All Finance articles – Page 3
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NewsPuratos fined £120k after exposing workers to hazardous dust
An investigation by the Health & Safety Executive identified a number of unsafe practices which it said put employees at risk of developing occupational asthma
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NewsCustomer surge drives record sales for Danish bakery Ole & Steen
Rising customer numbers, product innovation, and growth across digital channels helped drive sales despite ongoing cost pressures
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NewsHarlech Foodservice targets £120m turnover via site expansion in Wales
Gwynedd-based, family-run wholesaler plans to spend £2m on new warehousing and freezer facilities at its Llanystumdwy headquarters and a further £1.5m on delivery vehicles
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NewsMr Kipling innovation drives quarterly sweet treat gains at Premier Foods
Recent Mr Kipling launches including new Birthday Cake Slices and Custard Cream Whirls were major contributors of 6.6% sales growth for the manufacturer’s sweet treat division
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NewsIntelliAM targets bakery manufacturers with new cost-saving AI platform
Asset management software driven by AI has helped Hovis save costs across operations, with investment recuperated within six months
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NewsTech support for bakers: new ovens, chillers, scales, software and more launched
New tools unveiled by bakery equipment suppliers look to improve productivity, efficiency, accuracy, safety, and compliance
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NewsHovis volumes decline and losses deepen prior to ABF acquisition
Latest accounts reveal Britain’s second biggest bread brand reports an “especially challenging year with difficult trading conditions”
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FeatureHow COO Lucy Wills has steered Finsbury towards continuous improvement
Through initiatives Wills helped develop and implement, such as the Finsbury One Excellence Programme, the bakery manufacturer has become more integrated and focused on growth, automation and talent development
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NewsBake of the net! World Cup drives bakery boom at Sheldon’s in Manchester
Hot dog rolls are proving a fan favourite as Shelden’s prepares for one of the busiest weekends of the year
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NewsWarburtons supports opening of Community Shop in Bolton
Community Shop supermarkets redistribute surplus products that are in-date and safe to consume
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NewsDean’s of Huntly secures £4.9m funding to drive overseas growth
The funding package from Bank of Scotland will be used to increase production capacity, develop new customer relationships and manage cash flow as it grows export
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NewsAllied Bakeries and Hovis merge to become Hovis Bakeries
ABF said acquisition will create a “sustainably profitable UK bakeries business for the long term with an enhanced market position”
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FeatureMeal deal maths: premiumisation, health, and all-day grazing change the equation
Meal deals remains a cornerstone of food to go, but operators are reshaping the format with premium tiers, all-day options, and new occasion-led bundles to drive value and spend
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NewsSourdough Sophia crowdfunds expansion into new retail and wholesale channels
Craft bakery brand is nearing a £1m raise to be spent on the fitout of its new shop in Covent Garden plus two more sites in the capital and continued development of its production hub
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NewsBritish Regenerative Farming Week unveiled amidst rise in nature-first practices
The new annual campaign has been created to celebrate, support, and accelerate the UK’s regenerative farming movement at a time when 80% of farmers say they have or are planning to adopt regenerative practices
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NewsCoughlans closure sparks fresh warnings over pressures facing craft bakers
Trade bodies and advocacy groups have reacted to the demise of the Croydon-based chain, calling it a stark reminder of the unprecedented pressures facing independent retail businesses
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NewsWildfarmed launches fund to accelerate regenerative agriculture uptake
Regenerative food and farming business has teamed up with Lloyds Banking Group to create the Food & Nature Resilience Fund to encourage farmers towards nature-positive practices
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NewsTransformation programme pays off as profits surge at Wenzel’s
Restructuring, investment in technology, and NPD form part of the wider transformation programme at the family-owned London-based bakery
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NewsThird-generation chain Coughlans Bakery ceases trading with 32 shops closed
Rising costs of labour, fuel, business rates, and ingredients have forced the Croydon-based business to go into voluntary liquidation before it cannot pay its suppliers and staff
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NewsRising costs see Norfolk family-run chain Kellys Bakeries go into liquidation
All three shops in towns just outside of Norwich have closed with insolvency service selling off assets including plant and machinery, furniture and fittings