North America news & analysis

09 April 2021
Conagra Brands delivered a strong third quarter performance with net sales up 8.5% to $2.8bn and net income up 37.8% to $281.4m. Although the outlook for COVID-19 is improving in many regions, including enhanced mobility, the company expects demand for food-at-home to remain elevated, underpinning future growth. Four years’ worth of incremental new buyers Given the unprecedented trialling o...
07 April 2021
Walmart has appointed Jean Batthany as senior vice president, chief creative officer, further bolstering its US marketing team. Building a new marketing organisation This appointment follows on from the recruitment earlier this year of Courtney Carlson as senior vice president of marketing, joining the retailer from Under Arrmour where she held the role of head of marketing. Batthany joins ...
07 April 2021
2020 marked the end of the three year strategic plan, Restock Kroger. It enabled Kroger to reduce operating costs and strengthen its competitive moats including digital, shopper data, fresh and affordable food.  The retailer has now outlined how it plans to win by leading with fresh and accelerating with digital as part of its new future-focused strategy. Leading with fresh One of Kroger’s ...
31 March 2021
Following a strong first quarter, with sales up 22% and operating income up 35% year-on-year, McCormick has increased its sales outlook to expected growth of 8-10%. The strong performance reflects its efforts to capitalise on four accelerating consumer trends which the company expects to persist beyond the pandemic. 1. A continued sustained consumer preference for cooking more at home, includi...
30 March 2021
Saladworks, a leading fast-casual salad brand, has partnered with Ghost Kitchen Brands in a deal that will almost double its footprint across the US and Canada. The agreement will bring 60 non-traditional locations to the US and 30 to Canada by the end of 2021, many of which will be located inside Walmart stores. Saladworks capitalising on grocery store traffic Ghost Kitchen Brands has part...
30 March 2021
Albertsons, the third-largest US grocery retailer, is partnering with Google to bring innovative technology to the omnichannel customer experience. Developing “the world’s most predictive grocery engine” Building on their existing relationship, the companies have launched several new enhancements which are designed to make the shopping experience easier and more exciting. These include inte...
29 March 2021
With at-home demand remaining elevated and most retailers picking online orders from stores, the centre store is under pressure for the first time in many years. We look at how retailers are responding to this and what the longer term implications could be. Retailers and suppliers are generating positive returns as they implement omnichannel-focused initiatives. In our latest report for Retail...
25 March 2021
As General Mills reports a strong third quarter, with net sales up 8% to $4.5bn and operating profit up 27% to $827m, we look at how it plans to introduce a two-year growth metric to benchmark its performance as it annualises pandemic-driven growth. Better visibility into the underlying momentum of the business Looking ahead to Q4, General Mills will be competing against pandemic-driven gro...
24 March 2021
7-Eleven has opened its third Evolution Store in Dallas and sixth in the U.S. This time, the store is connected to Laredo Taco Company and features a drive-through concept. 7-Eleven's sixth Evolution Store  Source: 7-Eleven / M Booth The store serves tacos on handmade tortillas with chorizo, barbacoa, and carnitas. More than 30 drink options are also available, including Slurpees an...
23 March 2021
Albertsons’ president and CEO, Vivek Sankaran, recently spoke at Citi’s Retail Madness Virtual Conference. We look at how the third largest US grocery retailer is adapting in 2021 after a year of significant change and the rise of a more digitally engaged consumer base. 1. Economic resilience has shifted earlier expectations of a tough trading environment The pandemic accelerated business t...