All JBS articles – Page 7
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NewsMoy Park sold to US chicken producer Pilgrim's Pride in $1bn deal
Moy Park has been sold by its scandal-hit Brazilian owner JBS to Pilgrim’s Pride, the second biggest poultry producer in the US
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NewsMedia Bites 1 Sep: Asda, McColl's, Boots, Pernod Ricard
More than 10,000 equal-pay claims may go ahead against Asda after the supermarket chain failed to stop the cases proceeding.
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NewsCity snapshot: Disappointing summer halts supermarket growth as soft drinks, burgers and ice cream sales fall
A combination of a cooler weather and people heading off on summer holidays has put a stop to two months of consecutive sales growth for the UK supermarkets, according to Nielsen. Plus, Lidl increases market share to new record high of 5.2% – up 0.7 percentage points year on year – to become the UK’s seventh largest grocer, according to Kantar Worldpanel.
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Analysis and FeaturesWho will lift The Grocer Cup 2017?
The most prestigious trophy in grocery is back! Who deserves this year’s coveted prize the most? You decide by casting your vote in our online form …
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NewsCity snapshot: China’s “richest chicken farmer” linked with Moy Park deal
Liu Yonghao, chairman of China’s agrichemical business New Hope, has been tipped as the front-runner in the £1bn-plus deal for Northern Irish poultry producer Moy Park.
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NewsMedia Bites 21 Aug: Tesco/Booker, Moy Park, Heineken
Competition investigators have been attacked for failing to adequately tackle Tesco’s proposed takeover of wholesale giant Booker.
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NewsMoy Park continues growth as profits slump at troubled JBS
Moy Park has increased revenues in the second quarter, but profits slumped 80% at its beleaguered Brazilian parent company JBS, which put the Northern Irish poultry processor up for sale earlier this year to raise money to pay off growing debts.
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NewsCity snapshot: Sainsbury's steps back from the race to buy Nisa
Sainsbury’s has hit the pause button on its potential £130m takeover of Nisa until after the competition watchdog makes its ruling on the bigger Tesco acquisition of Booker. Plus, sales and profits rise at Moy Park in the second quarter; and profits fall at John Menzies as it is hit by costs related to failed demerger of distribution arm.
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NewsCity snapshot: High street footfall slumps in July
High street footfall dropped a further 2.1% in July, according to the lateste figures from BRC/Springboard, leading to an overall 1.1% in retail footfall in the period. Plus, Tata Global Beverages disposes of China and Russia operations, a look forward to what’s happening in the City this week and all the latest news from the markets
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NewsMedia Bites 25 July: Reckitt Benckiser, McColl's, shrinkflation, Tesco
Reckitt Benckiser’s half-year results get plenty of traction in the papers today as the Dettol maker strugglesto shake off the impact of last month’s cyber attack. Results at McColl’s are also in focus, as is an ONS report on shrinkflation.
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NewsCity snapshot: English Tea Shop buys Joe’s Tea Company
Two UK speciality organic tea brands are joining forces to build an £11m operation to take advantage of booming sales of speciality teas. Plus, a look at the finance stories in this week’s edition of The Grocer, supermarket shares fall again and all the latest news from the City
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NewsJBS faces struggle to find a buyer for Moy Park
The Northern Ireland-headquartered supplier is one of the biggest poultry processors in Europe
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NewsJBS announces intention to sell Moy Park
Beleaguered Brazilian meat giant JBS has announced it plans to sell its shareholding in Northern Irish poultry firm Moy Park as part of a R$7m (£1.68bn) divestment programme
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Comment and OpinionThe bad news just keeps on coming for Brazilian meat
News that Waitrose had pulled its corned beef only adds to the litany of woes currently hitting the meat giant
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NewsJBS defends against claims of slavery in Brazilian meat chain
Claims in Guardian report have prompted Waitrose to pull lines of Brazilian corned beef
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NewsPoultry sales help boost Moy Park revenues by 6.6%
Quarterly results posted by the JBS-owned processor this week showed year on year revenue growth of £22.9m to £370.4m
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NewsMoy Park revenues up 6.6% in first quarter
Northern Irish poultry supplier Moy Park has reported a 6.6% jump in first quarter revenues, according the newly published accounts from its parent company Brazilian meat giant JBS,
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NewsCity snapshot: Premier Foods lowers growth target and ups cost savings drive
Premier Foods (PFD) is shifting its strategy away from focussing on revenue growth to a more ’balanced approach’ after full year underlying sales slipped 1.4%
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NewsBrazilian meat crisis eases as countries overturn import bans
Scandal led to widespread restrictions on Brazilian meat last week from across the globe
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NewsMoy Park wins raft of listings for ready to eat chicken range
The Good to Go range launched in January as a “convenient snacking solution”