HJ Heinz wants to sell off its seafood and frozen-food business, which employs 2,300 people in the UK and Ireland. The company is aiming to slash its total number of brands by half to focus on core lines such as ketchup and meals. Earlier this week, Unilever announced it would divest its Birds Eye frozen-foods division.
At the end of every week, we look at the key stories, offering our view on what they mean for you and the industry. From the impact of marketing budgets being cut to the value of longevity, it’s been a busy week. Here is my take.
Netflix says it will stop reporting subscription numbers, instead looking at engagement as a key indicator of customer satisfaction and the future strength of the business.
‘That’s why mums go to Iceland’ has been a long-running slogan for the retailer, but it has been tweaked to reflect “all aspects” of its consumer base, its chairman says.
In a bid to create best-in-class teams, how are marketers striking the balance between rewarding existing talent and bringing in new blood?