North America news & analysis

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...
23 March 2021
Loblaw is making a series of leadership changes as its parent company, George Weston Limited, launches a process to sell Weston Foods, to focus its efforts on its retail and real estate businesses. Galen G Weston returns as president The key change at Loblaw sees the retirement of president, Sarah Davis. She will be succeeded by executive chairman, Galen G Weston, who will become chairman a...
23 March 2021
We look at three key takeaways from The Food Institute’s ESG (environmental, social and governance) best practice webinar, which was held in February 2021. We also consider how retailers and suppliers could apply these learning to their organisations. The webinar hosted presentations from William Hughes, Mazars’ sustainability services lead, Talita Ramos Erickson, Barilla Group’s general couns...
22 March 2021
Ahold Delhaize’s The GIANT Company has opened its new urban-focused flagship in Philadelphia. We look at how the retailer has developed an innovative format for this city-centre location. A store for the community The 65,000 sq ft store is located on the second floor of a 25-floor residential tower in the heart of the city. Overlooking the Schuylkill River, the store is the centre-piece of ...
22 March 2021
Walmart is opening its third-party online marketplace to international suppliers, supporting its plans to significantly extend its range of products and improve ecommerce profitability. Verification of sellers As reported by Bloomberg, Walmart will open the Walmart.com marketplace to companies based outside of the US. While sellers will no longer require a domestic address or business tax i...
22 March 2021
We review Couche-Tard’s third quarter performance and growth strategies. Key numbers Total revenue down 20.8% to $13.2bn YoY Merchandise and service revenues up 5.6% to $4.5bn YoY Road transportation fuel revenues down 29.7% to $8.5bn YoY Other revenue down 40.9% to $148m Same-store merchandise sales up 4.7% in Canada, 2.9% in the US and 2.8% in Europe and other re...
17 March 2021
As Sobeys’ parent organisation, the Empire Company Limited, signs an agreement to purchase 51% of Longo’s, a leading food retailer in the Greater Toronto Area (GTA), we look at what this means for the wider business. Potential to acquire the entire business With 36 locations in the GTA and Southwestern Ontario, along with a long-standing online business, Grocery Gateway, Longo’s has long be...
16 March 2021
We look at how US food and drugstore retailers are playing a pivotal role in the distribution of COVID-19 vaccines across the country as part of the Federal Retail Pharmacy Program (FRPP). Vaccine distribution exceeds over 71m people With over 71m people having received at least one vaccine dose, representing over 20% of the population, the US has made significant progress with its distribu...
12 March 2021
With Q2 delivering a 5% increase in organic net sales and market share gains, we look at how the Campbell Soup Company (Campbells) plans to sustain its performance as the COVID-19 pandemic eases. 1. Building on earlier momentum in its snacks business Like many large CPGs, Campbells had a turnaround plan in progress ahead of the pandemic. This had helped to fuel growth within it snacks busin...
11 March 2021
We review Sobeys’ third quarter performance, and the factors underlying its continued strong performance, including its focus on data and analytics and strategic investments into the discount, supermarket and ecommerce channels. Key numbers Q3: Total sales increased by 9.7% to $7.0bn Same-store sales increased 10.7% Ecommerce sales increased 315% Net earnings increased 46.3% to ...