All Finance articles – Page 81
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NewsChatwins closes Hanley outlets but revamps other stores
Chatwins bakery has shut three shops around Hanley, while it continues to refit and re-brand other more profitable stores.
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News2 Sisters to invest in biscuits
Food giant 2 Sisters Food Group is investing in biscuit and pizza categories, it has revealed in its Q3 results.
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NewsFerrero makes £112m play for Thorntons
Ferrero International, the maker of Ferrero Rocher chocolates and Nutella, has offered to buy Thorntons for around £112m.
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NewsStarbucks shuts La Boulange bakeries
Starbucks is to close its La Boulange bakery outlets, however will continue to serve the brand in US stores.
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NewsPatisserie Holdings sell shares
Patisserie Holdings, owner of Patisserie Valerie, has raised a combined total of £15m after the directors sold 4.8 million shares.
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NewsCake sales boost Premier, says analysts
Analysts have praised a ‘good uplift’ in the cake category at Premier Foods, while warning of potential delistings depending on actions of Tesco.
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Product NewsIrish ingredients firm celebrates 70 years with £750k spend
Andrew Ingredients has invested £750k in new facilities, which it will open in line with its 70 years of business celebrations.
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NewsCMA investigates Bako merger
The anticipated acquisition by Bako North Western of Bako Northern & Scotland is under investigation by the Competition and Markets Authority (CMA).
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NewsFinsbury bolts on Scottish acquisition
Bakery giant Finsbury Food Group has today announced the completion of its acquisition of Johnstone’s Just Desserts (Johnstone’s), from administrator FRP Advisory.
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NewsLFLs up 5% at Costa Coffee
Costa Coffee, the Whitbread-owned high street chain, saw like-for-like sales (LFLs) grow by 5% in the 13 weeks to 28 May 2015.
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NewsWorthing bakery opens first shop
Raise Bakery is to open its first retail shop in Hove this week, and will sell bread for the first time.
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Product NewsMorrisons drops Kingsmill 50/50 loaves
Allied Bakeries has suffered another blow to its Kingsmill brand, as British Baker can reveal Kingsmill 50/50 loaves have been dropped from Morrisons.
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NewsSainsbury’s Q1 LFLs down
Sainsbury’s has seen like-for-like (LFL) sales down 2.1% for its first quarter, fighting what it calls “a highly competitive pricing backdrop.”
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NewsFood sales ‘normalising’ despite deflation
Total food sales grew 0.5% for the three months to May, according to the British Retail Consortium (BRC) sales monitor.
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NewsPaul reports big jump in turnover
Artisan bakery chain Paul UK has revealed EBITDA has climbed 19.2% to £4.3m for the year ended 31 December 2014.
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NewsOne Stop strikes ISB deal
One Stop convenience stores has struck a new partnership with Country Choice, as it sees opportunity in the in-store bakery sector.
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NewsCooplands HQ is sold
The former head office and bakery of Cooplands of Doncaster has been sold for an undisclosed sum.
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NewsRainbow Dust Colour welcomes new managing director
Real Good Food has appointed a new managing director for its Rainbow Dust Colour business.
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Product News
Sales climb to nearly €1bn for Aryzta
Aryzta, the Swiss-based bakery group behind brands like Delice de France and Otis Spunkmeyer, saw its third-quarter revenue climb 13.2% to nearly €1bn.
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News
Supermarkets see slight sales growth
New figures show continued slow growth in the supermarket sector, with sales up 0.2% for the 12 weeks to 24 May.