Archives for October 23, 2014

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Premier Foods’s branded sales dip in third quarter

By Rod Addy

Premier Foods saw branded value sales fall in its third financial quarter (Q3) as the maker of Mr Kipling cakes and Ambrosia desserts was stung by supermarkets losing share to discounters.

Top seven food and drink trends for 2014: Waitrose

By Michael Stones

The influence of technology and social media on the nation’s diet is the top of seven key food and drink trends, identified by posh retailer Waitrose this year, based on millions of purchases in shops and online.

Tesco in crisis

Tesco chairman to quit as pre-tax profit falls 90%

By Michael Stones

Tesco chairman Sir Richard Broadbent is to quit the business, as the troubled retailer admitted overstating first half profits by £263M and posted pre-tax profits more than 90% down.

Foodmanjobs redesign makes job hunting easy

By Rod Addy

It’s now even easier for readers to find their ideal food manufacturing jobs and for manufacturers to find their ideal candidates, following the redesign of Foodmanjobs.

Big four should hit discounters with c-stores

By Laurence Gibbons

The big four retailers should launch more convenience stores on the doorstep of their rival discounters to fight the competition, according to a leading professor from Aston Business School.

Tesco results provoke sharp reaction from analysts

By Laurence Gibbons and Michael Stones

Tesco’s bleak third-quarter results – posting a 92% fall in pre-tax profits to £112M and news of the chairman’s decision to quit – have provoked a predictably acerbic reaction from City and retail analysts.

Cranswick’s Benson Park deal praised by analyst

By Rod Addy

Cranswick’s purchase of cooked poultry firm Benson Park has been praised by a leading food industry analyst as a ‘sensible’ move fulfilling aims to break into new areas of protein.