All articles by Ed Devlin – Page 183
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Sainsbury's shares survive like-for-like sales decline
The market looked kindly on the like-for-like sales decline at Sainsbury’s this week
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Health Rack shuts stores in rescue deal
Supplements retailer Health Rack has closed five stores outside its North West heartland
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Fiddes Payne management shake-up continues
Departure of FD Robert Moorhouse and commercial director Mark Grahame follows December exit of MD Iain Macpherson
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Dairy Partners profits balloon on back of global pizza boom
Mozzarella and pizza cheese producer Dairy Partners has recorded a more than 11-fold increase in profits
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Tesco to offload Giraffe to Ranjit Boparan
Tesco has agreed to sell Giraffe to 2 Sisters owner Ranjit Boparan as the supermarket continues its strategy of disposing of non-core assets.
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Media Bites 10 June: M&S, Argos, Morrisons, Boots
The M&S annual report and the pay of Marc Bolland and Steve Rowe is poured over; the Q1 sales growth for Argos also features, alongside a management shake up at Boots.
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City snapshot: Iceland slows decline of like-for-like sales
aroIceland has slowed the rate of decline in its like-for-like sales thanks to new initiatives introduced throughout the year. Plus Tesco agrees the sale of Giraffe; and Sainsbury’s CFO John Rogers to take charge of Argos.
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Argos puts in best performance for two years
Home Retail Group has given Sainsbury’s a boost today as it revealed Argos put in its strongest sales growth performance in eight quarters.
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WH Smith shares fall despite Q3 sales rise
Sales at WH Smith have increased 2% in the third quarter thanks to continued growth at the retailer’s travel division.
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Media Bites 8 June: Asda, United Biscuits, Amazon Fresh
Reaction to news that Andy Clarke is preparing to hand over the reigns at Asda; United Biscuits owner is planning London IPO; and more rumours about the timetable for the UK arrival of Amazon Fresh.
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Sainsbury's like-for-like sales fall in Q1
Like-for-like sales tumble 0.8% at Sainsbury’s, with total retail sales up just 0.3%
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Refresco rebrands as it eyes global expansion
Refresco Gerber has rebranded following the successful integration of the Refresco and Gerber juice businesses.
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Conviviality appoints former Carlsberg UK boss as MD of trading division
Lousada was in charge of Carlsberg UK from January 2014 to October 2015
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Media Bites 6 June: Sainsbury's, M&S, Asahi, Diageo, BHS
The weekend was dominated by the fallout of the final collapse of BHS, but there was still room for a preview of the upcoming Sainsbury’s Q1 results.
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City snapshot: Walmart fighting talk sends UK supermarket shares spiralling
Aggressive talk from Asda owner Walmart about plans to turn up the heat in the UK price war sent investors running from supermarket stocks.
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Sainsbury’s CEO Mike Coupe bags bumper bonus
Sainsbury’s boss Mike Coupe’s pay packet has increased 65% to £2.8m in his first full year as CEO thanks to an annual bonus of almost £800k despite profits at the supermarket slumping 14% last year.
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Giles Brook backs Dalston's revamp as it scales up
Dalston’s has also brought in Cawston Press sales director Dan Broughton as MD
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Media Bites 3 June: BHS, PureCircle
As a quiet week for grocery and retail draws to a close, BHS is inevitability in the spotlight this morning after finally collapsing yesterday.
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City snapshot: Dalston Cola attracts investment from Giles Brook
Serial entrepreneur Giles Brook has backed premium soft drinks brand Dalston Cola to help the business scale up
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Tiptree reports record turnover, but profits hit by factory costs
The record turnover of £40.6m in 2015 was driven by growth in the catering and ingredients channels