Despite a few hiccups, Procter & Gamble had a very profitable financial year. The net sales of the group owning Always, Dreft and Pampers added up to $80.2 billion, just over 80 billion euros, compared to $76.1 billion last year. In its annual report, the conglomerate shared that its online sales went up by 11% and already account for 14% of its total sales. To deal with the spiking inflation, the group plans to add more capacity and include AI, digitisation, sustainability and focus on employee value. It will also improve the supply chain and invest more in product innovation. To digitise its processes, P&G will introduce more artificial along with blockchain technology.
Full story: RetailDetail
