Sales both big and small are in the retail headlines, with Conagra to purchase packaged food rival Pinnacle, and the Co-op to buy four Waitrose stores marked for closure. The Australian state of Victoria is rolling out a plastic bag ban, and in Britain, beer is rationed due to an international shortfall of carbon dioxide. Enjoy the read, and don't forget to share.




Thursday, 28 June 2018





Hello ,

Sales both big and small are in the retail headlines, with Conagra to purchase packaged food rival Pinnacle, and the Co-op to buy four Waitrose stores marked for closure. The Australian state of Victoria is rolling out a plastic bag ban, and in Britain, beer is rationed due to an international shortfall of carbon dioxide. Enjoy the read, and don't forget to share.




US & Canada


Pinnacle purchase ▪ Packaged food company Conagra has said that it will buy Pinnacle Foods for USD 8.1 billion, creating a frozen food powerhouse with a market capitalisation of USD 23 billion. The deal will see Chicago-based Conagra adding brands including Birds Eye and Hunt's ketchup to its line-up.



Caffeine bites ▪ The Coffee Bean & Tea Leaf plans to open 100 franchise locations in New York over the coming decade. The Los Angeles based company will open its first stores in Manhattan this year. Competitor Starbucks has relaunched its Teavana brand as a line of packaged teas in retail stores.



Entering toy town ▪ Party supply chain Party City will open around 50 Toy City pop ups through September. The stores, which will sit alongside the chain's Halloween City shops and run through the holiday season, mark an attempt to fill the void in the toy industry left by the demise of Toys R Us.




Europe


Jobs saved ▪ The Co-op has said that it will purchase four Little Waitrose convenience stores earmarked for closure by parent company John Lewis. The department store chain had earlier announced plans to close five Waitrose locations following profit warnings.



Drink rationing ▪ Booker, the UK's biggest wholesaler, has begun limiting sales of beer, cider, and soft drinks, in the face of both soaring demand due to a heatwave and World Cup fever, as well as a dearth of supplies caused by an international shortage of food-grade carbon dioxide gas.



No need for perfect ▪ Sales of Morrisons' fruit and veg range are anything but misshapen, with year on year sales of imperfect produce triple what they were the same time last year. The supermarket now sells about 500 tonnes of wonky fruit and veg per week.



Sustainability shift ▪ Coop Danmark will give away 700,000 reusable bags to its customers, as well as deposit a DKK 1 bonus into the accounts of members each and every time they use the new carriers. The remaining bags will be sold at their regular price of DKK 10.




Asia & Australia


Green grocers ▪ Victoria will roll out a ban on all plastic shopping bags less than 35 microns in thickness by the end of 2019. Woolworths and Coles have dismissed the idea of allowing shoppers to bring their own containers for meat and fish on health and safety grounds, after Morrisons introduced a similar scheme in the UK.



Discounts and delivery ▪ Japanese convenience chain Lawson will end delivery of fresh food to online shoppers, citing rising shipping costs and low demand. South Korean hypermarket operator E-Mart is launching a new discount store brand based on Japanese retailer Don Quijote.




Food glorious food


Power protein ▪ Irish beef producer ABP has teamed up with Warner Brothers to launch a range of DC superhero-branded burgers and sausages for the UK market, in a move designed to draw younger consumers to the red meat market.



Carnival cookies ▪ Americans will no longer have to wait a year for a State Fair classic, with Walmart now stocking a boxed version of deep fried Oreos in its frozen food aisle. The snacks will be available in two flavours – chocolate and vanilla.