Grocer 200: Prices are delayed by at least 15 mins

Martin McColl

McColl’s vows to continue convenience acquisitions as store numbers break 1,000 Subscription

27 Feb 2017 | By Alec Mattinson

McColl’s plans to continue its acquisitive push in the convenience grocery sector, despite having only received regulatory approval for its buyout of almost 300 Co-op stores in the weeks before Christmas.

sugar

Associated British Food profits lifted by higher sugar prices Subscription

27 Feb 2017 | By Edward Devlin

Profits sweetened in the first six months of the year but ABF warns that benefits of the weak pound will fade in second half.

urban eat

Adelie looks to rebuild under new owners ICG Subscription

24 Feb 2017 | By Edward Devlin

Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group.

lily's kitchen henrietta morrison

Lily's Kitchen slips into the red despite 30% growth in sales Subscription

23 Feb 2017 | By Edward Devlin

Premium petfood maker Lily’s Kitchen has slipped into the red despite a 30% sales hike

tobacco cigarettes websize

City snapshot: British American Tobacco hails 'exceptionally good' full-year results Subscription

23 Feb 2017 | By Alec Mattinson

British American Tobacco has reported “an exceptionally good performance” in 2016 as it grew revenues, underlying profits and outperformed the industry on tobacco volumes. Plus full-year results from Henkel, Unilever pledges to boost earnings and all the rest of the latest news from the City. 

arla organic milk ad

Branded growth boosts profits at Arla Subscription

23 Feb 2017 Updated: 23 Feb 2017 | By Alec Mattinson

Global dairy giant Arla has boosted its bottom line through higher sales of branded goods despite the slump in milk prices hitting annual sales.

hotel chocolat angus thirlwell

Hotel Chocolat's Angus Thirlwell on cocoa, Brexit and online Subscription

22 Feb 2017 | By Emma Weinbren

Hotel Chocolat announced yet more positive results in the form of a 28% rise in pre-tax profits for the latest half-year of trading, we talk to the company’s CEO & co-founder 

Park Garage Group

Park Garage Group profits slump after 'major' investment Subscription

22 Feb 2017 | By Matt Strudwick

Group expects a 46% increase in turnover from its car valeting service after installing new equipment

asda

Asda like-for-like sales fall 2.9% in the fourth quarter Subscription

21 Feb 2017 | By Ian Quinn

Performance was an improvement on recent quarters, and shows signs of turnaround under new CEO Sean Clarke 

symingtons

Symington's sees £6m loss as cooking sauce brands struggle Subscription

17 Feb 2017 | By Edward Devlin

A raft of delistings for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group

Chicken Tonight sauce

City snapshot: Symington’s slumps to £6.1m annual loss Subscription

17 Feb 2017 | By Alec Mattinson

Symington’s has slumped to a loss as a raft of delisting for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group

Kraft Heinz

Kraft Heinz promotional activity hurts European sales Subscription

16 Feb 2017 | By Edward Devlin

Sales slumped 3.7% to $6.9bn (£5.5bn) at Kraft Heinz in the fourth quarter, partly driven by increased promotional support in the UK.

wessanen uk brands

Wessanen hails contribution of UK brands to 9% revenue hike Subscription

16 Feb 2017 | By Edward Devlin

European healthy food group Wessanen hailed the contribution of its UK brands as revenues increased 9% to €570m in 2016

pepsi

PepsiCo strength at home adds fizz to Q4 sales Subscription

15 Feb 2017 | By Edward Devlin

PepsiCo boosted sales 5% in its fourth quarter to $19.5bn thanks to steady demand in its domestic US market and a 53rd week in the financial year.

Danone

Activia relaunch fails to turn around brand's fortunes for Danone Subscription

15 Feb 2017 | By Kevin White

European sales are down 1.4% year-on-year, the French dairy giant says

Coke Zero Just Add Zero pack

Coke revenues held back by strong dollar Subscription

10 Feb 2017 | By Edward Devlin

Coca-Cola sales beat expectations in the fourth quarter as organic revenues jumped 6% thanks to a strong performance for its fizzy drinks in North America and the popularity of Coke Zero in Europe and the UK.

tyrrells

Tyrrells sales boom as it plans global growth with new owner Subscription

10 Feb 2017 | By Alec Mattinson

Overall turnover, net of discounts and promotional costs, leapt by 25% to £61.6m

Kellogg's ancient grains

Kellogg profits grow faster than expected but UK drags on group sales Subscription

09 Feb 2017 | By Edward Devlin

US food group Kellogg has beaten profit expectations in the fourth quarter despite revenues falling for the eighth reporting period in a row, with conditions particularly difficult in the UK.

