COVID-19 latest news from around the world

27 April 2020
As part of its first quarter results, Nestlé discussed the impact the coronavirus pandemic had had on all parts of its operations and how it had performed in China towards the end of the quarter as the country exited the worst effects of its lockdown. 1. China exiting the quarter ‘gradually’ Given China was loosening its lockdown towards the end of the quarter, Nestlé discussed what it was ...
27 April 2020
Following Unilever’s first quarter results we look at five key takeaways from the announcement and the impact that the coronavirus has had on its operations. 1. Change has required new ‘Agile markets organisation’ As a reaction to the pandemic Unilever said it had established a new structure to manage the organisation through its response to coronavirus. The five workstreams were built arou...
27 April 2020
Walmart has partnered with Nextdoor to make it easier for neighbours in the US to help one another during the COVID-19 pandemic. ‘Neighbours Helping Neighbours’ programme Nextdoor is a neighbourhood hub for trusted connections and the exchange of helpful information, goods and services. Through this programme, Nextdoor members can request assistance, or offer to help someone in their commun...
26 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update: Tesco opens first NHS Nightingale hospital stores:  Tesco has opened stores at the NHS Nightingale hospital, at London's ExCeL centre and the National Exhibition Centre in Birmingham. Open 24 hours a day and staffed by colleagues from nearby stores, they ...
24 April 2020
We summarise the latest news from France as the country deals with the effects of the coronavirus pandemic. All non-essential stores to reopen on 11 May Bruno Le Maire, France’s economy minister, announced on 23 April the plan is for all non-essential stores to be able to reopen at the end of the lockdown measures, on 11 May. However, this date could change from one region to another, as so...
24 April 2020
We look at the actions The Hershey Company is taking as it responds to the Coronavirus (COVID-19) pandemic, beyond its initial crisis response. Top line results The company saw consolidated net sales growth of 1.0% in the first quarter, in line with expectations and benefitting from a modest impact from the pandemic. In North America, net sales increased 2.1% for the quarter to March 29. Ho...
23 April 2020
With the surge in demand for toilet tissue being one of the early features of the coronavirus (COVID-19) pandemic, we look at how Kimberly-Clark is adjusting to the trading environment. Q1 sales up 8% First quarter sales and volumes increased 8% driven by consumers stocking-up related to the pandemic. This impacted all business segments across all major geographies, although the strongest s...
23 April 2020
US-based Target has provided a further update on its performance as it continues to respond to the Coronavirus (COVID-19) pandemic. Grocery comparable store sales up 20% For the first quarter to date, Target’s comparable store sales have increased by more than 7%. This reflects a slight decline in stores and more than 100% growth in digital channels. The retailer has seen comparable sales i...
23 April 2020
Announcing its first quarter results, which were ‘ stronger than [it] had anticipated ’ Danone underlined why it believed its long term One Planet. One Health. strategy remained ‘ so relevant, urgent and meaningful ’. Shift in consumption patterns affected operations Danone highlighted the several shifts its operations have had to deal with during the first quarter. Initially it said had se...
23 April 2020
Following the publication of its annual results in March , The John Lewis Partnership has released its annual report, including an update on trading performance amid COVID-19 conditions. Sales up 8% at Waitrose The retailer reports sales growth of 8% year-on-year since 26 January 2020. Private label sales are likely to have experienced a boost, with cleaning, store cupboard, home baking...
23 April 2020
Singapore's largest supermarket chain has launched FairPrice on Wheels, a new initiative which brings daily essentials closer to homes by vans parked near their homes. This is to support the elderly who are encouraged to stay at home and avoid crowded supermarkets as Singapore’s lockdown period is extended by another 4 weeks till 1 June. Vans packed with essential products The retailer used...
22 April 2020
We review Metro Inc.’s second quarter performance, including the impact of the coronavirus (Covid-19) pandemic on its results. Sales up $125m due to pandemic Metro’s sales increased by 7.8% to $4.0bn in Q2, with the last two weeks of the quarter impacted by the pandemic. Same-store food sales were up 9.7%, while pharmacy same-store sales increased 7.9%. Adjusted net earnings were up 17.9% t...
22 April 2020
Although stock piling has provided recent challenges for stores, the on-going effects of the pandemic will cause further issues for retailers and the supply chain in the foreseeable future. As we exit the panic buying stage and production becomes less stretched, it is time to start to optimise our ranges for short to medium term realities. There will be ongoing risks for the supply chain and r...
22 April 2020
Woolworths has doubled its capacity for online grocery deliveries in response to the Coronavirus (COVID-19) outbreak. Preparing for lasting increases to online sales An additional 5,000 third-party couriers will join Woolworths' 800 delivery trucks to deliver online orders to homes. This will enable the retailer to offer more delivery windows from the end of this week. A new temporary 7,000...
22 April 2020
Pret brings forward plans to launch retail coffee range According to the Financial Times, a Pret -branded coffee range could be on supermarket shelves by the end of April, after plans to launch at the end of the year were fast-tracked.  The change in plan demonstrates how Pret is quickly adapting its business in response to the impact of coronavirus. Last week, Pret re-opened ten London st...
21 April 2020
Mercado Libre is as Argentinian business that operates an online marketplace. It has operations in most countries in Latin America. Argentina has become the second market, after Mexico, in which it has launched the Supermercado Libre service. Founder and CEO Marcos Galperín, previously announced plans to launch the service in mid-2020 but has brought this forward due to unprecedented demand fo...
21 April 2020
We look at the actions some of the major online retailers and third-party logistic firms in Africa have undertaken in response to the Coronavirus (COVID-19) pandemic. South Africa: Pick n Pay’s new collect and delivery service Pick n Pay has added an online purchasing solution, Collect Direct, enabling shoppers to purchase their groceries via email: First, shoppers select their neares...
21 April 2020
We look at the commercial actions The Coca-Cola Company is taking in response to the coronavirus pandemic. Changing consumer spending patterns As part of its Q1 results announcement, the company withdrew its previous guidance for the full year. Coming into the quarter it was delivering sold volume growth of 3%, excluding China. However, as the pandemic spread globally, it experienced a sign...
21 April 2020
We look at the key ways in which Kroger is coping with the COVID-19 pandemic, whilst setting itself up for success as its impact diminishes. Supply chain efficiency Having a strong and agile supply chain has been a key factor for Kroger in being able to meet the rapidly changing needs of its shoppers. Although the initial surge in demand has slowed, it remains above normal levels and Kroger...
20 April 2020
We unpick Procter & Gamble’s (P&G) Q3 results to understand how it is planning to trade its way through the coronavirus pandemic and beyond, and highlight the lessons for other CPG suppliers. 1. Sales cycles are varying by geography P&G delivered a strong quarter, with sales up 6%. However, while it experienced strong consumer demand in North America and certain European markets, this was o...