Finance

Recent Aryzta launches have included these Valentine's tartelettes
  (Photo: Aryzta )

Aryzta claims it has taken first steps in turnaround

Aryzta has reported a 0.7% hike in organic revenue in the past six months – and claimed it has made its first step towards a turnaround.

Greggs’ turnover breaks £1bn barrier for first time

Full-year sales at Greggs have broken the £1bn barrier for the first time in 2018, with the business seeing a 7.2% hike in turnover.

Ocado CEO Tim Steiner and Marks & Spencer CEO Steve Rowe
  (Photo: M&S )

Marks & Spencer and Ocado to launch joint venture

Marks & Spencer (M&S) products are to be available through Ocado.com from September 2020 under a new joint venture between the businesses.

Price discussions to impact Allied bread volumes

Bread volumes at Allied Bakeries are to be hit in the coming year following price discussions with customers.

Flour price increases put pressure on Finsbury Foods

Flour is currently the leading commodity cost pressure on Finsbury Food Group, the company has reported.

Sainsbury’s-Asda merger ‘could push up prices’

The proposed merger between Sainsbury’s and Asda suffered a blow today (20 February) as the Competition and Markets Authority (CMA) found that it could push up prices and reduce quality.

Vegan sausage rolls boost sales at Greggs

Vegan sausage rolls have helped to boost an “exceptional sales performance” at Greggs, with total sales up 14.1% for the seven weeks to 16 February.

Baker & Spice acquired by coffee shop chain DOCASA

Four London outlets of former Patisserie Holdings business Baker & Spice have been acquired by coffee chain Department of Coffee and Social Affairs (DOCASA).

Buyers found for Patisserie Valerie and Philpotts

Patisserie Holdings businesses Patisserie Valerie and Philpotts have been sold in separate deals.

Bakery food-to-go sales set to grow £400m by 2022

Price, convenience and health will be key factors in tapping growth in the food to go market, according to analysts.

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