All articles by Alec Mattinson – Page 4
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Media Bites 7 July: General election, John Lewis, Kitwave
Leading retailers have warned Labour it must follow through on its manifesto pledges to reform the broken business rates system
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City News: Sainsbury’s hails ‘strong momentum’ despite non-food slowdown
Sainsbury’s ‘Food First’ strategy saw it crowned Grocer of the Year at the Gold Awards 2024 this week but while there was “strong grocery momentum”, its shares were hit by slowing growth
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Media Bites 5 July: General election, Co-op, John Lewis
The pound held firm this morning as Labour won a large majority in the general election and Sir Keir Starmer pledged that “change begins now”
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BRC calls for new government to fast-track planning reform as footfall drops
As the UK wakes up to a new Labour government, the BRC has called on the incoming regime to urgently tackle issues holding back the high street
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City snapshot: Marston’s appoints new chair
Pub group Marston’s has appointed a new chair to succeed outgoing chairman William Rucker
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T&R Theakston posts growth despite ‘tumultuous year’ for brewers
Yorkshire-based brewery T&R Theakston has reported double-digit growth for last year
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Media Bites 3 July: Sainsbury’s, M&S, climate change
Sainsbury’s has said sales growth slowed in recent weeks as food inflation eased and consumers shopped “more cautiously”
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City snapshot: Sainsbury’s grocery growth dragged back by general merchandise weakness
Sainsbury’s has posted another quarter of “strong grocery memomemtum”, but its overall sales growth has slowed as general merchandise sales and Argos fell back
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Media Bites 1 July: Boots, Britvic/Carlsberg, Asda
The chief executive of Boots has quit Britain’s biggest pharmacy chain after its US owners shelved plans for a multibillion-pound sale
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City News: Carlsberg approach for Britvic divides City opinion
When news of Carlsberg’s shock £3.1bn bid for Britvic broke, investors in the companies had wildly divergent reactions, underscoring doubt about the wisdom of the brewer’s approach
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Annual profits fall at Weetabix as consumers shift to private label
Profit margins have fallen at UK cereals giant Weetabix amid a wider consumer shift to cheaper private label breakfast products
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City snapshot: Science in Sport grows margins after strategy reset
Sports nutrition player Science in Sport has reported improved performance in the first half of 2024 amid a strategic rethink and a senior team reshuffle
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Media Bites 28 July: Boots/Walgreens, DS Smith, Adnams
The struggling US owner of Boots has shelved plans for a multibillion-pound sale for the second time
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City snapshot: Wet weather dampens grocery sales growth
Poor weather and a significant drop in inflation has dampened grocery sales growth, according to the latest grocery market share figures from NIQ
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Media Bites 26 June: Chapel Down, Morrisons, Britvic/Carlsberg
England’s largest winemaker Chapel Down is considering a sale of the business as part of a strategic review
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City snapshot: English winemaker Chapel Down instigates strategic review
The UK’s largest winemaker has announced it will conduct a strategic review of the business that could result in a sale of the company
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Media Bites 24 June: Britvic/Carlsberg, retail sales, Getir
Carlsberg is understood to be preparing to put a third bid for Britvic on the table
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City News: Tesco shares rise on continued market share gains
Tesco shares received a further boost following another “strong” quarterly performance, with investors buoyed by UK market share gains and strengthening volumes
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Wilkin & Sons puts its £2m loss down to hikes in cost of energy
Royal Warrant holder Wilkin & Sons fell to a £2m operating loss last year as soaring energy prices and input costs hurt its bottom line.
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Warburtons sees record sales in tough wrapped bread category
Bakery giant Warburtons shrugged off the declining wrapped bread category to post record sales and profits last year