Latest news with #Lays
Yahoo
2 days ago
- Business
- Yahoo
Tariff uncertainty is hammering one of America's favorite food escapes — snacks
Tariff uncertainty and inflation are driving consumer decisions at the grocery stores, and for big packaged food companies, one key area is bearing the brunt of these changes: snacking. In its quarterly report released Monday, Campbell's (CPB), which owns snack brands like Goldfish crackers and Cape Cod chips, said that it saw "increased headwinds" in snacking, leading to a 5% decline in volume mix and an 8% decrease in revenue in its fiscal third quarter results. Consumers "are increasingly intentional about the discretionary snack purchases," CEO Mick Beekhuizen told investors on the company's earnings call, a trend that has only gotten worse as the year's gone on. "If you look at the quarter, Q3, and you put it in perspective versus Q2, you see... the aggregate categories deteriorated... driven by the deteriorating consumer confidence," Beekhuizen added. Campbell's is only the latest in a series of packaged food giants to call out a shift in snacking behavior. "Revenue management clearly is becoming more complex," PepsiCo (PEP) CEO Ramon Laguarta told investors on the company's earnings call in late April, "as consumers are feeling more challenged with their disposable income." Laguarta said consumers' approach to shopping changed in the quarter. In early April, consumers were looking to see how much they got per item, and by the end of the month, they were more focused on the "absolute price per unit." Pepsi's snack portfolio includes Frito-Lay brands like Lays, Cheetos, Doritos, and Tostitos, among others. Kraft Heinz's (KHC) portfolio overall — ranging from Jell-O to Lunchables — saw its volume mix drop 5.6 percentage points in the quarter. Kellanova (K), which is behind brands like Cheez-Its and Pringles, saw its volume decline in North America. The company is in the process of being acquired by Mars. The summer months could potentially catalyze a turnaround in consumer habits, with holidays offering what Kraft Heinz CEO Carlos Abrams-River called "volume opportunities" on the company's latest earnings call in late April. Winning holidays is crucial. "Holidays matter... It's like holidays are almost worth double relative to a regular week," Bank of America analyst Peter Galbo told Yahoo Finance. Better weather also plays a key role. For example, if Memorial Day weather isn't very good in much of the country, it can create a "meaningful swing factor" for snacks. If "the weather is bad," Galbo added, "You're not going to have a barbecue, so you don't buy Tostitos or Lays." This snacking slowdown also comes as consumer confidence has fallen sharply, rising in May for the first time all year. At the same time, the US labor market is beginning to show some cracks, with the number of Americans collecting unemployment checks in mid-May standing at the highest in 3.5 years. Uncertainty surrounding tariffs has also weighed on pricing and the consumer outlook. Data from PwC found prices for shelf-stable categories like sauces, pasta, canned beans, and snacks are up 1%-6% over the last week due to the impact of tariffs. Read more: What Trump's tariffs mean for the economy and your wallet From a product packaging and ingredient standpoint, Galbo said he doesn't expect tariffs to impact snacks, which are mostly sourced domestically or from Canada, which is likely exempt as a result of the USMCA. Inflation data out last month showed grocery prices fell 0.4% in April while overall food inflation fell 0.1%, the sharpest drop in both measures since 2020. Still, measures like this year's spike — and then sharp decline — in egg prices show consumers navigating a volatile food pricing environment and acting with caution as they roam the aisles. "Snacking is way more discretionary than we probably all thought it was, as opposed to being a staple," Galbo said. "Which is what these companies were supposed to be." Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on X at @BrookeDiPalma or email her at bdipalma@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Scottish Sun
24-05-2025
- Business
- Scottish Sun
Big discount store selling popular snack everyone loves when on holiday in the UK
A new snack discovery at Home Bargains hints at even more exciting treats to come SNACK ATTACK Big discount store selling popular snack everyone loves when on holiday in the UK A FOODIE has discovered a packet of BBQ-flavoured Lays crisps at their local Home Bargains store, expressing excitement among snack enthusiasts across the UK. Home Bargains, a popular discount retailer, has been expanding its snack offerings, and the introduction of Lays crisps has caught the attention of many. 3 The post quickly garnered attention, with members of the Facebook group sharing their enthusiasm Credit: Extreme Couponing and Bargains UK group/Facebook 3 Several users tagged their friends in the post, saying 'Running' in anticipation of the new snack Credit: Alamy