All articles by Alec Mattinson – Page 199
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Analysis & FeaturesWill the Magnificent Seven lagers thrive in ABI/SAB megabrew?
When the top player in any industry looks to take out its nearest rival, regulatory alarm bells inevitably start to ring
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NewsCity Snapshot: Waitrose weekly sales back on the rise
Waitrose’s weekly sales (excluding petrol) were back up 2.1% in the week to 26 September after slipping for the previous two weeks, plus all the rest of this morning’s news from the City.
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NewsMedia Bites 2 Oct: Mondelez, SABMiller, Cranswick
Mondelez is exploring a sale of its European cheese and grocery business, which could be valued at around $3bn, according Reuters, as it sharpens its focus on snack foods and refreshments.
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NewsCity snapshot: Cranswick's first half revenues top expectations
Pork supplier Cranswick’s first half revenues rise 10% up year-on-year, Britvic confirms Brazilian acquisition, bumper share price rises for the UK supermarkets and all the rest of this morning’s news from the City.
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NewsMedia Bites 1 Oct: Sainsbury's, Tesco, Altria
It’s no surprise that the papers have gone big on Sainsbury’s upgraded profits guidance and subsequent near-14% share price spike.
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NewsSainsbury’s shares soar on profit upgrade
Sainsbury’s shares have risen by more than 13% in early trading this morning after upgrading its full-year profit forecast.
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NewsMoy Park confirms completion of sale to JBS
Norther Irish poultry specialist Moy Park has confirmed it has completed its $1.5bn (£988m) sale to Brazlian meat giant JBS.
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NewsTate & Lyle fined £18m over 2010 EU sugar sale
Tate & Lyle has been fined £18m by London’s Commercial Court over its 2010 sale of its EU sugars business to American Sugar Refining.
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NewsCity snapshot: Crawshaw delivers first half sales and profit growth
Butchery chain Crawshaw Group has reported a 42% first half revenue jump driven by new store openings
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NewsMedia Bites 29 Sep: Aldi, Whole Foods, business rates
Aldi’s annual results and the announcement it will launch a new UK online offering dominate the grocery headlines this morning.
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NewsKellogg continues emerging markets push with Egyptian acquisition
Kellogg’s has expanded its emerging markets footprint with the acquisition of Egypt’s largest cereal company.
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NewsPoundland shares drop on news of falling like-for-likes
Poundland shares plummeted on Thursday morning after it revealed its own like-for-like sales were falling
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NewsCity snapshot: Waitrose sees weekly sales fall
Sales dropped to £120.8m and including petrol this represented a 0.3% fall
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NewsMedia Bites 25 Sep: Poundland, Living wage, Imperial Tobacco
“Poundland rocked by costs as it blames store openings for profit warning”, writes the Daily Mail this morning.
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NewsLactalis Nestlé joint venture makes loss
The yoghurt-focused joint venture between Lactalis and Nestlé has slipped into the red in the UK…
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NewsCity snapshot: Poundland confirms £50m share placing to fund 99p Stores acquisition
Poundland has confirmed its intention to raise £50m through a share placing to help fund the £55p takeover of rival 99p Stores
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NewsMedia Bites 24 Sep: Convenience stores, Tesco, Diageo
Owners of convenience stores across the country are mothballing large capital expenditure projects as they fear the financial impact of the national living wage proposals, according to The Times.
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NewsReal Good Food's shares drop on early year revenue fall
Real Good Food’s share price dropped by 3.8% to its lowest level since mid July after updating the market on its falling early year like-for-like sales this morning.
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News2 Sisters announces £55m ready meals factory revamp
2 Sisters Food Group is to invest £55m to boost its growing ready meals division, including the complete reconstruction of its Pennine Foods factory in Sheffield.
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Category ReportThe OC&C Top 150 index 2015
Own-brand suppliers are growing over three times faster than branded suppliers