Finance
Waffle retailer reveals plans for expansion
Belgian waffle specialist Wafflemeister plans to double its UK sites in 2015 and reach £5m in revenue by year-end.
Investment curbs Waitrose profits, despite sales rise
Waitrose has posted an increase in gross sales of 6.5% to £6.51bn in its unaudited results for the 53 weeks ending 31 January 2015.
Private equity firm snaps up Adelie Foods
Food-to-go giant Adelie Foods has been acquired by the European arm of global private equity firm, H.I.G Capital.
Foodservice forecast to grow by £10bn in next four years
The UK foodservice sector is set for value growth of £10bn giving it a worth of £56.3bn by 2019, according to consultancy Horizons.
Ocado sees sales up while average order value declines
Online retail giant Ocado has seen sales for the group rise by 19.2% to £271.1m, despite a decline in average order value.
Greggs' results by numbers
High street bakery chain Greggs has posted its 2014 preliminary results including its best own-shop like-for like sales since 2007.
Greggs posts strong 2014 performance
The chief executive of high street bakery giant Greggs has praised “an exceptional step-up in performance” for the brand in 2014 as it revealed total sales were up 5.5% to £804m and own-shop like-for-like sales had risen 4.5%.
Exclusive: Allied Bakeries’ chief executive to leave
The chief executive of Allied Bakeries is to leave the business – just weeks after parent company Associated British Foods (ABF) declared the UK bakery market “intensely competitive”.
Morrisons appoints new chief executive
David Potts, the former boss of Tesco in Ireland and Asia, has been appointed as the new chief executive of Morrisons.
ABF warns of lower profit for Kingsmill, amid competitive market
Associated British Foods (ABF) has said the UK bakery market “remains intensely competitive” and expects Kingsmill owner Allied Bakeries’ profit to be lower than last year as a result.
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