All articles by Ed Devlin – Page 178
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NewsMedia 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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NewsCity 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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NewsTesco 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 & OpinionTesco’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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NewsMedia 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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NewsCity 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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NewsGreggs 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 & FeaturesCan 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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NewsMedia 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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NewsCity 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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NewsLondon 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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NewsWalkers 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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NewsSainsbury'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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NewsAG 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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NewsMedia 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.
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NewsAldi results: What the analysts say
Aldi announced another set of record results as sales reached £7.7bn, but profits shrank. What did the industry analysts make of it?
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NewsKey Food Ingredients seeks rescue deal as rising dairy costs take their toll
Rising dairy prices have pushed a manufacturer of ghee and Asian sauces into administration, with more than 40 jobs at risk unless a buyer can be found.
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NewsMajestic Wine profit warning 'short term pain' say analysts
The share price plunged as much as 33% in early trading before finishing 23% down at 330p
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NewsMPM sales driven up another 25% by pet pampering trend
The group drove revenues last year thanks to its first foray into TV advertising for the Encore brand
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NewsChristmas turkey dinner saved by Ranjit Singh Boparan deal
‘Chicken king’ Ranjit Singh Boparan rides to the rescue of Bernard Matthews to save Christmas dinner