All articles by Alec Mattinson – Page 229
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NewsDairy Crest CEO Mark Allen's pay soars by a third
Dairy Crest CEO Mark Allen saw his pay package rise by over a third following the return to bottom line profitability…
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Analysis & FeaturesSainsbury's and Netto: If you can't beat them, join them
The major grocery retailers have been scratching their heads for some time over what to do about the rise of the discounters. Sainsbury’s now thinks it has got the answer.
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Analysis & FeaturesCash crops 'will help meet global demand for more food'
Cash crop production does not necessarily harm poor economies and communities, a study has claimed…
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Analysis & FeaturesSupermarkets jostling to avoid a ‘race to the bottom’
The supermarket price wars are a “race to the bottom” that “could deter future investors”, according to a newly released white paper on retail trends.
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Analysis & FeaturesPremier Foods looks to power ahead
Premier Foods’ mammoth restructuring effort looks to be nearing the end after it spun off another non-core business.
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NewsPremier Foods reports falling sales of power brands
Preimer Foods has announced a fall in sales on some of its key lines…
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Analysis & FeaturesMoody’s downgrade won’t hurt Tesco too much
The downgrade of Tesco’s long-term debt ratings by Moody’s was widely reported to have heaped further pressure on CEO Philip Clarke
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Analysis & FeaturesAre grocers sorely lacking in shareholder perks?
Marks & Spencer is planning to overhaul its shareholder incentive package to try and soften the blow of tumbling sales, according to The Daily Telegraph
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NewsIceland pledges to open 40 stores as it reports flat like-for-likes
Iceland intends to open 40 new stores and create 1,250 jobs as it continues its investment strategy…
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NewsTesco's credit rating downgraded by Moody's
Tesco has had its credit rating downgraded by Moody’s amid poor sales performance and a tough outlook for the sector.
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NewsRestructuring costs hit Boparan despite sales increase
Boparan Holdings, parent company of 2 Sisters Food Group, has reported a third quarter loss of £28.6m…
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Analysis & FeaturesB&M Bargains proves IPO market is still open for some
The IPO window was supposed to be slamming shut, but it seems no one told B&M Bargains.
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NewsJapan Tobacco buys British maker of E-Lites
Japan Tobacco has agreed to acquire UK e-cigarettes maker Zandera for an undisclosed sum…
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NewsB&M Bargain valued at £2.7bn after pricing IPO
Discount retailer B&M Bargains will be worth £2.7bn when it floats on the London stock exchange next week…
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Analysis & FeaturesSainsbury's figures are no cause for panic, but tougher tests await
With the World Cup starting tomorrow, it seemed rather appropriate that one industry insider this week spoke of the “hospital pass” Dalton Philips received at Morrisons from his predecessor
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Analysis & FeaturesGrocers face stark choices amid falling food sales
The UK economy may be kicking back into gear, but it seems no one told food retailers.
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NewsBRC records first ever three-month fall in food sales
The British Retail Consortium finds growing “polarisation” between food and non-food retail sales
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NewsImperial Tobacco to float Logista in Spain
Imperial Tobacco is to float its European logistics division Logista…
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Analysis & FeaturesInvestors draw new lines on executive pay
It may not quite have reached the level of vitriol attached to bankers’ bonuses, but investor anger has been steadily intensifying on the pay of those in charge of the UK’s largest retailers.
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NewsSir Ken blasts Dalton Philips at Morrisons AGM
Morrisons chief executive Dalton Philips and outgoing chairman Sir Ian Gibson were subjected to a pointed attack from former chairman Sir Ken Morrison.