KamCity

• Sainsbury’s Cutting Thousands Of Jobs In ‘Challenging’ Cost Environment January 23, 2025
  Sainsbury’s is set to cut thousands of jobs through the closure of its hot food counters and cafes, and by reducing senior management roles, amid concerns about higher labour costs from impending tax rises. Sainsbury’s stated that the move was (more…) The post Sainsbury’s Cutting Thousands Of Jobs In ‘Challenging’ Cost Environment appeared first on […]
• Product Innovation Helps Drive Volume Growth At P&G January 23, 2025
  Procter & Gamble has beaten quarterly estimates for sales and profit as demand for its home and personal care products increased in its core markets. “We see a relatively stable environment, which we expect to continue going into second half. (more…) The post Product Innovation Helps Drive Volume Growth At P&G appeared first on KamCity.
• ABF Held Back By Weaker Sales In The UK January 23, 2025
  Associated British Foods (ABF) saw revenue in its Grocery division increase by just 1% during the 16 weeks to 4 January, after good growth in its international operations, driven by Twinings and Ovaltine, was offset by declines in certain US (more…) The post ABF Held Back By Weaker Sales In The UK appeared first on […]
• Good End To The Year For The Fragrance Shop; Set To Open First International Store January 23, 2025
  The Fragrance Shop saw its sales increase 4.6% year-on-year during the five weeks to 28 December after all categories performed well. During the key festive period, the perfume retailer saw a surge in store activity, with traffic growing by 98.5% (more…) The post Good End To The Year For The Fragrance Shop; Set To Open […]
• Sales Slip At THG But Beauty Unit Performing Well January 23, 2025
  THG, the e-commerce firm that owns Cult Beauty, Lookfantastic, and Myprotein, has posted a fall in fourth-quarter revenues after spinning off its Ingenuity technology unit last year in order to focus on its core beauty and nutrition businesses. Over the (more…) The post Sales Slip At THG But Beauty Unit Performing Well appeared first on […]
• Higher Costs Hit Profits At Essity But Seeing Volume Growth January 23, 2025
  Essity, the hygiene and tissue products maker which owns brands such as Lotus, Tork, Tena, and Bodyform, has reported fourth-quarter core profit below market expectations after high raw material costs and a strong US dollar impacted margins. The Swedish firm (more…) The post Higher Costs Hit Profits At Essity But Seeing Volume Growth appeared first […]
• BRC Data Confirms Downbeat Mood Of Consumers January 23, 2025
  Amid government warnings of tough times ahead, new research suggests consumers caught the January blues and have been cutting back on their spending as a result. The BRC-Opinium survey shows that consumer expectations of their personal financial situation over the (more…) The post BRC Data Confirms Downbeat Mood Of Consumers appeared first on KamCity.
• Food & Beverage M&A Sees A Significant Increase In Volume And Activity January 23, 2025
  The latest UK Food and Beverage Sector Mergers and Acquisitions (M&A) report from corporate finance house Oghma Partners shows there was a significant increase in deal activity last year, both in volume and value terms. In 2024, total deal volume rose (more…) The post Food & Beverage M&A Sees A Significant Increase In Volume And Activity […]
• New Thai Ready Meal Brand Debuts In Tesco January 23, 2025
  Westbridge Foods has launched a new Thai-focused frozen ready meal brand called Kitchen Joy in Tesco. The new range of six rice and noodle-based meals is rolling out in over 580 Tesco stores this month with an RRP of £2.75 (more…) The post New Thai Ready Meal Brand Debuts In Tesco appeared first on KamCity.
• Sensodyne Pronamel Expands Kids Toothpaste Range January 23, 2025
  Haleon’s Sensodyne Pronamel brand is expanding its children’s toothpaste offering with the introduction of new Sensodyne Pronamel Kids 3-5 Years. The new line comes in a Strawberry Twist flavour, with a formulation that offers 24-hour cavity protection and 2x stronger (more…) The post Sensodyne Pronamel Expands Kids Toothpaste Range appeared first on KamCity.