USA news

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...
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
Having revealed details earlier this summer of its plans to host drive-in movies at its stores, the retailer has launched the experience which will roll to 160 stores. Optimising store car parks Walmart is repurposing its large car parks through the summer to offer drive-in movies. This comes as traditional movie theatres are starting to re-open with social-distancing measures in place. The...
05 August 2020
Ahold Delhaize has reported that its Q2 net sales increased by 15.9% at constant exchange rates to €19.1bn. Performance was largely driven by the COVID-19 pandemic. President and CEO Frans Muller said, ‘The engagement and strong execution of our teams have translated this unprecedented demand in both the U.S. and Europe, due to COVID-19, into outstanding results’ . Changing consumer behaviour...
05 August 2020
Seven & i Holdings, parent of 7-Eleven Inc, has agreed to purchase Speedway petrol stations from Marathon Petroleum Corp. in the US in a deal worth $21bn. Taking the estate to 14,000 In February 2020, Seven & i Holdings, began talks to acquire Marathon Petroleum Corp.’s Speedway gas stations for about US$22bn. In March, it was announced that the deal was scrapped because the expected asking...
04 August 2020
Kroger is partnering with TerraCycle to enable customers to recycle more than 300 products from its Simple Truth brand. Enabling recycling of flexible packaging The companies are partnering to develop a new national platform. It will enable customers to recycle a range of flexible packaging not currently accepted in curbside recycling programmes. This includes produce and bread bags and pla...
03 August 2020
We look at the latest developments and news from Lidl in the US, Italy and other European countries. US: Chairman Roman Heini exits Lidl US Chairman Roman Heini took the decision to leave the company to “pursue other professional interests and spend more time with his family” as reported by website Supermarket News. Before joining Lidl US in October 2018, Heini worked for 18 years at Aldi, ...
31 July 2020
Amazon beat expectations with sales of $88.9bn in Q2, an increase of 40% year-on-year (YoY), with its North America business up 43%, and the international business up 38%. Online grocery sales trebled Amazon had expected sales of between $75bn and $81bn for the quarter. Its first-party online sales were up 49% YoY, and its third-party sales were up 53%. Its advertising business remained str...
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...