All Finance articles – Page 61
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NewsRecord seasonal trading days for Waitrose
Waitrose reported record trading days on 23 and 24 December, despite the challenging grocery market.
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NewsWrights Food Group doubles production capacity
Wrights Food Group has installed a £1.2m pie production line, which it says will double its pie production capacity.
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NewsSeasonal bakery sales up thanks to sweet-toothed shoppers
Christmas cake, pudding and confectionery sales were up 8.3% on 2014 as UK consumers spent £219m in the two weeks leading up to Christmas.
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NewsVillage Bakery bids to build £16m plant
Village Bakery, the Wrexham-based craft business, has applied for planning permission to build a new £16m plant.
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NewsPieminister returns to profitability
Pieminister, the luxury pie manufacturer and restaurant chain, has reported profits of £99,000 for the 12 months to 31 March 2015, reversing the previous year’s loss of £109,000.
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NewsFox’s Biscuits sale speculation
Fox’s Biscuits, the UK’s fourth largest biscuit manufacturer, may be sold by owner Boparan Holdings, according to people close to the issue.
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Product NewsBaked goods sales to tumble 5% by 2020
UK sales of bread and baked goods are set to fall by 5.3% over the next five years, according to a report by market insight company Mintel, with market value dropping from £3.9bn to £3.7bn.
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Looking Forward: 2016 trends and threats
The New Year is bound to bring a fresh wave of challenges to the baking industry, with the effects of the sugar tax drama yet to be felt and the National Living Wage coming into force.
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Review of the Year: Part 2
Sadly, 2015 could not all be about good news. It was a tough year for craft bakeries and even mighty brands like Hovis found themselves needing to cut costs. This was also the year the health debate around sugar erupted, with the full effect perhaps yet to be felt in 2016.
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Review of the Year: Part 1
The past year has produced plenty to celebrate for our industry, with strong investment in production equipment, moves to propagate the next generation of bakers and, to cap it all, the best British wheat harvest on record. British Baker looks back over the top 10 successes of the year.
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NewsCake sales fall in run up to Christmas
Christmas cake and pudding sales have slumped in the run up to Christmas, down 5.3% on last year for the two weeks to 12 December.
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NewsDestiny Foods to triple storage with new warehouse
Destiny Foods, the Manchester-based foodservice patisserie firm and distributer, has bought a 30,000sq ft warehouse which it says will triple its storage capacity.
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NewsGreggs opens 100th franchise store
Greggs, the high street bakery, recently passed 100 franchise stores as it opened another partnership with fuel station forecourt manager Euro Garages.
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NewsStarbucks UK’s profits leap forwards
Starbucks UK has seen year-on-year pre-tax profits jump £32.2 million to reach £34.2m in the year to 27 September.
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NewsMacphie doubles profit in bullish year
Macphie, the Scottish-based bakery and food ingredients manufacturer, has seen profits and sales increase off the back of weaker dairy prices.
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NewsSainsbury’s bucks Big Four downward trend
Sainsbury’s was the only Big Four supermarket to show growth for the 12 weeks to 6 December 2015, up 1.2% to achieve a market share of 16.7%.
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NewsRecruitment firm urges flexibility ahead of Living Wage
The founder of a Glasgow-based recruitment agency for the food and drink and hospitality industries has warned that businesses need to adopt a “flexible labour mode” ahead of the National Living Wage (NLW).
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News2 Sisters sees quarterly drop in sales and profits
Boparan Holdings – the owner of 2 Sisters Food Group, which runs Holland’s Pies and Fox’s Biscuits, saw sales slump by 3.5% to £778.3m in the three months to 31 October.
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Product NewsCoffee shops forecast to reach £15bn in next 10 years
Britain’s love affair with coffee looks set to continue with the UK coffee shop market expected to be worth over £15bn by 2025, according to the latest report from Allegra World Coffee Portal.
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NewsLondon bakery goes cashless
Sweet Things will be the first London eatery not to accept cash payments when it opens in Notting Hill on 4 January.