Category Archives: International

Food Prices on the Rise in the United Kingdom — Financial Times

  The cost of groceries is on the increase in the United Kingdom: “Annual growth in food spending has outpaced non-food spending each month since the final quarter of 2016, according to BRC figures. The higher price of food, driven by a fall in the value of sterling since last summer’s Brexit vote, has forced Britons to allocate a greater percentage of their budgets to household staples and to postpone discretionary purchases.”   Supplier Takeaway Do you sell products in...

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Asda Suffers Slump — BBC

Asda is addressing the challenge brought on by a 2016 sales slump: “However, Asda added that despite the disappointing results, there had been an improvement following “strategic changes” under new boss Sean Clarke. Mr Clarke, who replaced previous chief executive Andy Clarke a year ago, has slashed the prices of everyday items as he attempts to arrest falling sales.” Supplier Takeaway If you are an Asda supplier, you may want to anticipate further changes as the retailer seeks to regain...

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Walmart.com Invites Overseas Sellers to Marketplace — CNBC.com

Walmart is open to working with overseas suppliers who want to sell on the Walmart.com marketplace: “According to two sources with knowledge of the matter, Wal-Mart Stores in February began inviting sellers from China, the United Kingdom and Canada to list on the marketplace section of Walmart.com, where it earns a share of revenue from goods sold and delivered to customers by third-party vendors.” Supplier Takeaway Are you an overseas merchant? If so, are you interested in selling via the...

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Canada Pushes Plant-Based Diet — Triple Pundit

The Canadian government is urging citizens and residents to eat a diet that is plant-based: “Instead of portions or servings, Canadians are now encouraged to partake in a ‘regular intake’ of foods including produce, whole grains and protein-rich foods, especially those that are plant-based. Unsaturated fats are all right; saturated fats (sorry, beef and coconut oil) are not included in this new picture. Conversely, ‘limited intake’ is the mantra for foods high in sodium and saturated fat; for those processed...

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Warm Weather in UK Triggers Retail Sales in Some Categories — BBC.com

The UK is seeing an increase in some retail sales categories as a result of warmer weather: “We shouldn’t get too carried away by these figures. After all, the retail sales figures are very volatile on a month-by-month basis. And the heatwave in June provided a boost to clothing sales that may not be sustained,” said Paul Hollingsworth, UK economist at Capital Economics.“ Supplier Takeaway Weather changes affect retail sales. Do you monitor weather reports in hopes of meeting consumer...

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Asda Clarifies Pricing Policies — ESMMagazine.com

Asda has committed to more transparent pricing: “Working with the Trading Standards Services, the CMA identified that ‘some promotional pricing used by supermarkets could mislead shoppers’, the authority said. The CMA followed up these issues with a number of supermarkets and their trading standards partners, including Asda.” Supplier Takeaway Consumers are becoming more aware of every aspect of the retail experience, including pricing policies. What is your business doing to improve transparency? Resources for Walmart Suppliers Are You an On...

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Amazon Invests in India Food Sales — Reuters

Amazon is moving forward with plans to sell food in India: “Separately, a source familiar with the matter said Amazon planned to invest $500 million in the food segment, over and above the $5 billion it had already committed to investing in India.”   Supplier Takeaway Walmart has had mixed results in India over the years. How do you think this news will impact Walmart’s efforts? Do you have any plans to try and sell products in India? Resources for...

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American Beef Arrives in China — Reuters

  China’s growing middle class is hungry for American beef: “Some of the millions who buy food online are expected to join the woman in the Sams Club store as some of the first to buy U.S. beef in China in more than a decade. Social media has been buzzing for weeks with those ready to tuck into American steak.“ Supplier Takeaway China is opening to all kinds of trade. What do you have to offer this growing market? Resources...

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Asda Experiences UK Growth — TheStreet

Asda is making a surprising comeback in the United Kingdom: “Sales at Wal-Mart Stores Inc.’s U.K. division, Asda plc., grew by 2.2% in the period, well ahead of the 0.9% recorded in the 12 weeks to May 21, Kantar data indicated. This is the highest growth for Asda since the beginning of 2017, although the retailer’s market share in fell to 15.1% from 15.6% in the same time period last year.” Supplier Takeaway Asda is fighting back. If you aren’t...

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UK Consumers Adapting to Cashless Payment Options — PYMNTS.com

Cashless may well become king in the United Kingdom: “Initially, people in the U.K. have doubled the amount of cashless payments within the past decade due to the increased use of debit and credit cards, according to the UK Cards Association (UKCA) research we shared last week. From 2006 at 6.7 billion purchases to 2016 at 16.4 billion, U.K. citizens are spending less physical cash and moving their buying efforts to the online world.“ Supplier Takeaway Cashless is catching on...

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