Clive Black news and analysis – Page 20
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NewsTesco analysts bullish about prospects despite profit forecasts
Analysts expect good news as well as bad in Wednesday’s results
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NewsCity Snapshot: Supermarket war takes toll on suppliers and producers
Supplier and food producers are feeling the pain of the long and brutal supermarket price war in what recovery specialist Begbies Traynor said was a “savage landscape”.
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NewsMedia Bites 20 April: Tesco, Birds Eye, Co-op
Tesco readies itself for ‘horror show’ results, Birds Eye owner Iglo set to be sold for €2.6bn, and Co-op can’t commit to Fairtrade in tough trading environment
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NewsPoundland sticks to its guns forcing in-depth CMA investigation of 99p deal
Poundland £55m acquisition of rival discounter 99p Stores will face in-depth scrutiny from the Competition and Markets Authority after the group decided not to allay the watchdog’s monopoly fears.
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Category ReportFocus on Own label
Own label is transforming. Out goes ‘good, better, best’ as price boundaries blur and retailers roll out specialised ranges
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NewsPoundland sales break through £1bn despite fourth quarter slowdown
Sales at Poundland soard through the £1bn barrier last year after the fixed price discounter achieved an 11.8% revenue boost on a constant currency basis.
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NewsCity snapshot: Poundland sales up 11.8% as revenues pass £1bn
Poundland achieved an 11.8% revenues boost in the 12 months to 28 March with sales, excluding its Spanish trial, reaching £1.1bn. UK retail sales increased by 3.2% on a like-for-like basis during March, Majestic Wine shares soar plus the all the latest from the City.
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Comment & OpinionAs Aldi overtakes Waitrose, how big can the discounter be?
The big question is no longer whether Aldi and Lidl can keep growing. It’s just how big they will ultimately be.
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NewsMedia Bites 10 March: Poundland, Co-op, Boots
Three retailers dominate the business pages this morning as Poundland is frustrated by the monopoly watchdog, Co-op’s rescue plan gains traction and Walgreens Boots Alliance reports first half results.
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Analysis & FeaturesM&S defies price war headwinds, but for how long?
The long-awaited rebound in general merchandise has understandably dominated coverage of Marks & Spencer’s full-year trading numbers, but the continued growth in food is no less notable.
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NewsM&S shares soar as food sales grow and clothing turns a corner
Shares in Marks & Spencer have shot up to a new seven-year high as the group revealed it performed ahead of the grocery market in the fourth quarter and reversed 14 straight quarters of declining fashion sales.
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NewsHilton revenues fall as prices and currency movements bite
Revenues reduced by 2.3% from £1.12bn to £1.1bn, reflecting a 4.6% unfavourable movement in exchange translation
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NewsSainsbury’s Mike Coupe says price war narrowing discounter gap
Huge price investments by the major multiples have begun to close the price gap on Aldi and Lidl,…
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Analysis & FeaturesThe Grocer Says: Sainsbury's beats forecasts but a return to growth remains a distant prospect
Sainsbury’s share were up by 5.5% from their Friday close price early this morning after its fourth quarter like-for-like sales defied doom-mongering forecasts.
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Comment & OpinionDiscounters force SKU hierarchy reappraisal
Private-label development in the UK has been characterised for some years now by the ‘good, better, best’ hierarchy…
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Analysis & FeaturesWaitrose profits face a price war pummelling
Waitrose annual results next week are expected to show the supermarket is increasingly being dragged down into the price war
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Analysis & FeaturesSupermarket land banks: up for sale?
If you believe the hype, the supermarkets are sitting idle on huge land banks up and down the UK. What’s the truth?…
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NewsMorrisons appoints David Potts as its next chief executive
Morrisons has appointed former Tesco director David Potts as its next chief executive. Chairman Andrew Higginson said he was the “best retailer” he had worked with in 25 years in the industry.
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NewsCity Snapshot: Analysts hail the appointment of Morrisons CEO David Potts
Morrisons appoints David Potts as its next CEO, sending shares upward; Glanbia reports strong year-end figures; and Supergroup CFO leaves after being declared personally bankrupt. Plus all the latest share price moves.
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NewsCity reacts to John Allan's appointment as Tesco chairman
The arrival of new chairman John Allan at Tesco will allow CEO Dave Lewis to get on with leading its recovery…