Pilgrim's Pride Forms Special Committee To Review Meatpacker JBS Buyout Bid
Pilgrim's Pride Corp said its board has formed a special committee of independent directors to evaluate JBS's unsolicited bid.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Lidl GB Invests £400m In Price Cuts And Promotions
Lidl GB has invested £400 million (€471.9 million) in promotions and price cuts so far this year to support British households.
Estée Lauder invests €5.7m to cut water use at Belgium plant
The Estée Lauder Companies is investing €5.7m in water circularity infrastructure at its Oevel manufacturing campus in Belgium, aiming to cut water consumption.
New Look continues store investment with Stoke-on-Trent refurbishment
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Will Colruyt acquire 18 Belgian Carrefour supermarkets in exchange for Codifrance?
Details regarding the possible sale of Codifrance, Colruyt’s French wholesale business, to Carrefour are not known, but according to a French newsletter, 18 Belgian Carrefour…
Refresco Plots Potential IPO At $10bn-Plus Valuation, Sources Say
Refresco and its owner KKR took pitches from investment banks in recent weeks for roles on a potential initial public offering, sources told Reuters.
North America and Europe sales shine at Uniqlo owner Fast Retailing
Results put the group in contention to overtake H&M as international expansion drives record sales
Luxury pastry shop Wittamer receives 3.8 million euros in fresh capital for restructuring and expansion
The owners of the Brussels-based pastry shop Wittamer are injecting 3.8 million euros into the company. With this fresh capital, the purveyor to the royal court aims to restore…
Amazon retail division hit by job cuts
The e-commerce giant is changing the structure of its stores business, impacting hundreds of employees.
The Weston family must prioritise health expertise and store investment to drive growth at Boots, says GlobalData
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Tesco doubles down on digital as profits and guidance climb
Tesco has increased its profit guidance to between £3.15bn and £3.3bn (from £3bn and £3.3bn) following a strong interim set of results for the first half of financial year…
Tesco credits F&F success and digital channels for £3.3bn sales
Tesco has reported adjusted operating profit grew 6.5 per cent to £1.78bn for the 26 weeks to 29 August, as the supermarket giant benefitted from its omni-channel operations…