Coronavirus (COVID-19):
latest news from around the world


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06 May 2020
French retailer Intermarché it set to open five production lines dedicated to face masks at one of its private label manufactures. Face masks to be part of the ‘new normal’ The French government made a series of announcement at the end of April and in early May regarding the end of the lockdown and the use of face masks by the general public: Face masks will be mandatory for users of ...
06 May 2020
On 17 April, Thai Prime Minister Prayut Chan-o-cha wrote an open letter to the country's 20 richest people to help in addressing the economic impact due to the COVID-19 outbreak. Central Group responds with new initiatives to support the society and economy. New projects launched under three pillars Tos Chirathivat, Executive Chairman and CEO of Central Group acknowledged that the COVID-19 ...
05 May 2020
As several retailers start to limit meat purchases, we look at how the supply chain is responding. Aiming to limit stocking-up Costco, Kroger and Albertsons are among several major US food retailers that have started to limit the number of meat purchases customers can make. In many chains, customers are being limited to two or three items. Although there does not appear to be an issue with ...
05 May 2020
A.S. Watson has converted part of a water plant into a face mask production line in Tai Po, New Territories, Hong Kong, responding to high demand for masks following the outbreak of COVID-19. Capacity for 10m face masks a month From mid-May, A.S. Watson will sell three-layer, bacterial-filtering face masks priced at HKD79.9 (US$10) per box of 30 at its Watsons stores and online in Hong Kong...
05 May 2020
Spain-based DIA has introduced an initiative to support food and safety in 2020. Separately, the group offers other initiatives to help different segments of the community facing up to the effects of the coronavirus pandemic. Social support initiatives DIA has launched a social support programme called DIA Contribuye 2020. The retailer has invested €1m to support vulnerable groups during th...
05 May 2020
The Co-op is rapidly accelerating its online expansion to more than double the number of stores planned as it adapts to changing shopper demands caused by the coronavirus crisis. The same-day service was initially trialled at a London store in March 2019, and by the end of 2019 had rolled out to 23 central London and Manchester hub stores.  In parallel, Co-op also developed its online de...
04 May 2020
We look at how Colgate-Palmolive (Colpal) is being impacted globally by the coronavirus pandemic. 1. Uncertainty on sales and profitability through 2020 Colpal’s first quarter organic sales increased 7.5%, driven by the surge in consumer demand. However, the company expects some of the additional volume in certain categories to impact sales growth in future quarters. Along with stay-at-home...
03 May 2020
In this regularly updated article, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: Grocery sales growth slows to 5.5% in April:  New data from Kantar  reveals a slowdown in grocery market growth from 20.6% in March to 5.5% over the four weeks to April 19th as consumers settle into life under lockdown. Multiples update: Sain...
01 May 2020
We look at The Kellogg Company’s first quarter performance, the impact on its breakfast portfolio and what it expects in the second half of the year. Kellogg is another major CPG that was going into the pandemic following a major restructure of its commercial operations, with a new commercial strategy, Deploy for Growth. The words of chairman and chief executive office, Steven Cahillane, paint...
01 May 2020
Less than a year after closing its online operations in Brazil, DIA has partnered with online food deliverer iFood to reintroduce a delivery service in the country. Similarly, in Argentina it has partnered with Pedidos Ya (Order Now) and Glovo, to cope with overwhelming demand for deliveries as a result of the lockdown. Latest DIA store design in São Paulo, Brazil Source: IGD Resea...
01 May 2020
This week three global food-to-go brands announced quarterly results, the first results to include the global impact of coronavirus (COVID-19). Starbucks In its financial results for the 13-week second quarter ended March 29, Starbucks reported that global sales and profits had been hit by the impacts of coronavirus causing a 5% decline in revenue vs last year. Q2 summary: Globa...
01 May 2020
As Russian discounter, Mere, plans to enter several European markets, we look at whether the hard discount model could make a comeback in a post-coronavirus world. Russian hard discounter, Mere, sets to expand in Europe Mere announced the opening of its third store in Germany, in the city of Halle. The discounter, part of Siberian group Torgservis, entered Germany in 2019 with the promise...
01 May 2020
Amazon's net sales increased by 26% year-on-year (YoY) to $75.5bn, but operating income decreased (9.8) % to $4.0bn for the first quarter (ended March 31). Strong performance from Whole Foods Market Sales from Whole Foods physical stores were $4.6bn, up 8% (YoY), excluding online sales which surged in March, as shoppers stocked up on products. To put the performance in context, 1% has been ...
01 May 2020
As it reported like-for-like sales growth of 13.3% in its first quarter, Reckitt Benckiser underlined the challenges the business faces in terms of demand planning and understanding whether the buying habits it has seen will continue in the short term. Unclear whether buying will be maintained in rest of 2020 Although the company was able to report strong sales growth across most geographie...
30 April 2020
We review Kraft Heinz’s first quarter performance and the plans it’s making in response to the coronavirus pandemic. 1. At-home growth offset foodservice reductions Organic net sales increased 6.2% (excluding the impact of currency and divestments), driven by increased spending related to COVID-19. Growth in at-home consumption more than offset an unfavourable impact from retail inventory r...
30 April 2020
Tesco Ireland confirmed the expansion of its Click and Collect service to 10 locations across different counties, amid the Coronavirus (COVID-19) pandemic. Five new locations + expanded slots at five existing locations The brand new collection points are Bailieborough in Cavan, Ballincollig in Cork, Galway Shopping Centre, Headford Road and Ballinasloe in Galway, Clonmel and Nenagh in Tippe...
30 April 2020
Sainsbury's has announced that profits could be hit by £500m in the year ahead as it takes on costs from the COVID-19 crisis. However the group's ability to weather the storm is strengthened by encouraging full year results for 2019, including seen steady improvements in grocery sales since last year's strategy update.   COVID-19 impact update Sainsbury's base case modelling assumes loc...
30 April 2020
We look at how retailers in Portugal are implementing measures to ensure everyone has access to products, as they respond to the coronavirus pandemic. Continente Sonae MC-owned Continente has announced it continues to support shoppers by improving its contingency plan. The group has improved its response capacity in all grocery stores and is increasing communication between all stakeholders...
30 April 2020
We review Loblaw’s Q1 performance as it adjusts to the new trading conditions and assess its long-term strategies against the key emerging trends. 1. Sales gain of over $750m due to the pandemic Loblaw’s first quarter retail revenue increased by 10.8% to $11.6bn, with the retailer estimating that excluding the impact of the coronavirus (COVID-19) pandemic, revenue would have increased 3.5%....
29 April 2020
We look at the actions Mondelez International is taking to emerge stronger from the pandemic. China bounce-back - the speed of the recovery of its business in China has provided the company with a blueprint that it wants to replicate in other emerging markets. The business delivered growth in the quarter and gained share, based on the strength of its local team, fast-decision making and s...