Alec Mattinson
Alec leads The Grocer’s expanding coverage of all things finance-related. Follow Alec on Twitter: @AlecMattinson
Contact info
- Tel:
- 01293 610512
- Email:
- alec.mattinson@thegrocer.co.uk
- News
Morrisons posts strongest sales growth in three years
The Bradford-based grocer on Thursday announced a 4.6% rise in group like-for-like sales (ex fuel) in its first quarter to 28th January
- News
Media Bites 27 March: Grocery inflation, Ocado, Fevertree
Grocery inflation has fallen to its lowest level in two years as the cost of living crisis finally eases
- News
City News: Deliveroo shares rise as it progresses towards break-even
Deliveroo shares were up on Thursday as the delivery giant moved closer to breaking even, but concerns persist over its ability to meet demanding growth forecasts amid cuts to marketing
- News
Genius losses rise to £2.4m in first year of Katjes ownership
Losses increased at gluten-free bakery Genius Foods in the year of its takeover by German confectionery group Katjes
- News
City snapshot: John Lewis Partnership bounces back to profit on strong Waitrose performance
The John Lewis Partnership has rebounded into annual profit on strong sales and profit growth at Waitrose, but it will not pay a staff bonus again for the year
- News
Media Bites 13 March: Morrisons, CMA/vet sector, Aldi
The parent company of Wm Morrison has reported an annual loss of more than £1bn due in part to high debt finance costs
- News
City snapshot: Domino’s Pizza grows sales and profits as costs ease
UK takeaway franchise player Domino’s Pizza group posted a rise in order count and sales last year on new store openings and increased market share
- News
City snapshot: Property giant British Land raids Marston’s for chair appointment
British Land has announced it has appointed current Marston’s char William Rucker as its own chair designate
- News
Media Bites 11 March: John Lewis Partnership, Sainsbury’s, Morrisons
The owner of John Lewis and Waitrose is expected to announce that it has bounced back into the black – but workers are unlikely to see a payout
- News
Borough Broth acquires vegan curry brand SpiceBox
Borough Broth has acquired vegan curry producer SpiceBox, the Indian foods retail brand founded by Grace Regan
- News
Greggs is a ‘well-oiled machine’ as sales and profits soar
The public’s appetite for sausage rolls and baked slices has remained steady despite the pressures of the cost of living crisis, as shown in bumper results from Greggs this week
- News
City snapshot: Mondi and DS Smith agree £5.1bn merger
Packaging giants Mondi and DS Smith have agreed terms for a £5.1bn deal that will create “global leader in flexible packaging”
- News
Media Bites 8 March: Marks & Spencer, Tesco, salmon farming
The departing boss of Marks and Spencer has been tipped to run John Lewis
- News
City snapshot: M&S joint CEO Katie Bickerstaffe to step down
Marks & Spencer has announced that joint CEO Katie Bickerstaffe will step away from the company this year
- Comment and Opinion
Jeremy Hunt’s spring budget is all hat and no rabbits
Dubbed a pre-election giveaway budget, the most notable giveaways were towards the bastions of Fleet Street who had already been tipped off about all the major announcements
- News
Lindt & Sprüngli improves margins on double-digit sales growth
Global confectionery giant Lindt & Sprüngli has posted double-digit sales growth and margin improvement last year, helped by price increases and a rebound in travel retail
- News
Media Bites 6 March: Greggs, Grocery market share, EG Group
The appetite for Greggs’ sausage rolls and steak bakes shows no sign of slowing down after the bakery chain dethroned McDonald’s to become Britain’s most popular breakfast spot
- News
City snapshot: Grocery sales growth slows as food price inflation eases
Supermarket sales growth slowed to 5.3% during February as food price inflation continues to fall. Plus results from Greggs, Bakkavor and all the rest of this morning’s news from the City
- News
EG Group sees full-year profits dip as fuel prices fall
Forecourt giant EG Group saw full-year profits dip last year on lower fuel prices and ‘oil volatility’
- News
Media Bites 4 March: Ocado/M&S, Asda, chocolate prices
Are Ocado and M&S running out of road, asks The Times. M&S and Ocado could be heading for dispute over the terms of their JV