All articles by Ed Devlin – Page 204
-
News
Majestic Wine adds online potential with £70m Naked Wines takeover
Majestic Wine has swooped for rival Naked Wines in a £70m deal which will rapidly accelerated the listed retailer’s online plans and gives the listed group a new CEO.
-
News
City Snapshot: Majestic Wines appoints CEO as it acquires Naked Wines
Majestic Wines appoints new CEO as it pays £70m to takeover Naked Wines. Plus Carrefour reveals strong quarter one figures and Waitrose has “best-ever” Easter for non-food.
-
News
Media Bites 10 March: Poundland, Co-op, Boots
Three retailers dominate the business pages this morning as Poundland is frustrated by the monopoly watchdog, Co-op’s rescue plan gains traction and Walgreens Boots Alliance reports first half results.
-
News
Cranswick finishes year with ‘strong’ quarter
Listed meat supplier Cranswick has finished the year with a “strong” quarter as underlying sales rose by 1%.
-
News
Camden Town Brewery sells 20% stake to private family for £10m
Camden Town Brewery has agreed to sell 20% of the business to a Belgian manufacturing family for £10m.
-
News
Caterway shuts its doors following collapse in trading
Wholesaler Caterway has ceased trading after attempts to secure the external investment it needed to survive failed.
-
News
City Snapshot: 2015 economic outlook is "encouraging", says CBI
Economic growth held steady in the UK during the first quarter and is expected to gather momentum over the next three months
-
News
Media Bites 7 April: Kellogg's, display ban, EU milk quotas, Cadbury
Kellogg’s has complaints that a campaign to tackle tax avoidance will hurt profits, dairy farmers get ready for the end of EU milk quotas, and Cadbury hit with Indian tax claim.
-
News
Young’s Seafood boss insists it's business as usual despite sale rumours
In an exclusive interview with The Grocer, Young’s Seafood boss Pete Ward has insisted it’s business as usual at despite sale rumours and tough market conditions for frozen foods.
-
News
Tate and Lyle reassures the market ahead of full year results
Sucralose producer Tate & Lyle has seen its stock rise 2.3% so far today to 622p on the back of a pre-close trading update for the fourth quarter.
-
News
M&S shares soar as food sales grow and clothing turns a corner
Shares in Marks & Spencer have shot up to a new seven-year high as the group revealed it performed ahead of the grocery market in the fourth quarter and reversed 14 straight quarters of declining fashion sales.
-
News
City Snapshot: M&S fashion sales beat expectations as group makes ‘strong’ progress
M&S has stopped the rot in the general merchandise division, which had declined for 14 consecutive quarters; Tate & Lyle updates investors ahead of final results; Booker chairman to step down; and Diageo makes South African acquisition. Plus all the latest share price movements.
-
News
Real Good Food profit warning sours share price as group mulls Napier Brown sale
Shares in Whitworths owner Real Good Food have fallen off a cliff this morning after the listed group issued a profit warning
-
News
Domaine Chanzy postpones IPO as it misses crowdfunding target
Burgundy wine producer Domaine Chanzy has pulled its plans to launch the first ever crowdfunded float on the London Stock Exchange after failing to hit its fundraising target.
-
News
City Snapshot: Heineken streamlines executive team in growth bid
Dutch brewer Heineken has announced significant changes to operating structure and its executive team in a bid to reenergise flagging sales. Plus the latest consumer confidence index from GfK and share price movements from the City.
-
News
Media Bites 31 March: Tesco, M&A, B&Q, Heineken
The Grocer’s exclusive interview with Tesco boss Dave Lewis makes this morning’s papers, alongside news of B&Q store closures, changes to Heineken’s executive team and a strong start for M&A activity.
-
News
Treatt stock jumps on positive first half update
Shares in listed ingredients group Treatt jumped 3% today to 144.7p as it reported “solid” revenue growth in its first-half compared with a year ago, with profits also up.
-
News
Flavourly smashes £300k crowdfund barrier
Flavourly has smashed its £300,000 fundraising target 18 days ahead of the investment deadline on crowdfunding platform Crowdcube.
-
News
City Snapshot: M&S to slow decline in general merchandise
Results will ease the pressure on CEO Marc Bolland but will still represent the 15th straight quarter of decline for the division
-
News
Media Bites 30 March: M&S, Kraft Heinz, BHS
M&S expected to post its 15th straight quarter fall in clothing sales; Kraft Heinz Co to lead the pack in auction of Mondelez cheese business, and former Apprentice Contestant wins Tesco deal.