All Finance articles – Page 93
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NewsFood drives Tesco’s Christmas sales
Tesco has said a “much stronger food performance than last year” has helped the company achieve its highest rate of growth for three years.
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NewsGreggs accelerates new format store openings
Greggs is to ramp up openings of its new Greggs The Bakery stores as it looks to convert up to a 100 existing sites to the format in 2013.
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NewsGreggs stays tough in Christmas trading
Greggs said it had remained “resilient” during Christmas trading, despite experiencing a 2.9% drop in like-for-like (LFL) sales, compared to a 5.1% increase last year.
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NewsSainsbury’s reports record-breaking Christmas
Sainsbury’s has delivered a strong trading performance during the festive season, bringing in more than £100m-worth of sales on Christmas Eve alone.
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Product NewsCarr’s reports “positive financial performance”
Carr’s Milling Industries has said its three flour mills have “performed relatively well”, despite poor weather producing low wheat yields.
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NewsChristmas sales “not a disaster” says BRC director
UK food retailers saw slow-moving sales during the festive period, with a marginal 0.3% increase in like-for-likes (LFLs), the British Retail Consortium (BRC) has revealed.
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Morrisons’ sales suffer during Christmas
Morrisons said its Christmas trading performance was “disappointing” as like-for-like sales, excluding fuel, fell by 2.5%.
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NewsCoopland voices high street fears
Directors at Coopland & Son (Scarborough) have said there is little prospect of a strong high street recovery, despite reporting a 16.5% rise in turnover to £32.5m for the financial year.
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Labour MP suggests first UK small business day
Shadow business secretary Chuka Umunna has proposed that Britain should host a similar scheme to the United States’ Small Business Saturday.
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Real Good Food extends bank facility
The Real Good Food Company has agreed a new five-year bank facility with PNC Financial Services UK.
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Bea’s of Bloomsbury sold in pre-pack deal
Bea’s of Bloomsbury has gone into administration and been sold, it has been revealed.
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Aulds posts a loss in full-year accounts
Scottish bakery group Aulds has seen its financial losses increase as “intense pressure on margins” continued to impact the business.
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NewsWaitrose sees total sales rise 7.7% during Christmas
Waitrose said sales of its festive bakery goods, including products from its Heston Blumenthal ranges, contributed to its most successful Christmas on record.
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NewsMrs Crimble’s secures foodservice listings
Gluten-free bakery company Mrs Crimble’s has announced a new range of listings, including contracts to supply easyJet, Moto service stations and the NHS.
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Coffee shop growth shows no sign of slowing
The UK branded coffee shop market has grown at a rate seven times faster than the British economy, according to a new study.
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NewsPremier Foods renews Cadbury Cakes licence
Premier Foods has renewed its long-standing licence to produce Cadbury-branded cakes, as part of its plans to grow the category.
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Job losses consultation period slashed in half
The 90-day consultation period before large-scale redundancies can take place is to be cut to 45 days, the government revealed yesterday.
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2 Sisters finds biscuit market tough
2 Sisters Food Group admitted the biscuit market had been “tough”, in its latest set of financial results, published today (18 December).
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Greggs recruits for new Moment role
Greggs, the high street bakery and café operator, is looking to add to the management team of its Greggs Moment coffee shop chain.
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Greggs’ shares fall on McMeikan departure news
Shares in Greggs fell by 3% yesterday – following the shock news of the departure of chief executive Ken McMeikan.