In Short

27 February, 2009
Page 10 

== Greencore stays solid ==

Greencore announced it had "performed solidly" during the last year, according to its recent interim management statement. The firm said Convenience delivered a solid performance in 2008, with sales up 8.3% after currency conversions. However, Greencore warned consumer pressure has resulted in weakened demand for some of its convenience food offerings, particularly food-to-go.

== Costa into Zagreb ==

Costa Coffee is to open its first shop in Zagreb, Croatia in March. According to the Croatian Times, the project will cost E200,000 (£176,000). Costa already has one outlet in Croatia, located in Split, which operates through franchisee company Vlamanda Group.

== Panera pushes profit ==

Increased retail prices and new store openings helped push fourth-quarter profits at US-based Panera Bread Co up 43% to $25.5m, on sales worth $357.8m. The firm opened 32 new bakery-cafés during the quarter and now owns or franchises 1,252 stores under the Panera Bread and Saint Louis Bread Co brands.

== PAVA enriches flour ==

Major Russian grain processor PAVA has launched Zhitnitsa, a flour enriched with nutrients, using a special milling process. Bakers are reporting that yield of bread can reach 132-135%, exceeding the usual 115%, due to increased moisture-absorbing levels in the new flour.

== Instant Starbucks ==

Starbucks has launched instant coffee, in a bid to give shoppers a hit of its high-street brand. Via Ready Brew will be available packeted for take-home and goes on sale in London Starbucks from 25 March - at £1.20 (three servings) and £3.95 (12 servings) - before rolling out in the autumn.





Site Search

Webinars 

    Insights from the Bakery Market Report 2016

    You can now purchase the Bakery Market Report 2016, which offers insight into the retail bakery trade in the UK.

Events Calendar

Facebook

Twitter