Archive of all Pladis articles – Page 6
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NewsCity snapshot: Sainsbury’s Christmas grocery growth mitigates Argos decline
Sainsbury’s has posted a decline in like for like retail sales in its crucial third quarter. Plus, Greggs has posted another quarter of strong organic growth to take its full year sales up 13.5% year-on-year while committing to pay staff £7m and all the rest of the latest news from the City.
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NewsOcado signs first Asian supply partnership with Japan’s Aeon
Ocado has this morning announced it has agreed a partnership with Japanese grocery retail Aeon to launch an online grocery delivery business in the country using its Ocado Smart Platform technology.
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NewsCity snapshot: October rain leads to UK retail footfall plunge
Retail footfall suffered another steep drop in October as the autumn rain kept shoppers at bay. Plus, Greggs upgrades profit expectations on strong sales performance, Prosus publishes Just Eat offer document and all the rest of the latest news from the City.
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NewsCity snapshot: Reckitt cuts full year forecast after ‘disappointing’ third quarter
Reckitt Benckiser has cut its full year growth expectations after issues in China and the US led to a “disappointing” third quarter. Plus, Devro shuts Scottish factory, new CFO for Ahold Delhaize, trading update from McBride and all the rest of the latest news from the City.
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NewsUnited Biscuits’ sales slide amid competition and promotions
United Biscuits sales fell 5.4% last year as consumers turned away from branded favourites.
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NewsMeadow Foods buys Valeo-owned Nimbus Foods
Exponent-backed dairy company Meadow Foods has continued its acquisitive growth push with a deal to buy Welsh decorations and toppings firm Nimbus Foods.
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NewsPladis names Unilever veteran Sridhar Ramamurthy as CFO
He assumse responsibility for leading financial management and other related functions
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NewsPladis makes McVitie’s Hobnobs Creams smaller but not cheaper
The supplier has cut the pack weight from 200g to 160g while maintaining an rsp of £1.22
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NewsCity snapshot: Golden summer boosts Greene King but 2019 trading hit by poor weather
Greene King has posted a rise in annual sales and underlying profits driven by the UK’s warm summer last year and the World Cup, but has warned its trading so far this year has been impacted by the wetter weather.
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NewsCity snapshot: Cost inflation and weak pork market drive losses at Karro
Losses continued to mount at pork giant Karro Food Group in its first full year under CapVest ownership, plus all the rest of the latest news from the City.
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NewsPladis adds lower-sugar McVitie’s Granola Oat Bakes
Dark Chocolate & Almond and Cranberry contain up to 16.7g of sugar per 100g
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NewsGodiva appoints new UK boss Olivier de Mendez
De Mendez has 25 years of experience in retail, food and beverage
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NewsDanone first quarter sales edge up 0.8% amid volumes slide
French dairy giant Danone has posted a 0.8% like for like sales growth in the first three months of the year as performance was hampered by tough comparatives, a consumer boycott in Morocco and weaker sales volumes.
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NewsCity Snapshot: C&C Group acquires stake in fruit beer brand Jubel
Magners owner C&C Group has acquired a minority stake in fruit-infused craft beer brand Jubel, Online grocery sales jumped 9% in 2018 according to new research and the rest of the new from the City
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NewsCCEP secures London Stock Exchange listing
The Coca-Cola producer for the UK and Europe has secured a listing on the main market of the London Stock Exchange.
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NewsCity snapshot: Frozen supplier Strong Roots jumps to top of Fast 50
Challenger brand Strong Roots has surged to the top of Alantra’s Fast 50 list, amid a resurgence of the frozen food category
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NewsConsumer spending growth to slow amid Brexit caution
Consumer spending growth is set to slow down as people become more cautious amid political uncertainty, according to financial services giant PwC
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NewsRetail 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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NewsCity snapshot: Premiumisation drives 4.8% annual sales growth at ABInBev
The world’s largest brewer ABInBev has posted “solid” annual revenue growth of 4.8% driven by pricing and mix improvement.
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NewsCity Snapshot: Heineken's full-year profits surge amid strong beer growth
Dutch brewing giant Heineken saw profits surge ahead of analyst expectations in 2018, pre-tax profits drop at Smurfit Kappa despite 4% revenue growth and the rest of the news from the City