All articles by Ed Devlin – Page 161
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News
Media Bites 21 October: Nestlé, Pernod Ricard, Boots, BHS
In the wake of Marmite-gate and the Unilever pricing spat with Tesco, the papers put Nestlé results in the spotlight.
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News
City snapshot: British American Tobacco proposes $47bn merger with Reynolds
British American Tobacco has announced a $47bn merger offer for its US partner Reynolds to bring together brands such as Lucky Strike, Camel, Dunhill, Pall Mall and Newport.
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News
Media Bites 20 October: Hotel Chocolat, Tesco, Reckitt Benckiser
Luxury chocolate maker Hotel Chocolat received plenty of positive coverage for its maiden full-year results.
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News
City snapshot: Nestlé scales back full-year expectations
Nestlé sales have increased 3.3% to CHF 65.5bn in the past nine months, missing expectations with full-year forecasts revised down
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Comment and Opinion
Is Leadsom export crusade heading for a bloody nose?
The new secretary of state for environment, food & rural affairs enthused about UK food and drink exports rising 6% in the first half of 2016, but not everyone is convinced …
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Analysis and Features
Premier Foods boss back under pressure as sales slump
The September sunshine was blamed for plummeting gravy sales at the Bisto and Oxo supplier
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News
Kellogg's cereal sales flag as consumers seek alternatives
Turnover at the sales and marketing arm of Kellogg’s fell almost £10m to £795.2m in the year to 2 January 2016
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News
Chaucer Food's double-digit growth boosts US expansion plans
Chaucer Food Group has reported double-digit jumps in sales and underlying profits as it gets closer to securing about $70m of new investment in the US.
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News
Media Bites 13 October: Unilever, Premier Foods, Diageo
The price row between Tesco and Unilever is big news today across all the papers.
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News
City snapshot: Price hikes help Unilever grow in stagnant markets but weak pound hurts revenues
Prices hikes have helped Unilever increase underlying sales in the past three months despite falling volumes. Plus, Booker sales leap 13% to £2.5bn in the first half despite tobacco display ban …
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News
Boparan swoops for Ed's Easy Diner chain
2 Sisters owner Ranjit Singh Boparan has acquired 1950s-themed US chain Ed’s Easy Diner in a pre-pack administration to add to his restaurant empire.
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News
Media Bites 11 October: Sainsbury's, AB InBev/SABMiller, Amazon
Sainsbury’s reveals its latest look for the “supermarket of the future”, AB InBev completes it merger with SABMiller, and Amazon is set to open three physical stores in the US.
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News
City snapshot: Premier Foods sales plunge after late summer
Premier Foods’ recovery took a hit in the second quarter as branded grocery sales slumped 12.4%, with customers staying away from Bisto gravy and Oxo stock cubes during a hot September.
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Analysis and Features
Could Tesco's pension deficit derail its impressive recovery?
Tesco revealed its pension deficit ballooned an eye-watering £3.2bn to £5.9bn in the first half, but what does it mean for the turnaround at the supermarket?
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News
Primal Pantry in talks to secure biggest ever funding
Founder Suzie Walker has hired boutique corporate advisory firm Stamford Partners to help with the negotiations
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News
Media Bites 7 October: Walmart, Mars/Wrigley, sterling, Brexit
Asda owner Walmart warned earnings next year would be flat as it pushes online harder. Plus Warren Buffett sells his minority stake in Wrigley to Mars.
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News
City snapshot: Prices rising in ambient grocery
Food prices are finally heading higher in the ambient goods category after two years of deflation in the market, the latest Grocer Price Index has found.
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News
Tesco shares rally as Dave Lewis leads bounceback
fDave Lewis’ declaration that Tesco was officially a business “out of crisis” sparked excitement in the City
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Comment and Opinion
Tesco’s ‘big six’ questions
Dave Lewis hailed its first-half results as proof the retailer was “out of crisis”. Here are the big six questions raised by today’s announcements
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News
Media Bites 5 October: Greggs, deflation, Krispy Kreme
Continued growth at Greggs captured the attention of all the papers this morning as its breakfasts and healthier range fueled further growth.