All articles by Alec Mattinson – Page 209
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Analysis & Features
TPG Poundworld deal piles the pressure on all retailers
Takeover is yet more recognition of sector’s growing popularity
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News
City snapshot: Waitrose sales edge up as customers shift to summer products
Total sales edged up by just 0.1% at Waitrose in the week to 16 May, the CMA raises more concerns over Reckitt Benckiser’s takeover of KY and all the rest of the news from the City.
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News
Media bites 22 May: Booker, Tesco, SSP
Booker is “going head-to-head with the discounters and the Big Four grocers” after buying Budgens and Londis.
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News
Media Bites 21 May: Marks & Spencer, Premier Foods, Greencore
The papers are predictably dominated by Marks & Spencer’s return to annual profit growth yesterday, with chief executive Mark Bolland’s position suddenly looking more secure
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News
City Snapshot: Booker to buy Londis and Budgens
Booker has signed a deal with Musgrave to buy its Londis and Budgens chains in the UK for £40m, plus Dairy Crest’s annual profits collapse, Booker’s full-year results and the rest of today’s news from the City
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Comment & Opinion
Asda plays the long game
If Asda CEO Andy Clarke needed a little literary inspiration before facing the nation’s press today, a phrase or two from Rudyard Kipling
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News
Booming food to go sales boost Greencore's first half trading
Convenience food group Greencore shrugged off the tough grocery market conditions to report a 3.2% revenue rise in the six months to 27 March.
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News
Media bites 19 May: GCA, Thorntons, Cranswick
Officials at the watchdog set up by the Government to oversee the supermarket industry spent at least a year battling with Whitehall to get powers to impose fines on grocers for misconduct, according to The Independent.
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News
City Snapshot: Sales trends improve at Premier Foods
Branded sales at Premier Foods (PFD) have showed their fourth successive quarter of sequential improvement, but overall full-year revenues fell 4.5%…
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News
Wonderful Brands buys Pomegreat from administration
Wonderful Brands has purchased the assets of the Simply Great Juice Company from administration.
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News
Cranswick profits up 10% as annual revenues edge past £1bn
Underlying pre-tax profit at pork supplier Cranswick was up 10.6% for the year ended 31 March, boosted by growing exports and strong sales of sausages and bacon.
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Analysis & Features
Grocer Price Index: Prices start to recover at big four
Has grocery price deflation run its course? Last month, supermarket prices fell by their lowest amount so far in 2015.
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News
Bright Food secures 40% remainder of Lion's Weetabix share
The remaining 40% stake has been bought up by Bright Food, with the intention - it is believed - of re-selling it to Hong Kong-based Baring Private Equity Asia
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News
SABMiller enters UK's growing craft beer sector with Meantime acquisition
SABMiller is entering the craft beer market with the purchase of London-based brewer Meantime.
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News
Metcalfe's Skinny demerger from Itsu triggers speculation
Metcalfe’s Skinny is to split from parent company Metcalfe’s Food on 1 June, The Grocer can reveal, with the parent company changing its name to Itsu Grocery
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News
City snapshot: SABMiller acquires craft brewer Meantime
SABMiller has agreed a deal to buy to London-based modern craft brewer Meantime Brewing Company, Coca-Cola HBC reports strong volume growth and all the rest of the latest news from the City.
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News
Media Bites 15 May: The Co-op, Poundworld, M&S
A row “threatening to tear apart the already battered co-operative movement” is set to be defused today with the Co-op Group board reaching a last minute compromise over its new board.
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News
TPG snaps up majority stake in Poundworld
US investment firm TPG has confirmed today it has bought a majority stake in UK fixed price discounter Poundworld.
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News
Media Bites 14 May: The Co-op, SABMiller, supermarket wines
The Co-operative Group has said that votes for election to its members’ council have been miscounted
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News
City snapshot: Beer revenues up 9% at Marston's
carBrewing revenues were up 9% for Hobgoblin and Pedigree maker Marston’s in the first half, strong food sales drive Mitchells & Butlers first half revenues and all the rest of the news from the City.