All articles by Ed Devlin – Page 201
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News
Media Bites 5 June: Morrisons, M&S, Sainsbury's
This morning’s papers are dominated by news of bonuses paid to the bosses at Britain’s biggest retailers, as Morrisons suffers shareholders revolt and M&S and Sainsbury’s reveal details of top pay packages.
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Analysis and Features
The sun and Sir Ken both shine on Morrisons at AGM
The sun and Sir Ken were both shining on Messrs Higginson and Potts at Morrisons HQ today at the supermarket’s AGM.
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News
Nomad in early stage talks with Findus Group
Nomad Foods has confirmed it is in talks to net Findus Group as it continues its efforts to create a food and drinks giant.
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News
Wilson’s rescue deal hands Kendal Mint Cake maker sweet reprieve
A 102-year-old chocolate maker and one of the original manufacturers of Kendal Mint Cake has been acquired out of administration, saving all 121 jobs.
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News
City Snapshot: LondonMetric purchases £26m convenience portfolio for five new M&S Food Halls
Property investment group LondonMetric buys five M&S Simply Food stores for £26m, BAT will appeal a fine imposed by the Canadian courts and Morrisons faces demotion from the FTSE 100.
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News
Media Bites 2 June: Morrisons, British American Tobacco, Kraft
Morrisons miserable week looks set to continue as it faces demotion from the FTSE 100; BAT will appeal the massive fine slapped on its Canadian subsidiary and the two companies which made up Kraft Foods have given the first detailed rebuttal of government charges that they manipulated the price of the grain.
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News
Nomad Foods looks forward as Iglo deal completes
Nomad co-founder Noam Gottesman has said the completion of the €2.6bn acquisition of Birds Eye owner Iglo marks the start of ambitious investment group’s growth story.
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News
Hummus Bros plans supermarket launch following fundraising
The Mediterranean restaurant chain, which has been trading since 2005, already has four high street locations in London
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News
City Snapshot: Real Good Food focuses on growth after sugar disposal
Real Good Food this morning said it was focusing on the growth opportunities of its cake decoration, food ingredients and premium bakery businesses
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News
Media Bites 1 June: Morrisons, M&S, NHS
Morrisons new top team braces itself for attacks at its upcoming AGM from investors angry at the size of former CEO Dalton Philips’ pay packet.
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News
PomeGreat founder departs after second collapse in two years
The administration comes just a month after the LGA named Pomegreat as having more sugar per 100ml than a can of Coke
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News
B&M Bargains rollout proceeding 'full steam ahead'
A near-30% jump in revenues to £1.65bn in its maiden year as a listed company saw analysts lining up to praise B&M Bargains
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News
LDC hungry for more food and drink investment from £1.2bn pot
Private equity house LDC has picked out the food and drink sector as a key area for investment after pledging £1.2bn of capital over three years to help accelerate growth among the UK’s mid-sized companies.
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News
Applegreen looks to raise €70m in London and Dublin dual flotation
Petrol forecourt operator Applegreen has unveiled plans for the first Irish retail flotation since the onset of the recession.
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News
Jigsaw Foods pieces together bank funding deal to fuel US growth
Sauce manufacturer Jigsaw Foods has secured a £4m bank funding package to help with the expansion of the business at home and abroad.
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News
City Snapshot: Sales slip at AG Barr
Revenues at Irn-Bru maker AG Barr have fallen 1.1% so far this year as the soft drinks group’s performance returned to more normal sales phasing compared with the strong first-half in 2014.
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News
Robust growth for grocers but challenges remain – CBI
Food retailers reported “robust” growth in sales volumes in the year to May, according to the CBI’s latest quarterly survey.
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News
City Snapshot: Sales and EBITDA climb in Q2 for Findus
Frozen giant Findus Group has released an update for its second quarter, with sales up 2% and EBITDA climbing 17% on a year ago.
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News
Media Bites 26 May: High street, M&S, Suntory, Costcutter
It’s a slow start to the week following the long bank holiday weekend with little in the way of grocery news in the papers.
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News
Premier Foods' Gavin Darby hails return of volume growth
Premier Foods CEO Gavin Darby has hailed the return of volume growth at the supermarkets as a turning point…