All articles by Alec Mattinson – Page 7
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NewsMedia Bites 20 May: Morrisons, Fairtrade, M&S
The French conglomerate Bouygues is seeking to block Morrisons’ £2.5bn deal to sell its petrol forecourts
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NewsCity News: Britvic enjoys double-digit share boost as volumes increase
Robinsons supplier Britvic enjoyed a double-digit boost to its share prices this week
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NewsPremier Foods hails volume growth return
Premier Foods has returned to volume growth and pricing stability, and is now mooting M&A to further boost its branded portfolio
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NewsCity snapshot: GSK exits Haleon with £1.25bn share sale
Pharma giant GSK has exited its investment in its former healthcare arm Haleon after selling off its final stake in the demerged business
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NewsMedia Bites 17 May: Premier Foods, Walmart, Morrisons/lamb
Promotional price cuts to kitchen cupboard staples and the suspension of pension deficit contributions have helped to drive a double-digit rise in annual profits at Premier Foods
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NewsCity snapshot: Premier Foods returns to volume growth after bumper year
Premier Foods has posted a double-digit rise in sales and profits as it gained market share and volumes returned to growth in its fourth quarter
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NewsDiscount Dragon owner Huddled Group plots UK surplus goods ramp-up
The owner of e-commerce brand Discount Dragon is plotting a significant scaling up of its surplus fmcg goods operations to take advantage of booming demand for cheaper branded goods
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NewsMedia Bites 15 May: Greggs, Tesco/Ken Murphy, Brexit borders
Rising wages continue to take a bite out of profit margins at Greggs
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NewsTesco boss Ken Murphy more than doubles his pay to £9.9m
Tesco CEO Ken Murphy saw his pay packet more than double last year to £9.9m as the supermarket’s executive team benefited from hitting performance targets and the vesting of share awards
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NewsCity snapshot: Greggs sales jump in 2024 as it continues to grow store estate
Food-to-go player Greggs has seen another strong uplift in like-for-like sales in the early weeks of 2024 as it continues to grow its store estate
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NewsMedia Bites 13 May: Fever-Tree, Morrisons, apprenticeships
Fever-Tree is teaming up with one of the leading makers of French rosé wine as it seeks to grab a slice of the lucrative spritz market from Aperol
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NewsCity News: AB InBev shows signs of recovery after North America disruption
The world’s largest brewer AB InBev was up this week on hopes it might be emerging from a torrid time in North America
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NewsEthosa raises £230k to strengthen brand
Waterless personal care company Ethosa has raised £230k via crowdfunding to drive growth
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NewsCity snapshot: Ultimate Products sales drop amid weak consumer demand
Household goods manufacturer Ultimate Products has warned that sales have continued to slow following a “disappointing” Spring
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NewsMedia Bites 10 May: John Lewis, Fruugo, Spinneys/Waitrose
John Lewis has shed 3,800 jobs over the past year, as it races to cut costs across its stores
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NewsHome Dough Pizza launches investment drive amid ad agency partnership
Home Dough Pizza, a ‘restaurant quality’ pizza startup with listings across London, has kicked off a drive for new investment to take the brand national
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NewsCity snapshot: Beyond Meat sees 18% sales plunge on weakening plant-based demand
Vegan foods pioneer Beyond Meat saw an 18% plunge in first quarter revenues as demand in the category continues to weaken
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NewsMedia Bites 9 May: BrewDog/James Watt, AB InBev, JD Wetherspoon
James Watt, the founder and chief executive of BrewDog, is stepping down following a turbulent period in charge of one of the country’s most successful and controversial homegrown brands
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News2 Sisters owner Boparan remains £23m in the red despite price hikes
2 Sisters owner Boparan remained £23.1m in the red last year despite a double-digit rise in sales as soaring cost inflation hit the poultry giant’s bottom line
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NewsCity snapshot: Pricing drives growth at AB InBev despite US struggles
The world’s largest brewer AB InBev grew first quarter revenues despite a dip in volumes and ongoing struggles in the US. Plus updates from Henkel, Ahold Delhaize and all the rest of the latest news from the City