The Jewish Chronicle - - Business -

Mr Bagels, one of Europe’s lead­ing bagel man­u­fac­tur­ers, is the lat­est vic­tim of the re­ces­sion. The com­pany, founded by broth­ers Paul and Avi Ka­ha­lani, called in the ad­min­is­tra­tors this week, be­lieved to be strug­gling to cope with the squeeze of su­per­mar­kets de­mand­ing re­duced prices from sup­pli­ers. Mr Bagels pro­duces some 150m bagels a year for stores in­clud­ing Tesco and Waitrose. Some 26 jobs have al­ready gone and the rest could fol­low if a buyer for the busi­ness isn’t found.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.