COVID-19 latest news from around the world

27 July 2021
Rising COVID-19 cases and self-isolation The Delta variant of COVID-19 has spread rapidly in recent weeks. Businesses have been raising concerns about the increased number of employees being advised to self-isolate for up to 10 days, following notification from the Test and Trace App that they had been in close contact with someone reporting a positive COVID-19 test result. This has created...
27 July 2021
In the second issue of its quarterly ‘Viewpoint’ report , the economics team at IGD focus on the challenges emerging for the food and consumer goods industry as the economy continues to recover. The latest research has highlighted three key themes: 1. Significant risks to the recovery remain Businesses need to remain alert and agile as a number of factors could mean bumps in the road to...
14 July 2021
Following a strong second quarter, PepsiCo has increased its guidance for full year sales growth. We look at how the recovery is shaping up globally and how it expects consumer behaviour to evolve post-pandemic. Convenience and foodservice improving PepsiCo’s organic net revenue increased 12.8% in the quarter, with the business seeing a strong performance across all divisions and regions. H...
13 July 2021
Our industry has seen many significant changes as it has experienced the different phases of the pandemic over the last 18 months. While the crisis continues to be active in many regions, and the risk of variants remains high, many countries are moving into the restart and recovery phase. Against this backdrop, we lay some markers in the sand about what will be the pandemic’s legacies. Asynchr...
06 July 2021
North America’s grocery retailers* added over $100bn in sales last year as the pandemic caused a surge in demand and a shift from out-of-home to at-home dining. We compare this to previous years and identify some of the key winners in 2020. More growth than the previous three years combined Combined sales of over 40 of the region’s largest retailers increased by $103.6bn last year. This i...
05 July 2021
With sales increasing 11% in the second quarter as the company benefitted from a sustained shift to at-home consumption and the recovery of demand from away-from-home customers, McCormick has increased its outlook for the full year. We look at how it plans to capitalise on some of the sector’s key trends to drive growth. Four key trends A decline in consumer segment sales of 2% was a strong...
30 June 2021
Metcash has released its annual results for the year ending 30 April 2021 with sales up 10.1% to AU$16,361.1m and EBIT up 19.9% to AU$401.4m. With sales significantly benefitting from changing shopping habits driven by the pandemic, as well as the retailer's progress against its strategy, we pull out our key learnings from the results and what to expect next. Food sales up 3.1% to AU$9,389.7m ...
02 June 2021
Walmart’s Sam’s Club operation is bringing back its sampling and demo programme, Taste & Tips. This was paused last year for health and safety reasons in response to the COVID-19 pandemic. Key element of the club model The programme will initially return in a limited way, available at weekends only and in limited quantities. New safety measures will be in place, such as sealed samples. Samp...
28 May 2021
One of the major impacts of the COVID-19 pandemic has been the shift of economic activity from major urban, or city centres, into more suburban areas. Over the last year this has been driven by a range of factors including lockdown restrictions, company work from home policies and limited social, sporting and events opportunities. With the crisis easing in many geographies in line with the vac...
20 May 2021
As Target delivered another blockbuster quarter, with sales up over 20%, we look at how improving shopper confidence and mobility is driving its growth. First quarter key numbers Total revenue increased 23.4% to $24.2bn Operating income increased 407% to $2.4bn Comparable sales up 22.9%, with comparable store sales growth of 18.0% and comparable digital sales growth of 50% ...
18 May 2021
Food-to-go, one of the categories hardest hit by changes in shopper behaviour during the pandemic, has become a key battleground for retailer sales growth.  Retailers are facing tough comparatives against the peak sales of April and May last year and are looking for categories that can boost sales to offset those that will lose ground as hospitality reopens. With people already moving around m...
07 May 2021
Walmart is collaborating with Partnership for a Healthier America (PHA) and Higher Ground Productions to launch a new interactive experience that aims to show kids that healthy food can be fun. Inspiring families to cook fresh healthy foods The interactive culinary adventure experience, The Hidden World of Waffles + Mochi, is based on the characters from the Netflix show, Waffles + Mochi. I...
04 May 2021
India’s second wave of COVID-19 infections continue to worsen, with no signs of slowing down.  The country’s overwhelmed healthcare system faces a shortage of hospital beds, oxygen, medicines and vaccines.  This has prompted another round of movement restrictions, with shorter operating hours even for grocery operators and other essential services.  And as more frontline workers report unwell, re...
30 April 2021
Following a strong first quarter, with consolidated net sales up 12.7%, Hershey has raised its outlook for the full financial year. Having initially forecast sales growth of 2-4%, it now expects growth of 4-6%. Source: IGD Research 1. New at-home behaviours are forming new traditions Families continue to embrace the at-home lifestyle, with its brands central to game and movie nights...
29 April 2021
Shopping malls will reduce operating hours in 18 high-risk provinces. The context After a year of relatively minor outbreaks, Thailand is recording its biggest and fastest spread of COVID-19. The number of cases has increased to 61,699, doubling the number since the start of April. There are 178 fatalities. The Thai government has yet to start mass vaccinations. New hours will take effec...
29 April 2021
Woolworths has released Q3 results with sales up 0.4% to AU$16,566m. However, the data shows two distinct trading periods during the quarter with sales heavily impacted in the last six weeks as the retailer starts to cycle COVID-19 trading from 2020. So what have we learnt? Growth ahead of Coles, but not on a two-year basis Although food and liquor sales declined sharply in the final six w...
28 April 2021
As retailers in Australia start to cycle tough comparative trading periods from last year, Coles has reported Q3 sales down 5.1% to AU$8,758m. We pull out our top learnings from the results release and what to expect in Q4. 1. Sales negative, but up 7.2% vs. 2019 and life getting back to normal The impact of COVID-19 was felt differently across the retailers supermarket, liquor and Express ...
27 April 2021
This year, with the government's reopening roadmap on track, the big question for retailers is “ what will be the impact of foodservice reopening? ” In our latest Eating In vs Dining Out report, in collaboration with foodservice consultant Peter Backman, we forecast the size of the UK food and drink market in 2021 and examine how retail and foodservice shares will evolve. The report a...
22 April 2021
We review Metro’s Q2 performance, including strong ecommerce sales, and the outlook as it starts to cycle the surge in demand at the start of the COVID-19 pandemic last year. Second quarter key numbers Total sales increased 5.1% to $4.2bn Food same-store sales up 5.5%, and up 10.1% for the first 10 weeks of the quarter Pharmacy same-store sales down 0.8% Ecommerce sales increase...
20 April 2021
Having delivered a strong first quarter, with net revenues up 5%, The Coca-Cola Company’s chairman and CEO, James Quincey, highlighted the continued uncertainty in the trading environment, driven by the different phases of the pandemic across different markets. Asynchronous recovery When the pandemic struck just over a year ago, most markets went into lockdown simultaneously. While the impa...