All articles by Andrew Don – Page 21
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Single buyer unlikely for Blakemore depots
The wholesaler this week confirmed plans to sell its cash & carries, eight months after the story first emerged.
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Conviviality franchisees still in the dark about their future
Despite parent company Conviviality falling into administration, the retail business continued to trade as a going concern
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Roger Bannister takes over as interim CEO at the GLAA
Bannister retired as a police officer this month after 30 years
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Grocer 33
Tesco Superstore, Perth: Grocer 33 store of the week
‘Scotland is changing its licensing laws on unit pricing next month so wines and spirits sold very well over the bank holiday
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City snapshot: Conviviality confirms C&C Group wholesale deal
Conviviality put out a statement after hours confirming it had sold its Conviviality Direct business to C&C Group after putting the division into administration with PWC. Plus, Ahold Delhaize CEO to step down and all the latest news from the City.
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Media Bites 5 April: Conviviality, Grocery market share, Accolade Wines
The events around Conviviality, not surprisingly, attracts widespread coverage this morning as C&C Group buys its wholesale business from administration.
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Acas publishes new guidance on agency workers' rights
The new guide comes after the Acas helpline identified that at least one in four callers were not paid properly…
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C&C Group in talks to buy Conviviality's Matthew Clark and Bibendum
C&C Group, with the support of AB InBev, is in advanced talks to buy Matthew Clark and Bibendum from stricken Conviviality for a nominal sum.
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Media Bites 4 April: Conviviality, Shop prices, Young’s Seafood
Chinese private equity firm ZQ Capital is front runner to buy Conviviality, according to the Daily Mail, with ZQ likely to bid for the whole group.
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Co-op to switch own-label water to recycled plastic bottles
The plastic is ‘cloudier’ than traditional water bottles but could save 350 tonnes of plastic annually
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Europe-wide grocery spend surges as inflation bites
The amount Europeans spent on groceries climbed 4.4% in the final quarter of 2017 – the highest rise since early 2012, Nielsen’s latest retail performance data reveals.
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Media Bites 3 April: Conviviality, Bank Holiday footfall, Westmorland
Conviviality investors are mulling suing the board amid claims the directors misled them about the health of the sprawling drinks business’s finances, reports The Times.
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Refresco-Cott merger greenlit following offer to sell plant
The latest categorical acceptance means the CMA will not refer the merger for an in-depth investigation
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RGF finds temporary cashflow solution as shareholders step in
Three of the company’s major shareholders have provided up to £4m in the form of a draw-down loan note facility
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Constellation Brands fourth-quarter sales exceed estimates
The company said its beer portfolio was the number one growth contributor to the US beer market
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Media Bites 29 March: Conviviality, Reckitt Benckiser, Coca-Cola
Bargain Booze and Wine Rack owner Conviviality has failed to raise £125m required to resolve its cash crisis
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City snapshot: Conviviality files notice to appoint administrators
Conviviality has announced the board intends to appoint administrators within 10 business days, GfK’s Consumer Confidence Index increased three points in March and all the other news from the City
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KFC still dealing with availability fallout
Some restaurants this week remained closed while others were operating from a limited menu
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US spice giant McCormick reports 'great start' to 2018
Net Q1 sales rose 19.2% from $1.04bn (£739m) to $1.24bn (£876m), reported chariman, president and CEO Lawrence Kurzius
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City snapshot: UK to introduce deposit return scheme
Michael Gove has said a deposit return scheme (DRS) will be introduced in the UK, Hilton Food Group sees profits rise, Real Good Food temporarily resolves cashflow pressures and all the other news from the City