All Finance articles – Page 60
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Product NewsDélifrance partners Michelin Guide launch
The 2017 Michelin Guide for Great Britain & Ireland launches today in London, partnered by bakery Délifrance.
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NewsUK e-commerce grocery market grows by 6.9%
According a report published by Kantar Worldpanel, sales of groceries in the UK through e-commerce platforms has increased by 6.9% in the 12 months to June 2016.
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NewsSainsbury’s sees slight second-quarter drop
Sainsbury’s has seen total retail sales (excluding fuel) fall 0.4% in its second quarter results to 24 September 2016.
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NewsCo-op profits down by over 50%
Profits at the Co-op Group more than halved to £17m in the first six months of the year, hit by the group’s three-year plan to rebuild the business.
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NewsAldi reports record sales but profits hit by price war
Discount supermarket Aldi has reported record sales in the UK and Ireland for 2015 and said it will invest £300m in revamping its stores, but profits have been hit by the supermarket price war.
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NewsLunch sales suffer as Brits go out for breakfast more
The lunch market is coming under increasing pressure as people spend more on breakfast, according to data from NPD Crest on the ‘out of home’ (OOH) foodservice market.
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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.