All articles by Alec Mattinson – Page 226
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Analysis and Features
Supermarkets jostling to avoid a ‘race to the bottom’
The supermarket price wars are a “race to the bottom” that “could deter future investors”, according to a newly released white paper on retail trends.
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Analysis and Features
Premier Foods looks to power ahead
Premier Foods’ mammoth restructuring effort looks to be nearing the end after it spun off another non-core business.
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News
Premier Foods reports falling sales of power brands
Preimer Foods has announced a fall in sales on some of its key lines…
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Analysis and Features
Moody’s downgrade won’t hurt Tesco too much
The downgrade of Tesco’s long-term debt ratings by Moody’s was widely reported to have heaped further pressure on CEO Philip Clarke
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Analysis and Features
Are grocers sorely lacking in shareholder perks?
Marks & Spencer is planning to overhaul its shareholder incentive package to try and soften the blow of tumbling sales, according to The Daily Telegraph
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News
Iceland pledges to open 40 stores as it reports flat like-for-likes
Iceland intends to open 40 new stores and create 1,250 jobs as it continues its investment strategy…
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News
Tesco's credit rating downgraded by Moody's
Tesco has had its credit rating downgraded by Moody’s amid poor sales performance and a tough outlook for the sector.
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News
Restructuring costs hit Boparan despite sales increase
Boparan Holdings, parent company of 2 Sisters Food Group, has reported a third quarter loss of £28.6m…
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Analysis and Features
B&M Bargains proves IPO market is still open for some
The IPO window was supposed to be slamming shut, but it seems no one told B&M Bargains.
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News
Japan Tobacco buys British maker of E-Lites
Japan Tobacco has agreed to acquire UK e-cigarettes maker Zandera for an undisclosed sum…
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News
B&M Bargain valued at £2.7bn after pricing IPO
Discount retailer B&M Bargains will be worth £2.7bn when it floats on the London stock exchange next week…
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Analysis and Features
Sainsbury's figures are no cause for panic, but tougher tests await
With the World Cup starting tomorrow, it seemed rather appropriate that one industry insider this week spoke of the “hospital pass” Dalton Philips received at Morrisons from his predecessor
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Analysis and Features
Grocers face stark choices amid falling food sales
The UK economy may be kicking back into gear, but it seems no one told food retailers.
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News
BRC records first ever three-month fall in food sales
The British Retail Consortium finds growing “polarisation” between food and non-food retail sales
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News
Imperial Tobacco to float Logista in Spain
Imperial Tobacco is to float its European logistics division Logista…
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Analysis and Features
Investors draw new lines on executive pay
It may not quite have reached the level of vitriol attached to bankers’ bonuses, but investor anger has been steadily intensifying on the pay of those in charge of the UK’s largest retailers.
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News
Sir Ken blasts Dalton Philips at Morrisons AGM
Morrisons chief executive Dalton Philips and outgoing chairman Sir Ian Gibson were subjected to a pointed attack from former chairman Sir Ken Morrison.
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Comment and Opinion
Tesco feels the pain of 'self-inflicted measures'
Investors must be concerned about the lack of clarity over when Tesco expects its strategy to bring returns.
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News
Tesco creates two exec roles to reflect multichannel focus
Tesco has created two new roles to sit on its executive committee…
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Comment and Opinion
Testing times for Tesco
Never mind what this week’s figures reval, Tesco is still a fundamentally strong business.