Talking Retail
You are in: Talking Retail > Top 100 Brand Profiles






Search

Question:
Is Tesco right to boycott Zimbabwean goods?


Yes
No


Polls Archive
Login

Register for free to apply for giveaways, email newsletters and keyword alerts.

email address:

password:

Remember me.

Forgotten password?

28 Feb 2008

Print Email

Heinz Soup

Read more about
Source : Checkout Nielsen Top 100 Grocery Brands

Position: 24

Heinz souped up its product range in 2007 with new varieties, enhanced recipes and redesigned packaging. The result? Sales rose 12.5% to £177.3m compared to £157.5m the previous year.

Heinz soups
Heinz soups

It invested heavily in new product development with the launch of three new ranges: Heinz Farmers' Market, Heinz Taste of Home and Heinz Soups of the World.

“Soup fits perfectly with changing consumer needs and research clearly shows there's scope to introduce some big, innovative new ranges to develop the total market and raise the bar for driving growth,” comments Heinz Soup marketing manager Matthew Cullum.

“Heinz is renowned for offering high quality soup in the traditional sense but the launch of Heinz Farmers' Market, Heinz Taste of Home and Heinz Soups of the World has attracted new consumers by offering something a little different, indeed over 50% of all our new product sales have been incremental to the category.

“Certainly results to date are extremely encouraging with our NPD achieving a 10% share of wet ambient soup only 12 weeks after launch. On the back of this Heinz soup has driven growth not only of its own brands (+19%) but the category as a whole (+13%).”

Heinz soup has invested £7m in new varieties, enhanced recipes and redesigned packaging in a bid to drive soup category growth. The £3.5m investment in the three new ranges is part of this.

Cans are still far and away the most popular format in which to purchase soup with 95.8% of all wet ambient product sold in cans.

2007 £177.3m
2006 £157.5m
yoy change 12.5%

 Email this to a friend

 style=
 
HAVE YOUR SAY
We encourage users to analyse, comment on and even challenge TalkingRetail articles.
 
Name
Receive email when a new comment is made on this story
Email address
Comment

User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site.

Your email address will not be published on TalkingRetail.com

Want more stories delivered to your inbox?
Then sign up here for our weekly newsletter.

Email Small Delicious Icon  Delicious Small StumbleUpon Icon  Stumble Upon Small Facebook Icon Facebook Small Google Icon Google Bookmark
Back to Top
Back to Top
 


Home | News | Product News | Top 100 Grocery Brands | Retail Jobs | Talking Points | Awards | Events | Register | About Us | Advertising | Sitemap | Independent | Giveaways
Terms of Use | Privacy Policy

Media House, Azalea Drive, Swanley, Kent. BR8 8HY | Tel: +44 (0) 1322 660070 | Email: info@TalkingRetail.com