All The Grocer articles in 13 June 2015
Previous issues.
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NewsProfits surge at Kraft Heinz but organic sales fall back
Adjusted EBITDA increased 23.1% in the second quarter at recently merged Kraft Heinz despite a dip in organic net sales as integration cost savings kicked in.
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NewsStrong volume growth drives Cranswick's first quarter sales up 11%
Higher volumes and the contribution of acquisitions helped Cranswick’s sales rise 11% in the first quarter to 30 June 2016.
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NewsGreencore buys The Sandwich Factory from Cranswick
Deal is valued at up to £15m and will be funded from existing debt facilities
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NewsMedia Bites 25 July: AB InBev/SABMiller, BHS, Diageo
AB InBev’s takeover of SABMiller is “on a knife edge”, writes The Times (£) after activist investors push to amend the terms of the deal.
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NewsCity Snapshot: Conviviality sales more than double after Matthew Clark deal
Full year sales more than doubled at Conviviality in the 53 weeks to 1 May 2016
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NewsMedia Bites 18 July: ABInBev/SABMiller, Boots, Tesco
An influential shareholder advisory firm has weighed into the brewing shareholder dispute over Anheuser-Busch InBev’s blockbuster takeover of SABMiller.
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NewsFirst quarter like-for-like sales flat at B&M Bargains
B&M European Value Retail, owner of B&M Bargains, has reported flat UK like-for-like sales in its first quarter trading update this morning
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NewsMedia Bites 14 July: Poundland, Co-op/McColls, Amazon
The agreement of Poundland’s £597m to South Africa’s Steinhoff Group is heavily covered in the papers this morning.
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NewsDekelOil completes West African palm oil deal
DekelOil Public (DKL) now owns 85.75% of CS DekelOil Siva
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NewsMedia Bites 5 July: Sainsbury's/Netto, Diageo, Bernard Matthews
Sainsbury’s decision to call time on its Netto joint venture is heavily covered in the papers this morning.
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NewsMedia Bites 23 June: Morrisons, Tesco, ABF
Morrisons has offered to rehire former employees who may lose their jobs as a result of the expected administration of My Local, the convenience store group it sold last year.
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NewsCity snapshot: Leaving the EU will hit UK retail sales by 6%, report warns
The report says UK retail sales will reach £396.3bn by 2020 from their current level of £345.4bn without Brexit
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NewsMedia Bites 15 June: My Local, Ocado, Sainsbury's
My Local faces an uncertain future after its owners called in emergency help to try to save the business
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NewsDanone ups 2016 guidance as cost efficiencies bite
Danone has upgraded its full-year profits expectations after seeing faster than expected benefits from cost efficiencies and progress in its European dairy business.
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NewsUK toilet tissue manufacturer Accrol successfully floats on AIM
Blackburn-based toilet tissue manufacturer Accrol began trading on London’s AIM market today after raising £63.5m from institutional investors.
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NewsC&C Group signs Singapore distribution deal for Magners
C&C Group has grown its global distribution for Magners after signing a partnership with ThaiBev subsidiary InterBev in Singapore.
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NewsPremier Foods CEO Gavin Darby opts to receive annual bonus entirely in shares
Premier Foods CEO Gavin Darby opted to receive the entirety of his £599k annual bonus in shares, the company’s newly released annual report has revealed
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NewsThirst for healthy drinks helps boost SodaStream’s UK sales
SodaStream has reported a 36% rise in UK sales for the first three months of the year after stepping up its marketing to take advantage of consumer demand for low-sugar fizzy drinks.
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NewsBHS to liquidate after search for a buyer fails
BHS is to shutter its 163 stores at the potential cost of 11,000 jobs after administrators failed to find a buyer for the troubled retail chain.
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NewsPureCircle Stevia shipments blocked by US customs over human rights allegations
PureCircle calls these allegations “inaccurate” and it “is making every effort to resolve the situation”