Cost to serve news

07 March 2016
P&G has sold a number of its beauty brands to rival Henkel. Generating $100m in sales The deal, which is subject to regulatory approval, sees P&G sell some of its hair care brands to Henkel. Among the brands are Blendax, Shamtu and Pert and the deal focuses on entry-level price shampoos.  Last year, the brands generated sales of $100m, primarily in Africa, the Middle East and Europe. ...
02 March 2016
Distribution business Culina Group has acquired Chester-based Great Bear Distribution for an undisclosed fee.  The move reflects Culina’s continued desire to expand its ambient network, having traditionally focussed on temperature controlled facilities. A growing business Since it was formed in 1994, Culina has grown rapidly, both organically and through purchasing a number of business...
16 February 2016
Lidl has announced plans to open its new Lithuanian distribution centre (DC) in April. €30m facility Following the completion of a new DC in Ramuciai, Lithuania, Lidl has announced that it will open in mid-April. The 42,000 sq m facility is near the southern city of Kaunas and 100km from the country’s capital, Vilnius, with good road links to the rest of the country. The new €30m site w...
09 February 2016
Arla is restructuring global operations with the introduction of new global Executive Management Team to help it deliver its 'Good Growth Strategy 2020'. New head of UK operations Designed to deliver and execute Arla's 2020 strategy, the new Executive Management Team consists of seven members with former UK head, Peter Gi?rtz-Carlsen, promoted to Head of Europe. Tomas Pietrangeli, who cu...
02 February 2016
Sainsbury's has reached agreement on terms for a possible acquisition of Home Retail Group that values the Argos owner at £1.1bn. Sainsbury's now has three weeks to complete due diligence and make a formal offer for HRG or walk away from the deal. Sainsbury's sees the acquisition of Argos as a means to accelerate its multichannel and general merchandise strategy while also creating a more compell...
27 January 2016
Britvic has released its Q1 trading statement for the 12 weeks to 20 December 2015 – reporting a 4.8% increase in revenue against last year. Overall revenue up Britvic has revealed encouraging Q1 results despite revenue declining 1.2% in the UK. Overall revenue was £311.6m, 4.8% up on last year and highlights a strong Christmas period for the soft drinks supplier. Ireland revenue increased ...
19 January 2016
Finnish retailer, Kesko, has invested in its non-food business by buying Onninen, a building and electrical products and services company. €369m deal The deal, which is worth €369m, involves Kesko taking full control of Onninen’s building products, electrical products and services. The retailer has stated that it expects to generate savings of €30m through synergies between the companies...
19 January 2016
Ahold is transferring warehouse operations in Western New York (WNY), USA, to C&S Wholesale Grocers, according to reports. Streamlining operations Ahold currently operates distribution centres in Lancaster and Cheektowoga, but has decided to outsource all activity from these sites, transferring it to C&S Wholesale Grocer, in a move that will help the retailer streamline operations. The Lanc...
14 January 2016
Tesco has released an impressive set of Christmas numbers with LFL growth of 1.3% and Group ahead by 2.1%. Range resets and strong availability make the difference The UK figures are a major improvement on Q3 when group LFLs dipped to -0.5%, pulled down by Tesco's decision not to repeat unprofitable nationwide couponing activity.  The improved trading result reflects progress made i...
08 December 2015
Morrisons has chosen a telematics solution from Microlise to optimise its HGVs (heavy goods vehicles). 545 vehicles deployed The Microlise telematics solution is based on the company’s fleet performace and journey management products and has already been deployed across a fleet of 545 HGVs, less than six weeks after the two companies reached an agreement. The solution is also integrated to ...