All articles by Alec Mattinson – Page 202
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NewsArla’s first half revenues drop 3.8% as milk prices plunge
Arla Foods saw overall revenues drop 3.8% in the first six months of the year as declining global milk prices hit the dairy industry.
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NewsPoundland launches online trial
Poundland has announced the launch of an online retail offer in the UK.
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NewsCity snapshot: Real Good Food gets extra £3.4m for Napier Brown
Real Good Food (RGD) has announced it has completed the disposal of its sugar business Napier Brown and received a further £3.4m from Tereos.
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NewsMedia Bites 1 Sep: Living wage, Tesco/Dunnhumby, Morrisons
Fashion and gift retailer Oliver Bonas has become the first high street chain in Britain to promise its staff an independently calculated living wage.
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NewsBooming Urban East sales boost buoyant Adelie
The booming food-to-go sector has helped drive annual revenues up 14.9% at HIG Capital-owned Adelie Food Group
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NewsMedia bites 28 Aug: Tesco/SFO, Homeplus, Pernod Ricard
News that former Tesco CEO Philip Clarke is to be interviewed under caution by the Serious Fraud Office is the major grocery story in the papers today.
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NewsCity snapshot: Consumer confidence improves in August
UK consumer confidence in on the up, according to the latest GfK UK Consumer Confidence Index, while the FTSE rebounds and Waitrose weekly sales edge up.
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NewsCity snapshot: Iglo/Nomad first half like-for-likes down 4.9%
Iglo Group owner Nomad saw a 2.4% revenue decline as the frozen specialist battled “difficult retail conditions”
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NewsMedia bites 27 Aug: Sainsbury's, Amazon, Morrisons
The main retail story in the papers this morning is Sainsbury’s announcement it is to pay the “living wage” to its employees
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NewsThree bidders vie for Tesco's South Korean arm
Bidders include Affinity Equity Partners and KKR & Co, Carlyle Group, and MBK Partners
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Analysis & FeaturesChinese crisis batters UK grocery shares
Global markets have crashed on what’s being dubbed as another “Black Monday” on the stock market, with the FTSE 100 down to its lowest level since 2012.
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NewsCity snapshot: Bake Off helps weekly Waitrose sales climb 3.1%
Waitrose has said the return of The Great British Bake Off has helped its sales, excluding petrol, rise by 3.1% in the week to 15 August.
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NewsMedia bites 21 Aug: WH Smith, Co-op Bank, Ahold
WH Smith will continue to claim back VAT refunds from passenger purchases at its airport shops.
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NewsBritish American Tobacco agrees deal for Brazil’s Souza Cruz
British American Tobacco is set to take full control of Brazilian tobacco firm Souza Cruz after agreeing a deal with major shareholder Aberdeen Asset Management.
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NewsCity snapshot: WH Smith trading ahead of expectations
WH Smith (SMWH) has said its full-year earnings will beat analysts’ expectations thanks to strong trading from its travel stores and better performance on the high street.
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NewsMedia bites 20 Aug: Morrisons, Carlsberg, Kirin
Morrisons is facing a bill worth tens of millions of pounds to offload its struggling convenience store business, according to reports today.
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NewsAsda suffers 4.7% second quarter sales slump
Asda’s second quarter like-for-like sales have plunged by 4.7%, declining further from the 3.9% drop it experienced in the first quarter.
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NewsEmmi upgrades earnings forecast after beating first half expectations
Swiss food group Emmi beat revenue expectations in the first half of 2015 despite sales slipping 3.8% to CHF1.56bn.
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NewsFerrero completes £112m Thorntons acqusition
Italian chocolate group Ferrero has today completed its acquisition of Thorntons following regulatory approval.
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NewsCaféPod completes £1.35m funding round
UK coffee pod supplier CaféPod has completed a fundraising drive worth £1.35m and announced former Diageo European president Andrew Morgan will join its board after making a major investment.