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Coca-Cola Amatil is on track to meet its target of sourcing 60% of its energy from low-carbon and renewable sources by the end of 2019. Currently, 56.2% of CCA's energy comes from low-carbon or renewable sources. Retail sales in Australia rose 0.3% in March, beating expectations of 0.2% growth, with food retail up 0.4% and department stores down 1.2%. The Asia-Pacific region is growing the fastest in the global convenience store market, projected to increase 10.6% annually due to factors like modernization and technology use. A consumer survey found that freshness, taste and price are the most important factors when purchasing chocolate
Coca-Cola Amatil is on track to meet its target of sourcing 60% of its energy from low-carbon and renewable sources by the end of 2019. Currently, 56.2% of CCA's energy comes from low-carbon or renewable sources. Retail sales in Australia rose 0.3% in March, beating expectations of 0.2% growth, with food retail up 0.4% and department stores down 1.2%. The Asia-Pacific region is growing the fastest in the global convenience store market, projected to increase 10.6% annually due to factors like modernization and technology use. A consumer survey found that freshness, taste and price are the most important factors when purchasing chocolate
Coca-Cola Amatil is on track to meet its target of sourcing 60% of its energy from low-carbon and renewable sources by the end of 2019. Currently, 56.2% of CCA's energy comes from low-carbon or renewable sources. Retail sales in Australia rose 0.3% in March, beating expectations of 0.2% growth, with food retail up 0.4% and department stores down 1.2%. The Asia-Pacific region is growing the fastest in the global convenience store market, projected to increase 10.6% annually due to factors like modernization and technology use. A consumer survey found that freshness, taste and price are the most important factors when purchasing chocolate
Weekly Write-Ups (Article write-ups for Mars Inc. All chosen articles relate to the industry in which Mars Inc. operates in)
Coca-Cola Amatil’s energy target on track
At the recent launch of Coca-Cola Amatil’s 2018 Sustainability Report, Managing Director Alison Watkins confirmed the company is on track to hit its target of sourcing 60 per cent of its energy from low-carbon and renewables in the coming year. In previous years, Coca-Cola Amatil focused on natural gas, solar and wind – however, moving forward, Watkins’s mentioned CCA is open to incorporating alternative technologies into core operations. The Sustainability Report indicates CCA currently sources the equivalent of 56.2 per cent of its energy from low-carbon or renewables. May 6th 2019 – Inside FMCG - https://insidefmcg.com.au/2019/05/06/coca-cola-amatils- energy-target-on-track/#daily Retail sales rise at slower rate in March According to the latest trade figures from the Australian Bureau of Statistics (ABS), retail spending rose 0.3 per cent in March in seasonally adjusted terms – beating market expectations of 0.2 per cent growth and representing the fastest year-on-year increase since October 2018. Spending on food retailing, including supermarkets, was up 0.4 per cent, while spending on department stores was down 1.2 per cent, as well as spending on newsagents which was down 0.4 per cent in seasonally adjusted terms. Online retail sales increased, however, with NAB’s Online Retail Sales Index showcasing a 1.7 per cent increase from February. On a quarterly basis, March retail turnover fell 0.1 per cent following a flat December quarter. May 8th 2019 – Inside FMCG - https://insidefmcg.com.au/2019/05/08/retail-sales-rise-at- slower-rate-in-march/#daily Asia-Pacific leads global convenience sector According to research firm GlobalData, the Asia-Pacific region is the largest and fastest- growing region in the global convenience market. Over the 2017-2022, GlobalData predicts this region will experience a compound annual growth rate of 10.6 per cent due to factors including a shift in consumer spending, local retailers increasing focus on store modernisation, and the use of technology. In a bid to attract new customers, convenience retailers are refurbishing stores, providing food services for customers, offering mobile charging points and online purchase collection desks. These factors have so far improved footfall, average basket size and customer satisfaction – all of which contribute to store sales and customer satisfaction. 7Eleven is a prime example of such activity, having recently opened unstaffed stores and improving delivery services to remain ahead of competition. May 8th 2019 – Inside FMCG - https://insidefmcg.com.au/2019/05/08/asia-pacific-leads- global-convenience-sector/#daily Freshness, taste and health dominate consumer preference in chocolate, bread and pastry The tri-annual Puratos’ Taste Tomorrow event (which was held on May 1-2 in Chicago), brought together baking and confectionery professionals to discuss the next frontier of their respective industries. One of the attended professionals, Rollo McIntyre, the Global Head of Innovation at Ipsos, presented a survey which focused on three major consumer categories: perception of quality, process and experience. The report included feedback from over 17,400 consumers, 80 ‘foodies’ from 8 separate cities, as well as 66 industry experts from 16 markets. According to the results, consumers are most concerned with taste, freshness and price when it comes to the bakery, pastry and chocolate products. Almost nine out of 10 consumers place ‘taste’ above all else when buying chocolate, and 75 per cent when buying pastry – compared to 65 per cent in baked goods. Appearance and colour come in at 59 per cent, followed by smell with 55 per cent and the expiration at 44 per cent. Surprisingly, crunchiness was also considered a factor as 65 per cent of consumers stated they enjoyed trying varying textures in foods.