All Finance articles – Page 106
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NewsPremier Foods’ boss steps down
Michael Clarke, chief executive of Premier Foods, has announced he will step down from his position 18 months after joining the company.
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NewsChristmas boosts Starbucks’ revenues by 11%
Starbucks has said its “busiest holiday season ever” has helped the group to achieve record sales of $3.8bn(£2.41bn) during its first-quarter results for 2013.
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Product News
Spooner Vicars to go global
Mersyside baking systems manufacturer Spooner Vicars has been acquired by American commercial cooking and processing equipment brand Middleby.
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Product News
Finsbury: sales up, free-from booming
Finsbury Food Group, the manufacturer of cake, bread and gluten-free goods, saw its total sales grow by 1.2% in its first half, it revealed this morning.
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Product NewsEuropean sales rise for Barry Callebaut
Barry Callebaut’s European business has seen a 2.4% increase in revenue to CHF624.6m (£419.7m), despite the group’s overall 0.5% drop in sales.
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NewsAllied recovers wheat costs as ABF reports sales rise
Allied Bakeries has revealed it recovered high wheat costs through bread price increases during the last financial period, as parent company Associated British Foods saw revenues increase by 10%.
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Greencore makes two new appointments
The board of Greencore has appointed two non-executive directors – Heather McSharry and John Warren – who will join on 30 January 2013.
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NewsNew non-excutive director at Greggs
Greggs has appointed Allison Kirkby as an independent non-executive director, with effect from 30 January 2013.
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Product NewsPremier Foods: trading in line with expectations
Premier Foods, the company behind the Hovis bread brand, today said its fourth-quarter trading had been “in line with its expectations”.
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NewsFood performs well for Co-op at Christmas
Sales of own-label bakery party food were up 53% at The Co-operative’s food stores over the three weeks to 5 January.
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Product NewsRenshaw launches new brand identity
Renshaw has unveiled a new brand identity, to coincide with the launch of its new e-commerce site later this month.
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Coalition government outlines action plan
Reduced tax rates, scrapping red tape and clearer food labelling are just some of the measures the Coalition government has set out to help businesses in the next two years.
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NewsGreggs accelerates new format store openings
Greggs is to ramp up openings of its new Greggs The Bakery stores as it looks to convert up to a 100 existing sites to the format in 2013.
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NewsFood drives Tesco’s Christmas sales
Tesco has said a “much stronger food performance than last year” has helped the company achieve its highest rate of growth for three years.
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NewsGreggs stays tough in Christmas trading
Greggs said it had remained “resilient” during Christmas trading, despite experiencing a 2.9% drop in like-for-like (LFL) sales, compared to a 5.1% increase last year.
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NewsSainsbury’s reports record-breaking Christmas
Sainsbury’s has delivered a strong trading performance during the festive season, bringing in more than £100m-worth of sales on Christmas Eve alone.
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NewsChristmas sales “not a disaster” says BRC director
UK food retailers saw slow-moving sales during the festive period, with a marginal 0.3% increase in like-for-likes (LFLs), the British Retail Consortium (BRC) has revealed.
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Product NewsCarr’s reports “positive financial performance”
Carr’s Milling Industries has said its three flour mills have “performed relatively well”, despite poor weather producing low wheat yields.
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Morrisons’ sales suffer during Christmas
Morrisons said its Christmas trading performance was “disappointing” as like-for-like sales, excluding fuel, fell by 2.5%.
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Real Good Food extends bank facility
The Real Good Food Company has agreed a new five-year bank facility with PNC Financial Services UK.