All Finance articles – Page 4
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Krispy Kreme’s growth plans hit by Covid-19
The doughnut specialist’s ambitious growth plans have been interrupted by the pandemic
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Bagel Nash bakery business acquired after Covid hits trade
Golden Acre Bakery, part of the Golden Acre Food Group, acquires Leeds-based bagel bakery
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British Baker: How we are changing with the times
Our digital offer and magazine are evolving to better serve the needs of a modern bakery audience
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Former Barry Callebaut boss proposed as Aryzta chair
Andreas Schmid nominated by the company’s board to succeed Gary McGann
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Warrens reduces CVA payments to protect business
Management had warned a revised agreement was required to continue trading
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Sliced sourdough loaves drive growth for Bertinet Bakery
Business has announced launch of 1.1kg seeded loaf in Waitrose and Milk & More partnership
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Aryzta revenue improves as lockdown measures ease
The company has reported revenue down 18% year on year in the month to 25 July
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Adelie Foods Urban Eat brand bought by Samworth Brothers
Ginsters and Soreen owner paid £6.4m for the brand, after Adelie entered administration in May.
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Batch Ventures fund attracts more than 80 applicants in a month
Warburtons has partnered with Mission Ventures to back businesses producing innovative bakery products
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Aryzta loses another senior member of team
Departure of group CFO will follow resignation of two board members
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Finsbury completes £1m Kara doughball plant investment
Work was undertaken during lockdown when much of the foodservice market was mothballed
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Premier cake sales back in growth after Covid slowdown
Total sales across sweet treats division rose 0.7% year on year
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Food-to-go demand continues to recover, reports Greencore
Company said it had worked closely with its customers as they reopen formats and channels.
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Covid-19 halved Greggs turnover in the first half of the year
But business reports signs of bouncing back after reopening its stores, with turnover currently at 72% of 2019 levels.
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How coronavirus took its toll on Finsbury Food Group sales
Revenue was down 24% year-on-year in April, 19% in May and 15% in June
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Pret vows to pass on VAT savings to customers
Pret A Manger has confirmed it will pass on the savings from the temporary VAT reduction to customers
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Warburtons launches venture fund to invest in bakery businesses
Batch Ventures will take a minority stake-holding in businesses its approves, and will typically invest £50,000 to £250,000
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VAT on food cut to 5% to kick-start revival of hospitality trade
Government is to financially back a discount on meals at restaurants, cafés and pubs during August
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Cherrytree Bakery secures CBILS funding to rebuild business
The firm supplied more than 40 million hand-finished sweet bakery products a year to coffee shop, retail and foodservice businesses
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My Baker ‘Cake Concierge Service’ relaunches following acquisition
My Baker, an online service that connects bakers with consumers and corporate customers, has been acquired by baker Mel Sinjakli and her husband