Let Them Have Cake

Showcase Modern Breads reports sick, but it's actually on the road to recovery

Updated on: 7 February 2024 7:14 pm

Published at: 19 May 2001 12:00 am

Let Them Have Cake

Worries	Reality
Large chunk of the workforce will be retrenched after takeover by HLL in February 2000 Many ancillaries and franchisees will be closed down Company has been referred to the BIFR Declining sales and lack of growth	No employee has been fired after February 2000. Salaries have increased. Eight more ancillaries have been added after the HLL takeover Issue mere technicality. No rehab package sought. Sales decline checked. Premium product added.