Nestlé has posted its strongest quarterly sales growth in 10 years after seeing raised demand for petcare, coffee, and dairy products. After shedding underperforming businesses and investing in growth areas such as plant-based food, coffee and health science, the world’s (more…)
Marks & Spencer is strengthening the level of grocery industry expertise in its boardroom with the appointment of Fiona Dawson, currently Global President of Mars Food, as a Non-Executive Director. At a time where M&S is trying to grow its (more…)
After lockdown restrictions eased earlier this month, Superdrug has revealed that sales of products associated with going to the pub and training at a gym have seen significant increases. Data from the health & beauty retailer for the 12-19 April (more…)
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First-quarter figures released by Johnson & Johnson this week showed underlying sales in its Consumer Health division had fallen 2.9% to $3.54bn. This was attributed to it facing tough comparatives with the same period last year, which was boosted by (more…)
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Fast-growing household cleaning brand Fabulosa is planning for further expansion after securing extra funding from Instarmac Holdings, a group of “entrepreneurial-minded” manufacturing and distribution businesses based in the UK. The multi-million deal has seen Instarmac Holdings take a 20% shareholding (more…)
Manufacturers and supermarkets should do more to make refillable products widely available and clearly labelled to help shoppers save money and the environment. This is according to consumer watchdog Which? that found shoppers are struggling to find environmentally friendly refill (more…)
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SPAR has opened its first pop up shop in the village of Haworth, West Yorkshire. The store, branded SPAR Express, has opened while the main permanent store gets refurbished over the next month. It offers a reduced range of everyday (more…)
Simon Calver has been picked to help guide department store chain Fenwick through the sweeping changes currently affecting the UK’s retail sector. He has taken over the Non-Executive Chairman position from Steve Barber who has been in the role on (more…)
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New research by Accenture suggests that the pandemic has intensified interest in ‘conscious consumption’ – defined as those who seriously consider the environmental and societal impacts of their shopping choices – challenging consumer goods and retail industries to fundamentally rethink how they (more…)
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Carrefour saw its group like-for-like sales increase a healthy 4.2% in the first quarter of 2021 after solid performance in its domestic market and some of its international operations. However, the figure was down on the 7.8% growth recorded during (more…)
The post Sales Growth Starts To Slow At Carrefour But Confident On Outlook appeared first on KamCity.
Lidl’s operation in the US has named Michal Lagunionek its new President and CEO. He will replace Johannes Fieber who is leaving the post after three years to spend more time with his family. Fieber will support Lagunionek over the (more…)
German grocery giant REWE saw its turnover climb 20.4% to a record €75.3bn during 2020, boosted partly by the integration of the Lekkerland Group. After adjusting for exchange rates, and excluding independent retailers and at-equity companies, the group’s revenue rose (more…)
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German wholesaler Metro AG has updated the guidance for its 2020/21 financial year after the Covid-19 restrictions continued to take their toll on its business. The group stated that preliminary figures for the first half of the year showed total (more…)
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Amazon is bringing its palm-scanning Amazon One contactless payment system to Whole Foods Market. The retail giant said Wednesday that Amazon One, unveiled last fall, has launched at Madison Broadway Whole Foods store in Seattle and is earmarked for another (more…)
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Pernod Ricard said today that it expected 10% organic profit growth in its fiscal year 2020/21 after strong demand in its key US and Chinese markets helped the French spirits group beat third-quarter sales forecasts. Read the full article on (more…)
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A cooling of the US stock market’s taste for plant-based meat makers has raised doubts among some investors and analysts about Impossible Foods’ plans to achieve a $10bn flotation. Read the full article on the Reuters website (more…)
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Amazon is moving into the world of hairdressing with the opening of its own salon in London that will trial the latest technology developments for the sector, including augmented reality hair consultations. The Amazon Salon in Spitalfields, east London, will offer traditional (more…)
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Procter & Gamble unveiled better-than-expected earnings and revenue figures yesterday as consumers concerned about Covid-19 continued to purchase more cleaning supplies and others started buying beauty products again as pandemic-related restrictions started to ease. For its third quarter to 31 (more…)
The post P&G Continues To Benefit From Pandemic Cleaning Habits; Price Hikes Ahead appeared first on KamCity.
First-quarter figures from Heineken confirm it was hit hard by the recent closure of the hospitality sector in the UK and other markets across Europe, although resurgent out-of-home drinking in Asia and Africa helped compensate. The world’s second-largest brewer saw (more…)
Poundland has begun rolling out its new chilled and frozen food offer to another 46 stores as part of its push to have the range in 250 shops by the end of September. It also revealed plans to trial new (more…)
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