Typically associated with international markets, Lays crisps are now making their way into British stores, much to the delight of fans. The find was shared in the Extreme Couponing and Bargains UK Facebook group, where one user posted: 'Don't know if anyone has posted this before but Home Bargains are doing Lays crisps.' The post quickly garnered attention, with members of the Facebook group sharing their enthusiasm. One user commented: 'Oh yep just had some sour cream and chive ones for lunch, yum yum.' Another added: 'My favourite when I'm abroad lol.' Others expressed their fondness for the brand, noting: 'Love Lays, Walkers from a different country,' and 'Oh these are amazing how much.' The excitement didn't stop there. Several users tagged their friends in the post, saying 'Running' in anticipation of the new snack. This surge of interest highlights the growing trend of international snack brands gaining popularity in the UK market. In a recent comparison of discount retailers, Home Bargains often offers lower prices on everyday essentials, including snacks like crisps. Walkers confirm they've discontinued fan favourite flavour For instance, a six-pack of Walkers crisps was priced at £1.95 in both Home Bargains and B&M, compared to £2.20 at Morrisons. The arrival of Lays crisps in UK stores is part of a broader trend of international snack brands making their mark in the British market. As consumers continue to seek new and exciting flavours, retailers like Home Bargains are responding by expanding their product ranges to include popular international brands.
Buzz Feed
11-05-2025
- Business
- Buzz Feed
US Products With Bizarre Names In Other Countries
There are tons of US products and brands that we know like the back of our hand in the States. Well, what if I told you that, abroad, those same famous products and brands went by different names? Here are 22 US products with different names abroad: Lays are called "Walkers" in the United Kingdom and Ireland Named after the British manufacturer, Walkers Snack Foods Limited, the tasty snack still proves you can't eat just one. Sour Patch Kids are called "Very Bad Kids" in France Pronounced "Petits Chéris" if you speak French. Oui or no? Mr. Clean is "Mr. Proper" in England Mr. Proper deserves a holiday and a biscuit after a knackered day on the job. Burger King is called "Hungry Jack's" in Australia Named after the Australian franchise owner, Jack Cowin. In a way, he's the "Australian Burger King." Kraft Mac & Cheese is simply "Kraft Dinner" in Canada Younger me would average four "Kraft Dinners" a week. DiGiorno is called "Delissio" in Canada Adding an extra "S" to the brand name, delisio means "delicious" in Italian. Dove Chocolate is called "Galaxy" in other countries like the United Kingdom, Ireland, India, and the Middle East. It would make sense that the company Mars, Incorporated would stick to "space-themed" brand names. Axe is called "Lynx" in other places, such as the United Kingdom, Ireland, Australia, and New Zealand. If you ask me, Lynx sounds cooler, but whatever helps sales. You do you, Axe. Cool Ranch Doritos are called "Cool American" in certain European countries. 😎 American. Campbell's is called "Batchelors Condensed Soup" in the United Kingdom and Ireland. A licensing expiration led to the name change, despite it still being called "Campbell's" here in the States. Smarties are called "Rockets" in Canada. Canada has a candy similar to M&M's called "Smarties." So the name change makes sense to avoid any confusion. Imagine expecting chocolate and getting a roll of these little guys. A 3 Musketeers bar is called a "Milky Way" in a Milky Way bar is called a "Mars" bar. My brain hurts (lol). Always brand pads are called "Whisper" in countries like Australia. Stay happy, Always...I mean, Whisper. Frosted Flakes are called "Frosties" in most of Europe They're more than good. They're blooooody brilliant! Olay has gone by various names globally, including "Oil of Ulan" (Australia) and "Oil of Ulay" (UK). It was also called "Oil of Ulaz" in some European countries. Starburst are called Opal Fruits in the United Kingdom. Fun fact, Opal Fruits came first in the UK! They went global in the late '80s with the rebranded name "Starburst." Diet Coke is known as "Coca-Cola Lite" in a number of European countries, including Italy. Are you a "diet" or a "lite" person? Tide is called "Ace" in Latin America. Short and sweet. Other names include Daz (UK) and Vizir (parts of Europe). KFC is called "PFK" in Canada. PFK stands for Poulet Frit Kentucky, which is simply the French translation of Kentucky Fried Chicken. Budweiser is simply called "Bud" in most parts of Europe And no one was the -weiser. *Pauses for an eruption of laughter.* Finally, TJ Maxx is called TK Maxx in the United Kingdom and Australia. The retail chain TJ Hughes already existed, so it's easy to understand why the name was changed to avoid confusion. Can you think of any products or brands that are named differently in other countries? Comment below!
