USA news

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...
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...
16 March 2021
St. Patricks Day, celebrated on 17 March, is an event honouring Ireland’s heritage and culture and is celebrated globally. Despite COVID-19 restrictions in 2021, people are still planning to celebrate the event. According to the US’s National Retail Federation, 49% of US adults said they would partake in the celebration, while 32% planned to engage in COVID-safe activities, such as planning a spe...
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...
10 March 2021
As most markets in Europe and the Americas continue to operate in a pandemic environment, characterised by lockdowns and travel restrictions, we look at how five of the initial strategies adopted by suppliers have evolved over the last 12 months. 1. From retaining new households to building deeper connections The pandemic created a product trial event unlike any other. Many major suppliers ...
09 March 2021
The launch of Target's latest range, Favorite Day, complements its existing food private labels, Market Pantry and Good & Gather. We look at how the new range fits into the portfolio. 700 items to start appearing in-store in April Favorite Day is positioned as a range of indulgent sweet and savoury treats. There will be two key streams of products, Favorite Day Bakery and Favorite Day Gourm...
09 March 2021
The retailer posted another strong quarter with Q4 sales up by 10.6% driven by ongoing investments and ecommerce. We look at some of its predictions for 2021 in terms of performance, ecommerce, promotions and the importance of fresh and health and wellness. Q4 results and full year performance Kroger continued to perform ahead of the market with CEO Rodney McMullen saying: “ Kroger delivere...