All articles by Alec Mattinson – Page 6
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NewsCity snapshot: Fever-Tree keeps on target as it gains market share
Fever-Tree has told investors it has continued to gain market share across key regions, ahead of its AGM later this morning
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NewsMedia Bites 6 June: B&M, McDonald’s, WH Smiths
An “elusive” trading update and lack of profit guidance unnerved B&M investors,
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NewsThe Chuckling Cheese Co hits £110k crowdfunding target
Speciality flavoured cheese supplier The Chuckling Cheese Co has raised a six figure sum to grow its brand
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NewsCrosstown Doughnuts agrees sale to Karali Snacks
Artisan doughnut brand Crosstown Doughnuts has secured new growth funding after being sold to Karali Snacks, an arm of former Burger King UK franchisee Karali Group
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NewsCity snapshot: B&M sales and profits rise on new store openings
B&M Bargains owner B&M Europan Value Retail saw an uplift in sales and profits last year, driven by volume growth and new store openings
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NewsMedia Bites 5 June: Asda, Tesco, Ocado
Asda is now the UK’s most expensive supermarket fuel seller, according to an analysis by the RAC motoring organisation
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NewsCity snapshot: mild recovery for retail sales in May as election looms
UK retail sales gained 0.7% in May as rising food sales continue to mitigate weakness in the non-food sector
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NewsMedia Bites 4 April: Marks & Spencer, Sainsbury’s. Getir
Marks and Spencer’s chief executive received the biggest pay package the retailer has awarded in a decade, taking home £4.7mn as the group continued to improve its fortunes
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NewsMarks & Spencer CEO Stuart Machin sees pay rise by £2m
Machin saw his overall pay package rise by more than £2m last year to £4.7m due to a sharp increase in bonuses and share awards
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NewsCity snapshot: MP Evans Group expands palm oil estate with $14m acquisition
Indonesian palm oil producer MP Evans Group has added 1,700 hectares to its estate with the 5% acquisition of its Indonesian subsidiary trading companies
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NewsMedia Bites 3 June: Nestlé, grocery market share, Ocado
The chief executive of Nestlé said feeding ageing populations had become a major priority
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NewsCity News: Pets at Home profits fall amid concern over CMA vet probe
Shareholders were buoyed this week by the petcare retailer holding its forecast for the new financial year, even in the face of a CMA investigation into the vet industry.
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NewsNewlat backtracks to meet £700m Princes asking price
The owner of canned giant Princes struck a £700m deal this week with Newlat as the Italian food group went back on an earlier decision to walk away from the deal
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NewsCity snapshot: Improved weather drives uptick in UK grocery sales
UK supermarket sales remained strong in May, rising 3.3% as shoppers responded to the warmer weather to drive value sales growth to a two-month high
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NewsMedia Bites 31 May: retail footfall, Daylesford Organic, Red Bull
Retail footfall across the UK remains well down on last year as bank holidays and improving weather failed to lure customers
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NewsCity snapshot: UK retail footfall sees biggest bounce back since 2021
Footfall in UK retail destinations saw the strongest rise since 2021 as shoppers returned to the high street
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NewsMedia Bites 29 May: Ocado, Fever-Tree, Online food delivery
Ocado is set to drop out of the FTSE 100 after six years. as it is poised to get booted out when the latest reshuffle takes place in June
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Comment & Opinion£700m for Princes suggests the deal famine could be over
After plenty of twists and turns, Japanese conglomerate Mitsubishi has secured a deal to sell its canned food giant Princes in a deal that augurs well for the long-awaited uptick in food and drink dealmaking to finally take hold
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NewsCity snapshot: Italian food group Newlat buys Princes for £700m
Italian food group Newlat has bought canned food giant Princes from Japanese conglomerate Mitsubishi Corporation in a deal worth £700m
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NewsCity snapshot: wet weather dampens UK retail sales
Retail sales volumes plunged by 2.3% in April as wet weather and cost of living constraints hit activity across the sector