Indianapolis Star
08-05-2025
- Indianapolis Star
Fish oil, bacon, cat food: The items a now ex-MCSO deputy is accused of stealing
A Marion County Sheriff's Office (MCSO) deputy was arrested for continuously shoplifting from an east-side Walmart while either in uniform or using an official vehicle. The deputy was observed multiple times on video not scanning items at self-checkouts and was detained after one incident. Timothy Beavo, 61, has been charged by the Marion County Prosecutor's Office with six counts of theft and three counts of official misconduct. Now an ex-deputy, the Marion County Sheriff's Office confirmed with IndyStar that Beavo has been terminated, and a status of counsel hearing for his case is set for June 18, 2025. At 3:05 p.m., on March 30, a Cloverdale police officer was working off-duty employment in uniform at the Walmart, 10671 East Washington St., when an asset protection investigator alerted him about a man stealing in the store. The deputy, who was not in uniform at the time, had skipped certain items in his cart while using self-checkout. The officer and investigator watched the store's camera systems and saw that while scanning items, the deputy set off the system's AI theft detection, which paused the transaction. After a Walmart employee cleared the pause, the deputy finished a first transaction before starting another. He scanned one bottle of fish oil but didn't scan another one, placing both items into a Walmart bag. The supplements were recovered, totaling $14.54. Beavo was banned from all Walmart, Sam's Club, and Murphy Gas Station locations, but no charges were filed due to the low amount of the purchase. The next day, it was revealed through still photos, videos, and receipts that more items weren't scanned, including a package of light bulbs that cost $8.97. That's when an investigation was launched into past times Beavo had visited the store. The investigation uncovered several instances dating back to Feb. 13 when police say Beavo failed to scan several items, including Coffee Mate creamer, thick-cut bacon, cat food, Lays potato chips, cat food and greeting cards. In several of those store visits, he was in uniform and was using his department-issued vehicle. IMPD: Veteran IMPD officer resigns from department after being charged for shoplifting at Target During a taped interview of Beavo on April 1, the ex-deputy stated several times that he might have forgotten to scan items, but the register did not indicate anything was wrong; otherwise, he would have paid for the items on March 30. According to a probable cause affidavit for his arrest, he told law enforcement that he did not remember taking any other items before March 30 and did not recall a second transaction on March 30 where he's accused of failing to pay for some light bulbs. 'A community's loss of trust in a law enforcement officer must be dealt with administratively, and if necessary, criminally," Sheriff Kerry Forestal said in a statement to IndyStar. "MCSO voiced our strong support in charging Beavo with official misconduct in addition to theft, as he was in uniform three of the nine times he allegedly shoplifted." Beavo had been an employee since 2002. According to online records, Beavo's salary with the Marion County Sheriff's Office was $84,935 last year. He was placed on administrative leave and stripped of law enforcement powers while the sheriff's office investigated. Three days later, on April 2, 2025, Beavo's employment was terminated.
