Keyword » growth

Warrens Bakery steps up UK growth with second Hampshire opening

Warrens Bakery will open its second store in Hampshire at The Marlands shopping centre in Southampton as part of its plans for UK growth.

Tesco continues growth curve amid competitive environment

Supermarket giant Tesco 'is regaining competitiveness' in its core UK business as it records a seventh consecutive quarter of growth.

Biscuiteers aims for growth via crowdfunding

Handmade biscuits company Biscuiteers is launching a crowdfunding campaign with Crowdcube in a bid to achieve accelerated growth.

Sainsbury’s sees slight second-quarter drop

Sainsbury’s has seen total retail sales (excluding fuel) fall 0.4% in its second quarter results to 24 September 2016.

Bread Factory scoops second FDF award

London-based bakery The Bread Factory has won the Regional Growth Business of the Year category for the second year in a row at the Food and Drink Federation (FDF) Awards.

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.

Costa Express hits the 6,000 mark

Costa Express has installed its 6,000th self-serve coffee bar globally in Tesco High Wycombe and says it is on track to have more than 8,000 machines by 2020.

Manchester bakery Sheldon’s remains upbeat

Manchester wholesale bakery GH Sheldon’s saw a sharp drop in profits in the year to the end of February, according to its recently filed annual accounts.

Abbey make two appointments to senior team

Bulk food transport service provider Abbey Logistics Group has announced two new members to bolster its team.

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.

Real Good Food in upbeat mood

Real Good Food executive chairman Pieter Totté has issued a bullish statement on group trading in advance of the company’s annual general meeting today.

Gail’s expands in Herts and London

Gail’s Artisan Bakery, the Luke Johnson-backed group, is to open sites in St Albans, Hertfordshire and One Tower Bridge, London.

Genius Gluten Free appoints new CEO

Gluten-free bakery brand Genius has announced Jeremy Bradley as the company’s new CEO. He will succeed Roz Cuschieri from the 16 October.

Consumer spending soars to 13-month high in August

The latest Barclaycard consumer spending data has reached a 13-month high of 4.2%, a counteraction from muted growth of 2.6% in July.

Bread Factory and Gail’s bakery sales climb

The Bread Factory and Gail’s artisan bakery annual revenues are up by 41.5%, suggesting that UK consumers’ hunger for artisan bread shows no signs of dying out.

Burton’s reveals growth plan following licence sale to Mondelēz

Burton’s Biscuit Company has unveiled its plans for expansion following the sale of its Cadbury biscuit licence to Mondelēz International.

AHDB results reveal rise of on-the-go breakfasts

On-the-go options are driving growth in breakfast consumption, according to the Agriculture & Horticulture Development Board’s (AHDB's) latest consumer insight article.

Lidl unveils bakery at new store

Discounter Lidl has revealed a new state-of-the-art bakery at a new store in Penicuik, Scotland.

Consumer spending slowed in July

The latest Barclaycard consumer confidence research has shown caution among consumers, as spending rose 2.6% in July, with growth levels down on those seen in May and June. 

Genius scoops Fast Track 100 award

Bakery brand Genius Gluten Free has scooped the Ones to Watch award at the 19th annual Sunday Times Virgin Fast Track 100 awards.

Finsbury Food Group reports near 25% sales jump

Leading UK speciality bakery manufacturer Finsbury Food Group has reported a rise in sales revenue of 24.8% to £319.7m for the full financial year ended 2 July.

McColl’s to buy 298 Co-op stores

Convenience store and newsagent operator McColl’s has agreed to buy 298 stores from The Co-operative Group, in a deal worth £117m.

Higgidy in red but revenues up

Sussex premium pie maker Higgidy has recorded a double-digit sales growth for the year, but its recent expansion has pushed it into the red. 

Ministry of Cake wins business award

Taunton-based Ministry of Cake, the manufacturer of frozen desserts, has been named as the winner of PwC’s West of England Business of the Year.

Funding helps traybakes firm plan growth

A bakery in Cumbria has doubled the size of its workforce and has its sights set on national growth, thanks partly to investment from a Regional Growth Fund supplied by the Cumbria Local Enterprise Partnership (LEP).

Christmas Stars deadline extended

In exciting news for bakers looking to cash in on seasonal sales growth, there’s still time to enter our Christmas Stars competition! Entries now close on 8 July. 

Sainsbury’s reports ‘solid’ start to year

Sainsbury’s has reported a slight 0.8% drop in Q1 like-for-like retail sales (excluding fuel).

Foodservice growth rate to slow by end of year

The UK foodservice market is continuing to grow, according to foodservice consultancy Horizon, although the rate of growth is expected to slow.

SSP reports profit leap

SSP, the travel location foodservice brand operator, has reported a 41.5% surge in underlying profit before tax from £16.4m to £23.2m for the six months to 31 March 2016.

Greencore reports H1 sales growth

Greencore Group, the international convenience food producer, has reported an 8.5% growth in operating profit to £43.5m during its H1 period.

Premier Foods reports £86.1m profits

Premier Foods, the manufacturer of Mr Kipling and Cadbury cakes, has reported a 3.5% rise in pre-tax profits to £86.1m for the year to the start of April.

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.

Genius wants to lead gluten-free market

Gluten-free brand Genius has spelled out its ambitions to become the global leader in free-from bakery, outlining an international expansion programme.

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.

Just Desserts expands bakery

West Yorkshire-based bakery and patissier Just Desserts is to increase the footprint of the business by 50%, following a 30% sales growth in the last year. 

Christopher Rogers, outgoing MD of Costa Coffee
  (Photo:  )

Costa MD resigns

High street café Costa Coffee has announced that managing director Christopher Rogers is to step down.

Independent cafés see sales rise, but challenges remain

Brits just cannot get enough caffeine, according to new figures which show 74% of independent café owners increased like-for-like turnover in 2015.

ABF acquires majority Illovo stake for £262m

Kingsmill owner Associated British Foods (ABF) is to spend £262m to buy up the remaining stake in Illovo Sugar.

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.

United Biscuits targets convenience stores in biscuit growth initiative

United Biscuits (UB) is aiming to grow biscuit sales by £88m over the next five years, by helping convenience stores optimise their range offer.

Callebaut issues ‘solid’ half-year results

Chocolate and cocoa manufacturer The Barry Callebaut Group is buoyant, despite the impact of a strong Swiss franc and a weak cocoa products market, leading to a slump in net profits.

Mark Muncey’s blog: Taking Cornwall to Shanghai

In the last of three instalments from Proper Cornish’s marketing director, he travels to Shanghai on a bakery mission – to meet distributors, buyers and agencies.

Foodservice sales growth slowing

The growth in the UK food sector will not match that of 2015, according to data analysis company Horizons’ managing director Peter Backman. 

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.

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.

“Significant growth” for Bokomo Foods

Cereal maker Bokomo Foods is now the main supplier to all major supermarkets’ own-brand cereal products.

Morrisons details strategy for growth

Morrisons has listed six key priorities, as part of its ongoing strategy to improve profitability.

Morrisons reports sales drop

Morrisons reported a 2% drop in like-for-likes sales for its financial year (excluding VAT and fuel), although positive Q4 figures showed signs of recovery.

Innovation is the key to success, says new report

A new bakery and pastry report from Catalyst Corporate Finance has found that the fastest-growing brands specialise in healthier baked goods using high-quality ingredients.

Food sales return to growth despite supermarket price war

The grocery sector reported a 0.5% rise in sales in the four weeks to 28 February, after months of little or no growth, according to Kantar Worldpanel.

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