Warburtons slices prices to maintain market share
Despite rising wheat and energy prices, Warburtons says it was forced to keep a check on bread prices and increase promotions during 2010 to “maintain its market share”.
Archives for June 29, 2011
‘Shocking’ trading statement reignites Premier’s demons, say City analysts
Analysts at Shore Capital have described Premier Foods half yearly trading statement released today as “shocking, even by Premier’s standards”, as the company revealed a significant slump in profits for the first half of 2011.
Skoda car cake company driven into administration
The Cake Bake Company has entered administration after the Kent-based firm encountered severe financial difficulties, FoodManufacture.co.uk has learnt.
Self-regulation to blame for food firms targeting children, report
Tough new regulations are needed to tackle the promotion of junk food to children by large food firms, according to the author of a prominent new report on responsible standards for food marketing.