All Finance articles – Page 83
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Product NewsNapier Brown to sell for £34m
Real Good Food is to sell its sugar distribution business Napier Brown for £34m to Tereos, the world’s fifth-largest sugar group.
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NewsProduct innovation sees Costa LFL sales surge
Costa Coffee, the Whitbread-owned chain, has seen like-for-like sales leap by 6%, driven by an increase in transactions.
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NewsSandwich chain outlines ambitious store plan
High street sandwich chain EAT will open two more London sites in May as it presses on with expansion plans to double the business over the next three years.
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NewsHolland & Barrett launches first of 50 free-from stores
Health store chain Holland & Barrett has today opened the country’s first-ever free-from concept store under the brand Holland & Barrett More.
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NewsTesco suffers record loss
Tesco has posted a record £6.4bn annual pre-tax loss for the year to the end of February.
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NewsCMA gives provisional clearance for Pork Farms merger
The Competition & Markets Authority (CMA) has provisionally cleared Pork Farms Group’s acquisition of chilled savoury pastry business Kerry Foods.
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Product NewsPret A Manger reveals strong full-year performance
Sandwich chain Pret A Manager has reported a 9.7% increase in like-for-like sales in the 52 weeks to 1 January 2015.
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NewsTate & Lyle readjusts global focus
Tate & Lyle has announced a major realignment to focus on speciality food ingredients amid a significant restructuring of its Splenda sucralose business.
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NewsABF recoups ‘lost volume’ for Kingsmill
Associated British Foods (ABF) has claimed that “lost volume” following Tesco’s de-listing of Kingsmill sliced last month has “been replaced elsewhere”.
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NewsMr Kipling boosts Premier’s performance
Premier Foods continues to show improved trading performance in Q1 as master brand Mr Kipling “remains the star”.
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Product NewsPuratos extends ingredients offer with Italian acquisition
Ingredients and bakery firm Puratos has acquired Italian ingredients specialist Bakery Future Lines (BFL), as it plans to expand production and meet consumer demand.
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NewsCarr’s Group praises its flour mills
Carr’s Group, the farming and food conglomerate, said its flour mills had delivered an ‘excellent performance’ in its first half.
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NewsBiscuit firm keeps sale option open
Thomas J Fudge, biscuit maker, has revealed it has been working with corporate adviser Grant Thornton about the potential sale of the business to achieve growth plans.
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NewsThe Co-op achieves solid performance
The Co-operative food business delivered a 0.4% increase in like-for-like sales overall for the 52 weeks ended 3 January 2015.
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NewsAldi bypasses Waitrose in supermarket leaderboard
German discounter Aldi has leapfrogged Waitrose in the leaderboard to become Britain’s sixth-largest supermarket.
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NewsBakkavör sees corporate credit rating upgraded
Chilled food and bakery producer Bakkavör has seen its corporate credit rating rise from a B- (positive outlook) to B (stable).
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News‘Healthy treating’ to boost quick-service bakery, finds study
The quick-service bakery market (QS bakery) is to see an accelerated growth rate this year, with the concept of “healthy treating” becoming “key” to driving incremental increases in visits.
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NewsBarry Callebaut outpaces chocolate market in latest results
Chocolate giant Barry Callebaut Group has outperformed the chocolate market in its half-year results.
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NewsTate & Lyle investment results in higher net debt
Ingredients manufacturer Tate & Lyle reported net debt to be around £34m higher than expected, as group profit sank “modestly” in its year to 31 March.
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NewsM&S food enjoys ‘excellent’ Q4 sales
Marks & Spencer (M&S) delivered an “excellent” performance on food in its fourth quarter as food sales were up 3.7%.