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News Analysis
City uncertain over Tesco’s ‘strong’ start to 2019
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.
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News Analysis
City News: Majestic Wine's turnaround hits the buffers
Majestic Wine investors were nursing a sore head on Thursday as the retailer plunged to a half-year loss three years into its supposed turnaround plan.
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News Analysis
City news: Asda posts sixth consecutive quarter of organic growth
Asda’s resurgence continued this week as it posted like-for-like growth of 2% in the third quarter to post its sixth consecutive quarter of organic growth.
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News Analysis
Reckitt Benckiser shares on yet another "one off" setback
Reckitt Benckiser’s $16.6bn buyout of Mead Johnson was supposed to revolutionise the consumer giant’s global business, but 18 months after agreeing to buy the baby milk specialist the acquisition is still underperforming and pressure is mounting on Reckitt management.
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News Analysis
AB InBev third quarter results give investors a headache
AB InBev investors were nursing sore heads on Thursday morning after the globe’s largest brewer lost about 10% of its value after a weaker-than-expected third quarter and a savage dividend cut.
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News Analysis
Payment delays increase as pressure grows on supermarket suppliers
Delays in payments to food producers have increased to 45 days, despite most retailers signing up to standards aimed at improving payment times
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News Analysis
Nestlé continues restructure with skincare sale
The move marks the latest attempt to reshape its portfolio to focus more on food, drink and nutritional health products…
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News Analysis
Morrisons' shares slide despite quarterly sales jump
Morrisons posted its best sales quarter for nine years and announced a special dividend gift to investors, but the hard-to-please City still sent the supermarket’s shares into the red.
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News Analysis
Russia World Cup sales boom boosts Carlsberg's second quarter
Denmark may have knocked out in the second round of this summer’s World Cup but the country’s brewing giant Carlsberg had plenty to celebrate this summer.
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News Analysis
William Jackson Food Group pledges to reinvest Aunt Bessie's cash
William Jackson Food Group has pledged to plough cash back into the business after agreeing a bumper £210m sale of its key Aunt Bessie’s brand to Birds Eye owner Nomad Foods
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News Analysis
Cold weather causes shortage of carrots in the UK
The cost of the Beast From The East is continuing to stack up
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News Analysis
Citrus greening disease sends prices up
The impact of citrus greening disease has reduced the sweetness of oranges in the US
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News Analysis
Supermarkets cut prices on BBQ favourites this summer
Beefburgers are on average 3% cheaper than this time last May across 48 SKUs in the mults
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News Analysis
Low coffee stocks see prices climb
Consecutive seasons of low production have left coffee stocks low over the past three years
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News Analysis
Risk of citrus greening disease in Med produce 'very high'
Reasearchers warned Europe could not remain immune to the disease, which has devastated citrus crops in the US…
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News Analysis
Oil prices at highest level since 2015
Falling yields in Russia and OPEC member states has rattled oil markets
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News Analysis
Soft drinks levy reverses trend of declining inflation
A spike in soft drinks prices since the Soft Drinks Industry Levy came into force on 5 April has pushed up the GPI
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News Analysis
US demand for coldwater prawns declines
Sluggish demand from the US caused coldwater prawn prices to decline in April
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News Analysis
The three startups fighting it out for a Waitrose partnership
A recipe app and ‘Paypal for delivery’ were among the finalists of the John Lewis accelerator programme
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News Analysis
Barbecue season pushes up pork prices
EU pork prices have risen due to increased demand caused by the warmer weather and barbecue season