All articles by Alec Mattinson – Page 9
-
News
City snapshot: Grocery price inflation falls to single digits for the first time in 16 months
Grocery price inflation hit single digits for the first time in 16 months in October as overall grocery growth continues to be driven by higher pricing. Plus Naked Wines issues profits warning as CEO departs and updates from ABF and Hilton Food Group
-
News
Media Bites 7 November: Retail spending, Unilever, recycling
Source: GettyImages Growth in UK retail and consumer spending slowed last month to rates well below inflation, according to sector data that points to households cutting purchases ahead of the busiest shopping season of the year (Financial Times £). Retail sales slowed last month as people eased ...
-
News
City snapshot: Kitwave CEO to step down as ‘positive momentum’ continues
Listed wholesaler Kitwave Group has announced its CEO Paul Young will retire at the company’s AGM in March 2024
-
News
Media Bites 6 November: Grocery inflation, Klarna, Marks & Spencer
Supermarket bosses have said they do not expect food prices to fall next year, adding to evidence that inflation will persist through 2024
-
News
City news: Sainsbury’s shares buoyed by market share gains
Sainsbury’s shares were buoyed this week by a higher than expected earnings projections as market share gains boosted sales in its first half results
-
Analysis and Features
How Britain’s 150 biggest food and drink suppliers are faring
Big or small, own-label or branded, the UK’s food and drink suppliers are struggling to balance cost inflation recovery with volume and share, finds the OC&C 150 report
-
News
City snapshot: Retail footfall slides as wet weather hits UK
UK retail footfall fell back in October as wet weather and the ongoing cost of living squeeze hit shopper numbers
-
News
City snapshot: Sainsbury’s ups profit guidance following market share gains
Sainsbury’s has said it expects to hit the upper end of previous profit guidance after making strong market share gains in the first half as it put food “firmly at the heart” of the business
-
News
Media Bites 1 November: Carlsberg, AB InBev, Marks & Spencer
Carlsberg’s chief executive has warned of weak consumer sentiment and denounced Moscow’s seizure of its Russian subsidiary
-
News
City Snapshot: Shop price inflation falls to 14 month low
Shop price annual inflation has eased to its lowest level since August 2022, falling to 5.2% in October from 6.2% in September. Plus trading updates from AB InBev, Carlsberg and Coca-Cola HBC.
-
News
Media Bites 30 October: The Body Shop, Sainsbury’s, Pubs
The private equity investor that owns Footasylum is in pole position to buy The Body Shop
-
News
City News: Reckitt Benckiser’s £1bn share buyback fails to win over City
A £1bn share buyback was not enough to placate Reckitt Benckiser investors this week, as the consumer giant’s shares slid back on weaker-than-expected sales volumes
-
News
Unilever boss unveils strategy ‘action plan’ as business sells Dollar Shave Club
Unilever this week kicked off a strategy reset to focus on its core brands and sell off the Dollar Shave Club
-
News
City snapshot: Rémy Cointreau hit by sharp US sales slowdown
French spirit maker Rémy Cointreau has slashed growth expectations after posting a double-digit drop in organic sales in its second quarter amid a slowdown of sales in the US
-
News
Media Bites 27 October: Unilever, Tesco, Wilko
Unilever’s new chief executive said that the idea of corporate purpose could be an ‘unwelcome distraction’ for some brands
-
News
City snapshot: Unilever sales growth slows as volumes remain in decline
Sales growth at Unilever slowed to 5.2% in the third quarter as pricing eased and volumes remained in decline. Plus trading updates from Danone, DS Smith and C&C Group
-
News
Media Bites 25 October: Christmas retail, Shoplifting, AG Barr
Britons are planning to party at home and save on trips out this Christmas as the cost of living crisis continues to put a dampener on celebrations
-
News
City snapshot: AG Barr acquires Rio soft drinks brand
AG Barr has announced it has agreed a deal to acquire Rio Tropical, the owner of the Rio soft drinks brand.
-
News
Media Bites 23 October: UK retail, Pret a Manger, John Lewis Partnership
High streets are in the grip of a ‘retail recession’, economists have warned, after shop sales slumped unexpectedly rapidly in September
-
News
Media Bites 11 October: Grocery inflation, PepsiCo, Greencore
The pace of grocery prices inflation has slowed to its lowest rate in 15 months, with the average cost of a pack of butter now 16p less than a year ago