All articles by Alec Mattinson – Page 19
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NewsMedia Bites 30 October: The Body Shop, Sainsbury’s, Pubs
The private equity investor that owns Footasylum is in pole position to buy The Body Shop
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NewsCity News: Reckitt Benckiser’s £1bn share buyback fails to win over City
A £1bn share buyback was not enough to placate Reckitt Benckiser investors this week, as the consumer giant’s shares slid back on weaker-than-expected sales volumes
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NewsUnilever boss unveils strategy ‘action plan’ as business sells Dollar Shave Club
Unilever this week kicked off a strategy reset to focus on its core brands and sell off the Dollar Shave Club
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NewsCity snapshot: Rémy Cointreau hit by sharp US sales slowdown
French spirit maker Rémy Cointreau has slashed growth expectations after posting a double-digit drop in organic sales in its second quarter amid a slowdown of sales in the US
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NewsMedia Bites 27 October: Unilever, Tesco, Wilko
Unilever’s new chief executive said that the idea of corporate purpose could be an ‘unwelcome distraction’ for some brands
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NewsCity snapshot: Unilever sales growth slows as volumes remain in decline
Sales growth at Unilever slowed to 5.2% in the third quarter as pricing eased and volumes remained in decline. Plus trading updates from Danone, DS Smith and C&C Group
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NewsMedia Bites 25 October: Christmas retail, Shoplifting, AG Barr
Britons are planning to party at home and save on trips out this Christmas as the cost of living crisis continues to put a dampener on celebrations
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NewsCity snapshot: AG Barr acquires Rio soft drinks brand
AG Barr has announced it has agreed a deal to acquire Rio Tropical, the owner of the Rio soft drinks brand.
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NewsMedia Bites 23 October: UK retail, Pret a Manger, John Lewis Partnership
High streets are in the grip of a ‘retail recession’, economists have warned, after shop sales slumped unexpectedly rapidly in September
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NewsMedia Bites 11 October: Grocery inflation, PepsiCo, Greencore
The pace of grocery prices inflation has slowed to its lowest rate in 15 months, with the average cost of a pack of butter now 16p less than a year ago
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NewsCity snapshot: Supermarket sales growth rebounds despite falling inflation
Grocery price inflation fell for the seventh month in a row to 11% last month as take home grocery growth rose to 9.1%.
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NewsMedia Bites 9 October: Waitrose/Amazon, John Lewis, Sainsbury’s
Groceries from Waitrose could be sold via Amazon under a deal being discussed by the supermarket chain and the online retail group
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NewsCity News: Tesco shares soar on profits upgrade
Tesco shares rose sharply this week as the UK’s largest supermarket hiked its full-year forecasts, on the back of a jump in sales and profits in the first half
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NewsSt Pierre sees sales surge past £150m
Global sales surged past the £150m mark at St Pierre Groupe last year as it was bought by Mexican bakery giant Grupo Bimbo
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NewsCity Snapshot: Footfall falls back in September
UK football eased back in September as consumer caution constrained spending in stores
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NewsMedia Bites 6 October: Imperial Brands, plant-based meat, Cadbury
The maker of Lambert & Butler and Players cigarettes has announced a £1.1 billion buyback, helping to lift its shares a day after Rishi Sunak announced plans to eventually outlaw cigarette sales in England (The Times £). Imperial Brands will buy back £1.1billion shares after bumper demand ...
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NewsCity snapshot: Imperial Brands commits to £1.1bn share buyback as it reiterates guidance
Tobacco giant Imperial Brands will gives a further £1.1bn back to shareholders next year as it announced its trading remains on course to hit full year expectations
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NewsHovis falls to £28.6m loss amid cost recovery delays
Wrapped bread player Hovis has fallen to a near £30m loss amid delays in passing through soaring input costs
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NewsMedia Bites 4 October: Wilko, Greggs, Burger King
Fears are mounting that proposed deals by B&M European Value Retail and Poundland to acquire 100 stores previously run by Wilko could fall through
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NewsCity snapshot: Greggs sales growth tops 20% as evening shoppers boost trading
Sales are continuing to boom at food-to-go stalwart Greggs as new openings and increased customer visits boosted third quarter revenues