Grocery and FMCG finance news, analysis and insight

Grocer 200: Prices are delayed by at least 15 mins

Finance news

City snapshot: Annual losses balloon at Tate & Lyle Sugars

2019-05-24T07:56:00+01:00By Alec Mattinson

Halloumi prices increased after warnings of shortages

Tesco was the latest supermarket to hike prices, after Asda, Waitrose and Sainsbury’s

City snapshot: Annual losses balloon at Tate & Lyle Sugars

Losses ballooned at Tate & Lyle Sugars as the glut of sugar production in the EU following the end of quotas hammered prices and profitability. Plus, annual losses at parent and young children specialist retailer Mothercare rose to £87.3m last year and all the rest of the latest news from the City.

Media Bites 24 May: B&M, Sainsbury's/Asda, Casino

The chief executive of value retailer B&M has played down speculation that the company might attempt a reverse takeover of Asda

Leon expansion behind loss despite 25% sales jump

Leon cited concerns about rising business rates, wages and food inflation as well as uncertainly surrounding Brexit

Danish Crown sees benefits of boost in pork exports to China

Danish Crown pointed to the ‘unprecedented recovery’ in the pork market in recent months

FrieslandCampina promotes Will Jones to MD

Jones was the supplier’s grocery and marketing director after joining in 2015 from travel business TUI

Finance reports

Results

Leon expansion behind loss despite 25% sales jump

Fundraising

M&S announces £600m discounted rights issue to fund Ocado JV

Pay and Jobs

2 Sisters set to close another poultry site as part of restructure

M&A

CMA proposes 10-year block on further Sainsbury’s-Asda merger action

Economy

Town centre vacancy rates soar

Share prices

Company and Sector Performance Tracker

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Brexit news and analysis

Grocer Price Index

Asda pressures rivals with highest overall price cuts

The retailer has emerged as the primary driver of grocery prices moving back into deflation this year

The Grocer Price Index - Categories
The Grocer Price Index - Retailers

The GPI tracks pricing of more than 70,000 grocery products using a 12-month chained index. The index was set at 100 in September 2008. The average does not include Waitrose. The GPI is compiled by Brand View.