All articles by Ed Devlin – Page 165
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News
City snapshot: Sweet Christmas for Hotel Chocolat as shoppers spend more on gifts
Hotel Chocolat sales leapt 16.2% in the 13 weeks to 25 December as customers spent more money on higher priced gifts for Christmas
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News
Mash Direct profits boost as awareness outside of Northern Ireland grows
Northern Irish convenience food manufacturer Mash Direct has increased profits five-fold thanks to a rise in sales driven by growing consumer awareness of the brand outside its domestic market.
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News
Media Bites 13 December: Tesco, M&S, Primark, John Lewis, Waitrose
‘Super Thursday’ provides the papers plenty to chew over, with most of the Christmas trading updates finding space on the page.
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News
City snapshot: Kerry pastry deal boosts Addo Food Group
Sales and profitability have soared at Addo Food Group after it turned around the performance of the chilled savoury pastry business acquired from Kerry Foods in August 2014.
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News
Suppliers in distress as mults enjoy recovery, says report
The recovery of the supermarkets has piled increasing pressure on the supply chain
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News
Addo Food Group profits soar as it turns around Kerry pastries
Sales and profitability have soared at Addo Food Group after it turned around the Kerry chilled savoury pastry business
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News
Marks & Spencer Christmas results: what the analysts say
M&S reported better-than-expected results over Christmas, with group sales up 5.9% in the 13 weeks to 31 December. But what did the analysts and retail watchers maker of it?
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News
Poundstretcher sales and profits decline as estate shrinks
The business, owned by the Tayub brothers’ Crown Crest Group, closed 30 shops in the year to 31 March 2016 as part of its expansion strategy to more modern, larger sites.
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News
Media Bites 11 January: Morrisons, Premier Foods, Kantar, Majestic Wine, Spar
A Christmas cracker of a performance from Morrisons dominates the papers this morning, with room to report on price hikes at Premier Food, the return of inflation, a record Christmas at Majestic Wine and an upturn in sales at Spar.
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News
City snapshot: 'Good' Christmas for Sainsbury's as sales creep higher
Sainsbury’s hailed a “good” Christmas performance as sales in the 15 weeks to 7 January rose 0.8%, with like-for-like sales nudging up 0.1%
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News
PureCircle shares sweeten 10% as shipments released by US Customs
The stevia producer said in a short statement to the London Stock Exchange that the consignments had been released after an extensive review of detailed documentation provided by PureCircle.
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News
Cotswold Raw dog food start-up seeks £250k from crowd
Premium dog food start up Cotswold Raw is chasing £250,000 from the crowd to expand its range, increase production and develop a cat recipe to double its customer base.
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News
Mars expands veterinary presence in $9.1bn VCA acquisition
Food giant Mars has swooped to expand its pet care business with the $9.1bn acquisition of VCA.
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News
Majestic Wine celebrates best ever Christmas
Majestic Wine has reported a bumper Christmas for its retail stores, with like-for-like sales jumping 7.5% – its best ever festive performance.
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News
Suppliers under more pressure despite recovery at supermarkets
The recovery of the supermarkets has piled increasing pressure on the supply chain, with almost 6,000 food suppliers experiencing increased levels of financial distress, according to recovery firm Begbies Traynor.
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News
Media Bites 10 January: Aldi, Tesco, Mars, McDonald's
A Christmas update from Aldi was under the spotlight in this morning’s papers, along with Tesco’s restructuring plans, a Mars veterinary deal and McDonald’s exiting China.
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News
City snapshot: Morrisons sales grow at fastest pace for seven years
Morrisons has upgraded full-year profit expectations after recording its strongest performance for seven years
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News
Poundworld slips to a loss as it invests in growth
Poundworld has fallen into the red despite sales growing another £40m last year as new private equity owner TPG Capital invested in future growth.
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News
Record year for Direct Food Ingredients
Direct Food Ingredients has increased sales 29% to a record £17.6m in 2016 thanks to the expansion of its client business and the introduction of new product ranges.
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Analysis & Features
"Well positioned" B&M benefits from Christmas momentum
As general retailers suffered this week on a gloomy outlook for 2017, the City rushed to grab a piece of B&M European Value Retail, with discounters seen as a safe haven in uncertain times.