All Finance articles – Page 89
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NewsPremier Foods praises Mr Kipling performance in final quarter
Premier Foods has highlighted power brand Mr Kipling as its ‘stand-out performer’ in its latest trading results for the quarter to 31 December 2014.
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NewsVandemoortele buys Italian bakery products firm
European frozen bakery producer Vandemoortele has acquired Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy.
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NewsReal Good Food buys up cake decoration firm
Real Good Food (RGF) has acquired a specialist supplier of cake decorating products for £4m.
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NewsFinsbury’s sales boosted by Fletchers buy
Bakery manufacturer Finsbury Food Group has reported that total sales revenue grew to £107.6m in 2014.
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NewsThorntons stays upbeat despite fall in sales
Thorntons has seen total sales plummet 10.3% in its commercial division to £41.9m.
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NewsDecember footfall down on 2013
Average footfall in the UK for December fell by 0.7% compared to last year’s festive season.
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NewsABF sees revenue rise 3% in latest quarter
Associated British Foods (ABF), the parent company of Kingsmill, has ended the 16 weeks to 3 January 2015 with revenue 3% ahead of the same period last year.
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NewsBiscuit firm strikes $90m Bahrain deal
Mondelez International, owner of Cadbury, has signed a deal to set up a new $90m (£59.15m) biscuit factory in Bahrain.
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NewsSuccessful Christmas for Ocado
Ocado has seen a bumper Christmas, processing nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year.
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NewsSainbury’s tops table in tight big-four race
Christmas sales have closed the gap between the big four retailers, with a difference in sales growth of just 0.9% between them all.
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NewsMorrisons boss to leave, following Christmas sales slump
Dalton Philips, the man at the helm of Morrisons, is to leave the company after the board announced that “it [was] time to start the search for a new chief executive”.
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NewsDunkin’ Donuts reveals broad expansion plan for China
Dunkin’ Donuts has announced plans to open 1,400 new stores in China over the next 20 years.
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NewsFood-to-go bumps up Greggs’ Christmas sales
High street bakery giant Greggs has said it had a “very strong Christmas”, with own shop like-for-like sales (LFLs) up 4.5% for the financial year.
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Product NewsCarr’s reports growth in flour, but lower revenue
Carr’s Milling Industries has outperformed its previous performance in food, with flour volumes up on last year.
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NewsAryzta enters joint venture on flatbreads
Swiss food group Aryzta plans to drive its flatbreads category Honeytop globally via a joint venture with the group that previously ran the business.
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NewsMiddleton brother makes another loss with cake business
The cake business of James Middleton, brother of Kate Middleton the Duchess of Cambridge, has made a loss for its third consecutive year.
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NewsBristol firm enjoys successful sales
Bristol-based café business, Boston Tea Party, has seen a 11.5% increase in like-for-like (LFL) sales for the year ending 22 October 2014.
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NewsSSP food travel giant sees LFLs up
SSP, the leading food operator in travel locations worldwide, has seen like-for-like (LFL) sales grow 2.7% in its first quarter.
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NewsTesco sees Christmas success, despite announcement to shut 43 stores
Tesco has made its first trading update of 2015, revealing plans to shut 43 “unprofitable” stores, most of which are likely to be convenience outlets.
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NewsM&S sees positive festive performance for food
Marks & Spencer hailed a “very good” Christmas in food, claiming a record sales increase of 17% in the key Christmas week.