All articles by Ed Devlin – Page 228
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NewsPoundland shares soar on approval of 99p Stores merger
Shares in Poundland have jumped 5.5% this morning as investors reacted positively to news that its £55m acquisition of rival 99p Stores can now go ahead.
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NewsCity snapshot: Poundland takeover of 99p Stores gets green light
Poundland’s £55m takeover of rival discounter 99p Stores has been provisionally cleared by the competition watchdog after facing in-depth scrutiny over the past few months.
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NewsMedia Bites 25 August: Black Monday, Asda Income Tracker, Monsanto
The business sections of today’s papers are dominated by coverage of values on stock markets round the world plunging on ‘Black Monday’
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NewsStock Spirits aims to treble UK revenues
European drinks group Stock Spirits has set its sights on trebling sales in the UK over the next two years after trading difficulties in Poland led to sales and profits plunging in its first half.
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NewsCity snapshot: Naked Wines launches 'text for wine' service
Online crowd funded retailer Naked Wines continues to seek a boost in the fortunes of new owner Majestic Wine
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NewsMedia Bites 24 August: Tesco, BHS, Amazon Fresh
Tesco now looks set to lose out on the sale of its Korean business as well thanks to a slide in the local currency
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Analysis & FeaturesOrange supply squeeze puts pressure on juice suppliers
An expected shortage of fresh oranges from Spain is set to squeeze juice supplies
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Analysis & FeaturesCan Andy Clarke deliver recovery with Asda backs to the wall?
Clarke promises turnaround after worst performance in its history
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NewsWH Smith ignores VAT furore as it beats profit forecasts
Shares in WH Smith fell 1.3% today after the retailer avoided any mention of the ongoing row over alleged pocketing of VAT savings at airports.
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NewsTossed hits fundraising target with support from Andy Murray
Food-to-go retailer Tossed has smashed its fundraising target of £750,000 on crowdfunding platform Seedrs with help from tennis world number two Andy Murray.
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NewsCity Snapshot: Profit warning at Carlsberg as Europe proves tough for new CEO
Carlsberg’s new CEO has issued a profit warning in his first set of results this morning thanks to market decline
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NewsMedia Bites 19 August: M Local, M&S, Asda
Convenience veteran Mike Greene has emerged as the frontman for investment firm Greybull’s bid to takeover M Local; more boardroom upheavel at M&S and Asda’s woes make the papers today.
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Analysis & FeaturesClarke relies on green shoots as Asda reaches ‘nadir’
Andy Clarke today confidently declared that the worst was now over for Asda
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NewsCity snapshot: McColl's refinance £100m bank facilities
C-store operator McColl’s Retail Group has refinanced its £100m funding arrangements with four banks despite its existing facilities still having three more years to run.
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NewsMedia Bites 18 August: Amazon, dairy crisis, Cargill
The papers are dominated by the fallout from a report published by the New York Times over the weekend into Amazon’s working conditions and practices.
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NewsCargill nets salmon feed supplier for €1.35bn
US multinational Cargill has waded further into the rapidly growing market for fish and shrimp with the €1.35bn (£958m) acquisition of salmon feed supplier Ewos.
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NewsDairy Crest/Unilever spreads synergy potential eyed by City
A green light for Müller’s proposed purchase of Dairy Crest’s liquid milk division could trigger fresh consolidation
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NewsYoung's Seafood sale on again as Findus negotiates with Nomad
Nomad Foods’ £500m takeover of the European arm of Findus Group will re-open the sale of the remaining UK business…
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NewsNakd and Trek owner eyes overseas growth after Lotus takeover
Natural Balance Foods, the group behind the Nakd and Trek brands, has been taken over by a Belgian biscuit and cake manufacturer to help it grow its products internationally.
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NewsCity Snapshot: Conviviality Retail edges ahead in race for Matthew Clark
Bargain Booze owner Conviviality Retail has elbowed ahead of rival bidders