Finance

Greggs sales up thanks to sandwiches

Greggs, the high street bakery, has reported like-for-like (LFL) sales were up 3.7% for the first 18 weeks of the year, which it credited to hot sandwiches and breakfasts.

Food to go boosts sales at Morrisons

Morrisons has reported a second quarter of rising like-for-like (LFL) sales, as it continues to cut costs and prices, although total sales fell due to store closures.

West Cornwall Pasty Co sales up 20%

Pasty operator West Cornwall Pasty Co (WCPC) has reported like-for-like (LFL) sales are up 20% for the year ending 31 March.

Big four supermarkets see sales slide

The grocery market continues to struggle, with the big four supermarkets all suffering a drop in sales for the 12 weeks to 24 April, and Asda faring the worst according to Kantar Worldpanel. 

Sainsbury’s underlying profits down 14%

Sainsbury's has announced a fall of 14% in underlying yearly profits in its trading update, but saw a turnaround in pre-tax profits, which were up by £620m.

Whitbread acquires Pure stake for £6.8m

Costa Coffee owner Whitbread has announced that it has acquired 49% of London-based food-to-go chain Healthy Retail Ltd, which trades as Pure, for £6.8m.

Asda to change "misleading" promos

Supermarket giant Asda has agreed to make changes to “misleading” promotional practices as part of a wider crackdown by The Competition and Markets Authority (CMA).

Village Bakery wins south Wales Tesco contract

Wrexham-based Village Bakery has struck a deal to supply 27 Tesco stores in south Wales, adding to the 16 it already sells to in north Wales.

Major shareholder accuses Premier Foods of ‘arrogance’

A major shareholder has accused Premier Foods of “arrogance” in its handling of US suitor McCormick.

Costa sales up 15.7%

Costa Coffee owner Whitbread has reported that UK retail sales at Costa were up 15.7% in the year ending 3 March.

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