Posts Tagged ‘Marks & Spencer’
Scale of Five Star losses revealed
FIVE Star Fish, the seafood business which is threatening to close its Grimsby site with a potential loss of almost 400 jobs, has reported a significant increase in its losses despite a large rise in turnover. The secondary white fish processor is a wholly owned subsidiary of Boparan Holdings, which deals mainly in poultry under the 2Sisters Food…
Read MoreM&S ‘proud’ of its Scottish farmed salmon
Marks & Spencer said it sells only Scottish farmed salmon, which is trusted by customers for its high quality and taste. Sourcing 10,000 tonnes of raw material a year, from Scottish Sea Farms, helped create jobs in rural communities where employment opportunities are less readily available, said the retailer. However, in a written submission to…
Read MoreSt James Smokehouse to buy Pinneys
THE owner of the award winning Scottish salmon company St James Smokehouse said speculation that he was planning to buy Pinneys was correct. Brendan Maher (pictured) said he and his factory manager, Leo Sprott, had spent 10 hours at the factory in Annan, which Young’s Seafood has put up for sale. ‘We spent 10 hours…
Read MoreFashion chain owner ‘eyeing Young's’
THE private equity company Sun Capital Partners, whose portfolio includes the women’s fashion chain Bonmarche and the UK bed maker Dreams, is reported to be considering a bid for Young’s Seafood. The current private equity owners announced on Thursday that Britain’s largest seafood business was being put up for sale. No price tag has been…
Read MoreSt James Smokehouse eyes Pinneys
THE award winning Scottish salmon company St James Smokehouse has confirmed that it is interested in buying the Young’s Seafood Pinneys factory in Annan – and retaining all of the 450 people who work there. The company is based in Annan and specialises in high quality hand crafted smoked salmon products. The firm’s owner, Brendan Maher…
Read MoreMinisters pile pressure on Young’s
YOUNG’S Seafood is under pressure to reconsider its decision to close its Pinneys site at Annan, following direct intervention by the Scottish government. Scotland’s business minister, Paul Wheelhouse, has written to the company demanding that ‘no stone should be left unturned’ to save as many jobs as possible. It follows a number of earlier pleas…
Read MoreMSP in Pinneys plea to M&S
MSP Joan McAlpine is urging Marks & Spencer to use its influence with Young’s Seafood to keep the threatened Pinney’s plant open. And in a letter to M&S chairman Archie Norman, she said customers expected Scottish salmon to be totally produced in Scotland. She has also accused the retailer of squeezing suppliers on terms and said the…
Read MoreAnnan council fights to save plant
LOCAL council leaders have begun a fight to save at least some of the 450 jobs at the threatened Young\’s Seafood factory at Annan in the south of Scotland. They made the pledge after meeting Scottish government ministers yesterday. Elaine Murray, the leader of Dumfries and Galloway Council, and her deputy, Rob Davidson, are urging Young\’s Seafood to…
Read MoreScottish anger at Young's ‘betrayal’
YOUNG’S decision to close its salmon factory in Annan with the loss of 450 jobs has met with an angry reaction throughout Scotland. Unite Union regional officer Andy MacFarlane said: ‘The closure of Pinneys amounts to them shutting down the town. It is the ruthless betrayal of a local community that has served this company for generations.’ Young’s, which…
Read MoreScotland’s loss is Grimsby’s gain
CONSCIOUS of the blow to Scottish employment, Grimsby\’s seafood sector is expressing quiet diplomatic delight today at the news that Young\’s is to create 200 more jobs in the town and take over the contract to produce coated chilled and frozen fish for Marks & Spencer. Just a week ago the port town was facing a serious crisis after Five Star Fish announced…
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