All Finance articles – Page 77
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Product NewsCarr’s reports growth in flour, but lower revenue
Carr’s Milling Industries has outperformed its previous performance in food, with flour volumes up on last year.
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NewsFood-to-go bumps up Greggs’ Christmas sales
High street bakery giant Greggs has said it had a “very strong Christmas”, with own shop like-for-like sales (LFLs) up 4.5% for the financial year.
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NewsDunkin’ Donuts reveals broad expansion plan for China
Dunkin’ Donuts has announced plans to open 1,400 new stores in China over the next 20 years.
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NewsMorrisons boss to leave, following Christmas sales slump
Dalton Philips, the man at the helm of Morrisons, is to leave the company after the board announced that “it [was] time to start the search for a new chief executive”.
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NewsSainbury’s tops table in tight big-four race
Christmas sales have closed the gap between the big four retailers, with a difference in sales growth of just 0.9% between them all.
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NewsAryzta enters joint venture on flatbreads
Swiss food group Aryzta plans to drive its flatbreads category Honeytop globally via a joint venture with the group that previously ran the business.
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NewsSSP food travel giant sees LFLs up
SSP, the leading food operator in travel locations worldwide, has seen like-for-like (LFL) sales grow 2.7% in its first quarter.
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NewsBristol firm enjoys successful sales
Bristol-based café business, Boston Tea Party, has seen a 11.5% increase in like-for-like (LFL) sales for the year ending 22 October 2014.
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NewsMiddleton brother makes another loss with cake business
The cake business of James Middleton, brother of Kate Middleton the Duchess of Cambridge, has made a loss for its third consecutive year.
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NewsM&S sees positive festive performance for food
Marks & Spencer hailed a “very good” Christmas in food, claiming a record sales increase of 17% in the key Christmas week.
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NewsTesco sees Christmas success, despite announcement to shut 43 stores
Tesco has made its first trading update of 2015, revealing plans to shut 43 “unprofitable” stores, most of which are likely to be convenience outlets.
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NewsWaitrose sees strong festive sales
Like-for-like sales increased by 2.8% at supermarket Waitrose over the Christmas period – the sixth consecutive year it has outperformed the market.
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NewsSainsbury’s: LFLs down and warns on deflation
Sainsbury’s has revealed like-for-like sales (LFLs) fell during the important festive period – and warned the remainder of its financial year would be “challenging”.
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NewsADM to sell global cocoa business to Olam
Archer Daniels Midland Company (ADM) is to sell its global cocoa business to Olam International, the global commodity processer and trader, for £830m ($1.8bn).
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NewsReal Good Food bullish despite profit drop
The ongoing dispute with a rival sugar company has continued to impact on Real Good Food’s (RGF’s) financial results, as the group showed a pre-tax profit loss of £5.2m.
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NewsGreggs’ shares soar on profits guidance
Shares in Greggs soared yesterday after the bakery retailer revealed that increased sales would mean better-than-expected profits.
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NewsUK coffee shops outperform retail
The UK coffee shop market is outperforming the UK retail sector, with significant sales growth of 10.7% on last year equating to £7.2 bn in turnover.
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NewsPremier Foods criticised over controversial supplier payments
Premier Foods, the company behind Mr Kipling cakes, has hit the headlines for asking suppliers to hand over money – or risk losing contracts.
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NewsTesco-backed café sees financial loss
Coffee chain Harris + Hoole has made a pre-tax loss of £12.8m in its year-end results.
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NewsAryzta reports European revenue rise for first quarter
Aryzta, the Swiss frozen bakery giant, has seen revenue up 7% for Food Europe to £320.1m (€404.1m), in its first-quarter trading statement.