All The Grocer articles in 13 June 2015 – Page 21
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NewsNissin ups its Premier Foods stake as McCormick increases offer
The new share purchase means Nissin has now spent £103.4m buying up Premier Foods shares
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NewsPremier Foods rebuffs latest McCormick offer but agrees to open talks
Premier Foods (PFD) has said McCormick’s latest 65p per share takeover proposal “continues to undervalue” the firm, but has agreed to engage with the US food group over its bid.
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NewsMedia Bites 4 April: M&S, Ocado, Premier Foods
New Marks & Spencer boss Steve Rowe “faces a baptism of fire” on Thursday as it is set to announce a slump in clothing sales.
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NewsOcado moves closer to US deal
The Times reports Ocado has hired Mace to “advise it on how it should it make its American debut”
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NewsPets Corner becomes UK’s second largest pet chain with £6m PamPurredPets deal
Pets Corner has grown its store estate by 51 outlets to become the UK’s second largest pet chain after buying competitor PamPurredPets for £6m.
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NewsReckitt Benckiser boss Rakesh Kapoor bags £23m pay package
Kapoor’s overall pay award rose from £12.8m in 2014 to £23.2m in 2015
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NewsProfits edge down at BrewDog after year of big investments
Self-styled “punk” brewer BrewDog has reported a 51% rise in revenues in 2015, but profits edged down after overheads almost doubled.
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NewsCo-op’s full year food like for like sales up by 1.6%
The Co-op said its core convenience business grew ahead of the market after investment in price and products
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NewsMedia Bites 7 April: Sainsbury's, Waitrose, Reckitt Benckiser
Sainsbury’s is reportedly ditching its Brand Match promotion later this month as it prepares to cut more prices on everyday products.
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Analysis & FeaturesGPI: Morrisons cuts hard again but deflation is now easing
The Grocer Price Index, collated by Brand View from more than 61,000 items across the big four, inched down –2.8% in the month to 1 April
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NewsWH Smith reports high street recovery
WH Smith has announced its best performance on the high street for “many years” as pre-tax profits in the first half to 29 February 2016 jumped 11% to £80m
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NewsWilliam Jackson Food Group buys health brand The Food Doctor
Aunt Bessie’s owner William Jackson Food Group has moved into healthy snacking with the purchase of The Food Doctor for an undisclosed sum.
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NewsSainsbury’s posts 13.8% drop in underlying profit
Sainsbury’s has returned to profit after posting a £72m loss last year but underlying profits fell by 13.8%
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NewsMedia Bites 4 May: BHS, Reckitt Benckiser, Amazon
The Government has taken the rare move of fast-tracking a full investigation into BHS’s former directors as Sir Philip Green yesterday agreed to appear before MPs.
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NewsRaisio’s first quarter sales down despite Benecol UK sales rise
Finnish food group Raisio has reported a 6.9% drop in first quarter net sales despite seeing “significant” growth for its Benecol brand in the UK.
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NewsMedia Bites: BHS, Compass, Metro
Sir Philip Green has rebutted a claim by the head of the Pensions Regulator that it only found out about the sale of BHS after reading about it the newspapers.
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NewsCity snapshot: Moy Park owner JBS to spin out international business
JBS Foods International will list on the New York Stock Exchange if JBS shareholders approve the plan
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NewsMoy Park's first quarter revenues hit by falling poultry prices
Moy Park’s first quarter revenues fell 1.6% due to falling poultry prices and its exit from the UK corned beef business, according to parent company JBS.
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NewsTyrrells swoops for German organic crisp maker Aroma
Tyrrells has made its first European acquisition after snapping up German organic crisp maker Aroma Snacks for an undisclosed sum.
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NewsMedia Bites 17 May: Stock Spirits, BHS, Charlie Bigham
Vodka maker Stock Spirits is about to be engulfed in a boardroom war as millionaire investor Luis Amaral leads a coup against chairman David Maloney