All articles by Ed Devlin – Page 173
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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 & 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 & 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.
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News
City snapshot: Tesco recovery on track as sales rise 3.3%
Tesco will set out further plans later this morning for the next stage of its recovery after a third straight quarter of like-for-like sales growth
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News
Greggs faces rising costs as pound plunges
Greggs has warned of mounting pressures on food prices as the fallout from Brexit continues to weaken the pound and labour costs rise.
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Analysis & Features
Can 2 Sisters make Bernard Matthews bootiful again?
As one of Britain’s most tarnished brands is gobbled up by poultry giant 2 Sisters, we answer the key questions about the deal
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News
Media Bites 3 October: Tesco, Samworth Brothers, craft brewers
Tesco is in the media spotlight once again over its accounting irregularities as it prepares to file half-year results later in the week.
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News
City snapshot: Tesco faces lawsuit from investors
Tesco is set to be sued by a group of large investors who claim to have lost £150m because of the accounting scandal at the supermarket. It comes as the retailer is expected to release healthy results on Wednesday.
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News
London Crisp Company in second crowdfunding bid
The London Crisp Company has returned to the crowd for another £100,000 after winning listings in Tesco, Waitrose and Asda
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News
Walkers feels the heat from rivals' baked snacks and popcorn
Rivals’ baked snacks and popcorn have taken a bite out of revenues at Walkers
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News
Sainsbury's investors face more misery as like-for-likes fall
A second consecutive quarter of declining like-for-like sales at Sainsbury’s resulted in more misery for investors
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News
AG Barr sales lose fizz in challenging grocery environment
Falling prices, changing consumer tastes and a disappointing summer have combined to hit revenues at Irn-Bru maker AG Barr.
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News
Media Bites 27 September: Aldi, Sainsbury's, beer, Coca-Cola
Aldi’s financial performance in 2015 receives blanket coverage in this morning’s papers. Sainsbury’s new one-hour delivery trial in London and the latest on the possible merger of Coca-Cola’s Asian bottlers also get a look in.