All articles by Henry Saker-Clark – Page 3
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Media Bites 21 March: Aldi, Price Inflation, Retail Crime
Aldi has fired its latest salvo in the battle for Britain’s food shoppers with the launch of a smaller high street brand
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Losses deepen at Science in Sport despite sales surge
AIM-listed sports nutrition supplier Science in Sport slipped to a £2.5m loss amid significant investment, despite surging revenues
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Media Bites 20 March: Sainsbury's/Asda, Ocado, AB Inbev
Sainsbury’s and Asda on Tuesday said they would deliver £1bn worth of lower prices within three years if they are allowed to merge
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Ocado sales growth dented by Andover warehouse fire
Sales jumped 11.2% at Ocado in the past 13 weeks, but its performance was dented by the fire at its Andover warehouse last month
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Media Bites 19 March: Sainsbury's/Asda, Kraft Heinz, Domino's
Sainsbury’s and Asda will provide a more specific commitment to cut prices as part of their response to the CMA’s provisional verdict
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Wessanen in discussions with consortium over takeover bid
The Whole Earth and Clipper tea owner has received an offer from a consortium led by French private equity giant PAI Partners
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City Snapshot: Justin King hired to advise Supermarket Income REIT
Former Sainsbury’s CEO Justin King has been appointed as a senior advisor to retail property group Supermarket Income REIT
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Media Bites 18 March: Brexit, Marks & Spencer, Ocado
Supermarkets are preparing to introduce rationing for online shoppers to prevent panic buying in the event of a no-deal Brexit
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Profits plummet at Butcher's petfood maker after costs soar
The company made “rapid progress” in the 2018 financial year amid significant invesment
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The Food Market secures £400k from private investors
The e-commerce site founded by Wendy Snowden will use the funding to drive digital and marketing investment
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City Snapshot: Deal activity in 2018 unaffected by Brexit but value sinks
The number of food and drink deals in 2018 stayed in line with previous years despite Brexit concerns, profits slide at Wetherspoons on the back of labour costs and the rest of the news from the City
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Media Bites 15 March: Unilever, Casino, Ocado
The new boss of Unilever has shaken up its senior management and promoted one of his former rivals
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London chocolatier Prestat bought by coffee giant Illy Group
The luxury chocolate manufacturer has been taken over by the Italian family firm for an undisclosed sum
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Morrisons refuses to rule out Brexit driven price hikes
Morrisons chief executive David Potts refused to rule out passing Brexit-related cost increases onto customers, after ‘no deal’ tariff rates were confirmed
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City snapshot: Morrisons profits jump as wholesale arm drives sales
Profits jumped 8.6% at Morrisons on the back of strong revenue growth in its wholesale arm, retail technology business Eagle Eye saw half-year sales surge 30% and the rest of the news from the City
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Media Bites 13 March: Brexit, Domino's Pizza, GSK
Britain would slash tariffs on the vast majority of goods entering the country in a no-deal scenario, the government has confirmed
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Retail footfall drops 2% in February
Retail footfall declined for the 15th consecutive month in February, as it plunged 2% according to new research.
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Media Bites 11 March: Ocado, Unilever, Jamie Oliver
Around a quarter of Ocado shoppers would ditch the online grocer if Waitrose products were no longer available, according to a poll
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Eat Square collapses weeks after failed crowdfunding campaign
The pie supplier failed in a Seedrs campaign to secure £50k
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Consumer confidence dents sales and profits at Big Prawn Co
The company said market uncertainty and Brexit-driven currency impacts could affect growth in 2019