All articles by Alec Mattinson – Page 211
-
NewsMedia bites 1 May: EU redundancy ruling, Mike Coupe, John Menzies
A number of papers cover the failure of workers at collapsed retailers Woolworths and Ethel Austain to win compensation.
-
NewsCity snapshot: Waitrose sees first quarter sales growth of 0.9%
The fall of Easter in 2014 continues to distort Waitrose’s weekly sales figures, with sales for the week to 25 April up 9.5% year-on-year
-
NewsMedia bites 30 April: Morrisons, British American Tobacco, Napier Brown
Morrisons is to reintroduce staffed express checkouts in stores this week, while British American Tobacco may have to increase its offer for its Brazilian subsidiary.
-
NewsCity snapshot: Consumer confidence at decade-long high
Consumer confidence remains at its highest level in a decade as we head into the final stages of the general election campaign
-
NewsNichols builds out of home presence with Noisy Drinks acquisition
Vimto owner Nichols PLC has acquired a 49% equity stake The Noisy Drinks Co. to enable it to grow its presence in the out of home market across the UK and Europe.
-
NewsMedia bites: Mike Coupe's Egyptian conviction, Walmart, Reckitt Benckiser
The major story this morning is The Times’ scoop that Sainsbury’s boss Mike Coupe has been sentenced to two years in jail by an Egyptian court.
-
NewsCity snapshot: Greggs scraps shares buyback for special dividend
Greggs scraps share buyback scheme despite strong trading, Sainsbury’s fights Mike Coupe Egypt conviction, Thorntons’ sales slump and all the rest of the news from The City
-
NewsDivine Chocolate merges its UK and US businesses
Divine Chocolate, the farmer-owned chocolate company, has merged its UK and USA businesses.
-
NewsDalton Philips gets £4m pay package on Morrisons exit
Former Morrisons CEO Dalton Philips received a £1m annual bonus payment in the supermarket’s last financial year despite escalating losses and plunging sales during the period.
-
NewsWill Naked give Majestic its entrepreneurial fizz back?
Critics of Majestic believe it has become a generic wine warehouse and strayed from its entrepreneurial roots
-
NewsJim McCarthy: Poundland's growth is not dependent on 99p Stores
Poundland’s rate of store openings slowed during the previous financial year, giving it 547 UK stores
-
NewsBrakes Group plans Continental boost by acquiring Davigel
News broke on Wednesday that Brakes is in exclusive talks with Nestlé about acquiring Davigel - a deal that Brakes CEO Ken McMeikan said would, in effect, double its business in France
-
NewsCity snapshot: Nestlé records first quarter growth despite currency impact
Nestlé shrugged off the strength of the Swiss Franc to record better than expected first quarter sales this morning.
-
NewsMedia bites 17 April: Morrisons, Tesco, Unilever
New Morrisons boss David Pott’s decision to cut head office staff and hire in stores is making plenty of headlines this morning.
-
NewsMedia bites 15 April: Poundland, CPI inflation, Phones4u
Most of the papers remark upon Poundland breaking through the £1bn sales barrier yesterday.
-
NewsCity snapshot: Currency movements help Danone to 8.1% Q1 growth
Danone makes a strong start to its financial year, Nestle confirms talks with Brakes Group over frozen division sales and all the rest of the latest news from the City.
-
NewsPoundland sales break through £1bn despite fourth quarter slowdown
Sales at Poundland soard through the £1bn barrier last year after the fixed price discounter achieved an 11.8% revenue boost on a constant currency basis.
-
NewsMedia bites 14 April: Tesco, Morrisons, retail sales
Tesco could post a bigger than expected writedown on its UK supermarkets when it announces its annual results next week, Casper Meijer “forced out” of Morrisons for refusing to relocate to the UK.
-
NewsCity snapshot: Poundland sales up 11.8% as revenues pass £1bn
Poundland achieved an 11.8% revenues boost in the 12 months to 28 March with sales, excluding its Spanish trial, reaching £1.1bn. UK retail sales increased by 3.2% on a like-for-like basis during March, Majestic Wine shares soar plus the all the latest from the City.
-
Analysis & FeaturesCity scepticism doesn't tell the full story of Majestic Wine's Naked takeover
A near 13% share price drop on the announcement of a key acquisition would normally signify the City has given it a firm thumbs down.