Finance
ABF sees revenue rise 3% in latest quarter
Associated British Foods (ABF), the parent company of Kingsmill, has ended the 16 weeks to 3 January 2015 with revenue 3% ahead of the same period last year.
Biscuit firm strikes $90m Bahrain deal
Mondelez International, owner of Cadbury, has signed a deal to set up a new $90m (£59.15m) biscuit factory in Bahrain.
Successful Christmas for Ocado
Ocado has seen a bumper Christmas, processing nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year.
Sainbury’s tops table in tight big-four race
Christmas sales have closed the gap between the big four retailers, with a difference in sales growth of just 0.9% between them all.
Carr’s reports growth in flour, but lower revenue
Carr’s Milling Industries has outperformed its previous performance in food, with flour volumes up on last year.
Dunkin’ Donuts reveals broad expansion plan for China
Dunkin’ Donuts has announced plans to open 1,400 new stores in China over the next 20 years.
Morrisons boss to leave, following Christmas sales slump
Dalton Philips, the man at the helm of Morrisons, is to leave the company after the board announced that “it [was] time to start the search for a new chief executive”.
Food-to-go bumps up Greggs’ Christmas sales
High street bakery giant Greggs has said it had a “very strong Christmas”, with own shop like-for-like sales (LFLs) up 4.5% for the financial year.
Aryzta enters joint venture on flatbreads
Swiss food group Aryzta plans to drive its flatbreads category Honeytop globally via a joint venture with the group that previously ran the business.
Middleton brother makes another loss with cake business
The cake business of James Middleton, brother of Kate Middleton the Duchess of Cambridge, has made a loss for its third consecutive year.
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