All articles by Alec Mattinson – Page 225
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News
World Cup fails to grow food sales
The World Cup could not arrest the decline in food and drinks sales fell in June, according to the BRC-KPMG retail sales monitor.
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News
Morrisons sells Kiddicare for £2m to Endless
Morrisons has sold its underperforming baby goods brand Kiddicare for just 3% of its purchase price.
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News
Aldi and Lidl fortunes revealed in first Rich List
The discounters may be upstart challengers in the UK grocery fight, but the businessmen behind them are anything but…
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News
Imperial Tobacco eyes US acquisitions
Imperial Tobacco is in talks to buy US cigarette brands from Reynolds American and Lorillard if the two agree a merger
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Analysis and Features
Departure of King leaves big shoes to fill
After a rapturous send off at Sainsbury’s AGM this morning, Justin King officially handed over the reins to Mike Coupe after a decade in the hot seat.
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News
Whole Foods’ UK losses increase despite near 30% growth
The UK arm of Whole Foods Market has seen a further increase in annual losses, despite recording a huge growth in sales.
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Analysis and Features
Does SABMiller’s hotel deal pave way for a mega-merger?
The confirmation that the Peroni brewer is to sell off its South African hotels and casino business raises the obviously question – does this make the AB InBev deal more or less likely?
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Analysis and Features
Ocado's move into profit leaves investors uncertain
Investors are still struggling over quite what to make of the online grocer…
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Analysis and Features
Poundland’s progress is more than just froth
The IPO market supposedly has retail indigestion, but if another Poundland came along investors would soon regain their appetite.
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News
Poundland sees further sales boost after strong annual growth
Poundland has reported an 18% first quarter growth in sales this morning after posting double-digit full-year sales and profit growth
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News
Greggs on course for first half profit jump
Greggs expects to post a 40% rise in first half operating profit after sales rose by 3.1%
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News
Morrisons to issue £300m in corporate bonds
Morrisons announced after markets closed on Friday that it had successfully launched £300m in corporate bonds.
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News
Tate & Lyle CEO Javed Ahmed sees pay package drop 50%
The pay package of Tate & Lyle CEO Javed Ahmed has halved following the company’s fall in annual profits and sales…
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Comment and Opinion
Light grilling for Tesco’s board as they stick to their guns
It turned out the roasting of the Tesco board at today’s AGM was more of a light grilling
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Analysis and Features
Feisty investors bite back on executive pay
UK investors are once again making their voices heard over executive pay and bonuses.
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News
Fitch downgrades Tesco's credit rating
Fitch Ratings has followed Moody’s in downgrading Tesco’s credit rating
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Analysis and Features
Co-operative sector hopes numbers will counter bad press
A new report focussed on the UK co-operative market says the sector contributes £37bn to the economy, but many of the UK’s biggest co-ops are finding life tough
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News
Dairy Crest CEO Mark Allen's pay soars by a third
Dairy Crest CEO Mark Allen saw his pay package rise by over a third following the return to bottom line profitability…
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Analysis and Features
Sainsbury's and Netto: If you can't beat them, join them
The major grocery retailers have been scratching their heads for some time over what to do about the rise of the discounters. Sainsbury’s now thinks it has got the answer.
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Analysis and Features
Cash crops 'will help meet global demand for more food'
Cash crop production does not necessarily harm poor economies and communities, a study has claimed…