Home seclusion on account of COVID-19 has boosted retail breakfast cereals sales in 2020, with German consumers having more time to eat breakfast at home, reversing the previous trend towards a greater prevalence of on-the go meals or snacks to start the day. People began working and studying at home as workplaces and schools were shut in order to curb the spread of the virus. This has particularly benefited children’s breakfast cereals and flakes, which has recorded a steady decline in…

All categories within breakfast cereals are set to record an improving retail value and volume picture in 2020 compared to 2019, with hot cereals and muesli and granola being the top performers. Stronger growth reflects increased sales due to the COVID-19 lockdown, with demand further strengthened by the closure of foodservice outlets and increased consumption at home. This been most evident in the sales of hot cereals and porridge in particular. The latter is viewed as traditional, healthy,…

The baked goods category tends to be populated by the same players as the biscuits and confectionery categories in Vietnam, such as Mondelez Kinh Do Vietnam, Bien Hoa Confectionery (Bibica) and Orion Food Vina. However, baked goods tend to have higher prices. Despite the higher cost, prior to the pandemic, demand for baked goods was developing well due to improvements in average incomes. Thus, baked goods, both packaged and unpackaged, were affordable for more people and the category had…

After three years of decline, retail volume sales of baked goods have increased in 2020, along with even higher current value growth, due to the same pattern being seen in the largest category, packaged leavened bread. With Circuit Breaker measures kicking in as the government made efforts to curb community COVID-19 transmission, Singaporeans were asked to work and study from home and many foodservice outlets were closed. As a result, there were fewer breakfast and snacking options…

Frozen baked goods will continue to see strong growth rates in 2020 thanks to an expanding offering and improved distribution in Serbia. Frozen baked goods is also expected to benefit from the growing convenience trend in Serbia as people have less time to prepare baked goods from scratch at home, as would be the traditional way. As such, frozen baked goods is expected to continue the upwards trend established in the review period thanks to the growing demand for affordable, easy to store…

Although overall retail volume sales in baked goods are only expected to demonstrate a small growth, changing buying habits are expected to have a more drastic effect on the shape of baked goods in 2020. Whereas frozen baked goods were demonstrating the fastest growth at the end of the review period, the closure of foodservice outlets and an increase in home cooking means that dessert mixes is expected to lead retail volume growth in 2020.

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The steady decline in retail baked goods volume sales apparent until 2019 has been temporarily reversed in 2020 owing to the COVID-19 crisis, which is reflected by the recovery of the largest category, bread. This is largely the result of the sharp decrease in footfall at foodservice outlets, which were closed between 23 March and mid-May, leading to increased retail purchases for home consumption.

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Used for pain relief in case of headaches, sore throat and fever, systemic analgesics are also often used as first response medication in case of flu, cough and cold in Pakistan. A fear of disease and a greater emphasis on health and hygiene will drive demand in 2020. In the first half of 2020, analgesics sales volumes surged as a result of panic-buying with the onset of the pandemic and the lockdown. The spike in sales in the first quarter of the year was followed by a normalisation in the…

With the company experiencing significant reputational issues in Australia during 2016, it is anticipated that Thermomix in Australia Pty Ltd will focus on rebuilding the competitive position of its brand.

ALSO READ: http://www.marketwatch.com/story/global-power-equipment-testing-market-growth-status-and-outlook-2021-2026-2021-03-10

Euromonitor…

With the company experiencing significant reputational issues in Australia during 2016, it is anticipated that Thermomix in Australia Pty Ltd will focus on rebuilding the competitive position of its brand.

ALSO READ: http://www.marketwatch.com/story/global-power-equipment-testing-market-growth-status-and-outlook-2021-2026-2021-03-10

Euromonitor…

After several years of strong performances, the discounters channel has seen slower current value growth in 2016. In the context of a better economic performance in terms of GDP growth and a rise in household annual disposable income, premiumisation has become more relevant in 2016.

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The company has announced the implementation of a new operating business model that aims to focus on the company’s core business, including supermarkets and liquor retailing, whilst improving its overall business portfolio. The new operating business includes a number of strategies including: A reduction in the number of employees in its office support and supply chain, with the addition of employees which are closer to stores and customers; the exit of its home improvement business; a new…

Bigfoot Chile Spa is a pure internet retailer with its Dafiti brand, specialised in apparel and footwear catering to women and men in the middle-income bracket. The company appeals to the younger generation, especially millennials, who have higher disposable incomes and are looking for products with good prices which fulfil their fashion requirements.

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Following strong expansion in 2012-2014, Action Belgium BVBA opened its 100th outlet at the beginning of 2015. The expansion continued in 2016, albeit at a slower pace. As of 2016, the company has 118 outlets and it aims to become the most important non-grocery discounter in Belgium.

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While continuing to invest in opening new stores in Switzerland, C&A Mode AG seeks to increasingly integrate social, ethical and environmental considerations into its sourcing process. In 2015, the company launched its new Code of Conduct for the Supply of Merchandise, aimed at strengthening its commitment to ethical behaviour in the supply chain. In addition, the company is expected to put more emphasis on its sustainability projects, such as its BIO-Cotton project where it uses…

C&A Belgie Comm V aims to further strengthen its position as a leading provider of value-for-money clothing in Belgium. The company is attempting to increase its customer focus through the offer of fashionable clothing for a large target group on the one hand, and through measures to improve the company’s image and position on the other. Quality clothing which ranges from fashionable to classic items at relatively low prices addresses the needs of a large group of customers.

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The value sales of grocery retailers increased during 2016, resulting from the devaluation of the national currency, which affected the prices of imported products. By the end of the review period Australia remained a majorly import-dependent country. There was a two-wave devaluation of the local currency. The first wave resulted in a 34% cheaper Australiai manat against the US dollar in February 2015; the second wave of devaluation in December 2015 weakened the manat by a further 48%. These…

The value sales of grocery retailers increased during 2016, resulting from the devaluation of the national currency, which affected the prices of imported products. By the end of the review period Azerbaijan remained a majorly import-dependent country. There was a two-wave devaluation of the local currency. The first wave resulted in a 34% cheaper Azerbaijani manat against the US dollar in February 2015; the second wave of devaluation in December 2015 weakened the manat by a further 48%.…

The structure of non-store retailing is changing in Azerbaijan in favour of internet retailing, and hampering direct selling in the country. Over the review period, along with the increasing number of internet users, sales through internet sites rose significantly. In addition, the local currency devaluation in December 2015 brought a significant increase in the prices of international brands, limiting consumers’ willingness to buy high-value items. This led to a growing shift from…

JB Hi-Fi will continue to strengthen its position in the electronics and appliances industry by increasing its range of appliances across both of its store formats, as well as by increasing its network of JB Hi-Fi HOME stores. The company has announced that it will not only open new JB Hi-Fi HOME outlets, but it will also convert some of its traditional stores into the HOME format. This will represent an increase in the retailers selling space as the new format also requires the addition of…