All Finance articles – Page 81
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NewsAllied Bakeries reviews 23 jobs in streamlining operation
A major restructure at Allied Bakeries will see 23 management and admin roles go under review, including its category director position.
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NewsBurton’s in the frame to buy Nakd bars
Burton’s Biscuits, owner of Jammy Dodgers and Maryland Cookies, is reportedly in the running to make a £60m bid for the maker of Nakd bars.
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NewsDanish bakery business to make UK debut
Lagkagehuset, the Danish bakery chain, is set to launch in the UK amid international expansion plans.
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NewsKaak establishes one-stop bakeware shop in UK
Bakery equipment manufacturer The Kaak Group has expanded in the UK following the acquisition from Aktrion Foods of its tin cleaning and coating division by Benier UK.
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NewsTate & Lyle reports steadier trading
Global ingredients and food solutions supplier Tate & Lyle says trading performance for its first quarter has been “in line with expectations”.
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NewsGreggs sales boom with breakfast demand
High street bakery giant Greggs has reported “a strong first half” as consumer demand for its low-calorie and breakfast options grows.
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NewsConvenience sales boost Greencore Q3 revenue
Greencore Group, the convenience foods manufacturer, has seen revenue rise 6.2% in its third quarter following increased convenience sales and strong US growth.
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Product NewsThe doughnut effect: preserves firm benefits from bakery trend
A rise in popularity of filled bakery products such as doughnuts has sparked business growth in a Manchester-based preserves company.
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NewsSmaller retailers outperform slower grocery growth
British grocery sales have slowed by 0.8% in the last year, though smaller retailers have enjoyed stronger growth.
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Product NewsOlive oil prices jump 10%
Extra virgin olive oil prices are up almost 10%, with little sign of the sourcing situation improving.
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NewsHarris + Hoole founders exit the business
The Harris + Hoole (H+H) founding trio are stepping back from the Tesco-backed coffee chain.
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NewsPremier Foods claims cake share gains, despite slight sales fall
Mr Kipling owner Premier Foods has reported market share gains in cake and ambient desserts amid a slight decrease in sales in its last quarter.
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NewsThorntons to exit Stock Exchange
Thorntons has officially requested to be delisted from the London Stock Exchange, in anticipation of its pending takeover by Ferrero International.
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NewsPhat Pasty Co sees sales jump 22%
Pasty concept Phat Pasty has seen sales surge thanks in part to a big increase in the number of universities selling its products and using its branded counters and point-of-sale material.
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NewsFinance director departs Real Good Food
Real Good Food’s (RGF) finance director has left the company following a reshuffle of operations, after it sold Napier Brown Sugar.
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NewsSSP enjoys LFL sales increase
Travel food giant SSP Group has seen like-for-like sales up 3.2% thanks to passenger growth in the air sector.
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Product NewsTromp predicts bright future as turnover leaps 10%
The Tromp Group has seen a jump in turnover of around 10% in the year since it joined the Markel Food Group in August last year.
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NewsFinancial distress worsens for food suppliers
The number of UK food suppliers experiencing significant financial distress has increased by 54% in the past 12 months as the supermarkets slash prices and delay payments, according to business recovery specialist Begbies Traynor.
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NewsEurope clears Cargill’s ADM cocoa deal
The European Commission has granted conditional clearance for the $440m (£226.4m) Cargill acquisition of Archer Daniels Midland’s cocoa business in Europe.
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Product NewsBakkavör sells off pizza firm
Bakkavör Group has completed the sale of its remaining pizza business to Dreamfood.