Finance
Brakes Group sold to US firm for £2.2bn
Brakes Group, the food supplier that had purportedly been considering a flotation, has been sold to US company Sysco in a deal worth $3.1bn (£2.2bn).
ABF: earnings per share will miss targets
Associated British Foods (ABF), parent company of bakery brand Kingsmill, has warned that earnings per share will be lower than expected for its half year results, due out in April.
Worst ever quarterly sales fall for Asda
Asda has seen sales fall 5.8% during the three months that include Christmas - its biggest quarterly sales fall on record.
Sainsbury’s leads the way by scrapping multi-buys
Sainsbury’s has become the first of the major supermarkets to commit to phasing out multi-buy deals, after mounting evidence that shoppers find them confusing and misleading.
Tower Bakery agrees deal to supply local Tesco stores
Perth-based Tower Bakery has agreed a deal to supply Tesco with traditional Scottish bakery treats.
Supermarket special offers to be banned?
Major supermarkets are under official investigation after it emerged that questionable special offers encouraged shoppers to spend, not save.
Tate & Lyle on track for forecast profit
Tate & Lyle, the bakery ingredients supplier, said it expected full-year reported adjusted pre-tax profit to be "modestly below" last year’s full-year figures.
Bakkavor delivers strong ebitda growth despite revenue slump
Food manufacturer, Bakkavor, has seen adjusted UK ebitda grow 10% from £112.9m to £124.1m for the 52 weeks to 26 December.
Real Good Food acquires Chantilly for £1.75M
Frozen desserts supplier Chantilly Patisserie will be run as a trading division of Haydens Bakery, a wholly owned subsidiary of Real Good Food (RGF).
Grocery market grows, with further success for discounters
The latest grocery share figures from Kantar Worldpanel showed the British grocery market returning to slow growth, after a disappointing Christmas period.
My Account
Promotional Features
Most read
Social
Want to get a job? Take up baking
Pecan Deluxe launches red velvet cake pieces
Cake that dispenses wine created in Nottingham
|
