Archive of all JBS articles – Page 7
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NewsKirsty Wilkins joins Moy Park as HR director
Ex-Tulip HR director replaces Mike Mullan, who has left poultry supplier after six years
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NewsCity snapshot: Retail footfall slumps in run-up to Christmas
UK retail footfall fell by 2% year-on-year in October according to the BRC Springboard footfall and vacancies monitor – the largest rate of decline since the vote to leave the EU in June 2016. Plus sales jump but profits plunge at Carr’s Group and all the rest of the latest news from the City.
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NewsMoy Park reports 'strong' sales growth in Q3
Revenues at Northern Irish poultry producer Moy Park rose 11.3% to £392.6m in the third quarter on strong volume growth, favourable exchange rate movements and recovery of cost inflation.
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NewsMore customers than ever choose Sainsbury's but Argos losses drag on profits
Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits.
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NewsThird quarter M&A dominated by scale-driven protein deals
Four key deals were led by the £1bn sell off by scandal-hit Brazilian group JBS of Northern Irish poultry processor Moy Park to US-based Pilgrim’s Pride
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NewsMoy Park reaches milestone of 150,000 meals to FareShare
Poultry giant reached milestone this month, having contributed more than 68 tonnes of fresh chicken that would otherwise have gone to waste
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NewsFaccenda Foods and Cargill team up for UK poultry venture
Joint venture would have capability to process 223 million birds a year
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Analysis & FeaturesThe looming labour crisis: OC&C top 150 index 2017
Growth of the Top 150 UK food producers, already at a 15-year low, has been in short supply
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NewsMoy Park sold to Pilgrim's in speedy related-party deal
Under-fire JBS shocked the industry – and Moy Park management – in June when it revealed it was off-loading the business
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NewsCity Snapshot: Coca-Cola HBC CEO to take illness leave of absence
The CEO of FTSE 100 Coca-Cola bottler Coca-Cola HBC is to take a four month leave of absence to treat a medical conditions. Plus, Nestlé acquires a majority stake in Blue Bottle Coffee, the pound soards but leaves UK fmcg companies nursing share price losses and all the rest of the latest news from the City
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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 & 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.