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Finance

Morrisons’ trading down but improving, 2015 LFLs up 0.2%

Supermarket chain Morrisons is “working to improve” as company like-for-like sales (LFLs) excluding fuel increased 0.2% in the nine weeks to 3 January.

Greggs trading in line with expectations, 2015 LFLs up 4.7%

Bakery chain Greggs said it expected its full-year results to be “in line” with previous expectations – after announcing company like-for-like sales (LFLs) increased by 4.7% in 2015.

M&S to add fibre to all bread

Marks & Spencer (M&S), the food and clothing chain, has announced it will become the first UK retailer to start adding fibre to its entire range of pre-packed bread and rolls.

Subway launches mobile advertising campaign

The Subway sandwich chain has launched a series of promotional activities as part of a bid to encourage traffic into stores in the first-quarter period.

Bakers report strong Christmas sales

Craft bakers have reported a strong Christmas trading period as it was revealed that sales of cake, pudding and confectionary surged by 8.3% in supermarkets.

Montana Bakery suffers profit drop

Montana Bakery, the artisan wholesale bakery, has reported a slump in operating profit from £1.3m to £1.2m for the 12 months to 28 March 2015.

Border Biscuits to add second production line

Border Biscuits, the Lanarkshire-based biscuit producer, is to build a second production line at its Lanark facility.

Greggs reportedly planning 12 NI stores in 2016

High street bakery Greggs will reportedly open at least 12 stores in Northern Ireland in 2016, and its first stand-alone shop in the country will open in Belfast in March.

West Cornwall Pasty Co suffers pre-tax loss

The UK’s largest pasty operator has announced an underlying profit of £551,000, despite having posted a pre-tax loss of £195,000.

Record seasonal trading days for Waitrose

Waitrose reported record trading days on 23 and 24 December, despite the challenging grocery market.