Keyword » LFL

Pasty firm starts concept store roll-out

West Cornwall Pasty Co will open West Cornwall Food Co stores nationally ‘in the coming months’, following a successful inaugural trial in Canterbury.

Grocery prices see largest drop in over a year

Food prices saw their biggest fall for over a year last month as prices continued to drop, according to market analyst British Retail Consortium-Nielsen (BRC).

Grocery in decline but discounters take record share

Discount retailers have hit record market share while consumers await the possible impact of Brexit on grocery prices, according to Kantar Worldpanel.

Tesco sells Harris + Hoole to Caffè Nero

High street coffee chain Caffè Nero is to acquire the coffee chain Harris + Hoole from Tesco.

Costa boosts Whitbread performance

Whitbread-owned Costa Coffee has boosted the group’s overall Q1 performance for the 13 weeks to 2 June 2016, with total sales at the high street coffee chain up 11.5% to £414.3m and retail like-for-like (LFL) sales increasing by 2.6%.

Bakkavör reports “solid revenues” in Q1

Fresh prepared foods manufacturer Bakkavör has reported £415.8m revenue in its first-quarter results for the 13 weeks to 26 March.

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.

Greggs sales up thanks to sandwiches

Greggs, the high street bakery, has reported like-for-like (LFL) sales were up 3.7% for the first 18 weeks of the year, which it credited to hot sandwiches and breakfasts.

Food to go boosts sales at Morrisons

Morrisons has reported a second quarter of rising like-for-like (LFL) sales, as it continues to cut costs and prices, although total sales fell due to store closures.

West Cornwall Pasty Co sales up 20%

Pasty operator West Cornwall Pasty Co (WCPC) has reported like-for-like (LFL) sales are up 20% for the year ending 31 March.

New direction for West Cornwall Pasty Company

Following yesterday’s end-of-year results, West Cornwall Pasty Company (WCPC) has announced a new set of developments that include a gluten-free pasty and a new brand.

Sainsbury’s underlying profits down 14%

Sainsbury's has announced a fall of 14% in underlying yearly profits in its trading update, but saw a turnaround in pre-tax profits, which were up by £620m.

Costa sales up 15.7%

Costa Coffee owner Whitbread has reported that UK retail sales at Costa were up 15.7% in the year ending 3 March.

Tesco records first quarterly sales growth in three years

Supermarket giant Tesco reported a £162m pre-tax profit for the year to 27 February, its first quarterly sales growth since 2013.

Co-op boss takes pay cut as profits dip

The Co-operative Group has reported 3.3% underlying profit growth in food sales, up to £250m for the 52 weeks to 2 January 2016.

Finsbury Food reports strong H1 growth

Finsbury Food Group has reported a 91% growth in its H1 UK bakery operating profit, from £3.8m to £7.2m.

Boparan enjoys positive Q2 results

Boparan Holdings, the company behind 2 Sisters Food Group, has reported a rise in underlying sales and improved profitability for its second quarter.

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.

Caffè Nero roasted for tax avoidance

High street coffee chain Caffè Nero has come under widespread media criticism for paying no corporation tax in the last financial year, despite posting a profit of almost £23.6m.

Costa reports slowing sales

The high street coffee shop chain’s owner, Whitbread, has blamed mild weather for disappointing sales.

SSP reports strong first quarter

SSP Group, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 4.3% for its first quarter. 

Chief executive, Roger Whiteside
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Greggs to offer new gluten-free range

The high street bakery chain, Greggs, is set to introduce a new gluten-free range later this year, the company's chief executive has announced.

Tesco’s festive LFL rise fails to reverse Q3 fall

Tesco has reported a 1.3% growth in UK like-for-like (LFL) sales for its Christmas trading period in the six weeks to 9 January.

Greggs’ trading update triggers share-price tumble

Greggs, the high street bakery chain, suffered a sharp drop in share price as it reported a slowdown in its like-for-like (LFL) sales growth.

