All Inflation articles – Page 110
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NewsCity snapshot: Morrisons agrees to new £7bn CD&R bid
US private equity giant Clayton, Dubilier & Rice has moved into pole position in the bidding war for Morrisons, having agreed a new £7bn 285p per share bid for the supermarket.
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Comment & OpinionInflation: how grocery sector should prepare as pressure ramps up
Shoppers will notice their bill increasing and will start to stop and think a bit more about value, says Jeremy Garlick, partner at Insight Traction
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NewsMedia Bites 19 August: Nando’s, Philip Morris, Carlsberg
The papers examine the crisis causing chaos in the food industry supply chain.
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NewsCity Snapshot: Carlsberg upgrades profits forecasts as sales recover post-lockdown
Carslberg is the latest brewing giant to report a strong recovery throughout 2021 as pubs and bars reopened following long periods of lockdown.
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NewsGrocery sales fall as pre-pandemic shopping behaviour returns
With the end of social distancing restrictions people have been happier to head into stores to make more regular, smaller shops, according to Kantar
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NewsCity Snapshot: Heck in search for new investment partner to fuel next stage of growth
Heck has engaged advisors to help explore strategic options as the premium sausage supplier aims to continue its rapid growth. Plus, US private equity giant CD&R is widely expected to table a sweetened offer for Morrisons this week as the takeover battle for the supermarket ramps up.
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NewsUK pubs face ‘beer drought’ as draymen threaten strikes
The industrial action comes amid ongoing disruption in the food and drink supply chain caused by the ‘pingdemic’ and HGV driver shortage
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Grocer 33Asda cheapest in barbecue Grocer 33 special
Asda came in exclusively cheapest on 13 items, including everything from matches to Cumberland sausages
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NewsCity snapshot: CVC agrees £767m deal to buy listed drinks player Stock Spirits
Private equity player CVC has agreed a deal to buy Stock Spirits, the listed producer of branded spirits and liqueurs in Central and Eastern Europe and Italy.
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NewsCity snapshot: Retail sales growth slows as pubs and restaurants reopen
Retail sales continued to grow in July as Covid restrictions eased, but the pace of growth slowed as the reopening of pubs and restaurants dampened spending in shops. Plus, HelloFresh ups sales guidance, but reduces profits expectations and all the rest of the latest news from the City.
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NewsCity News: Greggs back in profitability but rising costs worry investors
High street stalwart Greggs roared back to growth and profitability in the first half of 2021, but the looming spectre of rising costs dented investor confidence this week
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NewsMedia Bites 6 August: Oatly, Inflation, Hammerson
A family-run farm has won a legal battle against the multimillion-pound makers of plant milk, Oatly
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NewsShoppers face more frozen and less fresh Christmas turkey due to labour shortages
Avara Foods CEO Andy Dawkins said the labour crisis would inevitably lead to a reshaping of the turkey sector
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NewsCity snapshot: Beiersdorf bounces back to pre-Covid levels and skincare demand returns
Nivea owner Beiersdorf has bounced back to pre-Covid levels of sales and skincare demand rebounded in the first half of the year
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NewsMedia Bites 5 August: John Lewis, National Lottery, Philip Morris
John Lewis was included on a list of employers “named and shamed” by the UK government for paying staff below the legal minimum on Thursday, as ministers seek to show they are clamping down on abuses of workers’ rights.
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NewsCity Snapshot: The Hut Group acquire Cult Beauty for £275m
E-commerce giant The Hut Group has expanded its beauty portfolio with the £275m acquisition of online prestige retailer Cult Beauty.
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NewsMedia Bites 4 August: PepsiCo, Greggs, Domino’s
PepsiCo has agreed to sell a controlling stake in its Tropicana and Naked Juice brands to French private equity firm PAI Partners for $3.3bn
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Comment & OpinionGreggs is back in profit, but rising costs are a dampener on celebrations
Greggs became the latest food company to point to rising costs as a major threat to profitability
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NewsCity snapshot: Greggs to create 500 jobs as first half sales and profits rebound
Greggs has bounced back to first half profitability as sales recovered due to the relaxation of coronavirus restrictions
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NewsMedia Bites 2 August: Morrisons, Deliveroo, Milk
Private equity giant Clayton, Dubilier & Rice is poised to kick off a bidding war for Morrisons