All articles by Alec Mattinson – Page 7
-
News
City snapshot: DS Smith CEO to retire as box volumes fall amid ‘weak’ demand
Long-serving DS Smith CEO Miles Roberts is to stand down from his role as the box maker reported a drop in revenues and profits amid weak demand
-
News
EG Group sells UK KFC franchise to Yum Brands
EG Group has sold its 218 KFC franchise restaurants in the UK to KFC owner Yum Brands to continue to pay down debt
-
News
Media Bites 6 December: Grocery market share, SSP Group, olive oil
Sainsbury’s has claimed its largest increase in market share in more than a decade after stepping up the price war with the German discounters Aldi and Lidl
-
News
City snapshot: Grocery sales set hit to £13bn this Christmas despite sales slowdown
Grocery sales are expected to surpass £13bn for the first time this Christmas despite supermarket sales growth continuing to lag slowing inflation
-
News
Media Bites 4 December: National living wage, HFSS, Jollyes
The government’s decision to increase minimum pay will result in higher prices, lower investment and fewer jobs, retail and hospitality leaders have warned
-
News
Honestly Tasty beats fundraise target to grow vegan cheese ops
The brand passed its £250k target in its first week of a Seedrs crowdfunding campaign at a pre-money valuation of £9.9m
-
News
Britvic shares slip despite a ‘resilient’ performance
The Robinsons squash maker grew full year sales by 6.6% to £1.75bn in the year to 30 September
-
News
Retail push helps Huel return to profitability
Meal replacement brand Huel has bounced back into profitability as its deepening push into retail bolstered the DTC pioneer’s customer base
-
News
City snapshot: UK consumer confidence grows ahead of Christmas
UK consumer confidence has rebounded in November despite ongoing cost-of-living concerns
-
News
Media Bites 24 November: Wilko, Black Friday/Amazon, John Lewis
The former bosses and auditor of collapsed UK retail chain Wilko have been summoned to appear before MPs next week
-
News
City snapshot: PZ Cussons trading in line as Nigerian business grows despite volatility
PZ Cussons has told the market it is trading in line with expectations amid a rebound in its Nigeria business despite volatility and currency devaluation in the country
-
Comment and Opinion
How the autumn statement will impact retail and fmcg
A ‘final nail in the coffin for the high street’ was the grim description from a leading property consultancy of today’s autumn statement
-
News
Media Bites 22 November: Deliveroo, Cranswick, minimum wage
Riders for Deliveroo are not entitled to trade union rights such as collective bargaining because they are not employees
-
News
City Snapshot: Cranswick boosted by UK volume growth despite price increases
Cranswick has reported strong top line and bottom line growth as it benefited from inflation recovery and resilient volume growth in the UK
-
News
Media Bites 20 November: Retail sales, Tesco Bank, Hotel Chocolat
British retail sales have fallen to their lowest level since February 2021 as consumers curb their spending
-
News
Mighty Slice backed by footballer Reece James ahead of first national listing
High protein dessert brand Mighty Slice has received backing from England and Chelsea footballer Reece James as it prepares for its first nationwide supermarket listing
-
News
Virtue Drinks lands £1.2m in funding to push global growth
Natural energy drinks brand Virtue Drinks has raised £1.2m to underpin a major brand refresh and accelerate global growth
-
News
Burts boosts sales with brand relaunch
A brand relaunch and investment in capacity helped premium snacking player Burts grow sales and profits last year ahead of its sale to Europe Snacks
-
News
City news: Premier Foods impresses with bumper growth in half year results
Premier Foods shares were on the up again on Thursday as it upgraded profit expectations after maintaining bumper growth in its second quarter
-
News
City snapshot: UK retail sales volumes fall to lowest level since Covid pandemic
UK retail sales volumes have fallen to their lowest level since the depths of the Covid pandemic as wet weather and the cost of living crisis supressed shopping activity