All news articles for February 16, 2011

Thorntons' profits slump 8.5% in first half

Thorntons' profits slump 8.5% in first half

By Elaine Watson

A 30.6% surge in sales of Thorntons-branded products to other retailers helped the chocolatier offset lacklustre sales through its own stores in the first half, but profits slumped 8.5% to £8.3m.

Benoit Testard to take helm at United Biscuits

Benoit Testard to take helm at United Biscuits

By Elaine Watson

United Biscuits has appointed UK md Benoit Testard as its new group chief executive as current boss executive chairman David Fish moves into a non-executive role.

Should Greencore walk away from Northern Foods?

Should Greencore walk away from Northern Foods?

By Elaine Watson

Greencore is still not ruling itself out of the bidding for Northern Foods, but City analysts believe it may be better off walking away now than leveraging itself up to the hilt in order to trump Ranjit Boparan's 73p/share cash offer.