All articles by Alec Mattinson – Page 228
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Analysis & Features
Imperial Tobacco's US growth is a bold risk
Few doubt that Imperial Tobacco’s US expansion is transformational - whether it’s wholly desirable is more contentious.
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News
Imperial Tobacco buys US brands for £4.2bn after Reynolds/Lorillard merger
Imperial Tobacco is to buy four US cigarette brands and a line of e-cigarettes after the agreement of the merger between US tobacco giants Reynolds and Lorillard today.
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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 & 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 & 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 & 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 & 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 & 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 & 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 & 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…