m
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NewsDiageo sells Blossom Hill and Piat d'Or to Treasury Wine Estates
Diageo has agreed sale of its UK and US wine businesses – including Blossom Hill and Piat d’Or – to Australia’s Treasury Wine Estates for $552m.
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NewsCity snapshot: Diageo sells wine portfolio to Treasury Wine Estates
Diageo has agreed sale of its major wine interests to Australia’s Treasury Wine Estates for $552m
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NewsMedia Bites 14 Oct: Megabrew, Asda, Business rates
The papers are lining up with their takes on the creation of ‘Megabrew’ after AB InBev agreed terms on a deal to buy rival SABMiller.
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NewsSABMiller and AB InBev agree £68bn takeover
SABMiller and AB InBev have agreed terms for the fmcg sector’s largest ever takeover after AB InBev raised its offer for the London-listed SAB to £44 per share.
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NewsMedia Bites 13 Oct: SABMiller/AB InBev, Tesco, Retail sales
All the papers feature AB InBev’s improved £43.50 per share offer for SABMiller.
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NewsCity Snapshot: SABMiller and AB InBev agree £44 per share deal
SABMiller has announced this morning it has agreed a £44 per share cash deal with AB InBev worth around £70bn.
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Analysis & FeaturesSupermarket price deflation at 2% with no sign of easing
The deflation gripping the UK grocery sector shows little sign of easing
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NewsSABMiller ratchets up cost-savings to bolster AB InBev defence
SABMiller has more than doubled its targeted cost savings over the next five years in latest move in the escalating takeover battle with AB InBev.
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NewsDave Lewis buys Tesco shares after critics question lack of investment
Earlier this week Sky News claimed Tesco has been in secret talks with the SFO about a deal to settle a criminal probe
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NewsMedia Bites 8 October: Tesco, SABMiller/AB InBev, Poundland
Tesco’s first half results and the SABMiller/AB InBev takeover saga and dominate the papers this morning.
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NewsCity snapshot: Tate & Lyle reaffirms guidance after “encouraging” six months
Tate & Lyle has reaffirmed its full year earnings guidance in a six month trading statement this morning
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NewsTesco’s first half profits halve as sales stabilise
Tesco’s first half reported opperating profits fell by more than half from £779m to £354m, but CEO Dave Lewis has hailed the “sustained improvement” in its trading performance.
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NewsSABMiller reports “strong growth” amid bid rejection reports
SABMiller has issued a first half trading update today detailing its continuing growth in South America and Africa as media reports suggests AB InBev’s initial offer has been rebuffed.
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NewsMenu revamp helps drive Greggs’ third quarter sales up 4.9%
Like for like sales for the first three quarters are now 5.6% up year-on-year