All articles by Alec Mattinson – Page 218
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NewsC&C Group's shares plunge after weak third quarter trading
C&C Group’s shares fell more than 10% in early trading after it cut profits expectations and warned that third quarter trading was below expectations.
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Analysis & FeaturesJust how bad was Morrisons' Christmas trading?
Morrisons’ Christmas numbers were slightly better than expectations, so why did the axe fall on Dalton Philips?
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NewsBakkavor expands US convenience footprint with B. Robert’s Foods acquisition
International food group Bakkavor has built its US ready meals capababilities with the acquisition of North Carolina-based fresh prepared foods manufacturer B. Robert’s Foods.
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NewsSainsbury’s enjoys best Christmas of the big four according to Kantar Worldpanel
Each of the big four experienced a sales decline in the run-up to the Christmas period according to the latest market share figures from Kantar Worldpanel, but Sainsbury’s posted the smallest year-on-year decline of the major supermarkets.
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NewsTesco shares rise on Christmas figures and Lewis' intervention
The supermarkets seldom saw any news that wasn’t bad last year, so it is little surprise that the emergence…
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NewsMoody’s downgrades Tesco credit rating to junk status
Tesco has lost its investment grade credit rating with Moody’s Investors Service after the ratings agency downgraded the supermarket by one notch last night.
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NewsFood growth not enough to save Christmas for M&S
Marks & Spencer shares fell by 3.5% in early trading today despite a 2.8% rise in third quarter food sales after it revealed a slump in general merchandise revenues.
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Analysis & Features2015 remains tough but Sainsbury's will be buoyed by solid Christmas numbers
Sainsbury’s third quarter trading has been dubbed its worst festive period in a decade, but the lower than expected sales fall is more evidence that the supermarkets seem to have avoided the catastrophic festive slump some had predicted.
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Analysis & FeaturesIt's hard to argue with Waitrose's bumper Christmas
The big four might be steeling themselves for a long, tough 2015, but life at the premium end of the grocery market continues to be far more enjoyable.
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Analysis & FeaturesTesco's Christmas trading could prove cause for cautious optimism
With Tesco, Sainsbury’s and M&S all set to report declining sales again this week, the food retailers would be forgiven for fearing this year looks just as grim as 2014.
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NewsAldi sales growth slows down to 'only' 22%
The rampant growth of the discounters has been one of the defining stories of 2014…
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Analysis & FeaturesFood prices in the mults fall for seventh month in a row
The UK’s supermarkets are heading into the vital Christmas period with food price inflation remaining at historic lows…
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Analysis & FeaturesIs the budget end of the grocery market slowing down?
A lot has been made of the “free ride” the mainstream supermarkets have given the discounters over recent months, but today’s Kantar Worldpanel data seems to point to tougher conditions at the value end of the market.
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NewsEach of the big four supermarkets sees market share declines
The UK grocery market has returned to marginal growth as sales picked up driven by pre-Christmas price discounts, according to the latest grocery share figures from Kantar Worldpanel.
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Analysis & FeaturesPastygate seems a long time ago for booming Greggs
As turnaround years go, they rarely come much better than 2014 has proved for Greggs.
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Analysis & FeaturesMarket caution over Sainsbury's takeover rumours is understandable
One of the market’s unwritten rules is that any company subject to takeover rumours will get a nice share price boost.
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NewsWarning on spread of 'unethical' supplier payment schemes
The grocery industry has been warned that aggressive and potentially unethical financial demands…
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NewsTesco shares plummet again following 'shock' profit warning
It’s getting harder to describe a Tesco profit warning as a “shock” these days – but the fourth warning this year…
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Analysis & FeaturesOcado can reflect on a solid 2014 but the fireworks are still to come
Ocado’s growth may have slowed a touch in the fourth quarter, but it seems a little churlish to pick holes in solid figures that show the company surviving the current grocery retail chaos and coping with tough comparables.
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NewsAfrican troubles lead to first half PZ Cussons profits drop
PZ Cussons saw a 4% drop in first half profits, driven by “challenging trading conditions” in Africa and the devaluation of the Nigerian Naira.