Retail

Waitrose sees trading rocket over Jubilee

Waitrose achieved its highest week of trading, bar Christmas and Easter, over the Jubilee weekend. Sales were up 19.8% on last year, for the week ending 2 June.

Starbucks acquires US-based baker

Starbucks, the global coffee shop chain, has made its first foray into baking – with the acquisition of the US-based Bay Bread and its La Boulange bakery brand for $100m.

Food inflation remains stable

Food inflation stood at 4.3% in May, unchanged from the previous month, according to the British Retail Consortium (BRC).

Dundee cake in PGI claim

A group of Scottish bakers are in the early stages of applying for Protected Geographical Indi-cation (PGI) status for Dundee cake.

Industry celebrates over government's tax U-turn

"This is a great day for bakers, no matter how large or small," Ken McMeikan, chief executive of Greggs told British Baker, following the government's U-turn on pasty tax. The move, which would have seen 20% VAT slapped on all hot bakery products, prompted a nationwide campaign by bakers for the government to rethink its proposals. This included a rally of more than 500 bakers at Downing Street to deliver a petition with more than half a million signa-tures to the government.

New chairman at Federation of Bakers

The Federation of Bakers (FoB) has elected a new chairman – Paul Molyneux of Premier Foods.

Mandatory display of food hygiene rating planned

Bakery retailers could be forced to display their Food Hygiene Rating, as the Food Standards Agency (FSA) sets out its long-term goal for the scheme.

Starbucks rated in UK’s top 10 social media brands

Starbucks has been named the second most prolific brand on social media networks such as Twitter and Facebook.

Costa director shortlisted for Women’s Award

Caroline Harris of Costa Coffee has been shortlisted for the Women’s 1st Shine Awards 2012.

Pret achieves revenue increase

Pret A Manger has posted group revenue of £377.3m for the full year to 29 December 2011, up 15% on 2010.

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