All articles by Ed Devlin – Page 196
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NewsBernard Matthews on the block as owner puts up 'for sale' sign
The private equity owner of Bernard Matthews has put the turkey giant up for sale, PwC has confirmed.
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NewsCrawshaw appoints McMeikan as like-for-like sales fall
Like-for-like sales at value meat retailer Crawshaw dipped as footfall on the street decline in recent months. It also appointed Brakes CEO Ken McMeikan as a non-executive director
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NewsMedia Bites 29 June: My Local, Ocado, Brexit, Molson Coors, BHS
Troubled convenience chain My Local has closed almost 90 stores in the past few days and let more than 1,200 workers go as it faces administration, according to this morning’s papers.
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NewsCity snapshot: Greene King sales fizz but boss worries about Brexit impact
Revenues at Greene King have risen 58% to £2.1bn in a “transformational” year for the brewer and pub group in which it acquired the Spirit Pub Company
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NewsBrexit: no immediate impact on grocery sales, say Kantar and Nielsen
Precedent suggests there won’t be a significant impact, experts say
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NewsOcado sales increase but still no overseas deal on the horizon
Ocado first-half revenues rise 15.1% to £584.2m but there is still shows no sign of a long-awaited deal with an international partner
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NewsGrocery market goes into decline for first time in 2016
Sales were down 0.2% in the 12 weeks to 19 June, Kantar Worldpanel data shows
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NewsMedia Bites 28 June: Brexit, BHS, GCA, Nestle, Pepsi
Brexit continues to be the main focus for the papers as the pound fell to a new 31-year low against the dollar yesterday.
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Analysis & FeaturesTesco ends disposals chapter as Caffè Nero buys Harris & Hoole
Tesco has offloaded its Harris & Hoole coffee chain to Caffè Nero, marking the end of the second chapter of its turnaroud according to CEO Dave Lewis.
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NewsTesco like-for-like growth impresses investors
Two successive quarters of like-for-like growth at Tesco got investors on board as CEO Dave Lewis’ efforts to turn the supertanker around continued to show progress.
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NewsCharlie Bigham's sales growth accelerates
Posh ready meal supplier Charlie Bigham’s has accelerated its rapid growth with sales racing 28% higher to £37.8m.
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NewsCity snapshot: Chancellor calms markets in wake of Brexit
Chancellor George Osborne has warned that it is “inevitable” that the UK economy will have to adjust in the wake of Brexit but said there will be no immediate emergency Budget.
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NewsMedia Bites 27 June: Brexit, Ocado, Innocent, Walmart, B&M, Warburtons
Unsurprisingly, the papers are dominated by the vote for Brexit and the fallout of EU referendum as City economists warn that Brexit vote will plunge UK into a new recession.
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NewsBrexit leaves Poundland potential takeover in the balance
South African retail giant Steinhoff is weighing up whether to make a bid for Poundland in the wake of Brexit.
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NewsCity snapshot: Brexit vote sends grocery stocks plummeting
Grocery stocks have plunged by up to 30% so far this morning as world stock markets went into freefall and the pound tumbled to a 30-year low after Britain voted to leave the European Union.
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NewsMedia Bites 24 June: Tesco, BHS, M&S
Tesco quarter one results dominate the business pages this morning, with the supermarket attributing its second straight quarter of sales growth in part to its fresh farm food range.
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NewsSimsons Fisheries thrown a lifeline in rescue deal
Seafood supplier Simsons Fisheries has snapped up out of administration by rival business James Knight of Mayfair, saving the jobs of all the staff.
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NewsHolland & Barrett sales and profits soar
The retailer has demanded a reduction in costs of at least 5% to help fund its ambitious expansion plans
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NewsZenith Hygiene acquires CCL Pentasol
Zenith Hygiene Group has agreed to acquire chemical manufacturer CCL Pentasol to break into new markets in the food, drink and dairy industries.
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NewsMedia Bites 22 June: My Local, Brexit, Stock Spirits, Whitbread
Convenience store chain My Local has filed notice to appoint administrators just nine months after being created from Morrison’s cast-offs; and your favourite supermarket could reveal which side will win your vote in the EU referendum.