Dairy Crest Clover new pack shot 2017

City snapshot: Dairy Crest warns cost inflation will hit net debt Subscription

09 Feb 2017 | By Alec Mattinson

Dairy Crest (DCG) has grown volumes in its key brands in the first nine months of the year, but has warned over the impact of rising input prices. Plus Tate & Lyle has upgraded earnings expectations after a strong third quarter, Pernod Ricard grows underlying sales and all the rest of this morning’s news from the City. 

carlsberg

City snapshot: Cost-cutting helps boost earnings for Carlsberg Subscription

08 Feb 2017 | By Alec Mattinson

Carlsberg has posted full-year organic operating profit growth of 5% despite a fall in sales volumes as the early benefits from its cost-cutting programme boosted earnings

Cobbs Farm Shop

Cobbs Farm Shop boosted by ‘spectacular’ Christmas Subscription

07 Feb 2017 | By Edward Devlin

A “spectacular” Christmas has helped independent retail farm shop operator Cobbs Farm report double-digit like-for-like sales and profits growth in 2016.

amazon prime now

Amazon profit and turnover rises fall short of expectations Subscription

03 Feb 2017 | By Emma Weinbren

US giant posted 13% increase in operating income for the final quarter of 2016

Duncan Tatton-Brown

Q&A with Ocado CFO: Amazon, robotic arms and one-hour delivery

03 Feb 2017 | By Emma Weinbren

Duncan Tatton-Brown talks emerging threats and Morrisons’ increasingly cosy relationship with its largest competitor

sayers bakery

Sayers reports sales decline amid 'challenging year' Subscription

03 Feb 2017 | By Alec Mattinson

North West bakery chain Sayers slipped to a loss last year after it said Brexit had shaken consumer confidence

young's seafood

Loss of Sainsbury's salmon strips £90m from Young's sales Subscription

02 Feb 2017 | By Alec Mattinson

Young’s Seafood annual sales dropped by almost £90m in the year to 30 September 2016

Asda tills

Asda’s quiet man Sean Clarke is right to focus on more than price Subscription

21 Feb 2017 | By Ian Quinn

Today’s results provide some encouragement that Asda is at least heading in the right direction, but there’s still a long way to go …

Christmas games. Morrisons Makes it

Grocers' Christmas results top City expectations Subscription

13 Jan 2017 | By Alec Mattinson

Which of the supermarkets ‘won’ Christmas is a fight decided at the tills, but the winner of the battle in the City comes down to expectations.

santa

'Remarkable' Christmas as major retailers all report success Subscription

13 Jan 2017 | By Ronan Hegarty

All of the major food and drink retailers have come through the crucial trading period in decent fettle

Tesco food cloud

Tesco Christmas results: what the analysts say Subscription

12 Jan 2017

Our roundup of how leading retail and City analysts reacted to Tesco’s latest quarterly update

morrisons staff checkout

The big boys are starting to get even. And David Potts makes it look easy Subscription

10 Jan 2017 | By Ronan Hegarty

A back to basics approach implemented by CEO David Potts has seen the once-troubled supermarket bounce back with its best financial results for seven years

morrisons christmas mistletoe

Which of the grocers has "won" Christmas? Subscription

09 Jan 2017 | By Alec Mattinson

Ahead of a busy week of grocery trading updates there are good reasons to think the supermarkets had a far better time of things over the festive period.

B&M front

"Well positioned" B&M benefits from Christmas momentum Subscription

07 Jan 2017 Updated: 09 Jan 2017 | By Alec Mattinson, Edward Devlin

As general retailers suffered this week on a gloomy outlook for 2017, the City rushed to grab a piece of B&M European Value Retail, with discounters seen as a safe haven in uncertain times.

candice brown one use

Who were the winners in the last BBC Great British Bake Off? Subscription

04 Nov 2016 | By Beth Gault

The popularity of the programme was undeniably good news for the home baking category, which has actually been declining

Gavin Darby

Premier Foods boss back under pressure as sales slump Subscription

14 Oct 2016 | By Edward Devlin

The September sunshine was blamed for plummeting gravy sales at the Bisto and Oxo supplier

lindt lindor

New launches drive UK sales and profits improvements at Lindt & Sprüngli Subscription

10 Oct 2016 | By Alec Mattinson

Swiss chocolate giant Lindt & Sprüngli recorded double-digit sales and profit growth in the UK last year thanks to “significant” growth of its Lindor and Excellence product lines.

tesco hq

Could Tesco's pension deficit derail its impressive recovery? Subscription

07 Oct 2016 | By Alec Mattinson, Edward Devlin

Tesco revealed its pension deficit ballooned an eye-watering £3.2bn to £5.9bn in the first half, but what does it mean for the turnaround at the supermarket?

dave lewis

Tesco’s ‘big six’ questions Subscription

05 Oct 2016 | By Ian Quinn, Edward Devlin

Dave Lewis hailed its first-half results as proof the retailer was “out of crisis”. Here are the big six questions raised by today’s announcements



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