USA news

15 April 2021
Walmart has participated in the latest funding round for Cruise, a self-driving, electric vehicle startup. Builds on existing relationship Walmart initially partnered with Cruise last year to develop a delivery pilot in Scottsdale, Arizona. This area been a major focus for the retailer, undertaking several different pilots over recent years. These include programmes with Nuro in Houston, Ga...
13 April 2021
Walgreens Boots Alliance (WBA) said group sales increased in its second quarter by 4.6%, 3.5% on a constant exchange basis, to US$32.8 bn. Performance by division   Retail Pharmacy USA Sales increased by 0.4% to US$27.3 bn compared to Q2 2020 Comparable sales increased by 2%, with comparable pharmacy sales up by 4.5%, while comparable retail sales declined by 3.5% Retail sale...
13 April 2021
In our latest report, we look at the initiatives retailers are putting in place as they strive to improve online grocery profitability following a year of accelerated growth. Five areas of focus for improved profitability  Following rapid growth last year, which saw grocery ecommerce sales almost double in the US to just under $70bn, in 2021 retailers are laser-focused on improving channel ...
09 April 2021
Conagra Brands delivered a strong third quarter performance with net sales up 8.5% to $2.8bn and net income up 37.8% to $281.4m. Although the outlook for COVID-19 is improving in many regions, including enhanced mobility, the company expects demand for food-at-home to remain elevated, underpinning future growth. Four years’ worth of incremental new buyers Given the unprecedented trialling o...
07 April 2021
Walmart has appointed Jean Batthany as senior vice president, chief creative officer, further bolstering its US marketing team. Building a new marketing organisation This appointment follows on from the recruitment earlier this year of Courtney Carlson as senior vice president of marketing, joining the retailer from Under Arrmour where she held the role of head of marketing. Batthany joins ...
07 April 2021
2020 marked the end of the three year strategic plan, Restock Kroger. It enabled Kroger to reduce operating costs and strengthen its competitive moats including digital, shopper data, fresh and affordable food.  The retailer has now outlined how it plans to win by leading with fresh and accelerating with digital as part of its new future-focused strategy. Leading with fresh One of Kroger’s ...
07 April 2021
In our Easter retail execution report we looked at the key themes and featured exciting in-store theatre from around the globe this year. Below are five highlights we took away from the event. 1. Implementing learnings from Christmas 2020 Just like Christmas, Easter is one of the major seasonal events for FMCG. This Easter we saw retailers and brands using learnings from Christmas 2020 to...
01 April 2021
We look at the leading US beauty retailer’s performance in 2020, highlight its strategy to win in 2021 and its leadership changes. 2020 was a challenging year for Ulta Beauty Total sales declined by 16.8% to US$6.2 bn (2019: US$7.4 bn) for the year ending 30 January 2021 due to the impact of COVID-19 Comparable sales decreased by 17.9% , versus an increase of 5% in 2019 By the...
31 March 2021
Following a strong first quarter, with sales up 22% and operating income up 35% year-on-year, McCormick has increased its sales outlook to expected growth of 8-10%. The strong performance reflects its efforts to capitalise on four accelerating consumer trends which the company expects to persist beyond the pandemic. 1. A continued sustained consumer preference for cooking more at home, includi...
31 March 2021
This article explores the impact of product placement on plant-based sales out-of-home. We’ll look at whether segregation concepts like Veggie Pret work and the impact of providing a vegan restaurant menu. The article is an abridged version a longer feature first published by our Social Impact team - read the full article, including retail case studies from Tesco and Kroger,   here . A r...