COVID-19 latest news from around the world

27 August 2020
Woolworths has published its FY20 results for the year ending 28 June 2020, with group sales up 8.1% to AU$63,675m, but EBIT down 0.4% to AU$3,219m due to the impact of COVID-19 in H2. ‘Devastating impact of COVID-19’ In the second half of the year Woolworths' sales and EBIT were heavily influenced by the global pandemic. The shopping experience and sales patterns were particularly impacted...
25 August 2020
Grab and Unilever will collaborate to protect Grab drivers and riders, connect small business retailers to online channel and dispatch products to retailers using GrabExpress drivers. GrabProtect through Unilever products Unilever will be equipping vehicles in Indonesia, Malaysia, and the Philippines with Lifebuoy hand sanitisers and Cif disinfectant sprays, at no cost to driver-partners or...
20 August 2020
As consumers look to avoid large scale gatherings in support of social distancing and efforts to control the spread of COVID-19 in the US, we look at how Mars Wrigley is adopting virtual approach to the Halloween season. Merging the digital and physical Building on the growth in virtual events, including since the start of the COVID-19 pandemic, Mars Wrigley is launching a new digital exper...
20 August 2020
In its new UK Channel Opportunities report, IGD predicts that UK food and grocery market is set to grow by 10%, or £19.1bn, between 2019 and 2022. The report reveals the impact of COVID-19 on the overall market over the next two years, with a breakdown of expected implications and performance on individual channels. Pandemic accelerates transformation of UK food and grocery market The pande...
19 August 2020
We review Target’s second quarter performance and how it’s adapting to the COVID-19 pandemic. Q2 key numbers Total revenue increased 24.7% to $23.0bn, with comparable sales up 24.3% Comparable store sales were up 10.9% while digital comp sales increased 195% Net earnings increased 80.3% to $1.7bn Target’s unique fulfillment model What stands out for me in these results is t...
18 August 2020
Coles has reported FY20 results with sales up 6.9% to AU$37,408m and EBIT up 4.7% to AU$1,387m. Supermarkets sales up 6.8% to AU$32,993m Strong supermarket sales and EBIT growth of 10.7% were a result of Coles’ refreshed strategy and an increase in demand created by COVID-19. LFL sales growth for the year was 5.9%, with sales growth of 7.6% and 7.1% on a total and LFL basis in Q4, respectiv...
18 August 2020
Central Retail Corporation reports a total Q2 revenue of THB41,376m (US$1,327m) and a net loss of THB2,519m (US$81m), driven mainly by government measures to control the COVID-19 pandemic. Store closures in non-food segment The main decline came from the fashion segment with revenues falling by 47.6% year-on-year due to government measures to close stores in Thailand and Italy. Revenue from...
18 August 2020
BJC’s consolidated revenue for Q2 2020 reached THB38,604 (US$1,239m), declining by 13.2% due to lower sales across most of its segments except healthcare. Grocery retail segment was also adversely impacted due to COVID-19 measures. Grocery retail sales decreased by 11.7% BJC recorded sales of THB25,698m for its grocery retail business, a drop of THB3,292m (US$106m) or -11.7%. Same-store-sal...
13 August 2020
Sandwich chain Pret A Manger has confirmed that it has asked thousands of staff to work fewer hours as part of a post-pandemic restructuring. By reducing hours across the board Pret hopes to save a large number of jobs amongst its 8,000 UK employees. Store and customer profile impact recovery Although the majority of Pret’s UK stores are now open, many of the office staff and commuters who ...
10 August 2020
As one of the leading private label manufacturers in the US, TreeHouse Foods has a great view of us food retail sector. We look at why it believes it is well positioned for the future. Branded suppliers responded faster to meet demand While the company was impacted in the second quarter by some plant closures and SKU rationalisation, which resulted in branded manufacturers gaining shelf spa...
07 August 2020
Kroger’s QFC division, located in Seattle, is piloting contactless payments, enabling customers to pay using their mobile device. Supporting associate and customer safety The pilot enables customers to pay for their purchases through a range of technologies, including Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps and contactless chip cards, underpinned by near-field co...
07 August 2020
SM Retail in the Philippines has reported retail revenues for H1 down 18% to PHP139.2bn (US$2.84bn), with strong performance in food, offset by heavily impacted non-food revenues due to COVID-19. Food retail revenue up 15% to PHP100.1bn (US$2.04bn) Strong revenue growth in food was offset by tough trading conditions across its SM Store and Specialty retail functions, where revenue dropped 5...
07 August 2020
Woolworths in Australia is using QR codes and its Rewards data to track and trace customers to help prevent the spread of COVID-19. QR code and Rewards scheme data usage Woolworths has installed a QR code contact tracing initiative into 12 of its stores in Australia, 11 supermarkets in Victoria and a Metro stores in NSW. Shoppers are asked to voluntarily scan a QR code at the entrance to th...
06 August 2020
DoorDash has launched virtual convenience stores in eight cities in the US, called DashMart, offering a range of household essentials and restaurant retail products. DashMart The online convenience stores are available in Chicago, Minneapolis, Columbus, Cincinnati, Dallas, Salt Lake City, Phoenix, and Redwood City. More stores are set to launch in San Diego, Baltimore, Denver, Sacramento, a...
06 August 2020
In its Q3 2019/20 results, Metro reported a 17.5% decrease in like-for-like (LFL) sales, compared to the previous year, driven by the Coronavirus (COVID-19) pandemic and its negative impacts on the hospitality sector. However, as of July this year, Metro noted that sales had recovered to the previous year’s level in its Hotels, restaurants and catering (HoReCa) division. Germany: like-for-like...
06 August 2020
The world's largest international health and beauty retailer, A.S. Watson, has posted its results for the first half ending 30 June 2020. COVID-19 severely impacts H1 revenue A.S. Watson's retail division is split into five subdivisions, Healthy & Beauty Western Europe, Eastern Europe, China, Asia and Other Retail Total retail revenue fell -11% to HKD73.6bn (US$9.5bn) In local curr...
04 August 2020
With ongoing rises in COVID-19 transmission, Australia's second largest city, Melbourne, has imposed stronger lockdown measures. We review what this means and how retailers have reacted. New lockdown measures explained The Victorian state goverment implemented the new 'stage 4' measures from Sunday 2 August and they will remain in place for six weeks, until Sunday 13 September. People are o...
30 July 2020
Dairy Farm has released its H1 results for the six months ended 30 June. Consolidated sales including 100% of associates and joint venture increased 6% to US$14,547m, but subsidiary sales fell 9% to US$5,240m. Overall performance mixed Sales by the Group’s subsidiaries fell mainly due to the annualised impact of the stores closures in 2019 under the Group’s space optimisation plan in Southe...
30 July 2020
In reporting full-year results, Procter & Gamble (P&G) saw ecommerce sales increase 40% to over $7bn, representing over 10% of the company’s sales. Ecommerce sales up 50% in second half P&G was one of the early investors in the ecommerce channel, focused on creating dedicated teams, products and strategies to grow its business significantly. Spurred on by the COVID-19 pandemic, it saw a sig...
30 July 2020
We round up new developments as retailers in the UAE offer new delivery app services, Choithrams opens a new store in Dubai and Lulu continues to expand in Saudi Arabia. New delivery apps to drive profitability for food and beverage suppliers During the coronavirus (COVID-19) pandemic, many consumers in the UAE have turned to ordering food through Deliveroo, Talabat, Uber Eats and Zomato. T...