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ABF posts positive trading update
Associated British Foods was upbeat about its UK bakery, sugar, ingredients and cereals businesses as it posted a trading update this morning, with underlying profit said to be “ahead of expectations”.
Taylors Bakers closes after more than 55 years of trading
Oldham-based business Taylors Bakers has shut its doors after more than 55 years. The main reason cited for the closure was that the owners could not make enough money to keep the company going.
Sterling boosts ABF but outlook mixed
Kingsmill-owner Associated British Foods (ABF) expects its bottom line to be boosted by a Brexit-weakened pound in the final quarter, it said in its trading update today.
Paul increases turnover to £28.7m
Turnover at French bakery and café Paul is up 17% in its results for the year ended 31 December 2015, and group turnover increased to £28.7m.
Belfast Chamber of Commerce seeks Sunday trading extension
Belfast Chamber of Commerce (BCC) is to lobby the city council to apply for holiday resort status as it seeks to extend Sunday trading hours.
Sainsbury’s reports steady Q4 sales
Sainsbury’s has reported a steady Q4 trading period with like-for-like (LFL) sales excluding fuel at 0.1% growth.
No change to Sunday trading hours
Plans to overhaul Sunday trading laws in England and Wales have been dropped, after they were rejected by MPs.
Perthshire pie-maker ceases trading
The Wee Pie Company has unexpectedly ceased trading, just months after securing a £150,000 contract to supply Aldi.
Bakery appears on minimum wage shame list
The Welbeck Bakehouse, the Worksop-based bakery, is among businesses mentioned in a new report who have failed to pay all staff the minimum wage.
Record seasonal trading days for Waitrose
Waitrose reported record trading days on 23 and 24 December, despite the challenging grocery market.
Enormous challenges at Carr’s
Carr’s Group has faced “enormous challenges as a result of the flooding”, the company’s first-quarter trading update has confirmed.
RGF satisfied, but warns revenue is down
Real Good Food, the bakery ingredients group, has declared itself “very satisfied” with the start of its new financial year – despite revenue being down.
Thorntons to exit Stock Exchange
Thorntons has officially requested to be delisted from the London Stock Exchange, in anticipation of its pending takeover by Ferrero International.
ABF steps up volumes at Allied Bakeries
Associated British Foods (ABF) has revealed that Kingsmill owner Allied Bakeries is increasing its volumes in its trading statement for the 40 weeks ended 20 June 2015.
Union slams Sunday all-day trading plans
The GMB union has lashed out at government plans to introduce all-day trading on Sundays in the biggest reform of opening hours for 20 years.
Real Good Food: bakery and cakes showing growth
Real Good Food plans to focus on its cake decorating and bakery arm, the company revealed this morning.
Sainsbury’s records decline in Q4 sales
Sainsbury’s has reported like-for-like retail sales were down 1.9% in its fourth-quarter trading statement as “the trading environment remains challenging”.
Tesco 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.
Sainsbury’s: LFLs down and warns on deflation
Sainsbury’s has revealed like-for-like sales (LFLs) fell during the important festive period – and warned the remainder of its financial year would be “challenging”.
Greggs raises profits outlook
Bakery chain Greggs delivered a shock trading update this morning to reveal that its full-year profits would be ahead of analysts’ expectations.
Bakery uses crowd-funding to expand
Woodstock’s Artisan Bakery is looking to expand after it celebrated its first year of trading in July.
New Britain Palm Oil reports strong trading, but uncertainty surrounds company future
New Britain Palm Oil (NBPO) has reported strong trading for the first half of 2014, however the company could face a new take over bid, after its biggest shareholder revealed it is disposing of its 48.97% stake in the company.
Co-op sees positive food sales over Christmas
The Co-operative Group has seen a like-for-like (LFL) sales increase of 1% during the Christmas period following strong food sales.
Sainsbury’s reports bumper Christmas sales
Sainsbury’s saw total sales in its third quarter up 2.5%. However, like-for-like sales growth was flat (0.2%) over the the 14 weeks to 4 January 2014.
ABF posts sales increase
Associated British Foods (ABF) has unveiled a sales increase of 10% to £6.3bn in its first half, compared with the same period last year.
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