May 22, 2019 | News, Retailing
M&S’ full year results for the 52 weeks ending 30th March 2019 have been released, and its top line summary reports as “good progress in restoring the basics.” The results indicate its food business is showing good signs of progress in arresting the decline...
May 21, 2019 | Confectionery, News, Retailing
2 Sisters Food Group has announced a series of actions as part of a transformational strategy to turnaround the business including further investments in its Fox’s Biscuits business. The company is making further investments in its UK poultry and Fox’s Biscuits...
May 20, 2019 | News, Ready Meals, Retailing
Space farms, food on prescription and jellyfish suppers are all predictions which feature in the Future of Food Report, released by Sainsbury’s. Commissioned by Sainsbury’s, futurologists Department 22, food historian Dr Polly Russell and plant scientist James Wong...
May 17, 2019 | News, Retailing
Leicester-based Cofresh Snack Foods has announced the acquisition of an additional food production and warehousing facility to cater for significant growth and expansion. An investment of approximately £20m over the next 18 months will enable Cofresh to split its...
May 17, 2019 | Confectionery, News, Retailing
Mr Kipling owner Premier Foods posted its preliminary results ending 30th March 2019, which revealed a £42.7m statutory loss and a net debt of £469.9 million. Results show a trading profit growth of 4.5% to £128.5m, and profit before tax up 12.1% to £88 million. It...
May 16, 2019 | News, Retailing
Following the blocked merger with Sainsbury’s, Walmart is considering listing Asda on the stock market at some point in the future. Asda is owned by Walmart and its chief executive, Judith McKenna, is said to have told personnel that such listing is being...
