- Save article
Promotional FeaturesMasterclass: How retailers can make their biscuits range bite
With biscuits purchased by more than 28m UK households in 2023, the category is fully embedded into the nation’s heritage. With growth in its three key segments of sweet, savoury and healthier*, Mondelēz International examines how retailers can trade on consumer need states to boost sales.
- Save article
NewsCity snapshot: Retailers turn hopes to ‘golden quarter’ as prices drop
UK shop prices continued to slide in October, marking the fifth consecutive month of decline as retailers hoped to reverse weak sales with greater discounts. Plus non-execs step down at Sainsbury’s, Mondelez raises guidance on emerging markets growth and all the rest of the latest news from the City.
- Save article
NewsUK e-retailer deals rise as high street woes increase online focus
The number of M&A deals for UK e-retailers has risen by 50% in the past year as retail groups come under pressure to accelerate online sales growth amid a wider high street slump.
- Save article
NewsJust Eat agrees £9bn merger with Dutch rival Takeaway.com
Just Eat has agreed to merge with Dutch delivery firm Takeaway.com in an all-share deal to create a £9bn listed fast food delivery giant.
- Save article
NewsBlocked Asda deal costs Sainsbury’s £46m
Sainsbury’s collapsed merger with Asda cost it £46m in the year to 9 March, contributing to one-off costs that drove a 41% reduction in pre-tax profits to £239m.
- Save article
NewsSainsbury’s and Asda confirm £51bn mega-merger
Sainsbury’s and Asda have promised “a great deal for customers, colleagues, suppliers and shareholders of both businesses” as the two confirmed a mega-merger worth to create a £51bn retail giant.
- Save article
NewsCity Snapshot: First half sales and profits up at Finsbury Food Group
Cakes and bakery goods supplier Finsbury Food Group has overcome “sustained market-wide headwinds” to post a rise in first half sales and profits.
- Save article
NewsCity snapshot: Retail sales growth boosts Conviviality full-year revenues
Drinks retail and wholesale group Conviviality grew sales by 9.2% in the first half of its financial year, driven by 10% growth in its retail operations. Plus all the rest of the latest news from the City and a look at the week ahead.
- Save article
NewsCity snapshot: Mondelez beats expectations with solid third quarter
Shares in Cadbury owner Mondelez jumped 4.3% in after hours trading after the global snack group reported a stronger than expected third quarter. Plus, UK consumer confidence shrinks in October, FTSE falls on interest rate rise expectation and all the rest of the latest news from the City.
- Save article
NewsCity snapshot: Little Dish sells majority stake in £17m US deal
Healthy children’s food brand Little Dish is targetting growth in the US after a £17m deal with Profile Capital. Plus, the FTSE is back on the rise and all the rest of the latest news from the City.