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ANALYSIS: Inflation, Waning Demand Impacting UK Beef Trade This Summer
Inflation, declining cattle prices and lackluster demand are all key themes that continue to influence the UK beef trade this summer. Boxed beef carcass cutouts have struggled for several weeks as offerings for most items were generally fully adequate while demand remained subdued across retail, foodservice and manufacturing sectors.
Despite increased retail beef promotions across the UK, wholesale markets continued their downward trajectory throughout July and August. Several beef items includ
UK Supermarket Leader Morrisons Selects Eagle Eye to Supercharge Loyalty and Promotions Capabilities
Eagle Eye, a leading SaaS technology company powering real-time, omnichannel and personalised consumer marketing activities, has secured a five-year contract with Morrisons Supermarket Ltd, one of the largest supermarket chains in the UK to further develop its loyalty and promotional offering.
Eagle Eye's AIR platform will enhance Morrisons loyalty programme, which allows customers to benefit from exclusive prices and earn points on selected products in-store, online and on fuel. The new offering will create more ways of engaging with customers, and help the supermarket...
Papa John’s International Acquires Drake Food Service International’s Restaurants in the UK
Papa John’s International, Inc. (NASDAQ: PZZA) (“Papa Johns” or “Company”) today announced the acquisition of restaurants previously operated by the M25 division of Drake Food Service International (DFSI) in the United Kingdom. The transition of restaurants will establish a portfolio of Company-owned restaurants in the market. Financial terms of the transaction were not disclosed.
“The U.K. is important within our international footprint with the largest number of stores outside of North America, strong brand awareness with consumers and potential for long-term growth as we still have...
TiNDLE, Plant-Based Chicken from Next Gen Foods, Accelerates Grocery Debut in UK
Next Gen Foods – the company behind TiNDLE and Mwah! – today announces TiNDLE's accelerated rollout into new retailers, Morrisons and Mighty Plants, after a successful test of its brand-new grocery products this past winter in the UK and launch with Germany's largest supermarket group. This marks a response to rising consumer demand for plant-based chicken in the UK market, supported by a study commissioned by TiNDLE and conducted by Censuswide that a resounding 68% of people in the UK believe plant-based meals will become more...
ANALYSIS: Lighter Cattle Weights and Reduced Output Pull YTD Beef Production Lower
ANALYSIS: A Seasonal Snapshot of Christmas and Easter's Boost to Lamb Leg Sales
ANALYSIS: A Closer Look at Formula vs. Negotiated Sales in the Boneless Beef Segment
ANALYSIS: UK Beef Fillet and Sirloin Prices Firm as Cattle Tightens
Mintec Completes Fourth IOSCO Accreditation for Proprietary Agrifood Prices