Fox’s plants to stay
Fears that Northern Foods planned to close its three Fox’s Biscuits factories in favour of a single ’super factory’ have been allayed by the company’s new owner Ranjit Boparan of the 2 Sisters Food Group. A £26.5m investment over the last 18 months means the plants will stay open.
Greencore has revamped its Foo.go food-to-go brand with new packaging, improved recipes and several new seasonal lines, including an Italian chicken sandwich and a Thai prawn wrap.
Starbucks flies ahead
Starbucks is to enter Finland for the first time next year, with two stores operated by food and travel retail specialist SSP at Helsinki airport. Last month, Starbucks and SSP announced plans to open a store in Gardermoen Airport in Oslo, Norway, in early 2012. SSP entered into a partnership with Starbucks in June 2008 and has since opened 29 stores in several European countries.
Kingsmill margin hit
Promotional discounting has result in some margin erosion in Associated British Food’s Kingsmill business, according to its interim management statement for the 16 weeks to 25 June 2011.