All articles by Alec Mattinson – Page 206
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NewsConviviality Retail confirms reverse takeover talks with Matthew Clark
Conviviality Retail has suspended trading in its shares “due to media speculation” it is seeking to acquire UK drinks supplier Matthew Clark.
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NewsBooker shares slide after “subdued” first quarter trading
Shares in Booker fell 3.3% to 160.8p today after the wholesaler revealed a group-wide like-for-like growth of 0.4%
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NewsFever-Tree shares surge on strong first half sales
Premium drinks mixer supplier Fever-Tree’s shares have climbed almost 10% in morning trading after announcing a 61% rise in first half sales.
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NewsTesco hands new UK CEO Matt Davies £3.6m of share options
Tesco has announced it has given new UK and Ireland CEO Matt Davies £3.6m of nil-cost share options to vest over the next three years
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NewsMarks & Spencer fails to sustain fourth quarter sales momentum
Marks & Spencer’s first quarter trading has met the City’s modest expectations, but its overall like-for-like sales growth fell back to zero after a 0.7% rise in the fourth quarter.
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NewsMcBride sees constant currency sales growth despite UK cost-cutting
Household products manufacturer McBride has achieved a small rise in annual constant currency sales despite falling revenues in the UK.
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Comment & OpinionWhat conclusions can the grocery industry draw from the unfolding Greece crisis?
Could the shockwaves of a country on the brink shake the UK’s fmcg industry?
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NewsMedia Bites 6 July: M&S, Sainsbury's, Premier Foods
Marks & Spencer’s Q1 results tomorrow get plenty of coverage, while M&S and Sainsbury’s face difficult questions at their respective AGMs.
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NewsCity snapshot: PureCircle bullish over sales but warns on margins
PureCircle, the world’s largest producer of Stevia, has predicted a 26% rise in full year revenues, but warned over tightening margins.
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NewsGreene King revenues buoyed by 'fantastic' off-trade growth
Greene King boss Rooney Anand has credited booming sales of bottled ale with helping the company hit £1bn in retail sales…
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NewsCity snapshot: “Mixed” first quarter trading at C&C Group
Magners owner C&C Group has reported “mixed trading conditions” in the first quarter in a update ahead of its AGM today.
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NewsMedia bites 2 July: Diageo, John Lewis, Greene King
The papers cover Diageo’s decision to sell its Gleneagles hotel to concentrate on core businesses this morning.
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NewsCity snapshot: Greene King buoyed by Old Speckled Hen growth
Greene King (GNK) has seen annual retail revenues exceed £1bn for the first time as group revenue increased 5% to £1.3bn in the year to 3 May
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NewsMedia Bites 1 July: Ocado, Morrisons, Asda
Efforts by Ocado to shed its upmarket image appear to have helped it attract a wider range of shoppers
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NewsMoy Park to be used as platform for JBS European growth
Brazilian meat giant JBS plans to use Moy Park as a launch pad into Europe…
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NewsTesco/Morrisons shares honeymoon 'will soon be over'
A damning new report on UK supermarkets has warned the sense of investor optimism about the sector will soon be over…
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NewsAhold-Delhaize merger prompts Morrisons-Sainsbury's gossip
The mega-merger of European supermarket giants Ahold and Delhaize will shake up the grocery sector in Europe and the US…
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NewsMedia bites 26 June: Supermarket mergers, Tesco, discounters
The Telegraph speculates whether Britain’s supermarkets could be about to merge after the Ahold and Delhaize deal sparked speculation that UK grocers could team up in the face of falling sales.
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NewsCity snapshot: Tesco’s first quarter sales beat expectations
Tesco continued to show an improving sales trend in the first quarter as its like-for-like sales trend improved once more in what CEO David Lewis called “another step in the right direction”
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NewsCity snapshot: B&M Bargains CEO’s salary more than trebles
The basic pay of B&M European Value Retail’s CEO Simon Arora will increase to £575k in the current financial year