All articles by Ed Devlin – Page 188
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NewsMedia 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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NewsCity 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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NewsArgos 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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NewsWH 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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NewsMedia 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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NewsSainsbury'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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NewsRefresco 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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NewsConviviality 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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NewsMedia 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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NewsCity 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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NewsSainsbury’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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NewsGiles 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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NewsMedia 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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NewsCity 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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NewsTiptree 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
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NewsHain Celestial to sell fruit juice business to appease CMA
Hain Celestial has offered to sell its UK own-label freshly squeezed fruit juice business to ease competition fears surrounding the acquisition of Orchard House Foods.
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NewsMedia Bites 1 June: Co-op, AB InBev, Home Retail Group
After a quiet start to the short week in the world of grocery retail, there is not a great deal in this morning’s papers, but news that the Co-op is selling off the final remains of its crematorium business in a £43m deal to listed funeral firm Dignity gains coverage.
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NewsTesco stabilises but conditions still tough for big four
All of the big four supermarkets have suffered sales losses in the 12 weeks to 22 May despite managing to retain shopper numbers
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NewsHaughton Honey targets mults with crowdfunding cash
Premium honey brand Haughton Honey has beaten its £80,000 crowdfunding target after attracting a swarm of more than 200 investors.
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NewsKettle Chips profits fall amid 'intense' competition
Kettle Chips has seen profits fall more than 31% in the UK as intense competition and heavy promotions in the snacking sector ate away at margins.