All The Grocer articles in 13 June 2015 – Page 15
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NewsCity Snapshot: Aldi ups pay to £8.40 an hour
Aldi has pledged to raise pay for its employees across the UK, Majestic Wine drops six bottles minimum purchase policy and all the rest of the latest news from the City.
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NewsTesco chairman John Allan invests £286k in shares and bonds
Tesco chairman John Allan has bought £100k of shares in Tesco and invested £186k in Tesco’s corporate bonds.
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NewsBritish American Tobacco on track for “good year”
British American Tobacco said it is overcoming currency headwinds to be on track to deliver a “good year of earnings” in its third quarter update this morning.
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NewsEmerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.
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NewsMedia Bites 29 Oct: AB InBev, Heineken, Walgreens Boots Alliance
Anheuser-Busch InBev has sought to reassure investors that its £68bn takeover of smaller rival SABMiller is on track.
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NewsCity snapshot: Delhaize sees "robust" third quarter sales
Belgian retail group Delhaize has posted third quarter constant currency revenue growth of 2.3%
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NewsCity snapshot: 151 Products rescues Swirl from administration
151 Products has bought consumer goods firm Swirl Products, trading as Fmcg, out of administration, plus a look at the week ahead in the City with updates from M&S, Morrisons and ABF.
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NewsMedia Bites 2 Nov: M&S, Morrisons, BRC
Marks & Spencer is due to report another slump in clothing sales, heaping renewed pressure on chief executive Marc Bolland.
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NewsTate & Lyle completes Eastern Europe ingredients restructure
Archer Daniels Midland Company, which owns half the joint venture with Tate, has bought bulk ingredients plants in Bulgaria, Turkey and Hungary
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News
Sugar woes and currencies hit profits at ABF
Associated British Foods (ABF) has recorded a 6% fall in adjusted full year operating profit as a collapse in profitability of its sugar division hit overall earnings.
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NewsIncreased growth brand volumes boost Imperial Tobacco’s profits
A 7% rise in global growth brand volumes helped Imperial Tobacco full year adjusted operating profits grow by 2.4% to more than £3bn.
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NewsM&S hits three month share price high after first half sales increase
Marks & Spencer has reported a 1.4% rise in first half sales to £5bn, driven by its continued outperformance of the troubled UK grocery sector.
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Analysis & FeaturesM&S first half results – what the analysts say
A round-up of analyst comment on Marks & Spencer’s first half results
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NewsReckitt Benckiser wins CMA approval for K-Y acquisition
The UK’s Competition & Markets Authority has waved through Reckitt Benckiser’s acquisition of the K-Y brand following consultation after Reckitt agreed to licence the business in the UK.
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NewsCity snapshot: Morrisons’ third quarter sales fall by 2.6%
Third quarter like-for-like sales (ex fuel) at Morrisons fell by 2.6% in the 13 weeks to 1 November, plus trading updates from Dairy Crest, Tate & Lyle, Coca Cola HBC and Hilton Food Group.
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NewsMedia Bites 5 Nov: M&S, Asda, Whole Foods
Unsurprisingly M&S’ half year trading results are the main topic of conversation in today’s papers.
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NewsDiageo to make £60m loss on Argentina wine disposal
Diageo has agreed to sell its wine interests in Argentina to the country’s leading producer and distributor for an undisclosed sum.
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NewsMedia Bites 6 November: Morrisons, Tate & Lyle, Dairy Crest
The papers pick over the bones of another dire quarterly performance by one of the big four supermarkets this morning
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NewsCity Snapshot: Adelie close to taking a bite of sandwich filling firm Freshpak
The Grocer this morning has an exclusive story about Urban Eat owner Adelie circling a £68m-turnover Yorkshire-based sandwich filling supplier.
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NewsMedia Bites 9 Nov: SABMiller, Sainsbury's, M&S
SABMiller is set to offload its American business for more than $10bn (£6.6bn) this week when it finally agrees terms on a merger with Anheuser- Busch InBev.