Keyword » financial

Greggs: 2018 will be a year of record investment

Greggs is to make £45m of capital expenditure in 2018 as it continues the consolidation of its manufacturing and logistics operations.

Greggs sales up 7.5% as breakfast demand grows

Demand for Greggs’ £2 breakfast offer has helped drive a 7.5% hike in sales across the business.

Sweet Treats buck overall trend at Premier Foods

A sixth consecutive quarter of growth in its Sweet Treats division, at 6.4%, bucked the overall sales trend at Premier Foods, which reported a 5.4% fall in total group sales in its second quarter.

Peyton and Byrne appoints advisors to explore its options

Artisan bakery and café Peyton and Byrne has appointed Deloitte as its advisors to help consider its options for the future of the business.

Grocery Aid hails record £4.3m of welfare spending

Grocery Aid, which is the trading name of the National Grocers' Benevolent Fund (NGBF), spent £4.3m on welfare projects, according to its end of year financial results.

Waitrose to pay small firms within a week

Waitrose supermarket has pledged to pay its smaller suppliers within seven days at the most, in a bid to give them “more financial stability”. 

Whitbread announces new non-executive director

Whitbread, the group that owns Costa Coffee and Premier Inn, has appointed Chris Kennedy as a non-executive director.

Real Good Food's Executive Chairman Pieter Totté
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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.

Financial distress worsens for food suppliers

The number of UK food suppliers experiencing significant financial distress has increased by 54% in the past 12 months as the supermarkets slash prices and delay payments, according to business recovery specialist Begbies Traynor.

Waitrose
Waitrose makes sales gains as the sun shines
  (Photo:  )

Sun helps Waitrose sales soar

Sales at Waitrose leapt 6% to £132.2m in the 22nd week of its current financial year versus the same week in 2014. 

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