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
Media Bites 13 May: Fever-Tree, Morrisons, apprenticeships
Fever-Tree is teaming up with one of the leading makers of French rosé wine as it seeks to grab a slice of the lucrative spritz market from Aperol
- News
Ethosa raises £230k to strengthen brand
Waterless personal care company Ethosa has raised £230k via crowdfunding to drive growth
- News
City snapshot: Ultimate Products sales drop amid weak consumer demand
Household goods manufacturer Ultimate Products has warned that sales have continued to slow following a “disappointing” Spring
- News
Media Bites 10 May: John Lewis, Fruugo, Spinneys/Waitrose
John Lewis has shed 3,800 jobs over the past year, as it races to cut costs across its stores
- News
Home Dough Pizza launches investment drive amid ad agency partnership
Home Dough Pizza, a ‘restaurant quality’ pizza startup with listings across London, has kicked off a drive for new investment to take the brand national
- News
City snapshot: Beyond Meat sees 18% sales plunge on weakening plant-based demand
Vegan foods pioneer Beyond Meat saw an 18% plunge in first quarter revenues as demand in the category continues to weaken
- News
Media Bites 9 May: BrewDog/James Watt, AB InBev, JD Wetherspoon
James Watt, the founder and chief executive of BrewDog, is stepping down following a turbulent period in charge of one of the country’s most successful and controversial homegrown brands
- News
2 Sisters owner Boparan remains £23m in the red despite price hikes
2 Sisters owner Boparan remained £23.1m in the red last year despite a double-digit rise in sales as soaring cost inflation hit the poultry giant’s bottom line
- News
City snapshot: Pricing drives growth at AB InBev despite US struggles
The world’s largest brewer AB InBev grew first quarter revenues despite a dip in volumes and ongoing struggles in the US. Plus updates from Henkel, Ahold Delhaize and all the rest of the latest news from the City
- News
Media Bites 8 May: Morrisons, pubs, tea
Sandpiper CI has sold most of its supermarket franchises to the company that owns and runs Morrisons in the UK and Gibraltar
- News
Doughlicious receives £3.5m backing from Triple B to help fund US push
UK-based cookie dough brand Doughlicious has raised £3.5m of new funding to underpin ambitions to push into the US market
- News
City snapshot: UK retail sales slump in ‘dismal’ weather
UK retail sales fell back in April signifying a ‘depressing start to Spring” as wet weather suppressed activity
- News
Media Bites 7 May: Asda, Heineken, UK farming
Asda’s owners created nearly £1.5bn of new liabilities to finance a buyout of a petrol stations busines
- News
City News: Haleon shares take hit as sales volumes swing backwards
Shares in consumer health giant Haleon took a hit this week after sales volumes went backwards in the early months of 2024 to undershoot expectations
- Analysis and Features
Can St Tropez and Nigeria exits fix PZ Cussons’ woes?
Long-suffering shareholders have backed the new action plan
- News
City snapshot: Diageo announces CCEP’s Nik Jhangiani as CFO
Diageo has announced Nik Jhangiani will become its CFO later in the year. Plus, Asda refinances £3.2bn of debt and all the rest of the news from the City
- News
Premier Foods to exit frozen pizza bases amid focus on brands
Premier Foods is to exit the frozen pizza category and close a factory employing 57 staff as it continues to focus on branded growth
- News
City snapshot: UK grocery growth slows as inflation eases
UK grocery sales growth slowed last month as food price inflation continues to ease and shoppers cut back after Easter
- News
City snapshot: Haleon grows first quarter sales on price increases
FTSE 100 consumer health player Haleon has posted a ‘solid’ start to the year, despite a volume and headline revenue decline in the first three months of 2024.
- News
Media Bites 1 May: US fmcg, McDonald’s, Lidl
The world’s largest food and drinks companies have said that poorer consumers in the US are cutting their spending in the face of persistent price rises