Finance

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.

Ancient grain markets to grow by over 20%

The global seed market is predicted to be worth £4.43bn by 2020, and ancient grain markets are set to experience a 20% growth, according to global market research and consulting firm Mordor Intelligence.

Robinson’s opens fourth shop

Wolverhampton bakery chain Robinson’s has opened its fourth store, in Chapel Ash. Owned by Valencia Fine Foods, it is operating out of former Firkins Bakery sites.

United Biscuits part of new firm

United Biscuits (UB) owner Yildiz Holdings has combined its global biscuits and confectionery businesses to form a new company worth £3.57bn ($5.2bn).

Sainsbury’s reports ‘solid’ start to year

Sainsbury’s has reported a slight 0.8% drop in Q1 like-for-like retail sales (excluding fuel).

Tesco to sell Giraffe

Tesco is expected to announce the sale of its Giraffe restaurant chain, which has reignited speculation that the Euphorium bakery chain and coffee shop chain Harris + Hoole will be next.

Tiptree sales up 10.6%

Essex-based jam and marmalade maker Tiptree has increased sales by 10.6% to exceed £40m for the first time, but profits were affected by abandoned factory expansion plans.

Oliver Adams saved from collapse

Oliver Adams, the Northamptonshire bakery chain which recently closed 11 sites, has entered into a Company Voluntary Agreement (CVA) – in a bid to save the company.

Cookie Crumbles to export to Middle East

London-based baking mix producer Cookie Crumbles has announced it will sell products across the Middle East. 

My Account

Promotional Features 

Most read

Social