All articles by Ed Devlin – Page 215
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News
M&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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News
Shop 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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News
Crawshaw 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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News
City 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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News
Media 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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Profiles
Asda CEO Andy Clarke answers your questions
Asda CEO Andy Clarke answers questions on marketing, store densities and those Kantar figures
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News
City 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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News
Media 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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News
Lidl 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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News
City 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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News
Media 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 & Features
What 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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News
City 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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News
Media 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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News
City 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
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News
Media Bites 23 June: Thorntons, Tesco, GCA
Ferrero’s £112m takeover bid of Thorntons dominates the papers this morning but news of Tesco topping a supplier survey as the worst of Britain’s leading supermarket chains at complying with industry guidelines also gets a look in.
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Analysis & Features
Ferrero take over of Thorntons raises more questions than answers
Thorntons shares shot up by more than 40% this morning after news emerged that a takeover bid from Italian chocolate giant Ferrero valued it at £111.9m. But what are the key questions around what a Ferrero-owned Thorntons would look like?
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News
City Snapshot: Thorntons and Moy Park acquired as UK M&A activity heats up
Troubled chocolatier Thorntons is to be acquired in a deal worth £112m by Ferrero and chicken processor Moy Park has been sold by Brazilian parent Marfrig for $1.5bn
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News
Media Bites 22 June: Tesco, M&S, Illy
The papers look at what Tesco CEO Dave Lewis can expect at this Friday’s AGM as the supermarket giant is expected to reveal a further fall in sales
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News
Johnstone's Just Desserts "mis-stated" trading before collapse
The cake supplier issued invoices totalling £1.6m for products that had not been supplied