All articles by Alec Mattinson – Page 54
-
NewsMedia Bites 23 March: McColl’s, Petrol prices, THG
Morrisons has drafted in City advisers as it considers how to contend with the financial struggles of its convenience store partner McColl’s
-
NewsSurging palm oil prices boost profits at MP Evans
Palm oil producer MP Evans has posted a surge in profits in 2021 as the palm oil sector went “from strength to strength” amid spiralling prices
-
NewsCity snapshot: THG names former ITV boss Charles Allen as chairman
THG has appointed former ITV and Compass Group CEO Charles Allen as its new independent non-exec chair. Plus, palm oil producer MP Evans sees profits surge on soaring prices and all the rest of the latest news from the City
-
NewsMedia Bites 21 March: Boots, Lottery, Burger King
Suitors for Boots are to begin meeting with the high street chemist’s management this week as owner Walgreens pushes ahead with a planned £7bn sale
-
NewsCity snapshot: Lindt & Sprüngli CEO to step down
Lindt & Sprüngli has announced Dieter Weisskopf will step down from his current position as group CEO towards the end of the year due to retirement.
-
NewsCity snapshot: Ocado retail sales slow as shoppers return to pre-pandemic habits
Retail revenues at Ocado slowed by 5.7% in the first quarter of its financial year as shopping habits returned backed towards pre-pandemic levels. Plus, Deliveroo losses top £300m as it invests in growth and all the latest news from the City.
-
NewsChocolate startup brings in confectionery heavyweight following Dragons’ investment
Purveyors of hand-made fresh filled chocolates Russell & Atwell have attracted £90k of investment on BBC’s Dragons’ Den and brought in an industry heavy hitter to scale up the business
-
NewsMedia Bites 16 March: Lottery, Imperial Brands, Petrol prices
A need to “rekindle” the National Lottery follows a decade of criticism aimed at Camelot
-
NewsCity snapshot: Camelot set to lose lottery licence as Gambling Commission picks Czech player Allwyn
Camelot is set to lose its licence to run the National Lottery for the first time since its launch in 1994. Plus, Imperial Brands in discussions to dispose of Russian business, Ocado signs Polish supply deal with Auchan, Virgin Wines interims and the rest of the latest news from the City
-
NewsMedia Bites 14 March: Inflation/Food shortages, Morrisons, Ocado
A leading food industry boss has warned that prices will spike by as much as 15% as a result of the war in Ukraine
-
NewsCity News: Greggs reports record sales but looming price rises spook investors
The tills started ringing once again last year at food-to-go stalwart Greggs, but investors wary of soaring inflation
-
Analysis & FeaturesHMRC in new Jaffa Cake VAT row with cake and flapjack brand DuelFuel
Founder Tim Davies says ruling will close his cake startup
-
NewsCity snapshot: Parsley Box raises £5.9m after share price collapse
Baby boomer meals specialist Parsley Box has raised £5.9m through a new share placing to boost growth, with a further £1.1m targeted through an open offer after its share price has collapsed
-
NewsMedia Bites 11 March: John Lewis Partnership, Marks & Spencer, Inflation
John Lewis has restored its partnership bonus and awarded staff 3% of their salary after headline profits recovered
-
NewsCity snapshot: John Lewis restores staff bonus on profits rebound
The John Lewis Partnership has restored its staff bonus as a strong rebound in sales at both John Lewis and Waitrose boosted profits.
-
NewsMedia Bites 9 March: Danone, Russian corporate exodus, Greggs
Danone’s chief executive has defended continuing to operate in Russia despite a western corporate exodus
-
NewsCity snapshot: Greggs bounces back to profit but warns over soaring costs
A busy warning sees return to strong growth, but warn over costs, retail data from , - and Barclaycard, and annual results from and Domino’s Pizza Group.
-
NewsMedia Bites 7 March: Unilever, Ukraine/Russia, John Lewis Partnership
Unilever has agreed to publish more rigorous data on the content of its food products after facing a revolt by shareholders
-
NewsCity News: McColl’s shares collapse after confirmation of rescue talks
Shares in beleaguered newsagent chain McColl’s crashed yet further this week after it confirmed it was in emergency talks with lenders to raise funds to avoid collapse
-
NewsCity Snapshot: February storms fail to dampen footfall
Total UK footfall increased by 2.2 percentage points in February compared to the previous month as the return to the office and normal life boosted shopper numbers despite stormy weather.