Archive of all Competition and Markets Authority articles – Page 47
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NewsCity Snapshot: Former Morrisons boss takes home £2.1m in final 12 months
Sacked Morrisons CEO Dalton Philips was given a total pay package of £2.1m last year, which included a £1m annual bonus. Plus East of England Co-op reports full-year results and Divine Chocolate merges UK and US businesses.
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NewsPork Farms acquisition gets thumbs up from competition watchdog
Pork Farms is a step closer to completing its acquisition of Kerry Foods chilled savoury pastry business after the monopoly regulator provisionally cleared the deal.
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Comment & OpinionWhich? thing to get angry about? We just don't know
We’ve had superheroes, supersizing, super-injunctions and this morning we had a new one to get our heads around – the super-complaint
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NewsWhich? issues 'super-complaint' over supermarket pricing
Which? described its super-complaints as its “most powerful legal weapon” as the CMA will now be compelled by law to respond within 90-days
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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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NewsMedia bites 15 April: Poundland, CPI inflation, Phones4u
Most of the papers remark upon Poundland breaking through the £1bn sales barrier yesterday.
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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: Carr's posts record first-half performance
Listed agriculture and milling group Carr’s has increased pre-tax profits despite its revenues dipping in a record first-half performance. Plus Halfords loses another leading executive.
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NewsNFRN threatens wholesalers with CMA carriage charge referral
The trade body is demanding that savings made due to the drop in fuel prices should be passed on to retailers through a reduction in carriage charges
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NewsCity News: Rollercoaster ride for Poundland as CMA investigation steps up
The announcement caused an immediate plunge in Poundland’s share price before bouncing back minutes later
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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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NewsPoundland’s 99p acquisition faces in-depth monopolies probe
Poundland’s takeover of the 99p Stores chain will be referred for an in-depth investigation “unless acceptable undertakings are offered”, the Competition and Markets Authority has confirmed today.
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NewsHigh-strength booze ban hit by retailer's legal challenge
A retailer in the city has successfully taken legal action to have conditions on his licence limiting the sale of high-strength alcohol removed
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NewsMüller acquisition of Dairy Crest moves one step closer
European Commission refers the proposed £80m transaction back to the UK’s Competition and Markets Authority
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NewsCity Snapshot: Soaring sales at Fever-Tree
Sales and earnings soar at premium mixer brand Fever-Tree. Plus positive first-half figures send Finsbury Food Group shares upwards, and Dairy Crest’s sale of its dairies to Müller is back in the hands of the CMA.
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NewsHussein Lalani plans new venture as CMA probes Poundland deal
After Poundland take-over, Hussein Lalani will either launch an online channel for 99p Stores, or expand the brand to Tanzania
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Analysis & FeaturesWhy is Poundland cosying up with neighbouring 99p Stores?
99p Stores has been touted for sale since 2011. So it wasn’t entirely unexpected when Poundland announced…
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Analysis & Features99p Stores deal is a "step change" for Poundland store opening programme
Poundland’s shares soar on news of 99p Stores takeover - pushing market cap past £1bn - but what opportunities does CEO Jim McCarthy think a combination brings?
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NewsPoundland agrees £55m deal to buy 99p Stores
Poundland has announced it is to buy rival fixed-price discounter 99p Stores this morning in a deal worth £55m.
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NewsCity snapshot: Poundland to swallow up rival fixed price discounter 99p Stores for £55m
Poundland agrees to £55m takeover of rival discounter 99p Stores. Plus a profit warning from Tate & Lyle sends shares spiralling - and the latest movements from the rest of stock market.