All news articles – Page 3499
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News
CapVest to bid for Unilever frozen foods
Private equity group CapVest has teamed up with its rival Blackstone to form a consortium to launch a £1bn bid for Unilever's European frozen foods business.Reports suggest that it has hired Merrill Lynch and Deutsche Bank to advise it on...
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Britvic issues profit warning
Soft drinks company Britvic has warned that its full-year profit will be modestly below expectations because of a decline in the carbonates market and downward pricing pressures.In half-year results to April 16, Britvic said that pre-tax...
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M&S food sales increase
Marks and Spencer has reported a 3.6% increase in full-year like-for-like food sales to April 1.The retailer revealed that food had a “very successful” year, with sales increasing 7%, driven by a renewed focus on quality and...
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Q: Is CCTV worth having?
Kajan Vivek, manager of No 1 Convenience Stores, Reading, says: “My store has a full convenience offering, including a wide range of newspapers and magazines and an off-licence section.“"A company called Able Alarms installed CCTV inside the...
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AG Barr acquires Strathmore
Soft drinks company AG Barr has acquired the Strathmore Mineral Water Company from Constellation Brands for £15m.Strathmore bottles, markets and distributes still and sparkling spring water, as well as a range of flavoured spring waters...
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M&S results expected
Marks and Spencer is this week expected to reveal full-year pre-tax profit of approximately £751m, up from £618m the year before.Analysts have also predicted that the retailer will unveil plans to increase the amount of space in its stores...
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Relationships are critical aren't they? It's not enough to know the facts and figures and be able to present them to a client or, indeed, to colleagues. We all recognise the need to be more persuasive in these situations, but what can we say and...
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World News - 20th May 2006
United States. Retail giant Wal-Mart's first-quarter net profit to April 30 rose 6.3% to $2.6bn on net sales up 12.3% to $79.6bn. Like-for-like sales at its US stores increased 3.8%. Sales in its international division increased...
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Commission says tell us all about it
A team of six experts has been appointed by the Competition Commission to lead its investigation into the grocery market. The group, to be chaired by Commission chairman Peter Freeman, met for the first time on Wednesday to discuss how...
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Flint admits five-a-day is not getting through
Government efforts to persuade the public to eat more fruit and vegetables appear to be having only a marginal impact on the national diet.The five-a-day scheme, aimed at encouraging everyone to have at least five daily portions of...
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It's crunch time for UBUK after Kraft deal
Premier Foods has made no secret of its desire to pull off a double whammy of acquisitions. Many assumed that it would snap up United Biscuits' UK operations first thanks to chief executive Robert Schofield's former association with the business...
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Gü does it again with luxurious ice cream
Premium pudding company Gü looks likely to create a few shivers among frozen food producers as it expands its booming brand into the ice cream market.Three Italian gelato-style dessert ice creams roll into Waitrose stores and onto...
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Managing director: Saghir Ahmad
Saghir Ahmad is one of three brothers who founded Tyne Tees cash and carry 33 years ago. He heads up the company and manages the larger of its two depots in Gateshead, while his younger brother Zahir is in charge of the smaller Middlesbrough...
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Three Tescos sold alcohol to minors
Tesco has fallen foul of a round of test purchasing in Reading, with three stores caught selling alcohol to minors. Staff at Tesco Express stores in Bath Road, Southcote, and Church Street, Caversham, plus the Tesco superstore in Napier...
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Asda ditches all bogofs
Bogofs and "gimmicky" food promotions have been axed by Asda as part of an effort to get back to the basics of EDLP. Food trading director Darren Blackhurst said that as part of its work to restore its position as the market's price...
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Premium press: how do you like them speciality apples?
Waitrose is adding to its speciality beer and premium cider offerings to appeal to the UK's growing interest in these markets.The retailer is launching its first own-label cider using fruit from its farm in Hampshire. Waitrose Leckford...
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Asda crisps take on a football flavour
Football fever is making its way down the crisp aisles at Asda this month with a range of crisps under its own label brand that celebrates World Cup-winning countries of the past.Six variants are being launched, with packaging specially...
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Brands on the attack
According to Jim Gorczcya, Budweiser UK marketing director, the World Cup is one of the few times when brands need to pull together to work with each other, as well as with the retailers, in order to maximise the potential of the...
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Availability
Asda Bridgwater, Somerset32Asda's Bridgwater store narrowly missed out on a full basket as it was out of stock of iceberg lettuce. Our shopper spotted a trolleyload of deals in the fresh produce section including special offers...
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Retailers' defiance of avian flu praised
Retailers have been praised for not capitalising on the avian flu crisis to bring in imports and contribute to a lowering of poultry meat prices triggered by foodservice and catering companies altering their sourcing strategies. This...