All articles by Ed Devlin – Page 198
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NewsMedia Bites 6 July: Sainsbury's, Brexit, BHS
An update on the takeover of Argos owner Home Retail Group by Sainsbury’s yesterday picks up coverage in most papers this morning after the supermarket published a 188-page prospectus detailing how the merger would go ahead.
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NewsFood price deflation deepens in June
The latest BRC – Nielsen shop price index for June revealed that food prices were down 0.8% last month
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NewsConsumer products firms hungry for deals
Consumer products and retail companies have the greatest appetite for mergers and acquisitions out of 19 sectors, a global survey by EY has found.
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NewsMedia Bites 4 July: Bernard Matthews, Hershey, Waitrose, Charlie Bigham's M&S, Brexit
Ranjit Boparan has been flagged as the front-runner in a flock of bidders for turkey supplier Bernard Matthews after private equity owner Rutland Partners put it up for sale.
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NewsCity snapshot: Refresco bulks up finances for more deals
European drinks bottler Refresco Group has refinanced its €672m loan facility to help fund more acquisitions.
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NewsWilko hails 'year of recovery' as sales grow for first time in three years
Wilko has halted three consecutive years of declining sales thanks to a “buoyant” Christmas and its growing portfolio of stores
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NewsWaitrose profits slump as John Lewis pension costs bite
Waitrose pre-tax profits slumped 17.4% last year as the supermarket slugged it out in a brutal price war with the big four and the discounters.
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NewsBrexit: loss of launchpad role puts UK food deals at risk
Global players may no longer view a UK that is outside the single European market as the ideal beachhead for an expansion
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NewsJeff van der Eems to aid Continental Bakeries in biscuits
It comes as Goldman Sachs and investment firm Silverfern completed the acquisition of Continental Bakeries from NPM Capital
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News
Bernard 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.