Finance

M&S records 1.5% LFL food increase for Christmas

Marks & Spencer (M&S) has seen a 1.5% increase in like-for-like (LFL) food sales during the Christmas period, according to its latest results.

Greggs sees 2.6% LFL increase in Q4

Greggs has seen an increase of 2.6% in Q4 like-for-like (LFL) sales following “strong demand” during the Christmas period, according to its latest trading results.

Co-op sees positive food sales over Christmas

The Co-operative Group has seen a like-for-like (LFL) sales increase of 1% during the Christmas period following strong food sales.

UK coffee shops to exceed 20,500 by 2018

The UK coffee shop market will exceed 20,500 outlets by 2018, according to latest reports.

Hain Celestial to sell Daily Bread

USA-based The Hain Celestial Group has signed a letter of intent to transfer its sandwich business Daily Bread to a strategic buyer.

July food sales show upward momentum

Food store sales value increased by 2.9% in July, compared to the same month last year, according to the latest statistics from the Office for National Statistics (ONS).

USDA posts downward revision for maize

US maize production estimates have been revised downwards in the latest United States Department of Agriculture (USDA) Grains: World Markets and Trade report.

CSM sees Q2 improvement

CSM Global has achieved higher sales in the second quarter of 2012, with preparatory work to divest its Bakery Supplies business under way.

Home-based baker’s deal with Tesco

Home-based business The Chocolate Brownie Company has struck a deal to supply 50 Tesco stores in Wales, on an introductory price promotion.

United Biscuits separates snack business

United Biscuits (UB) has finally announced it has separated its snacks business, after steadily denying the related rumours over recent weeks and months.

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