All Finance articles – Page 9
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News
William Reed acquires Retail Week and World Retail Congress
The titles will sit in the firm’s Retail and Manufacturing business unit, which includes British Baker and Food Manufacture
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Bakery in review: the big investments of 2022
A round-up of some of the biggest investments and funding deals announced in the past 12 months
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Bakery in review: mergers and acquisitions in 2022
Biscuits and gluten-free were among the categories to be shaken up thanks to a series of mergers and acquisitions
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How much have bread prices increased in the past year?
The average price of an 800g loaf of sliced white bread has risen 28% in the past 12 months, ONS data shows
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Real Good Food revenues down 20% in ‘perfect storm’
Lower volumes and rising costs have contributed to a fall in revenue for the Renshaw and Rainbow Dust Colours owner
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Product News
Hovis launches budget Simple White loaf in Tesco
Rollout of lower-priced branded sliced loaf is targeted at consumers hit by the cost-of-living crisis.
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St Pierre Groupe appoints David Wagstaff as managing director
Appointment follows the acquisition of the brioche specialist by international bakery giant Grupo Bimbo
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Jacob’s cracker staff return to work after agreeing pay deal
Agreement comes as many Jacob’s cream crackers SKUs are currently out of stock in UK retailers
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Scottish Bakers elects three new board members
Scottish Bakers chief executive Alasdair Smith said the appointments came at a crucial time for the sector
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Perfect high street must have a bakery, finds study
A study of 2,000 people asked which types of business they expect to see on the perfect high street
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Cabinet secretary told of pressures facing baking industry
Mairi Gougeon, Cabinet Secretary for Rural Affairs and Islands, met with Scottish Bakers president Ian Mcghee and chief executive Alasdair Smith
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2 Sisters close to agreeing sale of bakery division
The poultry giant has been seeking a buyer for the Holland’s Pies and the Portumna pastry businesses
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How Stacey’s Bakery is keeping a tight rein on prices
“We can only absorb the price increases so much, but we still want our customers to come back and keep shopping with us”
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Price hikes drive revenue growth at Aryzta
The global bakery business reports growth in the foodservice, quick serve restaurant and retail channels
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Cornish Premier Pasties sales up 21% year on year
The business is on track to reach £7m turnover in 2022 following 10 consecutive months of record sales
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Real Good Food secures £2.5m to support turnaround
The funding will support the firm’s radical reform intended to reduce costs and protect revenues
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Autumn statement: Trade bodies raise concerns over energy support
Craft Bakers Association said it is disappointed by the lack of clarity regarding further support for businesses
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Jones Village Bakery staff to get discounts and Real Living Wage
All operational workers, including 16-year-old school leavers, will get at least £10.90 an hour
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Strong non-branded performance drives Premier Foods bakery growth
Sales of non-branded sweet treats up 35% following contract wins in pies, tarts and seasonal products
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Bread rolls supplier Garth Bakery goes into administration
All 98 staff have been made redundant following closure of 40-year-old South Wales business