Global food prices are recovering
The FAO index calculates the average price of commodities and is at its highest since April 2023
Black Friday: what does it mean? And how is it doing in 2024?
Black Friday is an expression that originated because traditionally, large American retailers arrived on this date having covered all costs (wages and salaries, rent, supplier payments, interest on loans, and taxes). Everything they sold from Black Friday onwards was pure profit, until 31 December, and thus brought their budgets into the black. In the US, despite a difficult start, record figures for e-commerce
Discounters double their market share in Italy in 14 years: consequences for food quality and the market
Supermarkets should go back to trying to express convenience but also quality. A bit like Leclerc does in France, where it is the absolute leader. Also because the quality of food is deteriorating. And some formats, like the superstore, ‘risk’
Walmart raises its sales forecast thanks to strong revenue and e-commerce growth
Doing a bit of maths, this would mean that Walmart’s online sales were about $30.5 billion from July to September [and 30.5 multiplied by 4 makes $122 billion, although in reality the last quarter in retail weighs much more ], up 27% year-on-year. Although Walmart is still a small player in e-commerce compared to Amazon, its online sales are growing much faster
Report intervenes in the never-ending Prosciuttopoli affair: ‘The Csqa does not check that Parma PDO feed complies with the specifications’
Between swine fever and omitted controls the sector risks sinking
More than black olives: 12 out of 15 packages are chemically ‘coloured’
Those who buy black olives usually think that they are ‘naturally’ black. Often, however, producers artificially colour green, not fully ripe olives
In France and Italy, Amazon in the book market does what it wants, in defiance of the laws of both countries
“Amazon is a lawless actor!”
A reflection on ‘plant-based’ Nutella
The choice to keep ingredients such as palm oil and cocoa, both of which come from distant geographical areas and are often associated with environmental issues, also reminds us that this is not exactly a sustainable product
In Delivery the Covid-19 ‘hangover’ is over: Just Eat is forced to sell off Grubhub
The valuation of the sale is a mere mouthful at $650 million, consisting of $500 million in attached debt and only $150 million in cash paid to Just Eat. Grubhub had been acquired during the 2020 frenzy at a valuation of $7.3 billion
McDonald’s takes the 4 largest US meat producers and/or packers to the antitrust authorities: cartel to fix beef prices
JBS is the world’s third largest food producer and Brazil has, until the day before yesterday, exported to Europe meat treated with hormones banned in Italy
Ideas on the internationalisation of Italian large-scale retail trade from the book “Le Ossa dei Caprotti” at the Stati Generali dell’Export, Milan 11 October 2024
From the missed national champion of the 1960s, with GS – Esselunga, to the multi-regional companies of today. The opportunities missed by Italian large-scale retailers in e-commerce but also in the acquisitions that foreign retailers are making instead
Mercury in fish: watch out for swordfish and blue shark
Large fish accumulate mercury, a persistent pollutant, in their flesh. Our analyses fail swordfish and blue shark, but promote small ones. The advice? Vary the species. Blue sharks are sharks, often passed off as swordfish (=food fraud) and are endangered
