All articles by Ed Devlin – Page 198
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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.
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Analysis & FeaturesDiageo sales and profits sink as currency volatility bites
Currency volatility gave Diageo a headache in the first half as operating profits sank £156m to £1.7bn
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NewsMedia Bites 29 Jan: Diageo, diary farmers, waste
Diageo’s first-half results, worrying times for Britain’s dairy farmers and Hugh Fearnley-Whittingstall’s continuing war on waste all makes this morning’s papers.
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NewsCity snapshot: AG Barr sales fizz over Christmas
Soft drinks group AG Barr has increased sales by more than 2.5% in its final quarter of the year despite the intensifying war on sugar and competitive UK market.
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NewsKitwave closes in on private equity deal to fund expansion
Kitwave is close to securing investment to allow it to continue its acquisitive buy-and-build strategy.
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NewsHotel Chocolat back in profit with sweet sales growth
Hotel Chocolat has bounced back into the black after ditching its US trial and keeping a tight hold of costs.