All Finance articles – Page 69
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NewsWheat prices expected to stay low
Wheat prices are expected to stay low, despite an estimated 1m-hectare reduction in global planting.
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NewsSainsbury’s reports steady Q4 sales
Sainsbury’s has reported a steady Q4 trading period with like-for-like (LFL) sales excluding fuel at 0.1% growth.
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NewsUB boss steps down
United Biscuits’ chief executive, Jeff van der Eems, has stepped down with immediate effect.
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NewsHigh street closures at five-year low
New research from PricewaterhouseCoopers (PwC) and the Local Data Company (LDC), shows coffee shops led the rise in new store openings last year.
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NewsNew national commitment to sustainable food and drink
Resource efficiency charity WRAP has pledged to reduce the resource intensity of the UK’s food and drink by one-fifth, saving £20bn.
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NewsFree’ist wins Morrisons deal
Low-sugar bakery and snack manufacturer Free’ist has won its first listing with a major British supermarket.
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NewsNew directors for Tate & Lyle
Tate & Lyle PLC has announced that it has appointed two non-executive directors, with effect from 1 April.
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Product News“Significant growth” for Bokomo Foods
Cereal maker Bokomo Foods is now the main supplier to all major supermarkets’ own-brand cereal products.
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NewsWaitrose operating profit up despite tough market
Waitrose has reported a 3.9% rise in operating profit for the year, to £232.6m, despite “exceptionally tough” market conditions.
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NewsMorrisons details strategy for growth
Morrisons has listed six key priorities, as part of its ongoing strategy to improve profitability.
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NewsMorrisons reports sales drop
Morrisons reported a 2% drop in like-for-likes sales for its financial year (excluding VAT and fuel), although positive Q4 figures showed signs of recovery.
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NewsInnovation is the key to success, says new report
A new bakery and pastry report from Catalyst Corporate Finance has found that the fastest-growing brands specialise in healthier baked goods using high-quality ingredients.
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NewsFood sales return to growth despite supermarket price war
The grocery sector reported a 0.5% rise in sales in the four weeks to 28 February, after months of little or no growth, according to Kantar Worldpanel.
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NewsCaffè Nero roasted for tax avoidance
High street coffee chain Caffè Nero has come under widespread media criticism for paying no corporation tax in the last financial year, despite posting a profit of almost £23.6m.
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NewsBurton’s Biscuits closes in on Fox’s deal
Burton’s Biscuits is reported to be closing in on a £330m deal to purchase rival brand, Fox’s.
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Product NewsPrice of gluten-free bread and croissants rises
Mysupermarket.com has analysed the prices of various baked goods over the last year, with many items found to be cheaper, but a few significantly more expensive.
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NewsPerthshire pie-maker ceases trading
The Wee Pie Company has unexpectedly ceased trading, just months after securing a £150,000 contract to supply Aldi.
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NewsInnovate to thrive, say webinar speakers
The bakery retail market is “exciting and vibrant”, according to the speakers at the Insights from the Bakery Market Report 2016 live event.
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NewsSelf-service bakery franchise announces expansion plans
Bake & Take, the German café and bakery concept, aims to open 100 new UK stores in the next five years.
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NewsBakery among biggest UK exports
Baked and cereal exports increased to £2.3bn in 2015, according to new HM Customs & Excise data.