Southern Co-op Christmas LFLs up 4.7%

Convenience store retailer The Southern Co-operative saw a like-for-like (LFL) sales increase of 4.7% across the three weeks to 3 January.

Sainsbury’s sales good despite LFL drop

Sainsbury’s suffered a 0.4% drop in like-for-like (LFL) retail sales, excluding fuel, for the 15 weeks to 9 January 2016 – despite trading well over Christmas.

Morrisons’ trading down but improving, 2015 LFLs up 0.2%

Supermarket chain Morrisons is “working to improve” as company like-for-like sales (LFLs) excluding fuel increased 0.2% in the nine weeks to 3 January.

Bakers report strong Christmas sales

Craft bakers have reported a strong Christmas trading period as it was revealed that sales of cake, pudding and confectionary surged by 8.3% in supermarkets.

Costa Coffee reports Q3 sales growth

Costa Coffee, the Whitbread-owned café chain, has posted UK like-for-like (LFL) sales growth of 2.5% for the 13 weeks to 26 November 2015.

SSP reports 3.7% LFL growth

SSP, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 3.7% for the year ended 30 September 2015.

Greencore Group has recorded a 10.6% rise in group operating profits
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Greencore announces factory investment following strong sales

Greencore Group, the convenience food manufacturer, has reported a 10.6% rise in group operating profits to £91.7m for the year ended 25 September 2015.

Morrisons LFL sales have slumped 2.6% (excluding fuel)
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Morrisons hit by fresh sales slump

Supermarket chain Morrisons has seen another drop in sales, with a 2.6% fall in like-for-like (LFL) sales excluding fuel in the 13 weeks to 1 November 2015.

Greggs reports Q3 LFL sales rise of nearly 5%

Greggs, the high street bakery retailer, said it planned to “deliver good growth for the year” – as it announced third-quarter like-for-like sales (LFLs) of 4.9%.

SSP enjoys LFL sales increase

Travel food giant SSP Group has seen like-for-like sales up 3.2% thanks to passenger growth in the air sector.

Sainsbury’s Q1 LFLs down

Sainsbury’s has seen like-for-like (LFL) sales down 2.1% for its first quarter, fighting what it calls “a highly competitive pricing backdrop.”

West Cornwall Pasty Co has revamped its estate and offer
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West Cornwall Pasty Co sees 6% LFL growth

The new owners of West Cornwall Pasty Co have seen like-for-like (LFL) sales growth of 6% in the year since they took over, it has been revealed.

Bakkavör reports 4% growth in LFL revenues

Bakkavör, a leading fresh food, pizzas and desserts producer, has seen full-year like-for-like revenues up 4% to £1.72bn for 2014.

Greencore sees Q1 LFL sales boost

Greencore group, one of the UK’s biggest sandwich producers, has delivered a 4.4% total like-for-like (LFL) sales bump in its first quarter.

SSP operates brands such as Millie's Cookies
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SSP food travel giant sees LFLs up

SSP, the leading food operator in travel locations worldwide, has seen like-for-like (LFL) sales grow 2.7% in its first quarter.

Costa Coffee growth continued in H1
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Costa underlying profit up 20.5%

Costa Coffee, the Whitbread-owned chain, saw its first-half underlying profit increase by 20.5% to £52.4m, it revealed today.

Costa Coffee:
The brand has seen an impressive sales growth in the past year
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Costa Coffee sales boom

Costa has seen like-for-like sales (LFLS) increase by 7.3% in the 11 weeks to 14 August.

BRC reports third fall in a row for food sales

Food sales are down for the third month in a row, in both like-for-like (LFL) and total terms, according to the British Retail Consortium (BRC).

Greggs interim results:
The baker reports strong trading results
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Greggs sees turnaround for LFLs

High street bakery chain Greggs has reported a 3.2% increase in first-half like-for-like sales (LFLs), an improvement on its half-year 2013 LFL decline.

"Unsurprisingly disappointing" results says analyst
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Greggs 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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