All Finance articles – Page 66
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Product News
Petrow opens Suffolk facility
Dried fruit and nuts supplier Petrow Food Group has opened an 80,000sq ft factory and warehouse at Haverhill, Suffolk.
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Product News
British Lion Eggs’ Code of Practice reviewed
The British Egg Industry Council (BEIC) is preparing to relaunch its Lion Eggs Code of Practice at the end of this month, and has also lodged a trademark application for a logo for products such as quiche made with Lion eggs.
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EAT appoints new chairman
John Derkach has been appointed chairman of on-the-go food outlet EAT.
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Product News
Iceland has bread advert banned
Iceland has had one of its bread adverts banned by the Advertising Standards Authority (ASA) after a complaint it misled the public.
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LPQ bemoans rents rise
Le Pain Quotidien has become the second major bakery chain to say that the cost of rents is a major downside of running a business in central London.
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Product News
United Biscuits suffers profit tumble
United Biscuits (UB) has seen pre-tax operating profits fall 47.5% to £54.7 million in the year to 3 January 2015, according to newly filed Companies House accounts.
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Full steam ahead for EAT
Sandwich and coffee chain EAT has announced plans to tackle the burgeoning train station and airport market as part of its expansion plans.
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Tate & Lyle trading and outlook unchanged
Ingredients supplier Tate & Lyle said its trading performance in its first half had been “in line with our expectations” and its outlook for the year was “unchanged”.
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Speciality Breads to open new £3m bakery
Speciality Breads, the Margate-based wholesale bakery, is to open a new £3m bakery as it revealed it is seeing 30% year-on-year growth and is nearing a £6m turnover.
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Tesco records drop in UK like-for-like sales
Supermarket giant Tesco saw its operating profit fall by nearly 55% to £354m in its first half, it revealed this morning.
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Greggs reports Q3 LFL sales rise of nearly 5%
Greggs, the high street bakery retailer, said it planned to “deliver good growth for the year” – as it announced third-quarter like-for-like sales (LFLs) of 4.9%.
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Staff turnover hits industry hard
Up to 17% of manufacturing and 24% of front-of-house staff leave their jobs every year, a new survey has claimed.
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Carrier bag charge comes into force
From today English shoppers will have to pay 5p for plastic carrier bags at the checkout.
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Supermarket white loaf price down nearly 5%
A loaf of supermarket white bread has fallen by 4.5% in year, according to new research.
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Spanish artisan bakery opens second UK bakery
Spanish bakery Granier is to open a second UK site in Woolwich.
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Starbucks franchisee secures expansion funds
Owner of the UK’s first Starbucks franchise Anil Patil has raised £10m to open 16 new sites.
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Costa increases pay as new national minimum wage introduced
Costa Coffee has followed Starbucks in pledging to pay its staff more.
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Sainsbury’s posts moderate sales growth
Sainsbury’s has revealed that total retail sales increased by 0.3% (excluding fuel) for the 16 weeks to 26 September 2015.
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Aldi supermarket sales increase by a third
Discount supermarket Aldi has recorded record sales of £6.89 billion for its last financial year, a 31% increase on the previous (2013) year’s figure of £5.27bn.
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Product News
Invicta adds business development manager
Bakery, catering and food processing supplier Invicta Bakeware has appointed a new business development manager as part of a planned expansion.