All Finance articles – Page 69
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NewsPaul bakery opens second restaurant venue
The second Le Restaurant de Paul is opening in London’s Tower 42 in the French bakery brand’s largest venue yet.
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NewsSlow growth in grocery sector
“Sluggish growth” has been recorded in the British grocery market in the 12 weeks to 16 August 2015 with Sainsbury’s the only one of the big four in growth.
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NewsBako North Western finalises sister company purchase
Bako North Western, the Preston-based company, has bought sister company Bako Northern & Scotland in a deal to create a business with a turnover of more than £100m.
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NewsReal Good Food chairman ups shares
Executive chairman of Real Good Food (RGF) has increased his stake in the company to 3.89%.
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NewsFerrero completes Thorntons transaction
The £112m takeover of British chocolatier Thorntons has been completed by Ferrero, as it pledges to grow the brand.
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NewsIrish Pride ‘sold’ to Pat the Baker
The sale of the majority of Irish Pride Bakeries’ assets to Pat the Baker has reportedly been agreed for around €7m (£4.9m).
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NewsAsda upbeat despite Q2 sales drop
Asda has posted a 4.7% fall in like-for-like sales for its second quarter, in what it described as “disappointing, but a short-term picture”.
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NewsLotus Bakeries buys majority stake in Nākd
Belgian biscuit and cake company Lotus Bakeries has taken over a majority stake Natural Balance Foods, the company behind the Nākd and TREK brands.
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NewsBakkavor in revenue increase
Fresh food manufacturer Bakkavor has seen revenues rise in its half year results, despite a challenging market.
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NewsBrace’s shapes management team
Brace’s, the Newport-based bread bakery, has made a number of changes to its board of directors following the recent appointment of a new chief executive.
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Product NewsUS bird flu increases pressure on egg prices
Fears are growing that egg prices could rise as European supplies are sent to the US after a massive bird flu outbreak.
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NewsCake and biscuits market in slow growth, but future positive
The biscuit and cake market has seen a “subdued” growth, threatened by home baking and competition between confectionery, health foods and ice cream products.
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NewsBRC reports first drop in food sales for 2015
Food sales fell for the first time this year, as budgets and weather affected shopper habits.
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NewsSugar hurts Real Good Food profit, but outlook good
The bakery group Real Good Food made an operating loss of £741,000 last year after it was hit hard following a dispute over sugar.
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NewsReal Good Food business outlook breakdown
Real Good Food posted full-year results including an operating loss of £741,000 for the year to 32 March 2015.
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Wheat cost helps drive food price inflation
Food prices returned to inflation in July for the first time this year driven in part by the rising cost of wheat, according to latest figures released by the British Retail Consortium.
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Ginsters announces new managing director
Ginsters, the Cornish pasty giant, has announced the appointment of a previous Coca-Cola marketing boss as its new managing director.
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NewsBurton’s in the frame to buy Nakd bars
Burton’s Biscuits, owner of Jammy Dodgers and Maryland Cookies, is reportedly in the running to make a £60m bid for the maker of Nakd bars.
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NewsAllied Bakeries reviews 23 jobs in streamlining operation
A major restructure at Allied Bakeries will see 23 management and admin roles go under review, including its category director position.
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NewsKaak establishes one-stop bakeware shop in UK
Bakery equipment manufacturer The Kaak Group has expanded in the UK following the acquisition from Aktrion Foods of its tin cleaning and coating division by Benier UK.