Clive Black news and analysis – Page 9
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NewsAnalysis reveals true cost to retailers of business rates relief payback
The value of business rates relief over 12 weeks has been compared with grocery-only sales figures from Kantar for the same period for the 10 biggest supermarkets
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Comment & OpinionTesco’s business rates refund power play puts rivals in an awkward position
Tesco’s decision to refund its controversial business rates windfall has been widely interpreted as a masterstroke
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Analysis & FeaturesTesco business rates payback: the industry reacts
Industry and City analysts respond to Tesco’s repayment of £585m in government BR relief
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NewsNI food industry comes together to battle ‘competitive disadvantage’
Farmers and processors have formed a strategic partnership to initiate change in the sector
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NewsSignificant Covid outbreak at Cranswick pork plant in Norfolk
The pork processing giant said it expected some disruption to production as a result of the outbreak
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NewsTesco’s smooth transition to Ken Murphy wins analyst approval
Ken Murphy on Wednesday revealed that sales soared 6.6% in Tesco’s first half to £26.7bn
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ProfilesHow did ‘continuity candidate’ Ken Murphy fare in first outing as Tesco boss?
The new Tesco boss said he was fully behind its EDLP push, expected the online boom to remain – and showed flashes of charisma
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Analysis & FeaturesWhy does EG Group want to buy Asda and what will it do with it?
The deal with TDR Capital and the Issa brothers would put raw entrepreneurship and ambition in the driving seat at Asda
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NewsCity news: AG Barr shares flourish after showing Covid resilience
Shares in Irn-Bru maker AG Barr fizzed more than 15% higher to 430p on Tuesday after it assured investors of the strength of its balance sheet and floated the prospect of a resumption in dividend payments next year.
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NewsSupermarkets to withdraw from NI if trade talks fail
Businesses will not “not sit around and pontificate” if friction is permanent
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Comment & OpinionSupermarkets’ price cuts put them on collision course with suppliers
The big four are desperate not to lose ground to the discounters, as they did in 2008/9
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NewsAsda sets sights on one million online delivery slots by next year
The retailer has seen digital sales surge and is expanding its delivery partnership trial with Uber Eats
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Analysis & FeaturesWith negotiations back on after lockdown, what now for Walmart’s sale of Asda?
Walmart has restarted talks with a number of third-party investors
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NewsCity News: Premier Foods shares boosted by news of possible Hovis sale
The bread brand’s 51% owner Gores Group has reportedly hired banker Baird to find a buyer for Hovis
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NewsAdelie food-to-go customers up for grabs as it enters administration
The UK sandwich market is set for further consolidation into a duopoly after number three player Adelie fell into administration this week
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NewsMedia Bites 4 May: Business confidence, Government aid, McDonald’s
Business leaders have suffered a record drop in confidence during the pandemic and fear the economic recovery will be slow.
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NewsTesco’s coronavirus sales growth outstrips discounters as convenience sales soar
The UK’s largest supermarket Tesco grew sales at a faster rate than the German discounters in April, while convenience sales continue to boom
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Comment & OpinionWill Tesco push ahead with its dividend payment and risk a PR storm?
Tesco is reportedly set to press ahead with a £550m dividend payment to shareholders this week
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NewsGreencore and Bakkavor’s food to go businesses savaged by coronavirus outbreak
While the supermarkets have experienced unprecedented levels of demand and sales growth in the midst of the coronavirus outbreak, the demand mechanics for two key listed grocery suppliers have been rather more mixed.
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NewsCoronavirus demand surge supercharges grocery industry growth
The UK grocery industry experienced its strongest four-week period on record in March, with overall industry growth of more than 20% and the sales increase of established players rivalling that of the discounters