Keyword » market

‘Low prices of SMP have reduced the profitability of butter’

Michael Liberty, market analyst at Mintec, on the background to today’s soaring butter prices – and what the future might hold

Budgens in Broadstairs
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Him! reveals continuing rise for food-to-go

The total food-to-go market is set to rise by an average rate of 4.4% over the next three years, according to MCA.

New Kingsmill Toasties ‘disrupt’ breakfast

Allied Bakeries is tapping into the increasing popularity of the breakfast market with the launch of Kingsmill Toasties, which it says will disrupt the market.

Hovis records £19m loss in second year of trading

UK baking giant Hovis has recorded a £19m loss in its second year of trading since Premier Foods wrote off part if its investment into the company.

UK e-commerce grocery market grows by 6.9%

According a report published by Kantar Worldpanel, sales of groceries in the UK through e-commerce platforms has increased by 6.9% in the 12 months to June 2016.

Supermarket sales up, despite deflation

Kantar Worldpanel has revealed that, despite continued deflation of 1.1%, supermarket sales rose by 0.3% in the 12 weeks ending 11 September.

Multi-channel strategy reaps significant rewards for Finsbury

Cake, bread and morning goods manufacturer Finsbury Food Group has enjoyed a near 25% rise in group revenue for the financial year ended 2 July 2016, according to preliminary results from the company.

Lidl announces new CEO

Lidl UK has appointed Christian Härtnagel as its CEO with immediate effect, following the surprise departure of Ronny Gottschlich last week.

Chicken sandwich venture to open first permanent site

Fried chicken sandwich street-food outlet Butchies is to launch its first permanent site in London’s Camden Market later this month.

North American chain Tim Horton

Tim Horton’s to extend to UK market

Canadian and US restaurant chain Tim Horton’s will expand into the UK market after announcing a joint venture with a British investor.

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