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Finsbury Food Plans to Close Grain D'or Bakery Business
Aug 28, 2017UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
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Footfall Holding up Following Brexit Vote, Says
Oct 8, 2016UK retail footfall figures for August show that two months on from the Brexit referendum, the unexpected result has had little material impact on how people are going about their day-to-day lives, reports Ipsos Retail Performance. Often ...
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Steinhoff Reports Steady Uk Retail Growth
Sep 13, 2016Steinhoff International has published its unaudited results for 12 months ended 30th June 2016. As indicated previously, the group reports unaudited revenue growth of 33% to €13.1b, while operating profit improved by 32% to ...
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Sales Slow in August, Yet Furniture Remains Positive
Sep 13, 2016Sales slowed in August as the Olympics and outdoor activities diverted shoppers’ attention, reports BRC-KPMG in its latest Retail Sales Monitor. On a total basis, sales declined 0.3%, against a 0.1% increase in August 2015. This is ...
Tags: BRC-KPMG
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Global Supply Chain Risk Climbs to Record Highs
Sep 6, 2016Global supply chain risk Q2 2016. Global supply chain risk climbed in the second quarter of 2016, reaching the highest levels since records began in 1995, according to the CIPS Risk Index, powered by Dun & Bradstreet. The Index, ...
Tags: Global supply chain risk
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Macfarlane Group's Interim Results for Six Months to 30 June 2016
Aug 31, 2016Macfarlane Group has annouced its interim results for the six months to 30 June 2016. Graeme Bissett, Chairman of Macfarlane Group PLC, today said: “Macfarlane Group’s performance in the six months to 30 June 2016 is ...
Tags: Macfarlane Group, results
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Online Sales Fare Well in July
Aug 15, 2016Online sales of non-food products in the UK continued to outperform the market in July, growing 11.2% YOY. This is lower than the above-trend growth of 14.7% seen in July 2015, but up from the previous month (9%) and in line with the ...
Tags: online sales
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DFS Confident of Continued Growth
Aug 15, 2016DFS has reported a continued strong performance in its H2, with revenue up 7% YOY, and also up 7% for the whole financial year. In light of this, the retailer expects to deliver a record performance this year, with results towards the upper ...
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ScS Reports Sustained Momentum
Aug 15, 2016ScS has seen momentum continue since its 9th June trading update, with total LFL sales order intake having increased by 14.8% for the 53 weeks ended 30th July. As a result, the group expects to report profits in line with current market ...
Tags: ScS, EU referendum campaign
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UK Food and Beverage Sector Remains Unaffected by EU Referendum
Aug 3, 2016According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
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IMF Cuts 2016 Global Growth Forecast to 3.1%
Jul 20, 2016The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
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IHS Says Brexit Could Cost Automakers 2.8 Million Vehicle Sales Through 2018
Jul 5, 2016IHS Automotive forecasts that the UK's vote to leave the European Union could cost automakers about 2.8 million light-vehicle sales through 2018. The research firm expects global deliveries to rise to 89.82 million this year, or about ...
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Brexit: What Next for EU and Britain
Jun 30, 2016The decision of the British people to leave the EU has shocked many people. Even those fearing that the referendum may result in the undoing of the work of many previous years for a stronger union of the European nations, had a sense of ...
Tags: leaving EU, referendum
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EU Referendum Live: How to Follow The Brexit Result Online
Jun 27, 2016Britain heads to the polls today to decide whether the country should leave or remain in the European Union. And we've got all the information you need to keep up with developments online. Voting is underway in the EU referendum as the ...
Tags: European Union, Voting
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May Sees Highest High Street Footfall Since 2013
Jun 20, 2016Retail footfall in May was up 0.3% YOY, according to the latest BRC-Springboard Footfall and Vancancies Monitor. This was better than the 2.4% decline seen in April, and significantly above the three month average of -1.7%. High street ...
Tags: footfall, high street