All Finance articles – Page 105
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News
Asda sees marginal increase in LFL sales
Asda achieved a like-for-like sales increase of 0.1% (excluding fuel) in its fourth-quarter trading period.
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NewsPremier Foods: “Rebuild value in bread division a priority,” says Darby
Gavin Darby, chief executive of Premier Foods has revealed plans to launch new packaging for its Hovis brand and will assign a dedicated team to help rebuild its bread division in 2013.
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NewsPremier Foods: “Particularly challenging year for bread sales", says Moran
Mark Moran, chief financial officer at Premier Foods, revealed the firm experienced a particularly challenging year in 2012 for bread sales.
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NewsCosta demerger unlikely, says City analyst
A leading City analyst has revealed that a possible demerger of the Costa Coffee brand from the Whitbread Group is not on the cards, due to tougher competition and international expansion.
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NewsPremier Foods may have to sacrifice a power brand, says analyst
A City analyst has warned that Premier Foods might have to sell its power brands to significantly improve its balance sheet.
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NewsNut-free bakery furthers Tesco relationship
Just Love Food Company has expanded its relationship with Tesco, with new products launched into 140 UK stores.
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NewsBread inflation rises YOY to 4.1%
Inflation is expected to remain a resilient feature of the bread and cereals category through to the summer at least, a City analyst has warned.
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NewsStarbucks opens first franchise outlet
Starbucks has opened its first franchise coffee shop in the UK, at Liphook Services in Hampshire, as it looks to grow its franchising business.
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News
Ocado shrinks losses by growing product lines
Extending product ranges, including its own-label brand, has helped Ocado to drive down its pre-tax losses by £1.8m in the last year.
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NewsPieminister sales rise by a quarter
Pieminister saw sales increase by 28% to reach £8.3m, for the financial year to 31 March 2012, up from £6.5m in 2011.
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NewsBakery market sees 2% annual growth
The UK bakery market reached £11bn in value in 2012, after growing at an annual rate of 2% since 2006.
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Product NewsFudges to relaunch best-sellers
Fudges Bakery is to relaunch a number of its best-selling lines, in a bid to continue the momentum of growth it has seen in the past year.
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News
William Jackson posts strong profits
William Jackson & Son saw sales revenue rise 6.6%, over the full year to 28 April 2012, in what the group said had been a year of good progress.
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News
Cranswick sees 8% sales increase
Sandwich manufacturer and meat producer Cranswick has reported healthy sales growth during the last three months.
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NewsPatisserie Holdings bullish as turnover grows
Patisserie Holdings has revealed turnover grew by almost a quarter to £49.5m during the last financial year.
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NewsReal Good Food has challenging winter
The Real Good Food Company (RGFC) said trading activity in its third quarter had been lower than anticipated, with December particularly challenging.
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NewsLavazza to target 400+ locations
Italian coffee brand Lavazza has revealed plans to open up to 400 shops in the UK, over the next decade.
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NewsCSM sees first bids for Bakery Supplies business
CSM has revealed it has received initial non-binding offers for its Bakery Supplies activities in Europe and North America.
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NewsGreencore’s UK revenues remain flat
Greencore has said a “challenging UK food market” has resulted in a flat level of growth in like-for-like (LFL) sales.
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Product News
MEPs vote to extend sugar quota until 2020
Members of the European Parliament voted to extend the controversial sugar quotas until October 2020, in a Agriculture Committee meeting in Brussels last week.