This week has produced a lot of exciting FMCG news once again with big names making the headlines. Take a look back what happened this week.
Digital key part of Coles’ growth strategy
Coles chief executive Steven Cain said its online and click-and-collect service are key to the company’s growth strategy.
Focusing on fresh food and its own brand products also contributed to its growth. The supermarket giant invested in digital initiatives in its liquor business such as Liquorland and Vintage Cellars stores, as well as its convenience business, Coles Express.
South Australians warned after listeria detected in sliced meat
Drakes Supermarkets has recalled its sliced meat product due to presence of potentially deadly bacteria. Dr Chris Lease, acting executive director of public health services, said that as of press time, no health concerns were reported to SA Health. Lease said an infection can be extremely serious, particularly for the elderly, pregnant women or people with weak immune systems.
Violet Crumble makes a comeback to Aussie shores
After buying Violet Crumble from Nestle, Robern Menz has brought production of the chocolate bar back to Australia. Robern Menz CEO Phil Sims said the original recipe and process technique will be followed in the Australian factory. They will also ensure sustainable practices and source cocoa ethically. He said that having “custody of one of Australia’s great brands” is a real privilege.
Coca-Cola Amatil invests in Singapore-based startup
Coca-Cola Amatil (CCA) has invested in start-up business, TabSquare, which specialises AI-powered restaurant solutions to improve the customers’ experiences when dining and improve operations for restaurant owners. CCA group director Partners and Growth, Chris Sullivan, said Amatil X was created so that CCA could become active in the start-up sector and help support smaller businesses.
Lion announces sale of Dairy & Drinks business
Lion has decided to offload its Dairy & Drinks business. Lion CEO Stuart Irvine said that it is the “best option” for the business and it will give them more leverage on consumer wellness trends. Last month, Kirin Holdings said that it was undertaking a strategic review of the drinks company. Lion will continue to explore opportunities in alcohol and non-alcohol products. It will also continue to grow other craft beverage brands.
Walmart Canada latest to explore possibility of cannabis-based products
Retailing giant Walmart has opened up about the possibility of working with the cannabis industry in Canada. Walmart spokeswoman Diane Medeiros told Reuters that the company has already done some research but currently doesn’t have concrete plans to produce cannabis-infused products. Canada is set to become the first major economy to legalise recreational marijuana on October 17.
Alcohol-free Heineken comes to Australia
Heineken has decided to bring its non-alcoholic beverage to Australia. Willem van Waesberghe, Heineken global craft and brew master said that Heineken 0.0 is “has a perfectly balanced taste with refreshing fruity notes and soft malty body.” Heineken used natural ingredients, resulting in an alcohol free drink with 69 calories per 330ml bottle.
That’s it for this week. Check back on Monday morning for more big headlines from the sector!
