COVID-19

Costco Sees Net Sales Decline In April Due To COVID-19 Restrictions

Wholesaler Costco has reported a 1.8% year-on-year decline in net sales to $11.39 billion in the four weeks ended 3 May 2020. The company attributed thi...

SIM Evaluates The Impact Of COVID-19 On Supply Chains

As a technology partner, SIM was challenged with the task of assessing the impact of COVID-19 on FMCG supply chains at an early stage. It started wit...

No Sign Britain Wants EU Trade Talks To Succeed: EU Trade Chief

There is no real sign that Britain is approaching trade talks with the European Union with a plan to succeed and it appears set to blame any post-Brexit fa...

Britain's Co-op To Offer Free Meal Scheme For School Students

Britain's Co-operative Group has announced plans to provide free meals to students in schools across the UK through a gift card scheme. The initiative a...

World Food Prices Fall Sharply In April Because Of Coronavirus: FAO

World food prices fell for a third consecutive month in April, hit by the economic and logistical impact of the coronavirus pandemic, the United Nations fo...

Asda’s Commits Support To Care Homes During COVID-19

Asda’s president and CEO, Roger Burnley, has pledged the retailer’s support for over 3,500 care homes across the UK. In an email to sho...

Ocado CEO's $73m Payout Opposed By 30% Of AGM Votes

Almost 30% of votes cast at Ocado's annual shareholder meeting opposed the online supermarket's 2019 pay report, including co-founder and CEO Tim Steiner's...