Good Week, Bad Week

Bread, Greencore and retailers make week’s top news

Loading the player...

A potential growth fall for Aldi and Lidl and the impact supermarket price wars have had on bakers lead our selection of the week’s top news.

Bread was identified as one of the biggest casualties of the supermarket price war in an exclusive podcast interview with the Federation of Bakers’ director Gordon Polson for


Aldi and Lidl were facing a path to destruction as they were forced to stock more and more products, Shore Capital claimed.

In sharp contrast, grocery think-tank IGD estimated the discount retail market would grow by 82.2% between now and 2020 from £12.8bn to £23.2bn.

There was welcome good news for troubled retailer Morrisons, which recorded a sales growth of 0.2%, its first sales rise in 18 months.

Greencore had cause for celebration as it announced a multi-million pound expansion at its Worksop sandwich site, potentially creating 150 jobs in Nottinghamshire.

Advanced talks

Finally, Nomad Holdings and frozen food firm Findus confirmed they were in advanced, exclusive sales talks.

Bad Week

Findus’s Young’s Seafood would not be included in any completed deal, Findus said.

The potential deal follows Nomad’s acquisition of frozen food firm Iglo Group for £1.87bn in April.

To find out more about all these stories, watch the video above and click on the links in the box to the left of this article.

Related News

Greencore has won an M&S Silver Accreditation for its Evercreech site in Somerset

Greencore wins Marks & Spencer Silver Accreditation

New product lines helped to boost Greencore's third quarter sales

New product lines lift Greencore’s food-to-go sales

Plant bread sales are expected to decline further

Is the decline of packaged bread terminal?

Convenience has helped boost profits at Greencore

Convenience sales help Greencore to 7.2% growth

Findus confirms exclusive sale talks with Nomad

Findus confirms exclusive sale talks with Nomad

Greencore produces more than 3M sandwiches a week

Greencore’s expansion creates 150 jobs

Rock bottom prices for bread in supermarket price wars

Bread is ‘price war casualty’ – FoB director

Aldi's and Lidl's fast growth could be their downfall

Aldi and Lidl on a path to destruction?

Cool deal in prospect: Nomad is bidding for the Findus Brand

Nomad in talks to snap up Findus Europe: latest

Submit a comment

Your comment has been saved

Post a comment

Please note that any information that you supply is protected by our Privacy and Cookie Policy. Access to all documents and request for further information are available to all users at no costs, In order to provide you with this free service, William Reed Business Media SAS does share your information with companies that have content on this site. When you access a document or request further information from this site, your information maybe shared with the owners of that document or information.