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William Grant & Sons reports record profits

Published:  27 September, 2016

William Grant & Sons premium spirit business reported an 8.9% increase in profits after tax hitting record high of £147.4m.

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Co-op profits halved as they continue to implement turnaround strategy

Published:  26 September, 2016

The Co-operative Group saw profits drop to £17m in for the first half of the financial year, but revenue rose by 2.2% to £4.7bn compared to the same time period last year.

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Morrison H1 results show signs of recovery and beats expectations

Published:  15 September, 2016

Morrisons Supermarkets Plc first half of the year results are showing signs of recovery under the new leadership team and beat analysts expectations.

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Pernod Ricard looks to save €400m through SKU reduction and operational efficiencies

Published:  07 September, 2016

Pernod Ricard is looking to save €400m as part of its 'operational excellence roadmap' intiative that is being rolled out between fiscal year 2016 through 2020, which includes SKU reductions of up to 30% in some regions.

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Brown-Forman Q1 sales slide due to currency headwinds

Published:  01 September, 2016

Brown Forman first quarter sales slide 5% to US$ 661m due to on going currency headwinds and challenges in emerging regions, but underlying net sales increased 2%.

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Paul Schaafsma to step down as CEO of Accolade Wines in coming months

Published:  30 August, 2016

Paul Schaafsma is set to step down as the chief executive officer of Accolade Wines in the coming months, but may stay on through the company's initial public offering which is set for next year, according to sources.

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Breaking News: Conviviality announces new group buying structure

Published:  24 August, 2016

Conviviality PLC have today advised suppliers of fundamental changes to the group's wine buying structure.

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Accolade Wines owner CHAMP setting the stage for IPO

Published:  12 August, 2016

Accolade Wines' majority owner, private equity firm CHAMP, has formally appointed Reunion Capital Partners as an adviser for the company's initial public offering (IPO), which is expected to be listed in the first half of 2017.

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Morrisons extends deal with Ocado, expanding delivery nationwide

Published:  10 August, 2016

Yesterday Morrisons announced it struck a new deal with online delivery service Ocado, expanding its current services nationwide.

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Fever-Tree's H1 revenue jumps 69%

Published:  26 July, 2016

Fever-Tree continues to grow on the back of the current gin boom that has been sweeping the UK with revenue up 69% according to interim H1 results out today.

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Consumer inflation rise may be part of a larger trend

Published:  20 July, 2016

Consumer inflation rose 0.5% for the 12 months to June 2016, which although only slightly may be a signal of a future trend.

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Rémy Cointreau Q1 sales suffer an expected slide

Published:  20 July, 2016

Famed cognac conglomerate Rémy Cointreau's first quarter reported sales slid -2.1% to €218.6 million for the three months ending on 30 June 2016.

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The Smith Report: Transparency in the digital age

Published:  08 July, 2016

In today's digital age with so much business and information changing hands electronically, the digital trail that is left behind is hard to erase. Similarly, authenticity and transparency with customers and consumers is becoming increasingly important.

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LFL sales down in food and clothing at M&S

Published:  07 July, 2016

Beleaguered high street retailer Marks & Spencer has posted a 4.3% drop in total sales in the 13 weeks to July 2.

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Majestic holding off on shareholder payout

Published:  07 July, 2016

The chairman of Majestic wine has announced that the group will not be paying a shareholder dividend this financial year in order to balance the books following the acquisition of Naked Wines.

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C-stores: How to convert top-up shoppers into loyal customers

Published:  21 June, 2016

Convenience retailing is on the rise, with consumers looking to buy 'top-up' or 'meal for tonight' rapidly replacing the weekly shop.

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The Smith Report: The art of buying and selling in the convenience channel

Published:  20 June, 2016

With the convenience channel experiencing heady growth, retailers must tailor their offer to consumers' habits.

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Rémy Cointreau annual net profits up following foreign exchange boost

Published:  09 June, 2016

Improved Cognac sales and a big boost from a favourable foreign exchange helped to drive profits for Rémy Cointreau, which saw annual 2016 net profits soar 10.6%, beating expectations for the business.

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Sainsbury's Q1 sales slide following the phasing out of multi-buy deals

Published:  08 June, 2016

Sainsbury's saw sales for the first quarter slide with like-for-like retail sales down 0.8% for the 12 weeks ending 4 June 2016.

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Treasury Wine Estates moves to consolidate its US businesses

Published:  03 June, 2016

Following the acquisition of the bulk of Diageo's US and UK wine business for £390 million in October, Treasury Wine Estates announced today it would be restructuring the US business.

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