All Finance articles – Page 46
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NewsBoparan records encouraging Q4 performance for branded divisions
Fox’s Biscuits and Goodfellas pizza owner Boparan Holdings has reported a positive branded divisional performance with Q4 like-for-like sales up 3.2% to £91.1m.
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NewsThe Cheese Truck smashes £100k crowdfunding goal
Grilled cheese street food operator The Cheese Truck has smashed its crowdfunding target of £100k after an investment of more than £50k in less than 24 hours.
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NewsFDF holds Exiting the EU event
The Food and Drink Federation (FDF) has held a landmark Exiting the EU event with former deputy prime minister Nick Clegg among a number of key speakers.
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NewsGALLERY: Is your bakery making the most of market trends?
Matthew Verity, business unit director, chilled and bakery at Kantar Worldpanel UK, addressed the recent British Society of Baking (BSB) Autumn Conference.
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Product NewsBarry Callebaut stays bullish amid ‘difficult’ European market
Chocolate giant Barry Callebaut Group said it bucked a difficult trading in Europe to grow sales of its products to food manufacturers.
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Product NewsMondelēz brands boost organic sales in third quarter
Mondelēz brands Oreo, Ritz and Cadbury Dairy Milk have contributed to the multinational’s organic sales increase of 1.1% in the third quarter.
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NewsNew York Bakery Co scales back pre-tax losses
The New York Bakery Co has steadied its sales and has cut its losses during a strong year.
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NewsHigh street store decline continues to accelerate
High street stores have taken a major hit, with PwC research produced by the Local Data Company finding that 15 stores closed every day in the first six months of this year.
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Product NewsNFU specialist reminds manufacturers over product recall issues
Paul Shattock, food and drink sector specialist at commercial insurer the National Farmers Union - trading as NFU Mutual - has reminded manufacturers of the importance of risk management to avoid product recall issues on a global scale.
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NewsArtisan food sales benefit smaller manufacturers
Sales of artisan food have helped smaller and medium-sized manufacturers to grow profit margins to 6.8% of turnover over the past year, according to research by law firm EMW.
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Product NewsGrocery searches soar across mobile devices
Shoppers searched for groceries on their smartphones 11% more in Q3 2016 compared to the previous quarter, according to Google and the British Retail Consortium (BRC).
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NewsCosta continues multiple channel strategy as sales rise
Costa’s total UK retail sales rose 10.1% in the first half of 2016/17 amid total revenue growth for Whitbread of 8.1% to £1.6bn in the six months to 1 September 2016.
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NewsFood and Drink International Action Plan: Andrea Leadsom encourages export growth
Secretary of State for Environment, Food and Rural affairs Andrea Leadsom has published the UK Food and Drink: International Action Plan from 2016 to 2020 – outlining the encouragement for export growth in the baking industry.
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NewsHotel Chocolat profits up 90%
Luxury chocolatier and retailer Hotel Chocolat has recorded a massive increase in profits for the year to 26 June 2016, thanks to a focus on the dark side.
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Product NewsNick Clegg: ‘Food prices face cliff edge if UK leaves Single Market’
Liberal Democrat politician Nick Clegg has warned that UK food prices will see a steep hike if the government opts for a hard Brexit and leaves the Single Market.
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NewsPeyton and Byrne goes into administration
Bakery and catering company Peyton and Byrne has gone into administration following the loss of contracts at London’s Kew Gardens and the British Library.
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NewsSamworth investment pays off
Leicestershire-based Samworth Brothers, maker of Ginsters pasties and Soreen malt loaf, said in a trading statement its investment in staff and facilities had paid off, with revenues topping £900m.
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NewsBurton’s loses sales and market share as it shuns deep discounts
Burton’s Foods - producer of brands including Maryland and Jammie Dodgers - has said it lost share in the sweet biscuits market in 2015 after refusing to participate in aggressive category price cuts.
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NewsWhat could Brexit mean for the UK wheat industry?
Increasing productivity and profitability across the agricultural supply chain will be essential following Brexit, the Agriculture and Horticulture Development Board (AHDB) has warned.
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Product NewsHim! reveals continuing rise for food-to-go
The total food-to-go market is set to rise by an average rate of 4.4% over the next three years, according to MCA.