All Finance articles – Page 71
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NewsWorst ever quarterly sales fall for Asda
Asda has seen sales fall 5.8% during the three months that include Christmas - its biggest quarterly sales fall on record.
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NewsSainsbury’s leads the way by scrapping multi-buys
Sainsbury’s has become the first of the major supermarkets to commit to phasing out multi-buy deals, after mounting evidence that shoppers find them confusing and misleading.
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NewsTower Bakery agrees deal to supply local Tesco stores
Perth-based Tower Bakery has agreed a deal to supply Tesco with traditional Scottish bakery treats.
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NewsSupermarket special offers to be banned?
Major supermarkets are under official investigation after it emerged that questionable special offers encouraged shoppers to spend, not save.
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NewsTate & Lyle on track for forecast profit
Tate & Lyle, the bakery ingredients supplier, said it expected full-year reported adjusted pre-tax profit to be "modestly below" last year’s full-year figures.
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NewsBakkavor delivers strong ebitda growth despite revenue slump
Food manufacturer, Bakkavor, has seen adjusted UK ebitda grow 10% from £112.9m to £124.1m for the 52 weeks to 26 December.
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NewsReal Good Food acquires Chantilly for £1.75M
Frozen desserts supplier Chantilly Patisserie will be run as a trading division of Haydens Bakery, a wholly owned subsidiary of Real Good Food (RGF).
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NewsGrocery market grows, with further success for discounters
The latest grocery share figures from Kantar Worldpanel showed the British grocery market returning to slow growth, after a disappointing Christmas period.
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Product NewsUnited Biscuits confirms national biscuit shortage
United Biscuits (UB), which owns the McVitie’s, Jacobs and Go Ahead brands, has admitted the flooding of its Carlisle factory has resulted in a nationwide shortage of its biscuits.
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NewsReal Good Food’s share price falls 20%
Food ingredients and bakery supplier Real Good Food (RGF) saw share prices drop 20% after it warned that profits for the year would not hit market expectations.
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NewsBad Brownie wins Dragons Den investment
The London brownie company won a £60,000 investment from the dragons.
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NewsNorthern Irish bakery wins Dubai contract
Grahams Bakery in Northern Ireland has won a contract to supply its baked goods to a United Arab Emirates (UAE) supermarket giant.
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NewsNew director for Finsbury
Finsbury Foods, the retail and foodservice bakery group, has a new non-executive director in Marnie Millard.
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NewsReal Good Food warns it will miss profit expectations
Real Good Food (RGF), the food ingredients and bakery supplier, has warned profits for the year ended 31 March will not hit market expectations.
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Product NewsBidvest revamps own-brand bakery
Bidvest Foodservice, the wholesale retailer, has released a range of bakery goods as part of a major relaunch of its own label products.
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Product News“Groundbreaking” ColdBake plans to enter bakery sector
Northern Irish company, Carritech Research, plans to bring ColdBake to the bakery industry – products are cooked at 47 degrees or under, so no nutritional value is lost.
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NewsPukka Pies sales up but profits down
Independent pie manufacturer, Pukka Pies, has reported a “satisfactory year”, with a pre-tax profit of £4.3 million in the year to 25 May.
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NewsUK economy expands 0.5%
The UK economy expanded by 0.5% in the final three months of last year.
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News2016 US wheat harvest expected to shrink
The US wheat crop could be the lowest since 2006, according to a report by the Agriculture & Horticulture Development Board (AHDB).
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NewsCoffee Republic strikes new deal with Midcounties Co-operative
The Midcounties Co-operative has launched a new franchise partnership with coffee chain Coffee Republic.