All The Grocer articles in 13 June 2015 – Page 12
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Kellogg continues emerging markets push with Egyptian acquisition
Kellogg’s has expanded its emerging markets footprint with the acquisition of Egypt’s largest cereal company.
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Poundland shares plummet as it seeks £50m for 99p Stores deal
Poundland shares plummeted to a record low after it confirmed its intention this morning [Thursday] to raise £50m through a share placing to help fund the £55m acquisition of 99p Stores.
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City snapshot: Poundland confirms £50m share placing to fund 99p Stores acquisition
Poundland has confirmed its intention to raise £50m through a share placing to help fund the £55p takeover of rival 99p Stores
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Media Bites 24 Sep: Convenience stores, Tesco, Diageo
Owners of convenience stores across the country are mothballing large capital expenditure projects as they fear the financial impact of the national living wage proposals, according to The Times.
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Real Good Food's shares drop on early year revenue fall
Real Good Food’s share price dropped by 3.8% to its lowest level since mid July after updating the market on its falling early year like-for-like sales this morning.
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Media Bites 22 Sep: SABMiller, Tesco, Finsbury Food Group
SABMiller has beefed up its advisory team with the appointment of Goldman Sachs as it musters its defences
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City snapshot: Poor British weather hits AG Barr's first half sales
Irn-Bru maker AG Barr’s first half revenues slipped by 2.8% as the poor British weather hit soft drinks sales
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City snapshot: Crawshaw group sees “particularly strong” sales growth
Crawshaw Group has announced it expects to exceed market expectations
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Media Bites 17 Sep: AB InBev/SABMiller mega-deal
There’s only one story in town this morning as the papers pick through the bones of the potential merger of the world’s two largest brewers, after the confirmation of AB InBev’s approach for SABMiller.
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SABMiller confirms ABInBev approach
SABMiller has this morning confirmed that ABInBev intends to make a proposal to acquire the UK-listed brewer
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Kellogg’s creates African joint venture
Kellogg Company has Kellogg’s has announced a partnership with leading food company Tolaram Africa to develop snacks and breakfast foods for the West African market.
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Profits rise 4% at William Grant despite sales slide
Scottish spirits supplier William Grant & Sons saw annual profits climb by 4% in 2014 despite a 16% reduction in sales due to falling whisky exports and its decision to cut down its distribution of third party brands.
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Ocado tops third quarter sales expectations
Ocado beat consensus sales expectations in its third quarter, growing retail sales by 15.3%
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Applegreen’s revenues boosted by rising food sales
Newly listed Irish forecourt operator Applegreen saw revenues rise by 16% in its first interim results as a listed company, boosted by a 9% rise in like-for-like non-fuel sales.
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Mondelez looks to grow healthier snacking options
Cadbury owner Mondelez has told investors it plans to shift its focus towards healthier snacks and target more affluent consumers.
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City snapshot: Waitrose weekly sales nudge up 1.2%
Fresh from updating the market on its half year results yesterday, Waitrose has reported a 1.2% uplift in ex petrol sales for the week to 5 September.
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Media Bites 11 Sep: Morrisons, Waitrose, Lidl
The papers react to sliding sales and profits at Morrisons and Waitrose
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Karro Food Group returns to profitability
Karro Food Group has returned to profitability in its second year of trading as an independent business after years of annual losses.
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City snapshot: Morrisons’ first half like for likes fall by 2.7%
Morrisons (MRW) has announced a 5.1% fall in first half revenues and a 2.7% drop in like-for-like sales
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Media Bites 10 Sep: Morrisons/M Local, Monitise, Sports Direct
Morrisons decided to “cut its losses” on its convenience business, according to the papers this morning.