KamCity

• Refinancing Pushes Asda’s Debt Into The Next Decade May 3, 2024
  Asda has refinanced its multi-billion-pound debt pile as its owners seek to put the supermarket’s finances on a firmer footing amid work to win back shoppers after a period of weak performance. The refinancing, which was completed yesterday, included the (more…) The post Refinancing Pushes Asda’s Debt Into The Next Decade appeared first on KamCity.
• Asda Unveils Revamped Retail Media Unit May 3, 2024
  Asda has officially launched its revamped retail media business called LS Eleven Media Services, formerly known as Asda Media Partnerships (AMP). Following reports of its creation back in January, LS Eleven, named after the postcode of Asda’s headquarters in Leeds, (more…) The post Asda Unveils Revamped Retail Media Unit appeared first on KamCity.
• Bestway Brings Back Own Label Range May 3, 2024
  Bestway’s ‘Best-in’ own-label range has been relaunched seven years after it was replaced, with the aim of meeting the needs of consumers seeking value alternatives to brands. According to trade publication The Grocer, the wholesaler has introduced 160 new lines (more…) The post Bestway Brings Back Own Label Range appeared first on KamCity.
• Senior Marketer Leaving Tesco May 3, 2024
  One of Tesco’s most senior marketers, Group Customer Director Emma Botton, is leaving the business. In an internal memo seen by Marketing Week, Tesco’s Chief Commercial Officer Ashwin Prasad praised Botton for her “key role in rebuilding Tesco’s brand as (more…) The post Senior Marketer Leaving Tesco appeared first on KamCity.
• Steady Demand And Higher Prices Drive Better-Than-Expected Growth At Kellanova May 3, 2024
  Kellogg’s and Pringles maker Kellanova beat estimates for first-quarter sales and profit after seeing relatively solid demand for its brands despite further price rises. Kellanova’s diverse portfolio of breakfast cereals and snacks, which also include Pop-Tarts and Nutri-Grain, has helped (more…) The post Steady Demand And Higher Prices Drive Better-Than-Expected Growth At Kellanova appeared first […]
• Demand For Energy Drinks Boosts Monster May 3, 2024
  Monster Beverage has posted an 11.8% jump in first-quarter revenues to $1.9bn after seeing strong demand for its various energy drink brands. Energy drinks have proved particularly popular in recent years, with inflation-weary customers stretching their budgets to spend on (more…) The post Demand For Energy Drinks Boosts Monster appeared first on KamCity.
• Diageo Appoints CCEP Exec As New CFO May 3, 2024
  Drinks giant Diageo has announced that Nik Jhangiani will become its new Chief Financial Officer this autumn. He will replace Lavanya Chandrashekar, who will step down at the same time after three years in the role and six years with (more…) The post Diageo Appoints CCEP Exec As New CFO appeared first on KamCity.
• Heart Of England Co-op Names New Chief Executive May 3, 2024
  Heart of England Co-operative has appointed Steve Browne as its new Chief Executive. He will take over the role at the beginning of October from Ali Kurji, who is retiring at the end of September following 42 years of service, (more…) The post Heart Of England Co-op Names New Chief Executive appeared first on KamCity.
• Retail Footfall Impacted By Easter Shift, Rail Strikes, And Weather May 3, 2024
  Data from MRI Software shows the impact of this year’s Easter holidays moving into March was felt by UK retail destinations as footfall declined by 3% in April when compared with the same period last year. Coupled with inclement weather (more…) The post Retail Footfall Impacted By Easter Shift, Rail Strikes, And Weather appeared first […]
• Appleby Westward Hails Success Of SPAR South West Tradeshow May 3, 2024
  SPAR wholesaler Appleby Westward hosted its SPAR South West tradeshow and conference in Sandy Park, Exeter, last week, with presentations from the Directors of the Appleby Westward leadership team, retailer panel discussions with key Wessex Guild Members, SPAR UK representatives (more…) The post Appleby Westward Hails Success Of SPAR South West Tradeshow appeared first on […]