All articles by Ed Devlin – Page 170
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News
City snapshot: Greene King sales fizz but boss worries about Brexit impact
Revenues at Greene King have risen 58% to £2.1bn in a “transformational” year for the brewer and pub group in which it acquired the Spirit Pub Company
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News
Brexit: no immediate impact on grocery sales, say Kantar and Nielsen
Precedent suggests there won’t be a significant impact, experts say
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News
Ocado sales increase but still no overseas deal on the horizon
Ocado first-half revenues rise 15.1% to £584.2m but there is still shows no sign of a long-awaited deal with an international partner
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News
Grocery market goes into decline for first time in 2016
Sales were down 0.2% in the 12 weeks to 19 June, Kantar Worldpanel data shows
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News
Media Bites 28 June: Brexit, BHS, GCA, Nestle, Pepsi
Brexit continues to be the main focus for the papers as the pound fell to a new 31-year low against the dollar yesterday.
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Analysis and Features
Tesco ends disposals chapter as Caffè Nero buys Harris & Hoole
Tesco has offloaded its Harris & Hoole coffee chain to Caffè Nero, marking the end of the second chapter of its turnaroud according to CEO Dave Lewis.
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News
Tesco like-for-like growth impresses investors
Two successive quarters of like-for-like growth at Tesco got investors on board as CEO Dave Lewis’ efforts to turn the supertanker around continued to show progress.
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News
Charlie Bigham's sales growth accelerates
Posh ready meal supplier Charlie Bigham’s has accelerated its rapid growth with sales racing 28% higher to £37.8m.
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News
City snapshot: Chancellor calms markets in wake of Brexit
Chancellor George Osborne has warned that it is “inevitable” that the UK economy will have to adjust in the wake of Brexit but said there will be no immediate emergency Budget.
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News
Media Bites 27 June: Brexit, Ocado, Innocent, Walmart, B&M, Warburtons
Unsurprisingly, the papers are dominated by the vote for Brexit and the fallout of EU referendum as City economists warn that Brexit vote will plunge UK into a new recession.
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News
Brexit leaves Poundland potential takeover in the balance
South African retail giant Steinhoff is weighing up whether to make a bid for Poundland in the wake of Brexit.
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News
City snapshot: Brexit vote sends grocery stocks plummeting
Grocery stocks have plunged by up to 30% so far this morning as world stock markets went into freefall and the pound tumbled to a 30-year low after Britain voted to leave the European Union.
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News
Media Bites 24 June: Tesco, BHS, M&S
Tesco quarter one results dominate the business pages this morning, with the supermarket attributing its second straight quarter of sales growth in part to its fresh farm food range.
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News
Simsons Fisheries thrown a lifeline in rescue deal
Seafood supplier Simsons Fisheries has snapped up out of administration by rival business James Knight of Mayfair, saving the jobs of all the staff.
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News
Holland & Barrett sales and profits soar
The retailer has demanded a reduction in costs of at least 5% to help fund its ambitious expansion plans
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News
Zenith Hygiene acquires CCL Pentasol
Zenith Hygiene Group has agreed to acquire chemical manufacturer CCL Pentasol to break into new markets in the food, drink and dairy industries.
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News
Media Bites 22 June: My Local, Brexit, Stock Spirits, Whitbread
Convenience store chain My Local has filed notice to appoint administrators just nine months after being created from Morrison’s cast-offs; and your favourite supermarket could reveal which side will win your vote in the EU referendum.
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News
City snapshot: My Local on the verge of administration
My Local has reportedly filed a notice of intention to appoint KPMG as administrator, putting more than 2,000 jobs at risk in the process.
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News
Exporters on alert in build-up to Brexit vote
Food and drink exporters have expressed grave concerns about the impact a Brexit would have on overseas business
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News
Tesco sells Dobbies for £217m in cash
Sale comes a week after the supermarket agreed to offload the Giraffe restaurant chain to Ranjit Boparan