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Retail

Financial Conduct Authority to investigate Tesco

Troubled supermarket giant Tesco is to be investigated by the Financial Conduct Authority (FCA) for overstating profits by £250m.

Sainsbury’s bullish despite drop in LFL sales

Sainsbury’s has seen a fall in like-for-like (LFL) sales, due to a “dynamic and fiercely competitive market”, according to the supermarket.

World Scotch Pie Championships 2014 open

The entries for the 16th World Scotch Pie Championships have opened, with butchers and bakers getting ready to battle it out for the top spot.

Aldi profits boom

Aldi has announced a soar in profits after competitive prices attracted customers to the discounted supermarket.

Craft Baker’s Week begins!

A whole week dedicated to celebrating craft bakeries has kicked off today.

Pierre Hermé to open London boutique bakery

Pierre Hermé, French pastry chef, is to open a stand-alone boutique in London, located in the Seven Dials area.

Patisserie Valerie accelerates expansion plans

Patisserie Valerie has said it is currently opening “a store every two to three weeks”, this comes after its stock market floatation plans prove successful. 

Cuisine de France to roll out 120 refreshed in-store bakeries

Cuisine de France, part of food business Aryzta, has said it aims to roll out 120 new-look in-store bakeries over the next year. 

Grocery inflation low
Supermarket war continues as market reaches low

Competition within supermarkets has driven down grocery inflation to zero. 

United Biscuits to cut jobs at Manchester site

United Biscuits (UB) has confirmed it could cut up to 157 jobs at its McVitie’s plant in Manchester. 

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