All articles by Ed Devlin – Page 202
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NewsMedia Bites 22 April: Executive pay, retail sales, SABMiller
It’s a quiet morning for retail in the papers but the issue of excessive executive pay in general rumbles on with a report by City bosses, including Sainsbury’s chairman David Tyler, calling the system not “fit for purpose”.
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NewsCity snapshot: Young's Seafood eyes acquisitions to get back in growth
Young’s Seafood CEO talks exclusively to The Grocer about the latest accounts
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NewsSABMiller boosts volumes but revenues hit by strong dollar
For the full year, premium lager brand volumes grew by 6%
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NewsMedia Bites 21 April: Coca-Cola, McDonald's, Yum
Coke profits fall in Q1 on weak demand for fizzy drinks; McDonald’s faces a reported $300m tax bill in France; and Yum Brands shares rise as a Chinese KFC promotion lifts sales.
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NewsWarner Edwards wins £150k to ‘turbo-charge’ growth
Craft gin producer secures £150k to invest in capacity after winning a national competition for small and medium-sized businesses.
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NewsNational living wage could spark spate of collapses - Begbies Traynor
Almost 60,000 companies in the UK were in a “dire” financial state when NLW was implemented
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NewsMedia Bites 20 April: Which?, ABF, Pret A Manger, Premier Foods
A new investigation by consumer group Which? makes headlines this morning after it revealed food giants and supermarkets are still shrinking the size of popular items and increasing prices.
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NewsHeineken beer volumes jump 7% in Q1
The Dutch brewer reported this morning in a trading update that it had shifted 43.5 million hectolitres
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NewsPret A Manager sales soar as veggie demand increases
Food-on-the-go chain Pret A Manger has hiked sales by 14% to £676.2m in 2015
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NewsDanone confirms full-year target as like-for-like sales grow in Q1
Danone sales fell 3% in the first quarter to €5.31bn as it faced into severe currency headwinds of -7.2% but like-for-like figures grow 3.5%.
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NewsAsahi agrees £2bn deal for Peroni, Grolsch and Meantime
Exclusive talks between AB InBev and Asahi since February result in £2bn deal for premium lager brands Peroni and Grolsch, as well as London brewery Meantime.
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NewsMedia Bites 19 April: Reckitt Benckiser, Pepsi, Waitrose
Reckitt Benckiser revealed a healthy start to the year but the controversy over the huge pay packet of CEO Rakesh Kapoor is still making headlines.
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NewsABF records small sugar profit but revenues decline
Sales have been hit by exchange rates at ABF in the first half
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NewsStock Spirits CEO steps down
Stock Spirits CEO Chris Heath has bowed to shareholder pressure and announced he is stepping down
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NewsMedia Bites 18 April: Sainsbury's, Boots, Ahold
A consortium has abandoned secret plans to launch a takeover bid for Sainsbury’s
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NewsReckitt Benckiser records solid growth in quarter one
Developing markets recorded double-digit growth in like-for-like sales for RB
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NewsTesco turnaround fails to impress the City
On the face of it there was plenty to celebrate in the Tesco annual results this week
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NewsBrexit could push food manufacturers over the edge, Begbies warns
Brexit could be “disaster” for struggling UK exporters, with food and drink makers particularly in danger
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NewsElla's Kitchen hits 10 successive years of double-digit growth
Revenues increased 10% to £51.2m in the year to 30 June 2015, with sales in the UK up 12% to £40.5m
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NewsHIG shakes up Adelie management amid trading slowdown
Martin Johnson took over as CEO from Gavin Cox in February following a planned management restructure by the board