All Finance articles – Page 59
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NewsSupermarket sales up, despite deflation
Kantar Worldpanel has revealed that, despite continued deflation of 1.1%, supermarket sales rose by 0.3% in the 12 weeks ending 11 September.
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Product NewsMulti-channel strategy reaps significant rewards for Finsbury
Cake, bread and morning goods manufacturer Finsbury Food Group has enjoyed a near 25% rise in group revenue for the financial year ended 2 July 2016, according to preliminary results from the company.
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NewsMorrisons reveals upbeat progress amid industry wins
Retailer Morrisons has seen like-for-like sales (excluding fuel and VAT) rise by 1.4% for the half year to 31 July 2016.
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NewsOcado sales climb despite price wars
Group sales at Ocado climbed 15.4% to £314 million in the third quarter, despite the chief executive indicating that price wars were expected to continue in the future.
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NewsManchester bakery Sheldon’s remains upbeat
Manchester wholesale bakery GH Sheldon’s saw a sharp drop in profits in the year to the end of February, according to its recently filed annual accounts.
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NewsStreet Eats set for growth at new £4m processing centre
Food-to-go company Street Eats has moved into a state-of-the-art food processing centre as it pushes to become one of the leading food-to-go producers in the UK.
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Product NewsReal Good Food in upbeat mood
Real Good Food executive chairman Pieter Totté has issued a bullish statement on group trading in advance of the company’s annual general meeting today.
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Product NewsAnger at changes to Sainsbury’s meal deal sandwiches
There has been a social media backlash after Sainsbury’s removed Taste the Difference options from its £3 meal deal. The range has been renamed On The Go, and still includes a drink, sandwich and snack.
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NewsConsumer spending soars to 13-month high in August
The latest Barclaycard consumer spending data has reached a 13-month high of 4.2%, a counteraction from muted growth of 2.6% in July.
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NewsM&S announces proposed change to UK HQ
Supermarket giant Marks & Spencer has announced that it will be discussing proposals with its employees to make significant changes to its UK head office structure.
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Product NewsSlight grocery price drop in August
Research from comparison website MySupermarket shows that a basket of popular supermarket items dropped slightly in August, two months after prices rose in June and July.
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NewsFDF reveals rise in UK exports to non-EU countries
The Food and Drink Federation (FDF) has announced British food and drink exports are up by 6.2% in the first half of 2016 compared to the same period last year, following the fall of the pound since Brexit.
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NewsTim Horton’s to extend to UK market
Canadian and US restaurant chain Tim Horton’s will expand into the UK market after announcing a joint venture with a British investor.
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NewsWest Cornwall Pasty Co continues profitable turnaround
West Cornwall Pasty Company has released its latest financial statement, with sales figures of £13m and underlying like-for-like sales increasing by 7.6% for the year ending 25 March 2016.
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NewsInsomnia announces Blakemore & Son partnership to increase store numbers
Irish coffee shop chain Insomnia has announced a partnership with Spar petrol forecourt operator Blakemore & Son as it aims to increase its UK store count to 12 by the end of this year.
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Product NewsHershey rejects Mondelez takeover bid
Mondelez International, owner of Cadbury, has had its latest £19bn takeover offer for US snack and confectionary manufacturer Hershey rejected and will now end its attempts to acquire the company.
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NewsTesco sells Euphorium Bakery
Tesco has agreed to sell its Euphorium Bakery business for an undisclosed sum.
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News‘Bake Off’ effect hits Manchester
Greater Manchester has seen a 27% rise in specialist bakeries since The Great British Bake Off series first aired in 2010, according to the Office for National Statistics.
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NewsBread Factory and Gail’s bakery sales climb
The Bread Factory and Gail’s artisan bakery annual revenues are up by 41.5%, suggesting that UK consumers’ hunger for artisan bread shows no signs of dying out.
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NewsAsda suffers largest quarterly sales decline in history
Supermarket giant Asda has been hit with the biggest sales decline in its history, as like-for-like sales decreased by 7.5%.