All Finance articles – Page 70
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NewsDanish bakery business to make UK debut
Lagkagehuset, the Danish bakery chain, is set to launch in the UK amid international expansion plans.
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NewsGreggs sales boom with breakfast demand
High street bakery giant Greggs has reported “a strong first half” as consumer demand for its low-calorie and breakfast options grows.
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NewsTate & Lyle reports steadier trading
Global ingredients and food solutions supplier Tate & Lyle says trading performance for its first quarter has been “in line with expectations”.
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NewsSmaller retailers outperform slower grocery growth
British grocery sales have slowed by 0.8% in the last year, though smaller retailers have enjoyed stronger growth.
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Product NewsThe doughnut effect: preserves firm benefits from bakery trend
A rise in popularity of filled bakery products such as doughnuts has sparked business growth in a Manchester-based preserves company.
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NewsConvenience sales boost Greencore Q3 revenue
Greencore Group, the convenience foods manufacturer, has seen revenue rise 6.2% in its third quarter following increased convenience sales and strong US growth.
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Product NewsOlive oil prices jump 10%
Extra virgin olive oil prices are up almost 10%, with little sign of the sourcing situation improving.
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NewsThorntons to exit Stock Exchange
Thorntons has officially requested to be delisted from the London Stock Exchange, in anticipation of its pending takeover by Ferrero International.
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NewsPremier Foods claims cake share gains, despite slight sales fall
Mr Kipling owner Premier Foods has reported market share gains in cake and ambient desserts amid a slight decrease in sales in its last quarter.
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NewsHarris + Hoole founders exit the business
The Harris + Hoole (H+H) founding trio are stepping back from the Tesco-backed coffee chain.
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NewsSSP enjoys LFL sales increase
Travel food giant SSP Group has seen like-for-like sales up 3.2% thanks to passenger growth in the air sector.
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NewsFinance director departs Real Good Food
Real Good Food’s (RGF) finance director has left the company following a reshuffle of operations, after it sold Napier Brown Sugar.
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NewsPhat Pasty Co sees sales jump 22%
Pasty concept Phat Pasty has seen sales surge thanks in part to a big increase in the number of universities selling its products and using its branded counters and point-of-sale material.
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NewsFinancial distress worsens for food suppliers
The number of UK food suppliers experiencing significant financial distress has increased by 54% in the past 12 months as the supermarkets slash prices and delay payments, according to business recovery specialist Begbies Traynor.
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Product NewsTromp predicts bright future as turnover leaps 10%
The Tromp Group has seen a jump in turnover of around 10% in the year since it joined the Markel Food Group in August last year.
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NewsEurope clears Cargill’s ADM cocoa deal
The European Commission has granted conditional clearance for the $440m (£226.4m) Cargill acquisition of Archer Daniels Midland’s cocoa business in Europe.
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NewsFinsbury reports strong sales growth
Speciality bakery manufacturer Finsbury Food Group is outperforming profit expectations as its total sales revenue grew to £256.2m in the year to 27 June 2015.
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NewsCompetition body highlights ‘misleading’ supermarket pricing tactics
Supermarket pricing has been deemed potentially confusing by the Competition & Markets Authority (CMA) following a formal complaint by consumer rights campaigner Which?.
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Product NewsBakkavör sells off pizza firm
Bakkavör Group has completed the sale of its remaining pizza business to Dreamfood.
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Product NewsCarr’s reports positive growth for food division
Carr’s Group has seen volumes in its food division up ahead of last year, despite the “challenging” market.