All Finance articles – Page 87
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Product NewsSainsbury’s reveals sustained growth for 2013
Latest grocery share figures from Kantar Worldpanel show sustained growth for Sainsbury’s throughout 2013.
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Co-op announces £2m loss in food profits
The Co-operative Group has revealed a decrease in underlying operating profits to £117m in its food business sector, falling from £119m last year.
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Product News
EHL records organic sales rise
EHL Ingredients has reported an increase in sales of its organic ingredients for the second year running.
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NewsNFU embarks on annual harvest survey
The National Farmers’ Union of England and Wales (NFU) is asking members to complete its annual harvest survey, launched this week.
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NewsBAKO holds interactive workshop for bakers
On 24 July BAKO North Western hosted an interactive workshop for bakers to learn about marketing and social media.
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NewsGreggs’ shares slump on LFL decline
Shares in Greggs, the country’s largest bakery retailer, fell by 7% yesterday after the company revealed its like-for-like sales (LFLs) were down by 2.9% in the first half of the year.
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Households prepare to cut back this Christmas
Households are planning and budgeting harder than previous years, according to research conducted by Asda.
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Deflation at highest rate for nearly seven years
Overall shop prices today confirmed annual deflation in July, the third conscecutive month, has fallen 0.5% from 0.2% in June. Deflation is now the highest it has been for six-and-a-half years.
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NewsUK bakery arm performs well for Canada Bread
Maple Leaf Bakery UK saw increased volumes over the past quarter, which helped lift revenue in parent company Canada Bread’s frozen bakery arm.
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Greencore sees revenue up in third quarter
Greencore Group has announced that trading during the third quarter met expectations, with a 2.6% increase in revenue compared to Q3 2012.
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NewsMorrisons completes on Ocado deal
Morrisons has announced the completion of its agreement with online retailer Ocado Group, which will see Morrisons.com commence online deliveries from next January.
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NewsGenius makes it a full house
Genius Foods has struck a deal to supply Asda with a range of its gluten-free bakery products.
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Analyst advocates ‘buy’ for Tate & Lyle despite challenges
A City analyst has reiterated his ‘buy’ recommendation for Tate & Lyle, despite downward pressure on the US sweetener market.
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Tate & Lyle sees strong volume growth in Europe
Tate & Lyle, the international speciality ingredients producer, has reported strong volume growth in Europe after a slow start to the US summer.
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NewsTotal bread sales down at Premier Foods
Premier Foods has revealed a drop in overall bread sales of 0.7% to £240.6m for the six months to 30 June 2013.
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Small businesses group calls for level playing field on rates
The business rates system needs a radical overhaul, says the Federation of Small Businesses (FSB).
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Cost of fuel drives UK inflation
Official figures show that inflation rose 0.2% last month to 2.9%, its highest since April 2012.
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NewsFood performs for Marks & Spencer
Marks & Spencer has posted a 4.5% increase in total UK food sales in the 13 weeks to 29 June 2013, as the group saw overall sales rise 3.3%.
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NewsCSM completes Bakery Supplies divestment
CSM, now known as Corbion, has completed the divestment of its Bakery Supplies business to “affiliates of Rhône Capital”.
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NewsBarry Callebaut closes acquisition
Barry Callebaut has successfully closed its acquisition of the Cocoa Ingredients Division of Singapore-based Petra Foods, for around $860m (£563.5m).