All Finance articles – Page 58
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NewsGreggs to close three bakeries
The closure of three bakeries has been announced by food-to-go retailer Greggs, with the loss of 355 jobs.
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NewsMorrisons to enter supply arrangement with Amazon
Morrisons has this morning announced a new supply deal with Amazon.
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Product NewsEuropean sugar crisis imminent?
A sugar supply crisis in Europe is almost certain, bakers have been warned.
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NewsNew coffee shop and eatery for Blackpool
Tower Coffee Company, a new 1,500 sq ft coffee shop and eatery, will be opening in the Lancashire town of Blackpool.
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NewsGreggs Northern Ireland expansion marches on
Signs were put up yesterday at the Applegreen service station located on the M1 just outside Lisburn, advertising a Greggs shop.
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NewsYorkshire bakery suppliers join forces
The bag-sealing equipment manufacturer Select Bag Sealers (SBS) has been acquired by specialist tape manufacturer ProSpool.
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NewsNew £3.6m expansion for Scottish bakers Bells
Family-run bakers, Bells Food Group, is looking to recruit up to 30 workers as part of the expansion plan.
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NewsPredicted growth for out-of-home foodservice market
The British out-of-home (OOH) foodservice market will grow visits by 1.6% in 2016, according to global information company, The NPD Group (NPD).
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NewsFood firms sign letter opposing Brexit
A clutch of leading food firms have joined nearly 200 business leaders saying leaving the European Union would threaten jobs and put the UK’s economy at risk.
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NewsBrakes Group sold to US firm for £2.2bn
Brakes Group, the food supplier that had purportedly been considering a flotation, has been sold to US company Sysco in a deal worth $3.1bn (£2.2bn).
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NewsABF: earnings per share will miss targets
Associated British Foods (ABF), parent company of bakery brand Kingsmill, has warned that earnings per share will be lower than expected for its half year results, due out in April.
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NewsWorst ever quarterly sales fall for Asda
Asda has seen sales fall 5.8% during the three months that include Christmas - its biggest quarterly sales fall on record.
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NewsSainsbury’s leads the way by scrapping multi-buys
Sainsbury’s has become the first of the major supermarkets to commit to phasing out multi-buy deals, after mounting evidence that shoppers find them confusing and misleading.
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NewsSupermarket special offers to be banned?
Major supermarkets are under official investigation after it emerged that questionable special offers encouraged shoppers to spend, not save.
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NewsTower Bakery agrees deal to supply local Tesco stores
Perth-based Tower Bakery has agreed a deal to supply Tesco with traditional Scottish bakery treats.
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NewsBakkavor delivers strong ebitda growth despite revenue slump
Food manufacturer, Bakkavor, has seen adjusted UK ebitda grow 10% from £112.9m to £124.1m for the 52 weeks to 26 December.
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NewsTate & Lyle on track for forecast profit
Tate & Lyle, the bakery ingredients supplier, said it expected full-year reported adjusted pre-tax profit to be "modestly below" last year’s full-year figures.
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NewsReal Good Food acquires Chantilly for £1.75M
Frozen desserts supplier Chantilly Patisserie will be run as a trading division of Haydens Bakery, a wholly owned subsidiary of Real Good Food (RGF).
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NewsGrocery market grows, with further success for discounters
The latest grocery share figures from Kantar Worldpanel showed the British grocery market returning to slow growth, after a disappointing Christmas period.
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Product NewsUnited Biscuits confirms national biscuit shortage
United Biscuits (UB), which owns the McVitie’s, Jacobs and Go Ahead brands, has admitted the flooding of its Carlisle factory has resulted in a nationwide shortage of its biscuits.