USA news

30 July 2021
Amazon's net sales increased by 27% year-on-year (YoY) to US$113.1 bn, with operating income rising by 33% to US$7.7 bn. Rate of growth slowing Despite the strong sales growth, the rate was down on the 44% increase seen in Q1 this year. Amazon’s international segment grew 36% YoY, compared to North America which grew 22%. North America is still the dominant market, with sales accounting ...
29 July 2021
Wawa, headquartered in Pennsylvania, trades nearly 900 convenience stores in the U.S and posts annual sales of over US$12bn. We highlight its four key strengths and areas to watch. 1) A destination for fresh food Wawa began as a dairy business going back more than 100 years. This background has shaped the retailer’s commitment to delivering fresh food, a category that Wawa is now famous for...
27 July 2021
Unilever has reported strong half year results. Its performance was driven by out of home food, prestige beauty and ecommerce. However, the company expects H2 to be challenging, due to the acceleration of cost inflation, driven by rising prices for raw materials and freight. Strong performance driven by changing dynamics The first half of the year marked a shift in terms of Unilever’s perfo...
26 July 2021
Earlier this year we published our five trends to watch in North America in 2021. We review our predictions and highlight what’s happened and why we’ve had to revise our outlook. Pandemic duration beyond our initial expectations The first half of the year has progressed broadly in line with our expectations, outlined in our report, North America strategic outlook 2021 . However, the du...
22 July 2021
Leading quick commerce company, Instacart, and micro-fulfillment company, Fabric, are partnering to bring automated technology solutions to retailers in the US and Canada. Combining technologies to offer new services The multi-year strategic partnership positions Fabric as Instacart’s fulfilment automation partner. The plan is to combine the technologies of both companies to offer a new eco...
21 July 2021
Retail partnerships have been one of the key trends in retail over the last year as companies aim to optimise the high traffic locations of leading retailers, given the challenges that shopping centres and non-essential retailers have faced during lockdowns. Originally announced last year, Target and Ulta Beauty are set to launch their store-in-store concept in August. We look at how they aim to ...
21 July 2021
Albertsons is partnering with Uber to offer on-demand and scheduled grocery delivery from 1,200 of the retailer’s stores. Greater reliance on third-party delivery partnerships This partnership builds on a deal Albertsons signed with DoorDash last month as it continues to drive its ecommerce business. Last year, the retailer saw its digital sales increase 258%. It invested over $300m to ...
19 July 2021
Having undertaken three major divestments in the last year and digital growth set to outpace sales through physical formats, a very different Walmart will emerge over the next five years. We highlight the five major changes to plan for. Business in transformation Walmart is the world's largest retailer, with activities spanning North America, Latin America, Asia and Africa. It has emerged a...
16 July 2021
Lidl and Kaufland’s parent company, Schwarz Group, has released its 2020/21 financial results. The group enjoyed strong growth of 9.6%, taking its total sales to €125.3 bn. Lidl continues to drive the group’s sales, advancing by 9.9%, while Kaufland posted an increase of 7.5%. Lidl reinforces its position as Europe’s largest retailer Lidl’s total sales reached €96.3 bn, which will mean it w...
15 July 2021
As part of its fourth quarter update, Conagra Brands shared some of the measures it is taking to navigate the current inflationary environment. Four years’ worth of incremental new buyers The company delivered a solid fourth quarter. While organic net sales decreased 10.1%, on a two-year compounded annualized basis, they increased 4.5%. This reflects the lapping of the surge in demand in Q4...