Supplier insights news

13 October 2021
As it gears up for the critical holiday trading period, we look at the actions Target is taking to ensure it can meet shopper demand. Cost and capacity issues US retailers are facing several supply chain challenges, related to cost and capacity issues. Congestion at ports in Asia and on the US west coast, driven by lockdowns and labour availability, along with the shortage and rapid increas...
08 October 2021
With Q1 net organic sales down 0.4%, as it faced tough comparables from last year, the business is heading into the key trading seasons facing several cost and supply chain headwinds. However, it has increased its outlook for full year as it expects at-home demand to remain elevated.  Consumer demand trending ahead of its original expectations The decrease in organic net sales was driven by...
04 October 2021
With third quarter sales up 8.3%, McCormick continues to benefit from shoppers eating and cooking more at home. However, the business is seeing headwinds in the form of higher costs and product availability, with the issues expected to persist into 2022. Growth levers The company’s growth was driven by its flavor olutions segment, up 20.8%, compared to growth of 1.2% within its consumer seg...
27 September 2021
Unilever, L’Oreal, Henkel, LVMH and Natura & Co are forming a global beauty consortium to develop together an environmental impact assessment and scoring system for suppliers in the cosmetics industry. Brand-agnostic assessment using a science-based methodology This group of five global beauty and personal care companies is inviting more cosmetic companies to join the initiative.  The aim is ...
23 September 2021
As part of its first quarter reporting, General Mills provided additional colour on three factors driving a dynamic and challenging trading environment and the actions it’s taking in response. Robust first quarter performance First quarter organic sales increased by 2%, while adjusted operating profit fell 2%, a robust performance given the tough comparables from 2020. On a two-year compoun...
16 September 2021
PepsiCo has launched pep+ (pep Positive), a strategic end-to-end transformation, placing sustainability at the centre of how it will create growth and value. We review the key elements. Changing how products are made and go to market This initiative will guide how the company will transform its business operations as it aims to operate within planetary boundaries and drive change for the pl...
02 September 2021
Although organic net sales fell 4% in the fourth quarter, the Campbell Soup Co was cycling elevated demand and partial retailer inventory recovery in the prior year. However, a more recent surge in cost inflation led to 420 basis points decrease in gross margin. We look at what this means for the business. Emerging stronger from the pandemic The sales performance for the quarter contributed...
26 August 2021
We review the outlook for The JM Smucker Co. (Smucker) as it deals with stronger cost headwinds and supply chain disruption. Facing tough comparables form 2020 The company delivered a solid sales performance in Q1, with net sales, excluding divestments and foreign currency impacts, up 1.0%. This was against tough comparables, having delivered double-digit growth in the same period last year...
09 August 2021
Having delivered a solid second quarter performance, the company’s chairman and CEO, Steven Cahillane, outlined some of the actions it is taking to mitigate the higher costs it is experiencing. Industry wide issue The Kellogg Company is not alone in aiming to mitigate the higher costs it is experiencing across a range of areas including commodities, packaging, freight and shipping. In the U...
27 July 2021
Unilever has reported strong half year results. Its performance was driven by out of home food, prestige beauty and ecommerce. However, the company expects H2 to be challenging, due to the acceleration of cost inflation, driven by rising prices for raw materials and freight. Strong performance driven by changing dynamics The first half of the year marked a shift in terms of Unilever’s perfo...