COVID-19: retail news, updates and insights 2022 | Checkout Magazine

Tesco Ireland Extends Fast-Track Payment Terms For Small Suppliers Until January 2021

Tesco Ireland has today announced it is extending its amended payment terms for its smaller suppliers until 31 January 2021. In a statement, the company s...

Kellogg's Raises Annual Profit Forecast As Pandemic Boosts Demand

Kellogg Co raised its full year sales and profit forecast on Thursday, buoyed by rising demand for its Cornflakes and Froot Loops among cons...

Essity Sales Hit By Household Hoarding And Lockdowns

Hygiene products maker Essity suffered an 11% drop in second-quarter sales, hit by coronavirus lockdowns and adverse effects of bulk-buying in the early st...

Walgreens Swings To Loss On $2bn Boots UK Charges, Suspends Share Buybacks

Walgreens Boots Alliance Inc on Thursday swung to a loss in the third quarter and suspended share buybacks, as the COVID-19 crisis further weighe...

Campari To Buy 49% Of Italy's Tannico In COVID-19-Driven Online Push

Italian drinks group Campari has agreed to buy 49% of online wines and spirits company Tannico to boost its online business amid the COVID-19 crisis,...

Salty Snacks Sales Surge

One of the largest categories in grocery retail, crisps and snacks sales have surged during the lockdown, writes Donna Ahern According to recent researc...

Aryzta Reports 21.5% Organic Revenue Decline In Q3, Due To COVID-19 Impact

Aryzta's reported revenue in its third quarter was €644.2 million, representing a 21.5% organic decline versus the same period last year, as the effec...

French Food Group Danone Withdraws 2020 Guidance Despite Sales Uplift

Danone on Tuesday withdrew its financial guidance for 2020 owing to the disruption caused by the coronavirus pandemic but posted higher first-quarter...