All Finance articles – Page 84
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NewsPotential deal for Irish Pride Bakeries on cards
It is rumoured that a rescue-deal for Irish Pride Bakeries is under way, after it went into receivership last month.
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NewsBread prices and discounters impact inflation
Grocery inflation is at -1.7%, reflecting the impact of Aldi and Lidl, as well as deflation in major categories like bread.
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NewsTesco beats expectations as sales decline slows
Outlook for Tesco is looking up as the retailer boasts an improved sales performance in its first quarter trading update.
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NewsPatisserie Valerie to open in Debenhams
Growing confectionery chain Patisserie Valerie has signed a deal to open six Debenhams concession shops.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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.