All articles by Ed Devlin – Page 56
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NewsMedia Bites 13 January: Tesco, M&S, Hilton Foods
The papers are filled with all the Christmas trading updates from ‘Super Thursday’, particularly focusing on Tesco and M&S.
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NewsMedia Bites 12 January: Sainsbury’s, Deliveroo, Warpaint London
There is little grocery news in the papers this morning aside from the Christmas trading update at Sainsbury’s.
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NewsValeo Foods brings in former Birds Eye boss Hudson to lead snacks division
Hudson has taken a temporary role at Valeo Foods to lead the group’s UK snacks business, responsible for the likes of Kettle, Manomasa and Fox’s
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NewsCrussh food-to-go operator rescued in pre-pack adminstration deal
Food-to-go and juice bar group Crussh has been rescued after collapsing into administration, saving more than 160 jobs
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NewsCity snapshot: Record Christmas for Sainsbury’s as inflation lifts sales
Sainsbury’s has upped its profits expectations for the year after reporting a record Christmas. Plus, Nichols reports full-year trading update and reveals new chairman appointment.
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NewsMedia Bites 10 January: Lidl, Aldi, Waitrose, Sainsbury’s, BrewDog, McDonald’s
A packed morning of news in the papers, with the Christmas trading update from Lidl making headlines
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Analysis & FeaturesHow Unilever provided safe haven amid 2022’s stock market storm
Unilever seems a ‘safe haven’, but the turmoil of 2022 was tough for many of the listed players. So who fared best… and worst?
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NewsCity News: B&M, Greggs and Next provide investors with some Christmas cheer
Bargain hunters looking to stretch budgets helped B&M and Greggs, while Next raised profit forecasts following better-than-expected festive trading.
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NewsCity snapshot: Lidl attracts 1.3 million new customers over Christmas
Lidl has this morning reported that it attracted more than an additional 1.3 million customers in the run up to Christmas as sales increased 24.5%.
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NewsNorthern Bloc acquires two heritage ice cream makers as it ramps up capacity at new Leeds HQ
The acquisitions of Criterion Ices and Marine Ices will boost revenues by an additional £2m
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NewsMedia Bites 5 January: Kantar, Sainsbury’s, Wilko, Amazon
There’s plenty of retail news in this morning’s papers to chew over following the latest Kantar Christmas spending data, Sainsbury’s raising shop-floor pay and Wilko securing fresh funding.
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NewsGlobal Brands takes control of Hooch, Hooper’s and Reef from Molson Coors
The three brands have been produced and distributed by Global Brands since 2012, under licence from the North American brewing giant.
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NewsCity snapshot: Soaring prices deliver record Christmas supermarket sales
Spending in supermarkets has breached the £12bn barrier for the first time this Christmas thanks to soaring inflation, new Kantar figures have revealed. Plus, the BRC-NielsenIQ shop price index shows a new record for food inflation.
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NewsMedia Bites 3 January: Hospitality, footfall, shop closures
All the retail and fmcg news from the last few days as 2023 gets underway.
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NewsCity snapshot: NWF expands reach with £10m fuel oils deal as H1 trading remains ‘strong’
Specialist fuel, food and feed distributor NWF Group has reported “strong” first-half trading and announced a £10m acquisition in an update to the London Stock Exchange this morning. Plus, Greencore hands Sheffield workers a bumper pay increases ahead of Christmas
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NewsMedia Bites 22 December: fuel prices, Pret, Wilko, THG, Lidl
There’s plenty to digest in this morning’s papers, including claims that supermarkets are ‘heartlessly overcharging’ as fuel hits a festive peak.
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NewsCity snapshot: General Mills upgrades sales and profits guidance as Q2 beats expectations
General Mills has raised full-year forecasts for its top and bottom lines after beating expectations in the group’s second quarter. Plus, Pets at Home appoints former Asda boss Roger Burnley as non-exec.
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NewsMedia Bites 21 December: THG, AG Barr, Amazon
Troubled online beauty retailer THG faces pressure on its cashflow after a leading credit insurer reduced cover to its suppliers.
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NewsMondelez offloads chewing gum assets in US, Canada and Europe to Perfetti Van Melle for $1.4bn
The deal only includes the business in the US, Canada and Europe, with Mondelez retaining its gum holdings across Latin America, Asia, Middle East and Africa.
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NewsCity snapshot: AG Barr snaps up remaining stake in Moma Foods
AG Barr has acquired the remaining minority stake in plant-based milk brand Moma Foods for £3.4m. Plus, Hilton Food Group forms long-term strategic collaboration in Singapore with Country Foods.