News about Alex Whitehouse

After achieving its 'biggest ever Christmas', the proprietor of Mr Kipling cakes and Oxo Cubes has promised to cut prices across more of its range. In the run-up to the end of March, Premier Foods chief executive Alex Whitehouse announced that the company will keep price cuts to items such as Loyd Grossman's cooking sauces and Mr Kipling Bakewell slices.

Premier Foods, the company that owns Mr Kipling, has promised to lower the prices of several of its products, including Bakewell slices and Lloyd Grossman cooking sauces. According to the British food manufacturer, who also produces Oxo, Bisto, and Angel Delight, lower prices saw their revenues climb by 14.4% in the run-up to December 30.

Mr Kipling and Batchelors were back to their summer 2013 prices, according to Premier Foods CEO Alex Whitehouse. He said that the company was considering further price cuts in the coming months.

Mr Kipling and Bisto gravy's owner confirmed that it would invest £29.6 million upfront through its cash reserves and at least another £4 million in the 2026/27 financial year. Fuel10K is a registered B Corp company that makes 'protein-enriched' porridge, granola, and muffins, as well as cookies, oat squares, and flapjacks, founded in Dingwall, Scotland.

Premier Foods, the makers of popular brands such as Mr Kipling cakes and Oxo cubes, saw its revenues climb by 21.1 percent year on year as branded sales increased by 17.5 percent. In the first quarter, the organization also reported an increase in grocery market share by 94 basis points. As businesses such as Premier Profited, the slight rise in food inflation eased the pressure on cash-strapped Britons at the tills.

The 12 months ended with nearly £100 million to £746.8 million in Premier's grocery division, where it takes up nearly three-quarters of the total market. The Batchelors and Nissin noodles ranges were in high demand, according to the food manufacturer, with profits of the former rising by a fifth to become the country's largest grocery store chain.

The Angel Delight and Bisto gravy owner expects that the fourth-quarter turnover will rise by at least 10% due to another strong showing from its grocery chain, increased overseas demand, and increased confectionery sales. This follows a brisk trading result in the previous three months, when price hikes offset rising costs, whilst failing to dent household spending over Christmas.

Premier Foods is planning to close down its own-label powdered drinks factory in Knighton, Staffordshire, putting 300 workers in risk. The Oxo and Mr Kipling company announced that closing the factory would cost £10 million, but that the brand's sales will immediately rise and increase the proportion of branded products. Premier Foods said Knighton was not aligned to the company's branded growth model plan and is marginally unprofitable.'

The corporation is deciding to close its Knighton manufacturing site in Staffordshire, which it described as'marginally' losing proposition. The company is conducting a survey at the factory, which is expected to take place in 2023. However, the site, which makes mainly unbranded powdered drinks for the company, is expected to continue operating into 2024 before finally closing down after a phased closure. The company, which manufactures Oxo cubes and Bisto, employs 4,000 workers across the United Kingdom. The Knighton factory does not fit into its 'branded growth model plan' and is marginally unprofitable at trading profit,' according to the firm.