All articles by Alec Mattinson – Page 22
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NewsMedia Bites 1 September: Wilko, M&S, Reckitt Benckiser
The owner of HMV is finalising a deal to rescue the majority of Wilko’s operations, salvaging more than 8,000 jobs at the stricken high street retailer
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NewsCity snapshot: Pernod Ricard hails ‘very strong’ annual performance in ‘normalising environment’
Pernod Ricard has posted double-digit annual sales growth despite ‘volatile’ market conditions, while expanding its margins
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NewsMedia Bites 31 Aug: M&S, Wilko, Asda
Marks and Spencer is making a return to the FTSE 100 four years after it dropped out
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NewsMedia Bites 30 Aug: Wilko, Brexit border controls, Marks & Spencer
An Anglo-Canadian bidder for collapsed retailer Wilko has criticised administrators PwC, questioning whether the process was “fair and transparent”
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NewsCity snapshot: UK food inflation continues to decelerate
Annual shop price inflation dropped to 6.9% in August as food inflation continues to decelerate, albeit food price growth remains in double digits
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NewsCity News: Tesco boosted by market share gains and broker endorsement
Britain’s biggest grocer received a double boost this week
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NewsLily’s Kitchen sales build at home and abroad following Nestlé takeover
Premium petfood player Lily’s Kitchen has continued to rapidly build sales following its April 2020 acquisition by Nestlé
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NewsHeineken takes €300m hit to exit Russia
Global brewer Heineken has completed its exit from Russia, incurring a total cumulative loss of €300m on the deal
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NewsCity snapshot: UK consumer confidence improves in August
UK consumer confidence continued to improve in August as falling inflation has boosted economic expectations
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NewsSubway agrees sale to PE group Roark Capital
Global quick service food chain Subway has agreed a sale to US private equity giant Roark Capital in a deal purported to be worth $9.6bn
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NewsCity snapshot: Majority of Wilko stores to close within a week, union warns
The GMB Union has warned its members that the majority of Wilko stores will close within a week after a purchase of the discount retailer fell through
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NewsExponent sells Meadow Foods stake to Fairfax Financial
Private equity player Exponent has sold a ‘significant’ stake in ingredients specialist Meadow Foods to investment group Fairfax Financial
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NewsMedia Bites 23 Aug: Marks & Spencer, Subway, Getir
Marks & Spencer could be promoted to the FTSE 100 after a four-year hiatus as its turnaround finally bears fruit
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NewsCity snapshot: Grocery sales growth slows to lowest level since January
Poor weather and persistent inflation hit volumes throughout July
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NewsMedia Bites 21 Aug: Wilko, Retail sales, Business rates
The boss of one of Britain’s biggest unions said there were “genuine grounds for hope” over the future of Wilko
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NewsM&S shares soar on news of market share growth
Marks & Spencer shares surged to a near four-year highs as its turnaround received a further boost this week
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NewsJamie Oliver's food empire sees strong sales rebound
Jamie Oliver’s food empire saw a strong rebound in sales and profits last year as it prepares to re-enter the UK restaurant space
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NewsCity snapshot: Wet weather dampens UK retail sales in July
UK retail sales fell back last month as wet weather and persistent inflation hit sales volumes
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NewsCity snapshot: Tyson Foods reportedly eyes China poultry exit
US meat giant Tyson Foods is reportedly exploring plans to sell off its China poultry business in the latest case of a multinational fmcg firm looking to sell key assets in the country
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NewsEG Group sells 63 US convenience stores to pay down debt
EG Group has agreed to sell 63 convenience stores to US convenience operator Casey’s to reduce its debt pile