All Finance articles – Page 31
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NewsBakeries make up majority of food and drink start-ups
Bakery businesses have accounted for the greatest number of food and drink start-ups in the past six months, according to a new study.
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NewsCarrs Foods rebrands and secures £6.7m investment
Baked goods manufacturer Carrs Foods is to ramp up its international presence after securing a £6.7m investment.
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NewsReal Good Food finance chief to leave business
Real Good Food chief financial officer Harveen Rai, who helped turn around the business, is to leave at the end of this month.
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Product NewsNo-deal tariffs plan ‘offers no advantage to industry’
Government tariff plans in the event of a no-deal Brexit have come under fire from trade bodies.
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NewsAryzta claims it has taken first steps in turnaround
Aryzta has reported a 0.7% hike in organic revenue in the past six months – and claimed it has made its first step towards a turnaround.
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NewsGreggs’ turnover breaks £1bn barrier for first time
Full-year sales at Greggs have broken the £1bn barrier for the first time in 2018, with the business seeing a 7.2% hike in turnover.
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NewsMarks & Spencer and Ocado to launch joint venture
Marks & Spencer (M&S) products are to be available through Ocado.com from September 2020 under a new joint venture between the businesses.
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Product NewsFlour price increases put pressure on Finsbury Foods
Flour is currently the leading commodity cost pressure on Finsbury Food Group, the company has reported.
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Product NewsPrice discussions to impact Allied bread volumes
Bread volumes at Allied Bakeries are to be hit in the coming year following price discussions with customers.
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NewsSainsbury’s-Asda merger ‘could push up prices’
The proposed merger between Sainsbury’s and Asda suffered a blow today (20 February) as the Competition and Markets Authority (CMA) found that it could push up prices and reduce quality.
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Product NewsVegan sausage rolls boost sales at Greggs
Vegan sausage rolls have helped to boost an “exceptional sales performance” at Greggs, with total sales up 14.1% for the seven weeks to 16 February.
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NewsBaker & Spice acquired by coffee shop chain DOCASA
Four London outlets of former Patisserie Holdings business Baker & Spice have been acquired by coffee chain Department of Coffee and Social Affairs (DOCASA).
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NewsBuyers found for Patisserie Valerie and Philpotts
Patisserie Holdings businesses Patisserie Valerie and Philpotts have been sold in separate deals.
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NewsBakery food-to-go sales set to grow £400m by 2022
Price, convenience and health will be key factors in tapping growth in the food to go market, according to analysts.
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Product NewsFinsbury Food Group invests £1m in Kara plant
Finsbury Food Group has boosted efficiency and capacity at its Kara foodservice facility in Manchester with a £1m investment.
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Product NewsGraze healthy snack brand acquired by Unilever
Unilever is raising its profile in the healthy foods market with the acquisition of the Graze snacking brand.
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NewsChantilly Patisserie sold by Real Good Food
Renshaw owner Real Good Food (RGF) has sold Chantilly Patisserie to its management team.
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NewsCaffè Nero Group acquires 70% stake in Coffee#1
Caffè Nero Group has bought a majority stake in the Coffee#1 chain.
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NewsFood firms warn of no-deal shortages and price hikes
Consumers could face availability issues and higher prices, major retailers and foodservice businesses have warned.
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Product NewsAHDB holds baking workshop to drive wheat exports
A baking workshop has been held in Algeria this month to highlight the quality of UK soft wheat.