Alec Mattinson
Alec leads The Grocer’s expanding coverage of all things finance-related. Follow Alec on Twitter: @AlecMattinson
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Analysis & FeaturesWhy is Unilever selling its cream business?
Unilever wants to spin off its £7bn-sales global ice cream business. Why? Who wants to buy it? And will it work?
NewsCity News: Carlsberg hikes profit expectations after ‘exciting year’
Carlsberg has hiked its profit expectations after “an exciting year” of volume growth, despite sales being held back by bad weather in Europe
NewsPots & Co cuts losses as it outsources manufacturing
High-end desserts specialist Pots & Co cut its losses in a ‘milestone’ year that saw it prioritise profitability over sales growth and move towards break-even
NewsCity snapshot: Sporting events and better weather boost UK retail sales
Retail sales volumes bounced back to growth in July, according to official statistics, as warmer weather and sporting events boosted activity.
NewsMedia Bites 16 August: Brexit border controls, Starbucks, WH Smith
Customs agents and businesses have complained to the government that they have been charged for checks on goods that never took place
NewsCity snapshot: C&C Group forecasts unchanged despite June washout
Drinks supplier and distributor C&C Group has insisted it remains on track to hit annual financial forecasts and bounce back from a troubled period despite poor weather in June
NewsMedia Bites 14 August: Mars, Starbucks, Asda
Mars, the confectionery, food and petcare giant, has reportedly reached an agreement to acquire Pringles and Pop-Tarts maker Kellanova
NewsCity snapshot: Grocery sales growth rises as inflation edges back up
Grocery sales growth rose by 3.8% in the four weeks to 4 August as food inflation edged back upwards for the first time in more than a year
NewsMedia Bites 12 August: Asda, Carlsberg/Britvic, junk food taxes
Stuart Rose, the chairman of Asda, has said he is “embarrassed” by the supermarket’s declining market share and has called on owner Mohsin Issa to step back
NewsCity News: Deliveroo passes ‘major milestone’ as order frequency recovers
Food delivery player Deliveroo finally passed a “major financial milestone” by turning a profit in the first half of the year, it revealed this week
NewsCity snapshot: Lotus Bakeries posts 20% jump in first half sales
Bear and Nakd owner Lotus Bakeries has reported a double-digit jump in first half sales and profits amid strong growth of key brands
NewsMedia Bites 9 August: Asda, Deliveroo, AB InBev
Sales have fallen at UK supermarket chain Asda, as customers defect to larger rivals.
NewsCity snapshot: Deliveroo moves to first-half profit amid ‘encouraging’ consumer pick-up
Online delivery giant Deliveroo has posted a first-half profit after returning to order growth in the period amid ‘encouraging signs’ in consumer behaviour
NewsMedia Bites 8 August: Ocado, Twitter/Unilever/Mars, Coca-Cola
Ocado is testing offering everyday products such as pasta, rice and washing liquid in refillable packaging
Comment & OpinionMars’ $30bn move for Kellanova could kick off consolidation wave
The acquisition would be a significant move, both in size and strategic direction
NewsCinven invests in Swedish sports nutrition player Vitamin Well
Private equity player Cinven has become the lead investor in Swedish sports nutrition and drinks specialist Vitamin Well
NewsCity snapshot: CCEP boosted by Asia-Pacific growth to mitigate European volume decline
GB Coke bottler Coca-Cola Europacific Partners has posted a rise in underlying first-half problems despite poor weather in Europe, as growth in south east Asia and Australia boosted performance
NewsMedia Bites 7 August: Domino’s Pizza Group, Coca-Cola, Klarna
Domino’s Pizza downgraded its full-year profit forecast as consumers grappling with cost of living pressures held back on spending
NewsCity snapshot: summer boosts food and clothing sales
UK retail sales were back in growth in July after a poor June as the advent of summer and warmer weather boosted food and clothing sales
NewsMedia Bites 6 August: Mars/Kellanova, Treasury Wine Estates, Haleon
Mars is in talks to buy Pringles and Pop-Tarts maker Kellanova in what would be one of the year’s biggest takeovers.