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Finance

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 naan
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.

SSP food travel giant sees LFLs up

SSP, the leading food operator in travel locations worldwide, has seen like-for-like (LFL) sales grow 2.7% in its first quarter.

Bristol firm enjoys successful sales

Bristol-based café business, Boston Tea Party, has seen a 11.5% increase in like-for-like (LFL) sales for the year ending 22 October 2014.

M&S sees positive festive performance for food

Marks & Spencer hailed a “very good” Christmas in food, claiming a record sales increase of 17% in the key Christmas week.

Tesco sees Christmas success, despite announcement to shut 43 stores

Tesco has made its first trading update of 2015, revealing plans to shut 43 “unprofitable” stores, most of which are likely to be convenience outlets.