All articles by Ed Devlin – Page 200
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NewsBath Ales falls to a loss despite frothy sales
Bath Ales has fallen into the red despite revenues increasing 7% to £15.6m, with strong demand for bottles of its flagship Gem amber ale at the supermarkets helping fuel growth.
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NewsEagle Eye warns of lower than expected sales
Shares in Eagle Eye Solutions, which has major contracts with Asda and Sainsbury’s, have crashed today after the tech group said full-year sales would be lower than expected.
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NewsFiddes Payne management shake-up continues
Departure of FD Robert Moorhouse and commercial director Mark Grahame follows December exit of MD Iain Macpherson
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NewsHealth Rack shuts stores in rescue deal
Supplements retailer Health Rack has closed five stores outside its North West heartland
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NewsSainsbury's shares survive like-for-like sales decline
The market looked kindly on the like-for-like sales decline at Sainsbury’s this week
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NewsDairy Partners profits balloon on back of global pizza boom
Mozzarella and pizza cheese producer Dairy Partners has recorded a more than 11-fold increase in profits
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NewsTesco to offload Giraffe to Ranjit Boparan
Tesco has agreed to sell Giraffe to 2 Sisters owner Ranjit Boparan as the supermarket continues its strategy of disposing of non-core assets.
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NewsMedia Bites 10 June: M&S, Argos, Morrisons, Boots
The M&S annual report and the pay of Marc Bolland and Steve Rowe is poured over; the Q1 sales growth for Argos also features, alongside a management shake up at Boots.
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NewsCity snapshot: Iceland slows decline of like-for-like sales
aroIceland has slowed the rate of decline in its like-for-like sales thanks to new initiatives introduced throughout the year. Plus Tesco agrees the sale of Giraffe; and Sainsbury’s CFO John Rogers to take charge of Argos.
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NewsArgos puts in best performance for two years
Home Retail Group has given Sainsbury’s a boost today as it revealed Argos put in its strongest sales growth performance in eight quarters.
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NewsWH Smith shares fall despite Q3 sales rise
Sales at WH Smith have increased 2% in the third quarter thanks to continued growth at the retailer’s travel division.
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NewsMedia Bites 8 June: Asda, United Biscuits, Amazon Fresh
Reaction to news that Andy Clarke is preparing to hand over the reigns at Asda; United Biscuits owner is planning London IPO; and more rumours about the timetable for the UK arrival of Amazon Fresh.
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NewsSainsbury's like-for-like sales fall in Q1
Like-for-like sales tumble 0.8% at Sainsbury’s, with total retail sales up just 0.3%
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NewsRefresco rebrands as it eyes global expansion
Refresco Gerber has rebranded following the successful integration of the Refresco and Gerber juice businesses.
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NewsConviviality appoints former Carlsberg UK boss as MD of trading division
Lousada was in charge of Carlsberg UK from January 2014 to October 2015
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NewsMedia Bites 6 June: Sainsbury's, M&S, Asahi, Diageo, BHS
The weekend was dominated by the fallout of the final collapse of BHS, but there was still room for a preview of the upcoming Sainsbury’s Q1 results.
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NewsCity snapshot: Walmart fighting talk sends UK supermarket shares spiralling
Aggressive talk from Asda owner Walmart about plans to turn up the heat in the UK price war sent investors running from supermarket stocks.
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NewsSainsbury’s CEO Mike Coupe bags bumper bonus
Sainsbury’s boss Mike Coupe’s pay packet has increased 65% to £2.8m in his first full year as CEO thanks to an annual bonus of almost £800k despite profits at the supermarket slumping 14% last year.
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NewsGiles Brook backs Dalston's revamp as it scales up
Dalston’s has also brought in Cawston Press sales director Dan Broughton as MD
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NewsMedia Bites 3 June: BHS, PureCircle
As a quiet week for grocery and retail draws to a close, BHS is inevitability in the spotlight this morning after finally collapsing yesterday.