Finance

Discounters to benefit most from Brexit, says Kantar

Analysts from Kantar Retail have said traditional British supermarkets will face higher costs after Brexit, while discounters, such as Aldi and Lidl, will reap the benefits. 

Costa considers Brexit impact as coffee prices rise

Costa Coffee owner Whitbread may rein back investment following the Leave win in last week’s referendum, while coffee prices could soon rocket due to severe droughts.

Brexit and what it means for bakers

Britain has voted to leave the EU. On the morning of the historic vote, British Baker spoke to industry representatives about what this might mean for bakers.

Tesco sells Harris + Hoole to Caffè Nero

High street coffee chain Caffè Nero is to acquire the coffee chain Harris + Hoole from Tesco.

Patisserie Valerie expands into Doncaster

Patisserie Valerie (PV) is to open its 119th outlet at the Frenchgate Shopping Centre, Doncaster as it continues a rapid expansion.  

Costa boosts Whitbread performance

Whitbread-owned Costa Coffee has boosted the group’s overall Q1 performance for the 13 weeks to 2 June 2016, with total sales at the high street coffee chain up 11.5% to £414.3m and retail like-for-like (LFL) sales increasing by 2.6%.

Stag completes £5k programme

Stornoway-based Stag Bakeries has announced the completion of a £525k investment programme.

Central Bean expands

Coffee shop chain Central Bean is set to expand beyond its north east stronghold.

Ocado shares plummet as Amazon Fresh launches

Ocado shares are at a three-year low following the UK launch of Amazon Fresh, which is making it more susceptible to a takeover, according to City experts.

  (Photo: Sean Clarke )

Top change at Asda

Walmart has confirmed Andy Clarke will step down from his post as chief executive and president of Asda in July.

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