All News articles – Page 396
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Court judge approves Hostess Brands sales
The majority of Hostess Brands’ snack cake business, including the Twinkies brand, has been sold for a sum of $410m (£270m) this week.
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Online sales boost February’s food retail figures
The food sector experienced a 9.3% rise in online sales during February, compared to the same month last year, the latest statistics have revealed.
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NewsFood profits take a tumble at The Co-operative
A competitive environment has impacted sales at The Co-operative’s convenience store business, which experienced a £30m drop in underlying operating profit to £288m in the last year.
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Warburtons hires new MD
Warburtons has announced that Neil Campbell will take over as its new managing director, following the departure of Robert Higginson last year.
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NewsSeasonal bakery helps boost 2 Sisters’ figures
Christmas puddings and festive biscuits helped boost 2 Sisters Food Group’s second-quarter results for the 13 weeks to 26 January 2013.
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Shares in Greggs fall after 2012 profits revealed
Shares in Greggs, the high street bakery retailer, fell by 43.5p yesterday - after the City reacted to the company’s fall in profits in 2012.
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Industry bodies review 2013 Budget
A number of industry organisations have opened up about the proposed action set out in yesterday’s Budget, as revealed by Chancellor George Osborne in the House of Commons.
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NewsBaking industry reacts to Budget
Members of the UK baking industry have revealed their thoughts to British Baker on yesterday’s Budget, announced by Chancellor George Osborne.
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NewsChancellor unveils small business initiatives in 2013 Budget
Chancellor George Osborne unveiled his Budget this afternoon, saying it was for people who "work hard and get on", as he a revealed a number of initiatives he claimed would aid small business.
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Real Good Food announces improved performance
The Real Good Food Company (RGFC) has revealed that its sales performance over the fourth quarter was much improved on the three months before Christmas, in a trading statement today (20 March).
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NewsBusiness questions answered at Bakers’ Fair
Attendees of next month’s Bakers’ and Butchers’ Spring Fair will have the chance to ask retail entrepreneurs their burning business questions as part of a live masterclass.
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Aryzta sells bond to refinance debts
Aryzta has sold its second hybrid bond for CHF300m (£210.6m), which the company has said will be used to refinance its debts.
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Scotmid chooses local bakery partners
Convenience store operator Scotmid Food is working with a number of Scottish bakery firms as part of its plans to expand its partnerships with local suppliers.
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NewsProfits fall despite sales increase at Greggs
High street bakery chain Greggs saw pre-tax profits fall by 2.2% in 2012 to £51.9m - despite seeing an increase in sales as it moved into new channels such as wholesale and franchising.
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NewsGreggs results: “unsurprisingly disappointing”
Greggs results were this morning labelled "unsurprisingly disappointing" - after the bakery chain revealed a fall in its 2012 profits.
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NewsBakery products strong in 2012 food exports
Bakery products were key performers of the UK’s food exports in 2012 – helping to contribute to the total of £12.1bn in 2012, according to the Food and Drink Federation (FDF).
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NewsSainsbury’s reports 4.3% sales growth
Sainsbury’s has revealed its convenience store and online channels have helped to achieve a 4.3% increase in total sales in the last year.
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Milder weather improves February footfall figures
High street footfall increased by 2.7% in February in comparison to a year ago, the strongest growth since December 2011.
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NewsFirst Subway and Applegreen store launches
Subway has opened its first store as part of its new partnership with Irish independent forecourt retailer Applegreen.
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NewsEx-Paul boss heads up Euphorium
James Fleming has been appointed by Tesco as chief executive of Euphorium Bakery, according to the latest reports.