Associated British Foods is to relaunch its Allied Bakeries bread brand Kingsmill in the New Year in a bid to reverse declining sales. It said profit and volumes at Allied Bakeries fell in the year to 16 September.
Inter Link sales down
Cake manufacturer Inter Link Foods has warned that its sales are in decline. For the half-year to 4 November, turnover and profit continued to reflect the Q1 slowdown in sales, it said in a trading statement.
Three Cooks, which operates 160 bakeries, has fallen into administration. This week 37 loss-making bakeries were shut, costing 250 jobs. The remaining sites will continue to be run under the Three Cooks name by Cooks The Bakery.