All Finance articles – Page 80
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Product NewsMarketing director to leave Allied Bakeries
Jon Wilson, marketing director at Kingsmill owner Allied Bakeries, is to leave the business, British Baker can reveal.
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Product News
Finsbury: analysing the results
Finsbury Food Group unveiled revenue and profit growth yesterday – but what were the drivers for the increases? Here British Baker analyses the performance of the bakery group in greater detail.
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Product NewsPastry expert buys Harrogate Cake Company
Top pastry chef Charlotte Marrifield has bought the Harrogate Cake Company with funding support from the Royal Bank of Scotland for an undisclosed sum.
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Product NewsFinsbury shares up on preliminary results
Shares in Finsbury Food Group, the large bakery manufacturer and supplier, rose 25% yesterday after the company announced pre-tax profits had grown by 76% to £11.4m last year.
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NewsNew Nottingham bakery reveals ambitions
Tartisan, the recently opened bakery in Nottingham, has revealed plans to grow nationally and abroad in the next five years.
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NewsCanadian coffee chain plans UK expansion
Second Cup Coffee Company, the Canadian chain, is planning to open 500 UK sites in the next 10 years.
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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.