Papa Johns boss brands rising costs a ‘perfect storm of difficulty’ May 13, 2025 The UK boss of pizza chain Papa Johns has branded the rising costs his business is facing as a result of"perfect storm of difficulty".
Papa Johns to serve up profit after closing over 40 sites May 6, 2025 The UK boss of pizza giant Papa Johns has revealed the company is eyeing a return to profit in 2025 after closing more than 40 restaurants last year. Managing director Chris Phylactou confirmed the business is “no longer losing money” and is on track to report its first UK profit since 2021. Speaking on an [...]
Food inflation rises to its highest level in almost a year April 29, 2025 Food inflation has risen to its highest level in almost a year as cost pressures begin to weigh on prices. Food inflation increased to 2.6 per cent year on year in April, against growth of 2.4 per cent in March and above the three-month average of 2.4 per cent, according to the British Retail Consortium [...]
McCain: Chips favourite doubles profit to £100m in three years April 7, 2025 Profit at the UK arm of potatoes giant McCain Foods surged to almost £100m during its latest financial year, it has been revealed. The North Yorkshire-headquartered UK arm of the Canadian giant has reported a pre-tax profit of £98.7m for the 12 months to 30 June, 2024. The figure, revealed in new accounts filed with [...]
Hellofresh: Profit hike expected as cost-cutting drive extended March 11, 2025 Hellofresh has warned that its sales are set to fall this year but that its profit is expected to rise as it extended its cost-cutting drive. The recipe box delivery company, which is headquartered in Germany, said its cost-cutting programme, which was announced in the second half of 2024, would be extended until 2026. Hellofresh [...]
Pukka Pies: Price rises ‘inevitable’ at chip shop favourite March 3, 2025 Chip shop favourite Pukka Pies has warned prices rises are “inevitable” as it battles “significant levels of power and labour inflation”. The Leicester-headquartered company said it delayed increasing its prices during its latest financial year “assess the mid to long-term implications from the underlying inflation” but has since concluded that rises should be introduced. The [...]
Gousto in major expansion as it takes on Hellofresh February 26, 2025 Recipe kit provider Gousto has revealed plans to expand into the Republic of Ireland and create new jobs as it ramps up competition with Hellofresh. The company said the move will add more than 30 jobs in 2025 across management, marketing, food, supply chain and fulfilment. Gousto, which joins Hellofresh in operating in the Republic of [...]
Food prices set to rise ‘across the board’ as inflation fears build January 28, 2025 The BRC's shop price index showed that food prices rose 0.5 per cent month-on-month, up from 0.1 per cent in December
Domino’s Pizza gobbles up sales in Central Europe January 16, 2025 Increased hunger for pizza across Poland and Croatia helped sales jump at the owner of Domino’s in both European countries, according to new figures. DP Poland, which runs Domino’s Pizza stores and restaurants across Poland and Croatia, has racked up system sales of £55.4m for 2024 after being able to attract new customers. In Poland, [...]
Rising wages hit British strawberry growers January 13, 2025 The British berry growing industry has warned its future is under threat despite its value rising to £2bn for the first time. According to industry body British Berry Growers, rising energy costs and wage increases will continue to create ‘challenging circumstances’ for fruit farmers in 2025. The latest warning comes after the British Berry Growers [...]