All articles by Ed Devlin – Page 175
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NewsMajestic Wine recovery on track despite plunging into the red
Majestic Wine insisted its turnaround strategy is working despite swinging to a loss in the first half, with the wine retailer at the “tipping point” of transforming growing sales into profits.
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NewsMorrisons widens Amazon partnership with Prime Now store-pick service
Amazon Prime customers can now order a full Morrisons shop via the Prime Now app
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NewsCranswick makes move into Northern Ireland with Dunbia deal
Cranswick has snapped up the pork business of Northern Irish meat giant Dunbia for an undisclosed cash sum
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NewsMedia Bites 16 November: Tesco, Premier Foods, B&M, BAT
The latest Kantar Worldpanel data, Premier Foods and B&M results, and the latest on the British American Tobacco offer for Reynolds all get a showing today.
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NewsPremier Foods looks to home advantage to battle price rises
CEO Gavin Darby said the Mr Kipling and Bisto maker was a different proposition to its multinational rivals thanks to 95% of its range being manufactured in the UK.
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NewsB&M Bargains profits from rapid store expansion but prices to rise
B&M Bargains warns prices in store are likely to rise in 2017 because of the slump in the value of sterling as sourcing from China gets more expensive.
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NewsDiscounter growth falls to lowest level for five years
Growth at Aldi and Lidl has slowed to the lowest level since the end of 2011 as Tesco and Morrisons have started to make steady recoveries, according to Nielsen retail performance data.
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NewsCity snapshot: Premier Foods sales and profits fall
Premier Foods recovery came to a halt in the first half as sales stalled and profits fell as unseasonably warm weather turned customers away from its gravy, stocks and puddings
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NewsCity snapshot: Inflation rears its head but prices remain soft in most categories
Inflationary pressures are building as big suppliers negotiate with supermarkets for price hikes but deflation still persists, the latest Grocer Price Index reveals.
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NewsSainsbury's shares slump again as it reports 10% profit drop
Sainsbury’s remained behind its listed rivals this week
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NewsCoca-Cola European Partners appoints new CEO as bottler returns to growth
European bottling giant Coca-Cola European Partners has grown sales as the classic Coke brand returned to growth. It comes as the group appoints a new CEO.
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NewsMedia Bites 10 November: Sainsbury's
The papers manage to find room to squeeze in reports of Sainsbury’s latest results amid all the coverage of the US presidential election.
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NewsCity snapshot: Dairy Crest profits rise after dairies sell off
Dairy Crest CEO Mark Allen hailed the first set of results since the sale of its milk business to Muller as profits rose 19% on higher volumes of its cheese and butter brands
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NewsAssociated British Foods prices to rise as pound drives up costs
Associated British Foods is weighing up price rises for its basket of grocery products to ease the pressures of rising costs.
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NewsMarks & Spencer bets big on food: what the analysts say
Retailer set to close 60 clothing and home stores and focus on food in business turnaround
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NewsMedia Bites 8 November: Tesco Bank, Fever-Tree, Sainsbury's
A cyber fraud attack at Tesco falls under the spotlight this morning as the supermarket admitted 40,000 customers had been affected by an online heist over the weekend. Plus, Fever-Tree upgrades profits again and Sainsbury’s poaches Poundland’s boss as its new CFO.
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NewsCity snapshot: Marks & Spencer pins turnaround hopes on food
Marks & Spencer is planning to accelerate the rollout of its food stores and reduce its clothing offer as it seeks to turn around the struggling business and rebuild profits
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NewsPhrooti seeks £150k to launch sugar-free fruit water
Sugar free fruit tea brand Phrooti is pitching for £150,000 in a crowdfunding campaign to launch a new range of bottled waters.
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NewsGousto investors pump another £10m into recipe kit growth
Existing backers BGF Ventures, Unilever Ventures, MMC Ventures and the Angel Co-Fund all contributed to the latest round
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NewsMedia Bites 4 November: Morrisons, Tate & Lyle, Marks & Spencer
Amid all the excitement over the High Court ruling that the triggering of Article 50 must be debated by Parliament, the papers still find room to take a look at Morrisons’ positive third quarter results.