Analysts have questioned chief executive Robert Schofieldâs continued presence at Premier Foods, as the company reported a 3.1% decline in first quarter sales today.
Premier Foods is in 'constructive dialogue' with Marks & Spencer over pricing and ranging at its own-label businesses RF Brookes and Avana Bakeries, which saw profits collapse from ÂŁ15m to zero in 2010.
With Greencoreâs proposed engagement to Northern Foods now looking decidedly rocky, it might make sense for bosses to turn their attention to Premier Foodsâ own-label bakery and prepared foods businesses, Avana Bakeries and RF Brookes, according to City...
Premier Foods has sold its canned grocery operations to Princes for ÂŁ182m, including such iconic brands as Crosse & Blackwell, Fray Bentos and Smedleyâs.
Premier Foods could net anything between ÂŁ120m and ÂŁ180m+ from the sale of its East Anglian canning sites at Wisbech and Long Sutton, according to City analysts.
More than three-quarters of recruitment suppliers that signed up to Premier Foodsâ preferred supplier scheme last year have âalready confirmed their interest in taking part again in 2011â, the company has claimed.
Premier Foods is in talks with Princes over the sale of its canning sites at Wisbech and Long Sutton in a bid to reduce its debt pile, FoodManufacture.co.uk understands.
An email from Premier Foods inviting recruitment agencies to stump up ÂŁ10,000 to participate in its 2011 Preferred Supplier Programme (PSP) has been branded a âdisgraceâ by suppliers.
Premier Foods remains âopen-mindedâ about selling off assets - including its meat-free business - to pay off debts, provided the price is right, bosses have confirmed.
Premier Foods has been ordered to pay out almost â€21,000 and slammed by UK safety authorities after an industrial accident in which a 65-kg metal pillar crushed the skull of one of its workers.
Premier Foods remains âopen-mindedâ about selling off assets to pay off debts, bosses have revealed as the firm released interim results broadly in line with expectations, but warned of rising cost inflation in the second half.
At a recent Leatherhead conference, a speaker from Mintel said the number of new products making 'natural' and 'green' claims increased steadily between 2005 and 2009. But I'm not convinced that consumers understand all these...
Flour prices could head further north this summer, driven by a combination of lower-than-anticipated corn planting in the US, reduced wheat production forecasts in Russia and Canada and lower yields in Europe, Premier Foods is predicting.
Meat-free sales have continued to slide at Premier Foods, with first quarter sales in this division down 4.7%, a performance criticised by analysts as âdisappointingly weakâ.
Premier Foods has dramatically increased the efficiency of Batchelors Supernoodles production at its Worksop factory following a three-month project...
Who do you think has done most to raise the profile of food and drink manufacturing over the past year? Who has been most successful at driving their...
Cadbury has raised ÂŁ300M in bonds in a move to âreduce short-term borrowingsâ and ease worries over its debt pile, which was valued at ÂŁ1.89bn...
Premier Foods said its full-year results were in line with its expectations as it announced the sale of its RHM own-label frozen foods business.Chief...