Metro
06-05-2025
- Business
- Metro
Mega new supermarket is launching in UK that's like ‘Tesco and Amazon combined'
From Tesco to M&S, Sainsbury's and Aldi, we're not exactly short of places to do the weekly shop here in the UK. But another major retailer is keen to enter the market and is currently trialling an online grocery service in London. Jingdong or which is being called Joybuy in the UK, is China's biggest retailer by revenue serving nearly 600 million customers globally and it prides itself on offering speedy same-day or next-day delivery. The company's new website is being test-launched in England's capital, selling everything from food essentials, frozen products, furniture and laundry care to cigarettes, clothing and wellness items. Various big brands are featured on the website, including Bonne Maman, Green & Black's, Cadbury, Guinness, Heinz and even Chanel. They also offer unique items imported from other countries that might not commonly be found in other UK shops, including Haw Fruit Cake, a Chinese snack made from hawthorn fruit, as well as various flavours of Lays potato chips, including lime and spicy soy pancake. And while the retailer looks set to rival other supermarkets, interestingly it seems to be working in partnership with Morrisons, as a number of the retailer's products are listed for sale on Joybuy, including The Best pizzas, toiletries and packs of frozen berries. Online, it's been likened to a hybrid of two of the UK's biggest retailers, by food policy specialist, Gavin Wren. Speaking in a TikTok video about Joybuy, Gavin said: 'They've got the largest delivery fulfilment infrastructure, i.e. delivery network, of any e-commerce company in China. These are big numbers and they get 90% of their orders to customers either same-day or next-day. 'It's like Tesco but with Amazon Prime delivery.' As well as the speedy delivery times and free shipping on the first three orders a customer makes, Joybuy is also running 'flash sales' and offering limited-time discounts which have countdown timers. Current deals highlighted on the Joybuy website include a five-pack of Cadbury Creme eggs for 75p (was £4), a pack of Fox's Party Ring Biscuits for 70p (was 90p), and a 370g jar of Bonne Maman Raspberry Conserve for £2.99 instead of £3.45. There are also sections on the website titled 'reduced to clear' which is said to include 'limited stock at low prices – when they're gone, they're gone' and 'all under £5' which boasts 'Joybuy exclusives'. Joybuy: £2.99 (reduced from £3.45) Tesco: £3.30 Sainsbury's: £3.30 Waitrose: £2.70 (reduced from £3.30) Morrisons: £3.59 Asda: £2.48 (reduced from £3.28) Joybuy: £1.75 Tesco: £1.75 (out of stock online) Sainsbury's: £1.50 Waitrose: Not listed for sale online, but other Cadbury Buttons pouches are £1.90 Morrisons: £1.75 Asda: £1.74 (out of stock online) Joybuy: £2.75 Tesco: £2.75 Sainsbury's: £2.75 Waitrose: £3.50 Morrisons: £2.75 Asda: £2.74 Joybuy: £3.40 Tesco: £2.80 Sainsbury's: £2.50 Waitrose: £3 Morrisons: £2.28 (reduced from £2.48) Asda: £2.48 (reduced from £2.75) Joybuy: £10 Tesco: £9 (out of stock online) Sainsbury's: Same product not available but similar items cost £10 Waitrose: £10 Morrisons: £10 Asda: £6.98 (reduced from £7.48, but out of stock online) Joybuy: £2.95 Tesco: £2.95 Sainsbury's: £2.95 Waitrose: £3.30 Morrisons: £2.95 Asda: £2.76 (reduced from £2.95) While there are a great deal of products on Joybuy, you can't currently buy everything you might need for your weekly shop, with no milk available on the site and no eggs or butter either. There also doesn't seem to be any fresh fruit or vegetables listed for sale at the time of writing. More Trending Joybuy's website states: 'Joybuy is European full-category online retail brand designed to bring customers a faster, more convenient, and cost-effective shopping experience. Offering same-day and next-day delivery across the UK, Joybuy combines speed, reliability, and affordability to meet the needs of modern shoppers.' Currently the website is only available for shopping in certain parts of London, but more cities are thought to be coming soon. View More » The company has said it's in a 'testing phase' in the UK, but is planning an official launch of its platform here by the end of 2025. Do you have a story to share? Get in touch by emailing MetroLifestyleTeam@ MORE: Emotional residents reveal 'horror' living conditions inside London housing estate – 'We are not safe' MORE: Sainsbury's customers 'deeply resent' upgrade to self-service checkouts MORE: VE Day 2025: Map shows the UK landmarks that will be lit up tonight
