Bank deal helps JBS stabilise $6.5bn debt – for now
Meatpacker JBS SA has reached a deal with its lenders to stabilise the terms of billions of dollars in debt owed by its JBS Brazil unit.
Archives for July 25, 2017
Was the $1.7bn price tag Dr Pepper paid for Bai justified?
"Early signs suggest Dr Pepper Snapple Group's acquisition of Bai may not generate sufficient returns to justify its rich [$1.7bn] price tag," says Wells Fargo in a note published ahead of the soft drinks giant's Q2 results - due out Thursday.
UK reports Cyclospora increase for third year in a row
The UK has seen an increase in cyclosporiasis for the third successive year with a link to Mexico.
US consumers favour country-of-origin labelling
Almost nine out of 10 US consumers are in favour of country-of-origin labelling for fresh meat, according to a recent survey.
UrthBox shopping spree continues consolidation in subscription snack segment
With the acquisition of three competitors, healthy snack subscription box company UrthBox hopes to better shine a light on organic and natural brands that otherwise may be caught in the shadow of more broadly recognized but less nutritious conventional...
Amazon's US grocery sales surged 50% to $420m in Q2; perishables up 110%
As a percentage of the overall grocery retail market, Amazon’s $420m in Q2 grocery sales in the US is pretty small fry. But its 50% year-on-year growth is making the whole industry pay attention, says e-commerce data firm One Click Retail.
What does Blue Apron’s roller-coaster stock price mean for the meal kit category’s future?
In an about-face, Blue Apron’s stock is surging on the strength of positive investor ratings published earlier this week, but the meal kit company’s initial rocky start in public trading still could have a negative long-term impact on competitors’...