New stores drive up Greggs’ sales by 6%
The UK’s largest bakery chain Greggs reported sales up 5.8% to £701M and profits up 1.1% to £53.1M last year after it opened 84 new shops.
Archives for March 14, 2012
Food manufacturers welcome £15M R&D plan
The Food and Drink Federation (FDF) has welcomed the government’s plan to invest £15M in research and development dedicated to boosting food sector growth.
Premier Foods bank deal in “last chance saloon”
Troubled giant Premier Foods is still in “the last chance saloon” after it agreed a four-and-half-year re-financing package with its lenders this week (March 12), according to Martin Deboo, financial specialist with Investec Securities.
Harvard red meat cancer study under fire
Meat industry experts and health campaigners have both questioned the results of a Harvard Medical School study which claimed to show that eating a diet high in red meat shortened life expectancy.