All articles by Ed Devlin – Page 193
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NewsAsahi strikes £2bn deal for Peroni, Grolsch and Meantime
Japanese brewer Asahi has agreed a deal with AB InBev to acquire Peroni, Grolsch and Meantime for €2.55bn.
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NewsCarlsberg slumps to £270m loss as premium boosts Heineken profits
Heineken and Carlsberg have reported mixed fortunes for 2015, with the Dutch brewer increasing profits and its Danish counterpart slumping to a massive loss.
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NewsMedia Bites 10 Feb: Coca-Cola Company, Kantar Worldpanel
A quiet morning for retail in the papers with Coke’s fourth quarter earnings statement
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NewsCity snapshot: Heineken focus on premium boosts sales and profits
Heineken increases organic revenues 3.5% to €20.5bn, plus Ocado annual reports shows rising pay for directors
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NewsSpeyside Distillers to finance growth with £2.3m funding package
Speyside Distillers Company is targeting expansion in the UK and overseas after securing a £2.3m bank funding package.
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NewsCity snapshot: Casino sells Thai food retailer for €3.1bn
Casino has agreed to sell its stake in a Thai food retailer for €3.1bn in a deal which will help the French supermarket group halve its net debt.
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NewsMedia Bites 8 Feb: Argos, Sainsbury’s, Vita Coco
The merger of Sainsbury’s and Argos is still eating up column inches in the weekend papers, with reports that retail tycoon Christo Wiese and former Asda CEO Andy Bond weighed up a bid and ex-M&S boss Lord Rose predicting the deal would trigger a wave of consolidation on the high street.
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NewsArgos deal set to make Sainsbury's top UK non-food retailer
Sainsbury’s game-changing £1.3bn takeover of Argos would catapult the supermarket to become the largest non-food retailer
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NewsCity snapshot: Year on year price fall is largest on record
Plus Waitrose continues to struggle in January, with weekly sales down 2.4%
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NewsPaynes Dairies back in the black after cutting farmgate prices
Paynes Dairies has returned to profit after spending two years in the red as it renegotiated the price it pays farmers
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NewsPooch & Mutt secures bank funding to chase more growth
Premium petcare brand Pooch & Mutt has secured a five-figure bank funding package to keep up soaring demand for its natural, health-focused dog food, treats and supplements.
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NewsMedia Bites 3 Feb: Sainsbury’s, Ocado, Casino, EasyFood
Sainsbury’s £1.3bn Argos offer hogs the limelight, overshadowing news of Ocado’s second year of profits
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NewsEagle Eye first-half revenues fall short of expectations
Eagle Eye Solutions sales up 30% in first half as it signs major contract with Sainsbury’s
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Comment & OpinionSainsbury’s enthusiasm for Argos is well-placed… but risks remain
Aside from the financials, Coupe is adamant the tie-up would be good news for British consumers
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NewsSainsbury's offers Home Retail £1.3bn in improved takeover bid
The bid is boosted by the £340m sale of the Homebase chain to Australia-based Westfarmers
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NewsMedia Bites 2 Feb: EasyJet, M&S, EasyFoodstore, Sainsbury's, Bargain Booze
EasyJet boss Dame Carolyn McCall breaks her silence about an approach to take charge of M&S. Plus the budget airline dips a toe into grocery with the launch of EasyFoodstore.
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NewsCity snapshot: Sainsbury's tables £1.3bn Home Retail offer
Plus Ocado revenues up 16.7% to £1.1bn and pre-tax profits jump 65.3% to £11.9m
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Analysis & FeaturesConviviality set to profit as Matthew Clark beds in quicker than expected
The Bargain Booze owner expects profits in the next two years to be higher than expected
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NewsBoots to axe up to 350 UK managerial jobs
Boots is proposing cuts to between 300 and 350 management roles in the UK as the high street chain continues its plans to simplify the business.
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NewsReal Good Food shares slump on profit warning
Shares in Real Good Food crash to lows not seen since April 2015 as the business warns its full-year profits would fall short of expectations.