Category: FMCG News

FMCG News: Vertex Resourcing bring you all the latest news, updates and trending topics from within the UK Fast Moving Consumer Goods (FMCG) industry, in bitesize content.

The Biggest News In FMCG – Vertex’s Weekly News Roundup

In this week’s roundup, Unilever implement a 4-day week, Café Nero reject a takeover bid from Issa Brother and ASDA help feed children during these troubled times.

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Vertex News – WEEKLY ROUNDUP

Today, we look at how certain brands are looking to raise money for the hospitality industry, how beauty brand consumers won’t try anything new and how Co-op are looking to use delivery robots to help their logistics fleet.

Enjoy!

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Amazon Takes On Pharmacy

After years of industry talk, Amazon has formally entered the retail pharmacy market with the launch of Amazon Pharmacy.

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Weekly Roundup Early Christmas shopping

Today, we look at how early Christmas shopping is given retail sales a boost, how the owner of B&Q will be smiling amid the pandemic and why the Consumer Spending will not be despite some good numbers elsewhere.
Enjoy!

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Sainsbury’s Unveils New Fresh Food Market

Sainsbury’s has launched a new ‘Fresh Food Market’ format at a revamped store in Hempstead Valley, Kent, as part of its wider drive to refocus on its core grocery offer.

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Will JD Sports Bail Out Debenhams?

JD Sports has emerged as a serious contender to rescue Debenhams from their financial deprivation during this most turbulent of pandemic times.

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Weekly Roundup Coca-Cola

Today, we look at how M&S is readying itself for their first junk bond, how Coca-Cola European distributors are cutting the price of their price-marked packs, and how the Global Alcohol market is looking in 2020. Enjoy!

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Diageo recalls Guinness 0.0

Drinks group Diageo is recalling all its newly launched non-alcoholic paddy power stout because of a ‘microbiological contamination’, only two weeks after it was launched.

It warned that cans of the new Guinness 0.0 drink, which took four years to develop, may be ‘unsafe to consume’ and advised people who had purchased the alcohol-free beer to dispose of it or return it to where it was bought.

‘It warned that cans of the new Guinness 0.0 drink, which took four years to develop, may be ‘unsafe to consume’  

The contamination is understood to have occurred during the production process at its St James’s Gate brewery in Dublin and tests are being carried out to establish the cause. In the meantime, production and canning has been halted.

Guinness 0.0 went on sale at the end of October this year in 4x440ml can packs in off-licences and in Waitrose and Morrison’s supermarkets, with plans for it to be rolled out to other retailers. It was due to become available on draught in pubs next spring and to be launched in other parts of the world later in 2021.

The new drink was launched to tap into consumers’ growing appetite for non- and low-alcohol options. Even before lockdown, an increasing number of brewers were offering more no- and low-alcohol alternatives, while COVID-19 related restrictions have increased consumers’ thirst for hangover-free options as drinking habits have become home-based.

It seems that this issue is isolated to Guinness 0.0 and does not impact any other Guinness variants or brands. However, if you have bought Guinness 0.0 and have a few cans stacked up in the fridge or stored in the backroom, do not consume it.

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The Vaccine Is Here!

It’s been all over the news; we may have a cure.

The first effective coronavirus vaccine has been developed and it looks like it can prevent more than 90% of people from getting COVID-19. The developers – Pfizer and BioNTech – described it as a ‘great day for science and humanity’. Their vaccine has been tested on 43,500 people in six countries and no safety concerns have been raised. The companies plan to apply for emergency approval to use the vaccine by the end of the month.

‘The two companies say they will be able to supply 50 million doses by the end of this year and around 1.3 billion by the end of 2021.  

No vaccine has gone from the drawing board to being proven highly effective in such a short period of time, ever. There are still huge challenges ahead, but the announcement has been warmly welcomed with scientists describing themselves smiling ‘ear to ear’ and some suggesting life could be back to normal by spring.

Pfizer and BioNTech say they will have enough safety data by the third week of November to take their vaccine to regulators. Until it has been approved it will not be possible for countries to begin their vaccination campaigns. The two companies say they will be able to supply 50 million doses by the end of this year and around 1.3 billion by the end of 2021. Each person needs two doses. The UK should get 10 million doses by the end of the year, with a further 30 million doses already ordered.

The COVID-19 pandemic is having a significant impact on business across the globe, including FMCG and retail – so this will be very welcome news for us all. The pandemic is leading to a recession in many countries and retailers the world over are feeling the pinch the pandemic has caused.

If it is the case that a vaccine will bring things back to normal by spring, then the FMCG industry will be more grateful than many (but perhaps not as grateful as airlines) that this period of economic uncertainty is coming to an end.

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Weekly Roundup Joe Biden wins

In this week’s roundup – Biden set to become US President (you know you’ve been following it), how Poundland’s Shop-in-shops offer will work and the reveal of Nestlé Purina regarding their new pet food brand. Enjoy!

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