All articles by Ed Devlin – Page 210
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NewsAssociated British Foods stock climbs as revenues grow
Shares have increased almost 5% at Associated British Foods after the group said revenues were ahead of last year.
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NewsConviviality Retail confirms reverse takeover talks with Matthew Clark
Conviviality Retail has suspended trading in its shares “due to media speculation” it is seeking to acquire UK drinks supplier Matthew Clark.
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Analysis & FeaturesLiving wage dominates Sainsbury's AGM
No sooner had Mike Coupe said there was no way he could commit to a living wage at Sainsbury’s by next year’s AGM than George Osborne announced a new compulsory national pay scale for everybody over the age of 25.
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NewsCity Snapshot: Nomad Foods seeks more cash for big deals
Nomad Foods has issued a rallying call to institutional investors in a bid to raise more cash for further big deals. Plus shares soar is Fever-Tree as it ups full-year expectations, SABMiller appoints new CFO, Booker reports Q1 figures ahead of AGM and the BRC’s latest shop prices index.
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NewsMedia Bites 8 July: M&S, Sunday trading, Tesco
Investor angst at M&S following reversal in Q1 clothing sales, fallout from George Osborne Sunday trading law plans and KKR rejoin the shortlist of five bidders for Tesco’s South Korean business.
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NewsM&S invests in every day prices in first quarter
Marks & Spencer dipped its toes in the UK supermarket price war during its first quarter in a bid to stay competitive in a challenging sector, according to CEO Mark Bolland.
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NewsShop closures slow as economy turns the corner - Deloitte
Retail administrations have slowed dramatically in the first half of 2015 as the economy stabilises, according to research from Deloitte.
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NewsCrawshaw searches for CFO to support expansion
AIM-listed butcher Crawshaw Group is searching for a full-time CFO as it gets ready to ramp up its store expansion strategy.
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NewsCity Snapshot: M&S food sales rise as clothing division falls behind again
Sales of food at Marks & Spencer climbed in the first quarter but its general merchandise division registered a like-for-like decline in a tough first quarter. Plus McBride updates the market ahead of full-year results and Crawshaw Group searches for a full-time CFO.
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NewsMedia Bites 7 July: Sunday trading, Weight Watchers, Sainsbury's
The papers are full of stories about the Chancellor’s plan to give local authorities the power to control Sunday trading laws
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ProfilesAsda CEO Andy Clarke answers your questions
Asda CEO Andy Clarke answers questions on marketing, store densities and those Kantar figures
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NewsCity Snapshot: Premier Foods to boost Mr Kipling production with £20m investment
Premier Foods will unveil a new £20m production line at its Mr Kipling bakery in Barnsley later today to double capacity of its Snack Pack cake slices. Plus Waitrose sees promise in new ‘Pick Your Own’ scheme following latest weekly numbers and spirits group Distil has good start to new financial year.
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NewsMedia Bites 3 July: Lidl, price war, Pep & Co
Lidl and sister chain Kaufland have received almost $900m (£576m) in public development funding over the past decade, the cost of a basket of groceries grow for first time in six months and Andy Bond reveals Pep & Co ambitions.
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NewsLidl uncorks latest offensive to tempt away middle class shoppers
Lidl is set to launch its latest campaign to tempt away the middle classes from Waitrose with a new French wine promotion starting in September.
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NewsCity Snapshot: Ocado grows sales and profits as more customers shift to online
Revenue and earnings registered double-digit rises at online grocer Ocado in its first half, up 18.2% to £507.7m and 11.4% to £38.2m respectively
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NewsMedia Bites 30 June: Tesco, Edrington, Tate & Lyle
A survey finds the cost of everyday items at Tesco is rising at its lowest rate for decades, sales and profits fall at Scotch whisky producer Edrington and Tate & Lyle hands new FD £700k in shares.
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Analysis & FeaturesWhat will Ferrero do with 'Cinderella' brand Thorntons?
Ferrero could use its global scale to unlock potential of Thorntons on an international scale, but what about the UK shops?
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NewsCity Snapshot: C-store owners invest heavily to improve shops
C-store owners have invested £162m in the past three months as they prepare to fend off big supermarkets in the war to win over shoppers. Plus a morning of disruption on world’s markets as Greece looks set to default.
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NewsMedia Bites 29 June: Ocado, Tesco, c-stores
The business pages are dominated by the desperate battle raging in Greece to save the country’s banks ahead of a potential debt default, but news is a little quieter for the world of grocery.
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NewsCity Snapshot: More work to do at 2 Sisters despite 'encouraging performance'
2 Sisters Food Group has increased like-for-like sales in its third quarter by 1.1% to £798.7m as the frozen division performed strongly