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Suning Commerce Group plans to continue its transition plan in the forecast period, expanding its cloud stores, developing its O2O business model, and increasing its penetration of Northwest China, benefiting from the Belt and Road Initiatives.
Also Read – http://www.marketwatch.com/story/global-organic-snack-food-market-research-report-2021-2021-03-09
Euromonitor…
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Bags and Luggage Specialist Retailers: Bags and luggage specialist retailers posted current value growth of 1% in 2016. The channel remains highly fragmented, and dominated by hundreds of independent outlets operating on a local scale. It clearly benefits from changing fashions, which particularly matter to female consumers. The assortment of bags and luggage specialist retailers favours constant demand, as women’s handbags, wallets, men’s briefcases and other goods need to be replaced…
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LPP aims to strengthen its leadership in apparel and footwear in Poland and expand its sales abroad. The strategic objective of the company is to develop in Western Europe, including Germany, even though this direction is quite expensive and the competition is strong. The company also intends to open new stores in Eastern Europe, including in Russia, Ukraine, Romania and Belarus. The company announced further growth in the sales area, planned to reach 8-9% in 2017, and double-digit growth in…
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Lederle/Whitehall Laboratories is expected to maintain its fifth ranking position in consumer health and its leading positions in vitamins and dietary supplements, vitamins and multivitamins in Saudi Arabia thanks to the company’s popular global brands Centrum and Stresstabs. In addition, the company has heavily invested in advertising campaigns, primarily posters in doctors’ surgeries and chemists/pharmacies. Strong consumer loyalty to its brands has also assisted the company in its…
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Riyadh Pharma Medical & Cosmetic Products Co Ltd’s strategic aim is to strengthen its position within consumer healthcare. The company is expected to continue to forge partnerships with key international players through licensing agreements.
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Adult mouth care continued to post a healthy value performance in 2016. This was due to an increase in consumer health awareness campaigns at local hospitals and medical colleges in cooperation with public and private dental clinics to promote good oral health. In addition, increased advertising, mainly from global players, and the increasing numbers of educated consumers continued to help boost the value sales of the leading brands during 2016. As a result, adult mouth care recorded…
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Increasingly hectic lifestyles and the availability of a wide range of foodservice options led to consumers dining out more often over the review period, and increasingly indulging in fried food. This, in turn, led to an increased number of cases of stomatitis, along with consumers not drinking enough plain water during hot and humid weather. On the other hand, the ageing population also drove demand for adult mouth care products as dry mouth is a common ailment among older…
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Nematekas ZUB aims to remain one of the largest and most technologically advanced meat processing companies in Lithuania. To achieve this aim, it will continue to develop healthier and higher quality meat products, while also applying the latest production technologies to its manufacturing processes. The company constantly invests in upgrading both its equipment and its production methods. It also cooperates closely with the Kaunas Technological University Food Institute to develop…
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Alliance Georgia Ltd has broadened its distribution network in recent years. Previously, its imported products were more concentrated in the capital and several big cities. Later, the company reached remote areas of the country, and currently its products are present in almost every region. Alliance Georgia Ltd’s primary strategic goal is to develop the company in order to maintain strong market positions.
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Jerónimo Martins’ strategy for the forecast period is expected to focus on maintaining a leading position in retailing. In an increasingly fierce competitive environment, the retailing group is determined to boost sales through its supermarkets and achieve a higher share. In order to achieve this goal, Jerónimo Martins is expected to invest in order to improve its cost efficiency and the profitability of its operations in Portugal. The proximity concept is also likely to be emphasised. In…
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The packaged food industry in Saudi Arabia is drastically changing, especially after COVID-19, which is expected to continue to impact the country and consumer behaviour throughout 2020. As foodservice closures drive sales in retail, consumer stockpiling of non-perishable goods is also expected to drive a considerable surge in demand for edible oils in 2020. Consumers have been panic buying in Saudi Arabia through fears that they will be unable to visit shops and that the shops may run out…
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In 2020 e-commerce sales of edible oils in Russia have seen massive growth of 70%, way ahead of the second-fastest rising channel, convenience stores, which has seen sales increase by 21%. All types of edible oil have gained share in terms of both retail volume and retail current value, though have been shrinking in foodservice volume terms as horeca establishments shut down. Overall retail volume has grown by 6% in 2020, compared to 2% in 2019, while overall retail current value growth…
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Despite having the highest expected price increase in edible oils in 2020, rapeseed oil remains the staple edible oil in Poland where, unlike other edible oils, it is grown and produced locally. In other countries in the region sunflower oil has the leading position, so Poland is an exception in this respect. Unit price for rapeseed oil has increased as a result of drought in Poland but, despite this increase, it is expected to remain one of the cheapest oils in the category.
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Olive oil will continue to see dynamic current value growth in 2020 as it continues to develop at a faster pace than other categories of edible oils. As consumers ate less outside and engaged in fewer leisure and travel activities due to COVID-19 restrictions, a tendency towards “everyday luxuries” increased. This benefitted olive oil, which has a wide assortment of premium private label ranges, such as Änglamark and Go Eco, and a relatively high unit price. Sunflower oil will see the second…
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After seeing slow but stable retail volume growth for most of the review period, edible oils has seen a much stronger increase in 2020, along with higher current value growth. Retail sales observed higher growth as the measures taken to prevent in the spread of the virus, mainly in the first half of the year, meant that many people worked and studied from home. This meant more time at home to cook, and therefore an increase in the consumption of edible oils. In addition, some consumers…
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In response to COVID-19 the government introduced its Movement Control Order (MCO) on 17 March, which had a significant impact on consumer movements, while also limiting foodservice to takeaway. Although restrictions were eased in May with the introduction Conditional Movement Control Order (CMCO) social distancing and the mandatory wearing of masks remains in place at the time of writing. These measures have resulted in consumers spending more time at home, which in turn has also led to a…
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Other edible oil generated the highest current retail value sales growth in edible oils in 2020, although it should be noted that this growth was coming from a low sales base. Nevertheless, some interesting developments are being seen in edible oils. In particular, products with a strong ecological profile are capturing the attention of consumers, boosting growth in other edible oils during the year. Private label player Lidl for example now offers separate display shelves for its organic…
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Demand for edible oils is expected to increase in 2020 as a result of the lifestyle changes necessitated by the global COVID-19 pandemic. As Consumers were subject to curfews and restricted movements, such as being encouraged to work from home wherever possible, consumers have been eating more meals at home than they usually would. This will increase demand for edible oils as consumers have had to cook more themselves. Furthermore, as essential items, edible oils benefit from slight…
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The COVID-19 pandemic has led to an increase in home cooking, with people staying at home to avoid exposure to the novel coronavirus even when restaurants have been open. Moreover, when open, many restaurants have been subject to restrictions including reduced working hours and seating capacities, leading to a shift towards serving consumers through delivery services such as UberEats. The increasing prevalence of home cooking has provided a significant boost to demand for edible…
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Coronavirus (COVID-19) has had a major impact on shopping for packaged food, including edible oils, in Italy in 2020. The government’s strategy to cope with the pandemic included the closure of foodservice establishments, while essential retail channels like modern grocery retailers and chemists/pharmacies remained open. As a result, foodservice sales have fallen steeply. While the retail channel has absorbed much of the decline in foodservice, the total volume sales performance is expected…
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