Finance

ABF profits up despite “challenges” in bakery

Kingsmill owner Associated British Foods (ABF) has seen grocery profits rise, despite a fall in sales and “challenges” within the UK bakery market.

William Jackson Food Group acquires health food brand

William Jackson Food Group has acquired healthy snacking and bread brand The Food Doctor for an undisclosed sum.

Coffee sales to hit over £3bn in 2016

Coffee shop's sales are expected to hit £3.14bn this year, according to new research by Mintel.

Online grocery boom worth £8.6bn last year

One in four consumers now shops for groceries online, according to a new survey by Mintel.

Premier Foods criticised by leading shareholder

Premier Foods has come under fire from a leading shareholder after McCormick walked away from negotiations to buy the Mr Kipling producer.

McCormick drops bid for Premier Foods

US spice brand McCormick has walked away from talks to buy Mr Kipling-maker Premier Foods after examining its books.

Tesco records first quarterly sales growth in three years

Supermarket giant Tesco reported a £162m pre-tax profit for the year to 27 February, its first quarterly sales growth since 2013.

Caffè Nero scraps free staff lunches following NLW

High street coffee chain Caffè Nero has stopped giving its staff free lunches, in response to the National Living Wage (NLW), which came into effect on 1 April.

Christopher Rogers, outgoing MD of Costa Coffee
  (Photo:  )

Costa MD resigns

High street café Costa Coffee has announced that managing director Christopher Rogers is to step down.

Tesco rumoured to be selling off Euphorium and Harris + Hoole

Tesco is reportedly on the verge of selling its offshoots Euphorium Bakery and the coffee shop chain Harris + Hoole.

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