UK:ULVR

A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split. PepsiCo said that it had decided to stop supplying the chain’s European stores because the two sides hadn’t reached an agreement on a new contract. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split. PepsiCo said…

The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

Conny Braams will step down after 33 years with the consumer-goods company known for attaching its products to social or environmental causes. Her departure comes amid big changes in Unilever’s C-suite. Conny Braams will step down after 33 years with the consumer-goods company known for attaching its products to social or environmental causes. Her departure comes amid big changes in Unilever’s C-suite. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic…

Makers of everyday household goods say consumers are sticking with them despite double-digit price increases.  A raft of American and European companies producing packaged food and other staples such as tissues and cleaning products have reported results over the past week or so, and the results are encouraging. The latest was Colgate-Palmolive on Friday, which said organic sales—a key industry metric that strips out the impacts of currency fluctuations, acquisitions and divestitures—rose 10% from a…

Want to try a four-day workweek? Put this on the boss’s desk.A large majority of U.K. companies participating in a test of a four-day workweek said they would stick with it after logging sharp drops in worker turnover and absenteeism while largely maintaining productivity during the six-month study. In one of the largest trials of a four-day week to date, 61 British businesses ranging from banks to fast-food restaurants to marketing agencies gave their 2,900 workers a paid day off a week to see whether they could get just…

Unilever is looking to boost growth across its sprawling portfolio, while grappling with rising input costs and changing consumer trends. Photo: Lauren Fleishman for The Wall Street Journal…

Supermarkets are doubling down on their in-house product lines, seeking to capitalize on the disposable-income squeeze that is hitting consumers. Sales of private-label products, which are typically cheaper than brand-name equivalents, have surged in recent months as shoppers look for ways to economize amid soaring inflation. Supermarkets are doubling down on their in-house product lines, seeking to capitalize on the disposable-income squeeze that is hitting consumers. Sales of…

LONDON— Unilever UL -0.71% PLC raised its full-year sales forecast after the consumer-products giant pushed through record price increases of 12.5% in the third quarter. The maker of Dove soap and Ben & Jerry’s ice cream on Thursday reported a 10.6% rise in underlying sales growth for the quarter, driven by higher selling prices, with sales volumes declining 1.6%. Companies across the consumer-goods industry are raising…

LONDON— Unilever UL -3.96% PLC said Chief Executive Officer Alan Jope plans to retire at the end of next year, signaling an end to what has been a challenging tenure at the helm of the maker of Dove soap and Ben & Jerry’s ice cream.The London-based consumer-goods giant said Monday that it would conduct a formal search for a successor and consider both internal and external candidates. The CEO change comes as Unilever seeks to…

A judge denied a court petition by Ben & Jerry’s independent board members that sought to stop parent Unilever UL -0.95% PLC from transferring assets to a local licensee in Israel—a setback for the ice cream brand in an unusual legal fight between a wholly owned subsidiary and its corporate owner. A judge for the Southern District of New York ruled Monday that Ben & Jerry’s had failed to demonstrate irreparable harm in its…