Finance
Review of the Year 2019: January to March
With 2020 fast approaching, we cast our eye over some of the bakery stories that have hit the headlines over the past 12 months.
Warrens closes 22 loss-making shops in restructure
Warrens Bakery has shut 22 company-managed shops in a restructure it has blamed on uncertainty over Brexit.
Real Good Food reduces half-year losses to £2.5m
Renshaw and Brighter Foods owner Real Good Food (RGF) has reduced its losses despite a ‘difficult period’ for its cake decorations business.
Northumbrian Fine Foods owner set for acquisition
US-based investment firm Platinum Equity is seeking to buy private-label biscuits supplier Biscuit International, owner of Northumbrian Fine Foods.
Greencore Group profits up following business reset
Earnings and operating profit at food-to-go business Greencore have risen following a major restructure of the business last year.
Cake Box: second half-year off to encouraging start
Egg-free cake supplier Cake Box has opened five new shops in the past two months, including its first in Wales.
Aryzta organic revenue falls 0.9% in European business
Baked goods supplier Aryzta has reported €413.7m in revenue in its first quarter from its European operations.
Warrens factory and shops under threat in restructure
Warrens Bakery is set to shut one of its factories and several loss-making shops.
Profits up 12% year-on-year at travel site operator SSP
Travel retail business SSP, which operates brands including Starbucks and Upper Crust, has reported £221.m in operating profit.
Tregroes doubles waffle capacity after investment
Welsh business Tregroes Waffles is to expand its product range and increase capacity following a six-figure investment.
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