Latest news with #meatproducts
The Sun
25-06-2025
- Business
- The Sun
Morrisons is making a major change to its meat products after shutting 72 butcher counters in new shake-up
MORRISONS is set to roll out a major change to its meat products amid a new shake-up. The popular supermarket has shuttered a whopping 72 butcher counters in stores across the UK. 3 3 It comes as part of a new initiative, Morrisons Magic, as reported by The Grocer. The industry giant aims to roll out the new prepacked model to 100 branches nationwide this year. So far, 60 stores have already launched the re-vamped set-up. Morrisons confirmed their in-store butchers would cut the meat in the morning into different sizes and packages. Shoppers can they choose which product they like. The company argued this change will mean staff behind the counter waste less time focusing on elaborate displays. Although butchers will still be around to help if needed. A spokesperson said: "It's a format we have seen lots of farm shops adopt. Butchers are still around to help customer and the point of sale is very clear - if a customer wants something cut to size, there are butchers in store to help." They added how the shake-up would "give a more modern and contemporary feel". The news comes after the supermarket launched a major overhaul of its in-store services earlier this year. Vodka to the Rescue: Morrisons' Unconventional Emergency Tactics In March, Morrisons announced that it would close 18 Market Kitchens, 13 florists, 35 meat counters, 35 fish counters and four pharmacies. The shake-up was rolled out over the following months and put 365 workers at risk of redundancy. It also closed 17 smaller Morrisons Daily branches. Rami Baitieh, chief executive of Morrisons, said that the plans would 'reinvigorate' the supermarket and allow it to invest in other parts of the business. He added: "In most locations the Morrisons Café has a bright future, but a minority have specific local challenges and in those locations, regrettably, closure and re-allocation of the space is the only sensible option. 'Market Street is a beacon of differentiation for Morrisons and we remain committed to it. "But as we modernise we are making some necessary changes to the areas of the model which are simply uneconomic.' The supermarket last month revealed that it will shift towards selling more premium products as part of an overhaul of the brand. The new project, called 'Morrisons Magic' aims to improve customers' experiences. The chain's launch of 'Market Street' is also part of plans to modernise the brand. Morrisons will focus on farm shop-style products, such as value-added items including foil trays for sauced, marinate, breaded and ready-to-cook fish. The supermarket hopes that Market Street will be more accessible and will attract more amateur home cooks. Morrisons also announced a huge change to its loyalty scheme last month. Shoppers can now earn More Points when they're not shopping at the supermarket thanks to its brand new perk. Morrisons More Card holders can collect points with more than 300 popular brands including eBay, Just Eat, Expedia, Asos and Very. The Morrisons More Card already enables shoppers to bank points on selected products by scanning their More Card or app. Once 5,000 More Points are collected shoppers will be given a Morrisons Fiver, a £5 voucher that they can redeem on their next shop in store or online. Previously shoppers could only get the points when shopping in Morrisons. The change means that customers can now get rewards on all their shopping, including takeaways, gadgets, holidays and clothes. Plus, Morrisons will add digital screens to its pizza counters for shoppers. The new service will give customers the ability to create their own pizza, which they can then cook at home. The pizzas will be made by staff while they do the rest of their shopping. Customers will still need to pay for their pizza at a manned till. The screens are currently available at three stores, including Warrington, Gamston and Guiseley and will be rolled out to 20 additional shops soon. Pictures seen by The Sun suggested that shoppers could choose between four pizza bases including 10 inch thin and crispy, 10 inch deep pan, 10 inch gluten free and 14 inch thin and crispy. There were also two cheese options on offer, including mozzarella and a vegan alternative. Hungry shoppers could also choose to add tomato, BBQ or garlic sauce to their pizza and finish it off with four toppings. Additional toppings could also be added for 50p each. How to save at Morrisons Buying a delivery pass can slash the cost of shopping online if you're a Morrisons regular. You also get priorities for Christmas delivery slots. How much it costs depends on which you get anytime or mid-week, and if it's for the year, six-months or monthly. You'll need to work out the cost compared to how much you spend on delivery without one to see if it's worthwhile. Morrisons does a range of wonky veg that can work out cheaper than the main range. Check websites like Quidco and TopCashback BEFORE you place your order. Cashback websites PAY you to shop. All you have to do is click through their links and the money is added to your online account. Search for discount codes on websites like and to see if you can get money off at the till. Follow your favourite shops on Twitter, Facebook and Instagram and sign up to its deals newsletter to get the latest on any offers. We post the best deals in our Sun Money FB group too. Try switching all of your branded or premium goods for lower level ones and see if you notice the difference. Morrisons regularly adds new products to its 'own-brand "savers" range. This is its value range where prices start from as little as 20p. It includes all sorts of products including peas, spaghetti, marmalade, jaffa cakes and washing up liquid. Swap your usual items for savers alternatives and see if you can tell the difference. Shoppers can earn points with the More Than loyalty scheme when they spend online or in store. How many points you earn will depend on the offers available at the time, plus you get five points for every litre of fuel at Morrisons petrol stations. Reach 5,000 points and you get £5 off your shopping, plus there are other offers and coupons and the checkout and via the app. Shoppers also get cheaper prices that are just for members. 3
Yahoo
20-06-2025
- Business
- Yahoo
Hormel Foods Stock: Is HRL Underperforming the Consumer Defensive Sector?
