All The Grocer articles in 13 June 2015 – Page 7
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Japan Tobacco secures deal for Reynolds' Natural American Spirit brand
Japan Tobacco has announced the acquisition of the Natural American Spirit tobacco brand outside the United States from Reynolds American.
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Media Bites 14 Jan: Sainsbury's, Argos, Homebase
Sainsbury’s bid for Home Retail Group (or Argos to be more precise) continues to dominate the business news in this morning’s papers
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International and domestic growth boosts profits at Tyrrells
Revenues and profits have soared at crisp manufacturer Tyrrells after another year of international and domestic expansion.
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Media Bites 12 January: BRC/KPMG, Visa Europe, convenience stores
High street retailers had a challenging Christmas, squeezed by rapid growth in online sales and falling prices in shops, according to the British Retail Consortium
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City snapshot: Morrisons posts 0.2% like for like Christmas sales rise
Morrisons saw like for like sales rise by 0.2% (ex fuel) in the nine weeks to 3 January, topping analyst expectations for its festive trading.
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PayPoint sells online business to Capita for £14m
The business, which comprises of PayPoint.net and Metacharge, serves around 200 high-profile enterprise brands and 3,500 SMEs
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City snapshot: M&S CEO Marc Bolland steps down amid strong Christmas food sales but weak GM
Marks and Spencer has announced this morning that Marc Bolland will step down as CEO after six years in the role
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Media Bites 7 Jan: Sainsbury's/Home Retail, John Lewis/Waitrose
The fallout from Sainsbury’s bid for Home Retail Group continues in the papers this morning.
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Steve Rowe to replace Marc Bolland as M&S CEO in April
Marks and Spencer announce that Marc Bolland wishes to retire as CEO in 2016
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Waitrose like for like sales fall 1.4% over Christmas period
Gross sales (excluding fuel) were £859.8m, up 1.2% compared with last year, however like-for-like sales fell 1.4%
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Media Bites: Sainsbury's bids for Home Retail Group
The surprise news yesterday that Sainsbury’s held talks takeover with Argos owner Home Retail Group has triggered a flurry of news stories in today’s papers.
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City snapshot: Cumbria-based Carr's survives floods unscathed
Carr’s has issued a trading update detailing the “enormous challenge” recent flooding posed to the business
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Media Bites 5 January: Ocado, coffee shortage, Guinness
Ocado’s share price has fallen by 16% in just four trading days on concerns over the impact of Amazon and worries over Christmas sales
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Sales growth moves Pieminister back into the black
Pieminister returned to profitability in its last financial year as a 21% growth in sales helped the premium pie maker record a pre-tax profit of £99k.
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Rowse Honey's profit margins rise post-Valeo Foods sale
Valeo Foods-owned Rowse Honey made a pre-tax profit of £11.2m in the 15 months to 31 March 2015 thanks to marketing investment and new product development.
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Diageo freed from supplier payment "hall of shame"
Other food and drink firms currently in the forum’s “hall of shame” include Carlsberg, Premier Foods and Mars
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City snapshot: Dairy Crest snaps up £6m remainder of infant formula joint venture
The company said full ownership gives it sole control over the development of the GOS business
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Media Bites 21 Dec: Ken Morrison, Mike Coupe, Christmas trading
The former chairman of Morrisons has built a £6 million stake in Sainsbury’s — and given Mike Coupe, its chief executive, his public backing, writes The Times (£)
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Graham’s The Family Dairy sees profitability boost in "excellent" year
Scottish dairy group Graham’s The Family Dairy has reported a 20%-plus hike in annual profits despite a slowdown in revenue growth.
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City Snapshot: Sainsbury’s leads the pre-Christmas price cuts
Sainsbury’s is leading the way among the supermarket price-cutters as the grocers head into the crucial Christmas trading period, according to this month’s GPI