Finance

Finsbury Food Group
Finsbury Food Group posts positive sales figures for 2014
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Finsbury’s sales boosted by Fletchers buy

Bakery manufacturer Finsbury Food Group has reported that total sales revenue grew to £107.6m in 2014. 

December footfall down on 2013

Average footfall in the UK for December fell by 0.7% compared to last year’s festive season.

Sugar
ABF posts revenue up in latest quarter
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ABF sees revenue rise 3% in latest quarter

Associated British Foods (ABF), the parent company of Kingsmill, has ended the 16 weeks to 3 January 2015 with revenue 3% ahead of the same period last year. 

Biscuit firm strikes $90m Bahrain deal

Mondelez International, owner of Cadbury, has signed a deal to set up a new $90m (£59.15m) biscuit factory in Bahrain.

Ocado sees Christmas sales soar
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Successful Christmas for Ocado

Ocado has seen a bumper Christmas, processing nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year.

Sainbury’s tops table in tight big-four race

Christmas sales have closed the gap between the big four retailers, with a difference in sales growth of just 0.9% between them all.

Carr’s reports growth in flour, but lower revenue

Carr’s Milling Industries has outperformed its previous performance in food, with flour volumes up on last year.

Dunkin’ Donuts reveals broad expansion plan for China

Dunkin’ Donuts has announced plans to open 1,400 new stores in China over the next 20 years.

Dalton Philips will continue in his role until the year-end results to ensure a smooth transition
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Morrisons boss to leave, following Christmas sales slump

Dalton Philips, the man at the helm of Morrisons, is to leave the company after the board announced that “it [was] time to start the search for a new chief executive”.

Food-to-go bumps up Greggs’ Christmas sales

High street bakery giant Greggs has said it had a “very strong Christmas”, with own shop like-for-like sales (LFLs) up 4.5% for the financial year.

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