latest – Page 165
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NewsMcCain’s GB profits up after its focus on higher margin products
McCain Foods boosts UK pre-tax profits 16.5% despite competitive pressures and a dip in sales.
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NewsEast of England Co-op pledges to spend £21m on store revamps
Society spent £15m refurbishing 46 food stores in 2015
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NewsLyons Seafood boosted by improved availability
Lyons said gross profits “returned to more normal levels” in the year to 27 June 2015
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NewsQ&A with Young's Seafood CEO Pete Ward
Young’s Seafood CEO Pete Ward on price wars; going on the acquisition trail and what the business is doing to replace lost contracts.
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NewsScotmid Co-op sees profit rise as business outperforms market
Turnover and gross profits fell due to shorter trading period
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NewsBreakfast cereal prices fall as retailers chase volume
Major mults have been lowering the price of cereals in a bid to stay ahead in the supermarket price war
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NewsYoung's Seafood casts its net for acquisitions
The UK group is in talks with more than one competitor as it looks to consolidate the market.
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NewsWing Yip pre-tax profits soar by more than a quarter
Wholesaler will begin building work to double the size of its Croydon depot in July
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NewsPret A Manager sales soar as veggie demand increases
Food-on-the-go chain Pret A Manger has hiked sales by 14% to £676.2m in 2015
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NewsDanone confirms full-year target as like-for-like sales grow in Q1
Danone sales fell 3% in the first quarter to €5.31bn as it faced into severe currency headwinds of -7.2% but like-for-like figures grow 3.5%.
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NewsTesco turnaround fails to impress the City
On the face of it there was plenty to celebrate in the Tesco annual results this week
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NewsFletchers Bakeries back in the black under Finsbury
The morning goods & specialist bread supplier reported a pre-tax trading profit of £5m in the 15 months to 27 June 2015
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NewsNisa says Q4 sales are milestone in recovery
Nisa Retail delivered a 4.9% sales increase in the fourth quarter
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NewsElla's Kitchen hits 10 successive years of double-digit growth
Revenues increased 10% to £51.2m in the year to 30 June 2015, with sales in the UK up 12% to £40.5m
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NewsWilliam Jackson Food Group buys health brand The Food Doctor
Aunt Bessie’s owner William Jackson Food Group has moved into healthy snacking with the purchase of The Food Doctor for an undisclosed sum.
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NewsPoundland shares struggle as sales slowdown
Poundland shares have been hit today as the fixed-price retailer revealed poor trading in the final quarter of the year with the business struggling to integrate the 250 stores acquired from 99p Stores.
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NewsCity Snapshot: Unilever’s first quarter revenues fall
Including city news on Nestle, Poundland, PZ Cussons and Stock Spirits, plus Tesco reaction
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NewsWH Smith reports high street recovery
WH Smith has announced its best performance on the high street for “many years” as pre-tax profits in the first half to 29 February 2016 jumped 11% to £80m
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NewsTesco returns to the black: what the analysts say
Our round-up of how the City has reacted to today’s Tesco results
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NewsSpar International reports profit hike as Europe recovers
Spar UK increased store numbers to over 2,600, with turnover up 2% to £2.6bn