All articles by Alec Mattinson – Page 32
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Comment & OpinionFarmison’s demise points to a chill wind for DTC challengers
The demise of the DTC butchery player is yet another illustration of headwinds facing disruptor food and drink players
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NewsMedia Bites 12 April: Sainsbury’s/Nectar, Black Sheep Brewery, UK economy
Sainsbury’s has begun offering lower prices on more than 300 items to members of its Nectar loyalty card scheme in a move that will rival Tesco’s Clubcard scheme
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NewsCity snapshot: Mother’s Day boosts retail sales, but growth lags inflation
Mother’s Day boosted UK retail sales growth in March, but wet weather and consumers cutting back meant overall growth lagged well behind inflation
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NewsKeeto Life to boost range with £500k funding injection
Low-carb food producer Keeto Life has secured £500k to push into supermarkets and expand its range
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Analysis & FeaturesIvan Menezes vs Debra Crew: where does Diageo go now?
Debra Crew is expected to evolve, not revolutionise, his strategy
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NewsCity News: Hilton Food Group tries to leave inflation woes in the past
A new CEO and a more bullish outlook was not enough to convince the City Hilton Food Group has fully left last year’s inflation-driven travails in the past
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NewsReal Good Food raises £550k to ride out ‘perfect storm’
Cake decoration specialist Real Good Food has taken out a £550k loan from key investors to see it through a ‘perfect storm’ of rising costs and falling sales
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NewsCity snapshot: THG signs 10-year partnership with beauty and fragrance group Maximo
THG has announced a strategic partnership with beauty e-commerce retailer Maximo Group that will see its Ingenuity platform underpin its online operations
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NewsMedia Bites 5 April: L’Oreal, Hammerson, UK economy
L’Oreal has splashed £2bn on fancy hand wash maker Aesop in its biggest deal in decades
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NewsCity snapshot: UK supermarket sales growth continues to lag inflation
UK supermarkets posted double-digit growth in March, but sales growth continues to lag food price inflation, according to new grocery market share figures
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NewsMedia Bites 3 April: John Lewis Partnership, Co-op, Marks & Spencer
John Lewis Partnership was forced to defend the health of its pension fund after it emerged that the market value of its pension assets had plunged by £2.8bn
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NewsCity news: AG Barr shares hit despite stellar growth
Shares in AG Barr suffered this week despite the Irn-Bru maker posting stellar annual growth, as investors reacted to the impact of investment on margin recovery
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NewsMedia Bites 31 March: Morrisons, Ocado, Planet Organic
Quarterly sales at Morrisons returned to growth for the first time in two years
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NewsCity snapshot: Ocado declares ‘total victory’ in legal battle over technology
Ocado announced last night it had ‘comprehensively won’ a legal battle with rival AutoStore over the intellectual property related to its technology
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NewsCity snapshot: Supermarket Income REIT grocery portfolio value drops by £250m amid rising rates
Supermarket property investor Supermarket Income REIT has seen the value of its portfolio drop by almost £250m over the past six months amid rising UK interest rates
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NewsIntimate female care brand Luna Daily raises £2m as it launches into the US
Luna Daily, the intimate body care brand, has closed a £2m investment round as it scales up to enter into the North American market
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NewsMedia Bites 29 March: EG Group/Subway, Planet Organic/Waitrose, Diageo
The owners of Asda are said to be planning an £8bn takeover of Subway
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NewsBoots posts double-digit growth after strong Christmas sales
Pharmacy chain Boots has posted double-digit growth in its second quarter, driven by strong Christmas trading and beauty sales
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NewsOcado Retail sales edge up on pricing and increased customer numbers
The online retailer’s first quarter revenues were up 3.4% year on year to £584m
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NewsDiageo names Debra Crew as new CEO as Ivan Menezes steps down
Menezes has decided to retire on 30 June 2023 after 10 years running the spirits giant, to be replaced by current COO Crew