Marketing

Promotions account for 40% of all food and drink spending

Promotions ‘have to fall to meet sugar targets’

By Noli Dinkovski

Food and drink promotions will need to reduce if the industry is going to meet sugar reduction targets set by Public Health England (PHE), the boss of a market intelligence firm has warned.

2 Sisters owner Boparan Holdings reported a 17.8% drop in like-for-like operating profit

2 Sisters owner blames ‘tough’ market for profits fall

By Matt Atherton

2 Sisters Food Group’s parent company, Boparan Holdings, reported a 17.8% drop in like-for-like operating profit in its second quarter trading update, blaming currency fluctuations and the “very tough” trading environment.

Hotel Chocolat reported 'stellar growth', according to one analyst

Hotel Chocolat reports ‘stellar growth’

By Michael Stones

Premium confectionery business Hotel Chocolat has reported “stellar growth” in first-half results for its 2016/17 financial year; boosted by strong Christmas sales and continuing store expansion, according to business analyst GlobalData.

Unilever Foods reported sales and profit rises of 3.7% and 1.6% respectively, across the last three months of 2016

Unilever’s food sales and profits rise

By Matt Atherton

Unilever Foods reported a 2.6% rise in underlying profit in its full-year trading update, despite the manufacturer’s operating margin falling 0.3%.

Tesco reported a 1.1% rise in sales in its latest trading update

Tesco fresh food sales drive festive growth

By Matt Atherton

Tesco reported a 1.1% rise in total sales in the 19 weeks to January 7, including a 1.3% rise in like-for-like food sales over the Christmas period.

Boparan Holdings - owner of 2 Sisters - reported a sales boost of 5.1% in its first-quarter trading update

Boparan plans for ‘toughest’ year after sales boost

By Matt Atherton

Boparan Holdings – owner of 2 Sisters Food Group – is preparing for “one of our toughest” years, warned ceo Ranjit Singh, after the food giant’s parent company reported an 11.9% rise in operating profit to £19.8M in the 13 weeks to October 29.

2 Sisters reported 40% increase in profits

2 Sisters owner reports £25M profits jump

By Matt Atherton

2 Sisters’ parent company Boparan Holdings reported a 40% increase in like-for-like operating profit to £25.3M in its fourth-quarter trading update, despite the uncertain market following the Brexit vote.

Better use should be made of sales-out data to help both wholesalers and their suppliers

Sales-out data offers more wholesale potential

By Rick Pendrous

Wholesalers could be making a lot more money from the ‘sales-out’ information they hold by selling this data to suppliers that would also benefit greatly by using it, a specialist in the field has claimed.

Kellogg is moving away from mainly focusing on sales in the major multiples

Kellogg strategy to focus on wholesale price-marked packs

By Rick Pendrous

Kellogg UK has big plans to grow its business within channels, such as the wholesale and convenience sectors, where price-marked packs (PMPs) will form a central part of the cereal, biscuit and crisp giant’s strategy, its sales director for speciality...

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