Latest News

Recovery in sight for FMCG in 2020

The fast moving consumer goods (FMCG) sector is expected to grow in the 8-10 per cent range this year and make some recovery in this year. Market watchers expect that an improvement in rural demand would aid the segment’s recovery.

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Coca-Cola Takes Full Ownership Of Ultra-Filtered Milk Fairlife

Coca-Cola has acquired the remaining stake in Fairlife from its joint venture partner Select Milk Producers, now owning 100% of the value-added dairy brand, up from its previous 42.5% minority stake.

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Walmart shuffles executives after holiday season, chief merchant departing

Walmart is shuffling its executive team after the 2019 holiday season. The company’s chief merchant Steve Bratspies is set to depart, according to an internal memo sent to employees Friday by Walmart U.S. CEO John Furner, which was reviewed by CNBC.

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Blueberry farmers are cashing in on the superfruit

Blueberry farmers are cashing in on the superfruit trend that has seen health-conscious consumers flock to the healthy fruit, creating a R1.25bn industry for SA.

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FMCG distributors tell govt: ‘Intervene or we will collapse’

The battle between FMCG distributors and modern trade has escalated after months of simmering tension. Weeks after raising issues of price discrimination and deep discounting with FMCG companies, the Federation of All India Distributors Associations (FAID...

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FMCG brand Rage Coffee raises funding from Refex, Keiretsu Forum

Swmabhan Commerce Pvt. Ltd, which operates fast-moving consumer goods brand Rage Coffee, has raised funding from a clutch of investors led by early-stage technology startup investor Refex Capital.

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Dairy alternatives diversify as the consumer base evolves

A new report from Innova Market Insights on the global dairy alternatives market highlights the complexities of the consumer picture, however, with no single factor driving the rise in purchase rates.

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Woolworths Launches New Tomato Packaging

Woolworths new speciality tomato range is now packaged in a kraft box base which it says will save on many tons of plastic. The innovation means that 77* tons of plastic and a widely recyclable clarified polypropylene lid that will save 128* tonnes of cur...

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Mastercard SpendingPulse: U.S. Retail Sales Grew 3.4 Percent This Holiday Season

Retailers have much to cheer about this holiday season. According to Mastercard SpendingPulseTM, holiday retail sales increased 3.4 percent (ex auto) with online sales growing 18.8 percent compared to 2018. Mastercard SpendingPulse provides insights into...

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Retail sales fall sharply in November

Monthly retail sales fell by 0.6% in November, the fourth month in a row without growth, the Office for National Statistics said. “All main sectors saw their sales fall with the exception of food stores,” ONS statistician Rhian Murphy said.

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