All Finance articles – Page 71
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Product News
Competition body clears path for Bako merger
The Competition and Markets Authority (CMA) has cleared the anticipated merger of Bako North Western and Bako Scotland.
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Product News
Square Pie issues ‘Pie Bonds’ on CrowdCube
Retail pie brand Square Pie is crowdfunding investors to grow its business across the UK.
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Ferrero-Thorntons bid ‘unconditional’ as decision deadline nears
Ferrero’s £112m takeover bid of Thorntons has become ‘wholly unconditional’, subject to the chocolate brand’s acceptance by shareholders.
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News
Sun helps Waitrose sales soar
Sales at Waitrose leapt 6% to £132.2m in the 22nd week of its current financial year versus the same week in 2014.
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Product News
Callebaut’s European sales buck the global chocolate trend
Global chocolatier Barry Callebaut has seen sales volumes rise in Europe - outperforming the declining global chocolate confectionery market.
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Product News
Ingredion extends ‘clean-label’ offering with acquisition
Global ingredient solutions company, Ingredion Incorporated, has announced it will acquire Kerr Concentrates for around $100m (£65m).
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ABF steps up volumes at Allied Bakeries
Associated British Foods (ABF) has revealed that Kingsmill owner Allied Bakeries is increasing its volumes in its trading statement for the 40 weeks ended 20 June 2015.
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Bristol to see new-concept bakery
An experienced restaurant duo are to open a new-concept bakery in Bristol.
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M&S enjoys Q1 food sales increase
Marks & Spencer has seen food sales rise in its first quarter, while it remains on track to open 90 new Simply Food stores this year.
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Hatton baker strengthens hand with Aberdeen acquisition
Murdoch Allan bakers has bought a Scottish bakery firm, as it expands to meet demand.
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Ireland’s coffee shop market rises 14%
Ireland’s coffee shop market is outperforming the Irish retail sector with sales growth of 14%.
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Potential deal for Irish Pride Bakeries on cards
It is rumoured that a rescue-deal for Irish Pride Bakeries is under way, after it went into receivership last month.
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Bread prices and discounters impact inflation
Grocery inflation is at -1.7%, reflecting the impact of Aldi and Lidl, as well as deflation in major categories like bread.
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Tesco beats expectations as sales decline slows
Outlook for Tesco is looking up as the retailer boasts an improved sales performance in its first quarter trading update.
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Patisserie Valerie to open in Debenhams
Growing confectionery chain Patisserie Valerie has signed a deal to open six Debenhams concession shops.
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Chatwins closes Hanley outlets but revamps other stores
Chatwins bakery has shut three shops around Hanley, while it continues to refit and re-brand other more profitable stores.
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2 Sisters to invest in biscuits
Food giant 2 Sisters Food Group is investing in biscuit and pizza categories, it has revealed in its Q3 results.
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Ferrero makes £112m play for Thorntons
Ferrero International, the maker of Ferrero Rocher chocolates and Nutella, has offered to buy Thorntons for around £112m.
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Starbucks shuts La Boulange bakeries
Starbucks is to close its La Boulange bakery outlets, however will continue to serve the brand in US stores.
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Patisserie Holdings sell shares
Patisserie Holdings, owner of Patisserie Valerie, has raised a combined total of £15m after the directors sold 4.8 million shares.