All articles by Alec Mattinson – Page 7
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NewsCity snapshot: UK retail footfall sees biggest bounce back since 2021
Footfall in UK retail destinations saw the strongest rise since 2021 as shoppers returned to the high street
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NewsMedia Bites 29 May: Ocado, Fever-Tree, Online food delivery
Ocado is set to drop out of the FTSE 100 after six years. as it is poised to get booted out when the latest reshuffle takes place in June
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Comment & Opinion£700m for Princes suggests the deal famine could be over
After plenty of twists and turns, Japanese conglomerate Mitsubishi has secured a deal to sell its canned food giant Princes in a deal that augurs well for the long-awaited uptick in food and drink dealmaking to finally take hold
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NewsCity snapshot: Italian food group Newlat buys Princes for £700m
Italian food group Newlat has bought canned food giant Princes from Japanese conglomerate Mitsubishi Corporation in a deal worth £700m
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NewsCity snapshot: wet weather dampens UK retail sales
Retail sales volumes plunged by 2.3% in April as wet weather and cost of living constraints hit activity across the sector
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NewsMedia Bites 20 May: Morrisons, Fairtrade, M&S
The French conglomerate Bouygues is seeking to block Morrisons’ £2.5bn deal to sell its petrol forecourts
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NewsCity News: Britvic enjoys double-digit share boost as volumes increase
Robinsons supplier Britvic enjoyed a double-digit boost to its share prices this week
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NewsPremier Foods hails volume growth return
Premier Foods has returned to volume growth and pricing stability, and is now mooting M&A to further boost its branded portfolio
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NewsCity snapshot: GSK exits Haleon with £1.25bn share sale
Pharma giant GSK has exited its investment in its former healthcare arm Haleon after selling off its final stake in the demerged business
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NewsMedia Bites 17 May: Premier Foods, Walmart, Morrisons/lamb
Promotional price cuts to kitchen cupboard staples and the suspension of pension deficit contributions have helped to drive a double-digit rise in annual profits at Premier Foods
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NewsCity snapshot: Premier Foods returns to volume growth after bumper year
Premier Foods has posted a double-digit rise in sales and profits as it gained market share and volumes returned to growth in its fourth quarter
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NewsDiscount Dragon owner Huddled Group plots UK surplus goods ramp-up
The owner of e-commerce brand Discount Dragon is plotting a significant scaling up of its surplus fmcg goods operations to take advantage of booming demand for cheaper branded goods
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NewsMedia Bites 15 May: Greggs, Tesco/Ken Murphy, Brexit borders
Rising wages continue to take a bite out of profit margins at Greggs
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NewsTesco boss Ken Murphy more than doubles his pay to £9.9m
Tesco CEO Ken Murphy saw his pay packet more than double last year to £9.9m as the supermarket’s executive team benefited from hitting performance targets and the vesting of share awards
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NewsCity snapshot: Greggs sales jump in 2024 as it continues to grow store estate
Food-to-go player Greggs has seen another strong uplift in like-for-like sales in the early weeks of 2024 as it continues to grow its store estate
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NewsMedia Bites 13 May: Fever-Tree, Morrisons, apprenticeships
Fever-Tree is teaming up with one of the leading makers of French rosé wine as it seeks to grab a slice of the lucrative spritz market from Aperol
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NewsCity News: AB InBev shows signs of recovery after North America disruption
The world’s largest brewer AB InBev was up this week on hopes it might be emerging from a torrid time in North America
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NewsEthosa raises £230k to strengthen brand
Waterless personal care company Ethosa has raised £230k via crowdfunding to drive growth
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NewsCity snapshot: Ultimate Products sales drop amid weak consumer demand
Household goods manufacturer Ultimate Products has warned that sales have continued to slow following a “disappointing” Spring
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NewsMedia Bites 10 May: John Lewis, Fruugo, Spinneys/Waitrose
John Lewis has shed 3,800 jobs over the past year, as it races to cut costs across its stores