All Finance articles – Page 5
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OpinionWhy store closures don’t spell disaster for Greggs
‘Greggs shut 56 branches amid challenging start to the year’, but the headlines aren’t all what they seem, writes British Baker editor Amy North
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NewsGenius Foods ‘at turning point’ in return to profit
Free-from business says financial performance has been boosted by improved efficiency and new product development
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NewsBuns, matcha, and iced drinks drive Q4 growth at Caffè Nero
Maritozzi and cinnamon buns, which have sold a combined 1.5m units, helped to boost sales for the coffee specialist alongside iced drinks
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NewsBaker & Baker weathers inflation to post robust profits
Strategic investments made in 2024 to improve operational efficiencies and develop new products at the sweet bakery supplier sees gross profit rise by 8.7%
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NewsChocolate alternative Win-Win secures £3m funding
Funding will be used to further fuel growth in the UK with investment in people and new product lines
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NewsGreggs to trial new ‘bitesize’ shops to support growth
Bakery chain has unveiled a new shop format aimed at driving greater visit frequency and supporting estate expansion
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NewsGovernment-funded project supporting Welsh food manufacturers relaunched
Now renamed The Helix Programme, the initiative has delivered an impact of over £676m since 2016 including technical support for Welsh firms such as Just Love, Pettigrew Bakeries, and ANR-Probake
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NewsModern Baker raises £2.5m to accelerate growth and challenge UPF narrative
Oxford-based start-up behind gut-healthy bread brand Superloaf stands to benefit from investor Adjuvo’s funding as well as its influence across retail, food, and consumer tech sectors
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NewsAnt and Dec become shareholders of frozen dough firm
Famous TV presenting duo have joined Northern Dough Co’s founders Amy and Chris Cheadle as it gears up for growth
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Product NewsBrace’s Bakery unveils sourdough brand Ernest 100%
South Wales-based manufacturer is rolling out a four-strong line up including White, Malted Brown, Protein, and Crafted Rolls at regional Tesco and Asda stores
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NewsBranded sweet treats lift up Q1 results at Premier Foods
Volume-led growth in Mr Kipling and Cadbury cake ranges has helped cover lost ground across the manufacturer’s other divisions during the first quarter of its latest financial year
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NewsClive’s Purely Plants invests £650k in Dartmouth site upgrades and first TV ad
Vegan bakery specialist has installed a new pie line, external freezer, and engineers workshop to help increase capacity at its 15,000 sq ft site, whilst launching a new brand marketing campaign
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NewsExpansion and investments pay off at Cake Box as sales and profit soar in FY25
Egg-free, fresh cream celebration cake specialist reports 13% revenue growth to £42.8m in its latest financial year, driven by estate expansion and an e-commerce uptick
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NewsThe Compleat Food Group acquires own-label supplier Freshpak
Chilled food manufacturing group has completed a deal for the Barnsley-based supplier of own-label deli fillers, chilled food-to-go snacks, and poached eggs
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NewsMacphie opens new development kitchen in the Midlands
The ingredients supplier said the facility would increase its capacity to tailor and trial new products in collaboration with customers
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NewsBennetts Family Bakers closes last three shops in Dorset
Third-generation, family-run craft bakery business announces it has ceased trading after failing to find someone to take over from its aging owners
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NewsCMA begins probe into Greencore’s £1.2bn acquisition move for Bakkavor
The competition watchdog has launched Phase 1 of its merger inquiry with an invitation for comments from interested parties open until 22 July
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NewsBiscuiteers secures distribution deal with Moonpig
The two businesses are developing a range of year-round gifting products
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NewsRoberts Bakery to cut up to 250 jobs in strategic restructure at Northwich site
Significant challenges in the bread market and ongoing economic pressures have forced the business to announce mass redundancies at its bread plant in Cheshire
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NewsCo-op Wholesale’s evolving ISB offer a success story for independent retailers
New premium product lines are being introduced to the in-store bakery offer supplied by Co-op Wholesale, which now makes up 31% of convenience retail sales