All Finance articles – Page 86
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Product NewsThorntons suffers sales decline, despite better Easter
Sales at chocolate company Thorntons have dropped in both its retail and FMCG divisions, as the firm has lost orders from a commercial customer.
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NewsResearch firm identifies morning goods and lunch opportunities
The morning goods market is expected to grow 2.7%, as retailers are advised to capitalise on the convenience food trend.
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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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NewsFarmers’ alliance to stage British Sugar protest
A farmer’s movement is to march outside British Sugar’s Bury St Edmunds factory today (29 April) to protest the “lack of support” for small-scale producers.
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NewsGreggs turns in another robust performance
Greggs the bakers has posted another set of “strong” trading results, with like-for-like sales up 5.9%- ahead of its expectations.
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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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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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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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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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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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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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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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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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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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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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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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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.