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Finance

Costa sales up 15.7%

Costa Coffee owner Whitbread has reported that UK retail sales at Costa were up 15.7% in the year ending 3 March.

Dumfriesshire bakery sells to garage firm

Dumfriesshire-based Gretna Bakery has been sold for an undisclosed sum to garage business Hills of Lakeland.

Waitrose exports biscuits to China

The supermarket has started to sell its Waitrose Duchy Organic biscuits to China, as part of a new deal to export to the country for the first time.

New export guidance from FDF and FDEA

The new guidance for food and drink manufacturers from the Food and Drink Federation (FDF) and the Food and Drink Exporters Association (FDEA) is designed to help exporters compete in the global marketplace. 

Pret sales up thanks to breakfast

High street coffee chain Pret A Manger’s financial results for the 52 weeks to 31 December 2015 showed group sales were up 13.9% year on year (YOY) to £676.2m (+7.5% like-for-like). Ebitda was up 14.5% to £84.3m. 

ABF profits up despite “challenges” in bakery

Kingsmill owner Associated British Foods (ABF) has seen grocery profits rise, despite a fall in sales and “challenges” within the UK bakery market.

William Jackson Food Group acquires health food brand

William Jackson Food Group has acquired healthy snacking and bread brand The Food Doctor for an undisclosed sum.

Coffee sales to hit over £3bn in 2016

Coffee shop's sales are expected to hit £3.14bn this year, according to new research by Mintel.

Online grocery boom worth £8.6bn last year

One in four consumers now shops for groceries online, according to a new survey by Mintel.

Premier Foods criticised by leading shareholder

Premier Foods has come under fire from a leading shareholder after McCormick walked away from negotiations to buy the Mr Kipling producer.

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