All Finance articles – Page 79
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NewsPork Farms Group rebrands as Addo Food Group
Pork Farms Group, the chilled food producer, has rebranded as Addo Food Group, following the acquisition of the chilled savoury pastry business Kerry Foods.
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NewsGreggs ready to set down roots in Ireland
Greggs is to debut in Ireland later this year or early in 2016, Applegreen chief operations officer Joe Barrett has told the Irish Independent newspaper.
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NewsMorrisons’ rating downgraded following profit fall
Moody’s, the investors service, has downgraded its rating for Morrisons.
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NewsExclusive: BFP appoints new ops director and invests £1m in fleet
Bakery supplier BFP Wholesale has appointed a new operations director as it also revealed it had replaced 75% of its transport fleet at the cost of £1m.
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NewsBB’s Coffee & Muffins plans to double in size
BB’s Coffee & Muffins plans to double in size in the next five years as it opens sites in the UK and Ireland including a new masculine-look concept in Dublin.
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NewsTop 5 stories this week
Been a bit busy? Read our round-up of the five biggest stories this week.
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Product NewsCornish Prima Bakeries anticipates rapid growth
Prima Bakeries, the Cornish company, has just invested £100,000 as it anticipates major growth for the brand.
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NewsMorrisons LFLs down 2.7%, reveals plans to sell 11 stores
Morrisons saw like-for-like sales (LFLs) drop by 2.7% in its first half – and has announced plans to close 11 stores.
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NewsApostrõphe managing director exits the business
Apostrõphe, the bakery café group, is missing a managing director after Richard Franks stepped down.
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NewsWaitrose sees drop in first-half LFLs
Waitrose has revealed that like-for-like sales were down by 1.3% in its first half, as it insisted cut-price techniques were not hitting profits.
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NewsWhitbread may increase prices to offset National Living Wage
Costa’s parent company Whitbread has warned that it may be forced to raise prices to combat the effects of the National Living Wage.
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NewsCosta sees 4% LFL sales increase
Costa, the Whitbread-owned coffee brand, has posted an increase in like-for-like sales of 4% for the 11 weeks to 13 August 2015.
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Product NewsFDF urges industry to unite on sugar attack
The Food and Drink Federation (FDF) boss has warned the industry that no sector is safe from the attack on sugar.
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NewsPrivate equity firm snaps up cake supplier
Cake manufacturer Bright Blue Foods has been acquired today for an undisclosed sum by private equity investor Endless.
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NewsFranchise coffee chain reveals expansion plans
Mangobean, the franchised coffee shop operator, has a pipeline of openings planned this year with the goal of achieving an estate of 125 shops.
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NewsSales volumes up at Allied Bakeries, but market remains ‘challenging’
Associated British Foods (ABF) has revealed that Allied Bakeries saw increased sales volumes over the financial year, but overall profits across the group are expected to decline.
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Product NewsBakery a highlight as exports fall
Cereals and bakery exports increased by 10% in the first half of the year – but total food and drink sales abroad fell because of the strength of the pound.
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News
Limit on contactless payments rises
Contactless payments are set to account for more retail transactions now the upper limit has increased from £20 to £30.
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Product NewsRebranding boosts Cornish pasty firm
Warrens Bakery, the Cornwall-based 50-strong chain, has revealed that retail sales and wholesale have jumped following a rebranding programme.
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Product NewsSandwiches remain key to children’s lunchboxes
Research has revealed that children’s packed lunches are changing – but sandwiches remain a staple item.