All Finance articles – Page 74
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NewsDestiny Foods to triple storage with new warehouse
Destiny Foods, the Manchester-based foodservice patisserie firm and distributer, has bought a 30,000sq ft warehouse which it says will triple its storage capacity.
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NewsGreggs opens 100th franchise store
Greggs, the high street bakery, recently passed 100 franchise stores as it opened another partnership with fuel station forecourt manager Euro Garages.
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NewsStarbucks UK’s profits leap forwards
Starbucks UK has seen year-on-year pre-tax profits jump £32.2 million to reach £34.2m in the year to 27 September.
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Product NewsCoffee shops forecast to reach £15bn in next 10 years
Britain’s love affair with coffee looks set to continue with the UK coffee shop market expected to be worth over £15bn by 2025, according to the latest report from Allegra World Coffee Portal.
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News2 Sisters sees quarterly drop in sales and profits
Boparan Holdings – the owner of 2 Sisters Food Group, which runs Holland’s Pies and Fox’s Biscuits, saw sales slump by 3.5% to £778.3m in the three months to 31 October.
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NewsRecruitment firm urges flexibility ahead of Living Wage
The founder of a Glasgow-based recruitment agency for the food and drink and hospitality industries has warned that businesses need to adopt a “flexible labour mode” ahead of the National Living Wage (NLW).
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NewsSainsbury’s bucks Big Four downward trend
Sainsbury’s was the only Big Four supermarket to show growth for the 12 weeks to 6 December 2015, up 1.2% to achieve a market share of 16.7%.
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NewsMacphie doubles profit in bullish year
Macphie, the Scottish-based bakery and food ingredients manufacturer, has seen profits and sales increase off the back of weaker dairy prices.
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NewsLondon bakery goes cashless
Sweet Things will be the first London eatery not to accept cash payments when it opens in Notting Hill on 4 January.
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NewsAustralia franchise café firm reveals UK expansion plans
Jamaica Blue plans to open four new cafés in ‘affluent’ areas of the UK in 2016.
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Product NewsKingsmill loaves back on Tesco shelves
Tesco has relisted several of Kingsmill’s core branded bread loaves, nine months after they were cut as part of supermarket’s ‘Project Reset’ simplification of its SKUs.
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NewsDouble-digit revenue growth for The Bread Factory
The Bread Factory has reported another year of double-digit growth, with revenue up 25% from £36.1m to £45.1m.
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NewsRGF buys sports supplements brand
Real Good Food (RGF), the food ingredients and bakery supplier, has bought ISO2 Nutrition, the sports supplements brand, for a nominal amount.
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NewsCosta Coffee reports Q3 sales growth
Costa Coffee, the Whitbread-owned café chain, has posted UK like-for-like (LFL) sales growth of 2.5% for the 13 weeks to 26 November 2015.
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Product NewsWarburtons finalises five-year wheat contracts
Warburtons, the bakery giant, has today announced the finalising of new wheat-growing contracts with more than 300 British farmers.
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Whitbread announces new non-executive director
Whitbread, the group that owns Costa Coffee and Premier Inn, has appointed Chris Kennedy as a non-executive director.
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NewsCosta launches Fresco
Costa Coffee has launched a new concept which focuses on food-to-go sales.
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NewsFDF president pledges to treble apprenticeships
Fiona Kendrick has announced a pledge to treble apprenticeships in the food and drink industry and grow value-added exports a third by 2020.
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NewsIndependent bakers missing out on Bake Off opportunity
High street bakery outlets are failing to cash in on a surge in consumption of sweet-tasting bakery and dessert products, in a trend driven by The Great British Bake Off.
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NewsBrains gains £85m to expand Coffee#1 chain
Drinks and hospitality firm Brains has been given an £85m funding packing to help accelerate the roll-out of its coffee chain business Coffee#1.