All articles by Alec Mattinson – Page 2
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NewsPots & Co cuts losses as it outsources manufacturing
High-end desserts specialist Pots & Co cut its losses in a ‘milestone’ year that saw it prioritise profitability over sales growth and move towards break-even
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NewsCity snapshot: Sporting events and better weather boost UK retail sales
Retail sales volumes bounced back to growth in July, according to official statistics, as warmer weather and sporting events boosted activity.
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NewsMedia Bites 16 August: Brexit border controls, Starbucks, WH Smith
Customs agents and businesses have complained to the government that they have been charged for checks on goods that never took place
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NewsCity snapshot: C&C Group forecasts unchanged despite June washout
Drinks supplier and distributor C&C Group has insisted it remains on track to hit annual financial forecasts and bounce back from a troubled period despite poor weather in June
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NewsMedia Bites 14 August: Mars, Starbucks, Asda
Mars, the confectionery, food and petcare giant, has reportedly reached an agreement to acquire Pringles and Pop-Tarts maker Kellanova
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NewsCity snapshot: Grocery sales growth rises as inflation edges back up
Grocery sales growth rose by 3.8% in the four weeks to 4 August as food inflation edged back upwards for the first time in more than a year
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NewsMedia Bites 12 August: Asda, Carlsberg/Britvic, junk food taxes
Stuart Rose, the chairman of Asda, has said he is “embarrassed” by the supermarket’s declining market share and has called on owner Mohsin Issa to step back
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NewsCity News: Deliveroo passes ‘major milestone’ as order frequency recovers
Food delivery player Deliveroo finally passed a “major financial milestone” by turning a profit in the first half of the year, it revealed this week
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NewsCity snapshot: Lotus Bakeries posts 20% jump in first half sales
Bear and Nakd owner Lotus Bakeries has reported a double-digit jump in first half sales and profits amid strong growth of key brands
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NewsMedia Bites 9 August: Asda, Deliveroo, AB InBev
Sales have fallen at UK supermarket chain Asda, as customers defect to larger rivals.
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NewsCity snapshot: Deliveroo moves to first-half profit amid ‘encouraging’ consumer pick-up
Online delivery giant Deliveroo has posted a first-half profit after returning to order growth in the period amid ‘encouraging signs’ in consumer behaviour
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NewsMedia Bites 8 August: Ocado, Twitter/Unilever/Mars, Coca-Cola
Ocado is testing offering everyday products such as pasta, rice and washing liquid in refillable packaging
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Comment & OpinionMars’ $30bn move for Kellanova could kick off consolidation wave
The acquisition would be a significant move, both in size and strategic direction
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NewsCinven invests in Swedish sports nutrition player Vitamin Well
Private equity player Cinven has become the lead investor in Swedish sports nutrition and drinks specialist Vitamin Well
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NewsCity snapshot: CCEP boosted by Asia-Pacific growth to mitigate European volume decline
GB Coke bottler Coca-Cola Europacific Partners has posted a rise in underlying first-half problems despite poor weather in Europe, as growth in south east Asia and Australia boosted performance
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NewsMedia Bites 7 August: Domino’s Pizza Group, Coca-Cola, Klarna
Domino’s Pizza downgraded its full-year profit forecast as consumers grappling with cost of living pressures held back on spending
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NewsCity snapshot: summer boosts food and clothing sales
UK retail sales were back in growth in July after a poor June as the advent of summer and warmer weather boosted food and clothing sales
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NewsMedia Bites 6 August: Mars/Kellanova, Treasury Wine Estates, Haleon
Mars is in talks to buy Pringles and Pop-Tarts maker Kellanova in what would be one of the year’s biggest takeovers.
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NewsCity snapshot: Warmer climate helps English wine production boom
Sales of UK wines continue to boom thanks to rising temperatures and better yields, according to accountancy group UHY Hacker Young
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NewsMedia Bites 5 August: food imports, English wine, Knoops
Imported food coming into the UK through Brexit border posts is being sent back to Europe to be tested due to a lack of laboratory capacity in Britain