With a market cap of $16.6 billion, Hormel Foods Corporation (HRL) is a leading global manufacturer and marketer of high-quality meat and food products. The company operates through Retail, Foodservice, and International segments, offering a diverse portfolio of perishable and shelf-stable items under more than 30 well-known brands, including SPAM™, SKIPPY™, Planters™, and Jennie-O™. Companies valued at $10 billion or more are generally classified as 'large-cap' stocks, and Hormel Foods fits this criterion perfectly, exceeding the mark. Hormel distributes its products to a broad range of customers worldwide, including foodservice providers, convenience stores, and commercial retailers. 3 ETFs with Dividend Yields of 12% or Higher for Your Income Portfolio Dear Tesla Stock Fans, Mark Your Calendars for June 30 Nvidia Is Quickly Approaching a New Record High. Is It Too Late to Buy NVDA Stock? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Shares of the Austin, Minnesota-based company pulled back 11.1% from its 52-week high of $33.80. Shares of Hormel Foods have risen 1.3% over the past three months, slightly outperforming the Consumer Staples Select Sector SPDR Fund's (XLP) marginal gain over the same time frame. Longer term, HRL stock is down 4.2% on a YTD basis, underperforming XLP's 2.3% rise. Moreover, shares of the Skippy peanut butter maker have dipped 1.4% over the past 52 weeks, compared to XLP's 3.4% return over the same time frame. Despite a few fluctuations, the stock has been trading mostly below its 200-day moving average since last year. Shares of Hormel Foods rose 1.1% on May 29 after the company reported Q2 2025 adjusted EPS of $0.35 and revenue of $2.9 billion, meeting Wall Street expectations. Despite a 7% decline in sales volumes in both the retail and foodservice segments due to supply chain challenges and lower raw material shipments, investors were encouraged by the reaffirmed annual organic net sales growth outlook of 2% to 3%. The company also narrowed its full-year adjusted EPS forecast to $1.58 - $1.68, keeping the lower bound intact. In comparison, rival The Kraft Heinz Company (KHC) has lagged behind Hormel Foods stock. Shares of Kraft Heinz have decreased 21.1% over the past 52 weeks and 16.2% on a YTD basis. Despite the stock's underperformance relative to the sector over the past year, analysts are moderately optimistic about its prospects. The stock has a consensus rating of 'Moderate Buy' from the nine analysts covering the stock, and as of writing, HRL is trading below the mean price target of $32.71. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
BreakingNews.ie
22-05-2025
- Business
- BreakingNews.ie
Electricity prices rise by over 25% in last year -CSO
Figures from the Central Statistics Office show wholesale electricity prices have risen by 25.6 per cent in the last year. Prices dropped 15.7 per cent compared to April's levels, and current prices are 71.3 per cent lower than the peak in August 2022. Advertisement Producer prices for food products increased by 5.1 per cent in the 12 months to April 2025, while the Food Products, Beverages & Tobacco Index was up by four per cent. Notable increases were seen in dairy products, which increased by 22 per cent, meat products increased by 7.3 per cent, while there was a 17.4 per cent increase in chemical products. Other increases included a 3.1 per cent increase in machinery and equipment, a 3.3 per cent increase in beverages and 3.1 per cent increase in plastic products. Wholesale prices for construction products grew by 0.2 per cent in the month to April 2025 and rose by one per cent in the 12 months since April 2024.
Reuters
19-05-2025
- Health
- Reuters
Brazil can no longer export poultry and meat to EU due to bird flu
BRUSSELS, May 19 (Reuters) - Brazil is no longer allowed to export poultry and meat products to the European Union due to the outbreak of bird flu, the European Commission said on Monday. "EU import conditions require that the country of export (Brazil) is free of Highly Pathogenic Avian Influenza," a European Commission spokesperson said in an email. "Brazilian authorities can no longer sign such animal health certificates for export into the EU and such certificates cannot be issued. No poultry/meat products can be exported to the EU from any part of the Brazilian territory."
