Coronavirus (COVID-19):
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26 November 2020
(Last updated 26/11/2020) As Western European countries are facing a second wave of COVID-19 infections, several governments are implementing stricter restrictions including second national lockdowns. Here is an update of the latest announcements across the region Germany Latest ( update 26/11/2020) : Lockdown to be extended until at lest 20 December, with non-essential busines...
24 November 2020
Following a solid second quarter performance, The J.M. Smucker Company has raised its guidance for the full year, anticipating many of the new consumer behaviours which have underpinned the business, will be sustained beyond the pandemic. Improvements in key metrics In raising its sales outlook, the retailer pointed to the elevated demand which drove a 9% increase in its coffee segment and ...
23 November 2020
Watch this video to hear the latest on what the UK’s exit from the EU could mean for the food and consumer goods industry. This video will cover: Politics and government Business readiness for EU Exit Economic position Shopper sentiment DOWNLOAD THE SLIDES Webinar: your EU Exit update - December 16 December | 11:00AM There are ...
20 November 2020
Carrefour has launched a new initiative to support local producers in France, as part of its ‘Zero kilometer’ commitment. Agreement to focus on ‘ultra-local alliances’ Carrefour is aiming to support local producers and meet shoppers’ growing demand for goods produced as close as possible to their homes. The ‘zero kilometer’ commitment will see the retailer form ultra-local alliances by enab...
17 November 2020
Last week McDonald's announced new strategic priorities which aim to balance the short term needs of customers whose daily lives are restricted by the pandemic, with the long term implications prolonged restrictions will have on future behaviour. The announcement of the ‘ Accelerating the Arches ’ strategy coincided with the release of its better-than-forecast Q3 2020 results showing like-for-...
17 November 2020
This week food-to-go specialist Pret A Manger will launch its latest diversified offer targeting evening meals at home. Dinners by Pret will be available from 30 Pret sites and will include new dishes such as focaccia pizzas, pigs in blankets, mac ’n’ cheese, hot rice bowls including curry and chili, and milkshakes. The meals will be delivered via Pret’s delivery partners UberEats, Deliveroo a...
16 November 2020
With over 1m new cases reported in the US over the past six days, several retailers are reactivating their COVID-19 playbooks with capacity and product limits. Precautionary measures The US continues to experience a rapid growth in COVID-19 cases, with many states reporting their highest new case levels since the start of the pandemic. Although there have not been any signs of a repeat in t...
10 November 2020
Monthly data updates from the three largest convenience chains in the world, 7-Eleven, FamilyMart and Lawson, focusing on sales, customer footfall and average customer spend in Japan.  FamilyMart post positive monthly all store sales, but only due to new stores For October, FamilyMart posted positive monthly all store sales for the first time this fiscal year. However, this was due to the r...
10 November 2020
Consum has revealed, as part of a collaboration with the Claridae platform, that online sales have increased by 67% compared to in-store purchases. Meanwhile, Eroski has reflected on how it has been impacted by COVID-19 and how it will use this insight in future. Separately, El Corte Ingles has announced its sales decreased by 41% in H1 2020, while, Ahorramás has revealed a positive forecast a...
10 November 2020
As the second lockdown in France begins to affect small and medium sized producers and retailers in the country, grocery retailers in France have announced plans to support these companies. Retailers to support fresh and local products… Local trade publication LSA has reported that all large-scale grocery retailers in the country have signed up to supporting and highlighting fresh agricultu...
09 November 2020
Jerónimo Martins posted a resilient performance during the third quarter as it announced its results. The retailer said its third quarter saw some return to a new normality, which it underpinned with strict cost control. Biedronka continued to perform well in Poland, showing its flexibility since the beginning of COVID-19.  Sales performance Jerónimo Martins’s consolidated sales, in Q3 2020...
09 November 2020
Following the announcement of a second national lockdown in England, there continue to be reports of significantly increased sales particularly for household paper, tins and packaged goods, and personal care products. The supply chain remains resilient with no significant shortages. Demand for online delivery slots is also reported to be very strong. Latest IGD research conducted over the we...
09 November 2020
Last week England began its second national lockdown and this time food-to-go operators’ responses are very different to the first lockdown in March. Staying open for business During the first lockdown all the major food-to-go operators closed their doors to protect staff and customers, despite government guidelines permitting takeaway and delivery. Reopening started gradually around ...
07 November 2020
We highlight four ways Hershey has aimed to maximise the commercial opportunities as the pandemic drive new consumer behaviours. Solid third quarter Hershey delivered a better than expected third quarter with organic net sales up 3.8% and reported net income up 39.0%. It made major share gains in the US, with the business benefitting from consumers treating themselves during the pandemic an...
06 November 2020
We round up the latest developments leading to the 11.11, the largest online Global Shopping Festival. Highlights from 1 - 3 November The first parcel was delivered within 11 minutes to a customer in Wuhou District in Chengdu 100 brands topped gross merchandise volume of CNY100m in 111 minutes after sales officially began. They include Nike, Adidas, Apple, L’Oréal, Estée Lauder, Xiaom...
06 November 2020
A global strategic partnership between Alibaba, Richemont and Farfetch will provide brands improved access to China’s luxury market. Partnerships expanding the ecosystem Farfetch will launch on Alibaba Group’s Luxury Platforms in China, e.g. Alibaba’s Tmall Luxury Pavilion and Luxury Soho platforms as well as cross-border marketplace Tmall Global. Alibaba and Richemont will invest US$500m i...
06 November 2020
Alibaba Group has released its Q2 results for the three months ending 30th September. Revenue increased 30% to CNY155.1bn (US$22.8bn) YoY. Growth slowing, but still relatively strong   The number of annual active customers on Alibaba’s China retail marketplaces increased by 15m to reach 757m. Mobile MAU’s reached 881m at the end of September. Ahead of the retailer's 12th annual shopping eve...
06 November 2020
Since the increase in shopper stockpiling last weekend which coincided with the announcement of a second national lockdown , stockpiling has slipped back. On Wednesday and Thursday, there was a decline in shoppers claiming to have stockpiled to 45% compared to 55% over the weekend. Stockpiling is highest among 18-24s (73%), ABC1s (51%) and those with children (52%). Top categories ...
05 November 2020
Following the announcement of a second national lockdown , there was an increase in shopper stockpiling over the weekend. Since then, stockpiling has slipped back at the start of this week. On Monday and Tuesday, there was a decline in shoppers claiming to have stockpiled to 46% comparted to 55% over the weekend. Stockpiling is highest among 18-24s (53%) and 35-44s (51%). Top categ...
05 November 2020
At a time Steve Rowe believes it has become impossible to forecast with any degree of accuracy, M&S outperformed its previous COVID-19 scenario. The retailer's like-for-like food performance remains robust and this divsion's adjusted operating profit also improves. However, significant challenges remain for its clothing & home division, resulting in group revenue declining -15.8% and operating pr...