COVID-19 latest news from around the world

06 May 2020
JD.com’s Big Data Research Institute has published data showing how the pandemic led to clear shifts in consumption during different phases of the outbreak. Changes in consumption over recent months JD.com’s data shows how the pandemic has impacted on shopping behaviour: January: explosive demand for food and disinfectant (data from 24 January to 31 January) Sales of fresh ...
06 May 2020
Announcing its first quarter results, Coca-Cola European Partners discussed the challenges its country operations were facing given the shifts in demand. 1. Challenging to predict demand The company noted while the switch to more at home occasions had supported sales, the trading had been ‘ volatile ’. CCEP noted that while volumes had benefited from household stocking initially, this had f...
06 May 2020
In its move to rapidly scale-up home delivery from its network of SPAR convenience stores, AF Blakemore has launched a dedicated ordering website ( www.afbspar.co.uk ) to offer shoppers an assortment of 1,100 products from a wide range of food and drink categories. Initial 13 store coverage to be expanded to 80, delivery charged at £3 The service is already operational with an initial tranc...
06 May 2020
We look at the latest developments from 7-Eleven in the USA that address the challenges created by the Coronavirus (COVID-19) outbreak.  7NOW free delivery during April 7NOW delivery app is available in approximately 400 cities in the US. The app allows customers to order from more than 3,000 products including fresh and hot foods, household items, groceries, and medicine, amongst others. O...
06 May 2020
Ocado has announced its trading update for Q2 and business response to coronavirus (COVID-19). In Q2, retail revenue was up 40.4% year-on-year (YoY), compared to 10.3% YoY growth in Q1. Impacts of COVID-19 Following significantly increased demand at the start of the outbreak, Ocado announced the number of items per basket appears to have passed its peak, whilst remaining high. The share of ...
06 May 2020
We share the latest news from Denmark as the country’s leading retailers report their 2019 results. Salling Group 2019 revenue: +1.5% to DKK56.7bn (USD $8.57 bn) Salling Group has recorded ‘the second-best results in the company’s history’, with revenue increasing by 1.5% to DKK56.7 bn (USD $8.57 bn). Profit ‘including income from the sale of Netto Sweden’ reached DKK2.4bn (USD $363m). E...
06 May 2020
In this regularly updated article, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in Ireland: Aldi Aldi Ireland will be returning to normal opening hours from Thursday 7th May. Stores will once again be open 9am to 10pm on Monday to Friday and 9am to 9pm on Saturday and Sunday Rolling out new social distancing measures, including posters in-store and clear ma...
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 ...