PepsiCo has entered into an agreement with PAI Partners (PAI) to sell a majority stake in its Tropicana, Naked and other select juice brands across North America, and an irrevocable option for certain juice businesses in Europe. PAI will pay (more…)
The post PepsiCo Selling Juice Brands To Private Equity Firm appeared first on KamCity.
A.F. Blakemore has become the latest wholesaler to halt deliveries of some products due to the ongoing lorry driver shortage and workers being absent because of the ‘pingdemic’. In a message sent to retailers, published by trade publication betterRetailing, Jerry (more…)
Delivery through a website, app or store currently accounts for 4% of all convenience occasions, with a further 1% coming from Click & Collect orders. This is according to the Lumina Intelligence UK Convenience Market Report 2021, which also highlights (more…)
The post On-Demand Now Accounts For 1 In 20 Convenience Store Orders appeared first on KamCity.
Latest UK accounts filed for Lucozade Ribena Suntory show the soft drinks maker suffered a significant hit to its sales last year as a result of pandemic-related consumption trends, although the introduction of zero-based budgeting led to an increase in profits. (more…)
The post Decline In On-The-Go Sales Hits LRS But Cost Measures Boost Profits appeared first on KamCity.
English wine producer Chapel Down has appointed Chase Distillery’s Managing Director Andrew Carter as its next Chief Executive. He will take on the role in September, replacing Frazer Thompson who has led the business for 20 years. Thompson, who will (more…)
A rebound in sales since the easing of Covid restrictions has helped Greggs return to profit as it continues with its ambitious store opening programme. Over the six months to 3 July, the bakery chain saw its total sales climb (more…)
Irn-Bru maker A.G. Barr has maintained its prediction of improved profits this year after seeing a healthy rise in first-half sales. Ahead of its full interim results in September, a brief trading update from the soft drinks firm said that (more…)
The post Return Of On-The-Go Consumption Fizzes Up A.G. Barr’s Sales appeared first on KamCity.
Gaps on supermarket shelves are likely to continue for several months unless the government does more to tackle the labour crisis hitting haulage firms, suppliers have warned. Logistics and hauliers’ organisations said August would be a pinch point in the (more…)
The post Call For Action As UK Driver Shortage Hits Supermarket Shelves appeared first on KamCity.
SuperValu and Centra franchise owner Musgrave is joining a legal action seeking compensation from Visa and Mastercard for charging fees in breach of competition laws. British courts ruled last year that so-called interchange fees imposed by Visa and Mastercard on (more…)
The post Musgrave Joins Action Seeking Redress From Credit Card Firms appeared first on KamCity.
Accolade Wines, the owner of brands such as Hardys, Echo Falls, and Jam Shed, has increased its presence in the hard seltzer category via a new direct-to-consumer (DTC) brand. Called Nine Yards, the alcoholic sparkling water drink (ABV 4.5%) contains (more…)
Leading vegan cheese brand Violife has launched a dairy-free butter alternative called Vioblock. The new product is 100% plant-based and contains vitamins B1, B2, B6, B12 and Folic Acid. Vioblock is described as having a fresh and familiar buttery flavour. (more…)
The post Violife Launches Plant-Based Alternative To Butter In Asda appeared first on KamCity.
The makers of Actiph Water have launched a new vitamin-enriched drink range in the UK. Called Acti-Vit, the sugar-free sparkling water comes in three flavours – tropical boost; blackcurrant, apple and raspberry; and lemon, lime and orange. Each can contains (more…)
Meat-free brand Quorn is targeting the back-to-school period with a major multi-channel marketing push for its Nuggets variant. The campaign, which includes a new TV ad from 23 August, will continue throughout September and October. There will also be in-store (more…)
The post Quorn Planning Major Campaign For Meat-Free Nuggets appeared first on KamCity.
Goose Island has launched a new Hazy Session IPA, Today’s Haze (ABV 4.6%), to the UK On-Trade. The latest drop from the Chicago-based brewery is available for pubs and bars to stock in both can and keg formats, having launched (more…)
Retailers are facing further disruption to supplies after it announced that Booker’s HGV drivers could go on strike due to a dispute related to pay. The union representing drivers based at the Booker Retail Partners Thamesmead depot are calling for (more…)
Procter & Gamble used its fourth-quarter results to warn that it is facing a $2bn hit from rising commodity and transport costs caused by pandemic-related disruption. And the company said that further price increases and cost cuts will be used (more…)
The post Better-Than-Expected Final Quarter For P&G But Warns Of Soaring Costs appeared first on KamCity.
Clayton, Dubilier & Rice (CD&R) is reportedly poised to start a bidding war for Morrisons. The private equity firm’s initial £5.5bn bid was rejected by the retailer’s board in June. According to The Sunday Times, CD&R is now preparing equity (more…)
After posting relatively strong first-half results, Heineken became the latest consumer goods firm to highlight that rising costs are denting margins. The global brewing giant was hit hard by the closures of bars and restaurants during the pandemic. This led (more…)
The post Heineken Also Warns Of Rising Costs As Sales Recovery Continues appeared first on KamCity.
Manna, the operator of drones that deliver groceries for Tesco in Ireland, is looking to expand its service. Tesco began trials of the drone home delivery service last October with the 10,000 residents of Oranmore, a small town on the (more…)
The post Delivery Drone Firm Used By Tesco Planning To Expand appeared first on KamCity.
Stada will distribute and market Sanofi’s portfolio of consumer healthcare brands from November in 20 countries across Europe. Countries covered by the new agreement include the Nordic countries Denmark, Finland, Iceland, Norway and Sweden, as well as the Netherlands, Ireland, (more…)
The post Stada And Sanofi Strike Consumer Healthcare Distribution Agreement appeared first on KamCity.