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Big Lots swings to Q1 net loss of US$11.1M from net income of US$94.6M last year; net sales fall to US$1.37B from US$1.63B due to 'significant' slowdown in April that resulted in increased markdowns amid spending pressure from higher gas prices, inflation

SC Johnson named corporate charity partner of MLB’s Milwaukee Brewers for third consecutive year; SC Johnson will aid team’s charitable activities through its Saves for the Ocean initiative, donate to groups working to reduce plastic waste in oceans

Gap launches utilitarian-themed Yeezy Gap apparel collection by Balenciaga, which includes tees, hoodies, jogging pants, outerwear, caps; promotional campaign includes virtually rendered avatars wearing looks from the new collection

Gap swings to Q1 net loss of US$162M from net income of US$166M last year amid industry-wide headwinds, challenges at Old Navy; net sales down 13% to US$3.5B as comp sales fall 14%, online sales fall 17%, store sales fall 10%

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An example of a few headlines sent to our customers on Feb, 04 2022
Consumer packaged goods (CPG)

powered by Industry Intelligence, Inc.

February 04, 2022

Industry Roundup
 Packaged Food

Confectionery & Sweet Snacks

Nestle South Africa announces voluntary recall of a limited number of KitKat products due to the potential presence of glass pieces in the chocolates
DFA (02/03)

Nestle to close its confectionery plant in Fawdon, England; last April, the company announced a proposal to shut the site towards the end of 2023; the plant makes products under the Fruit Pastilles, Fruit Gums and Jelly Tots brands
MarketLine (02/03)

Savory Snacks

Morningstar: Hershey exhibits resilience, as Q4 organic sales rose 4% on higher prices, lower levels of promotional spend; Hershey could continue scouring market for acquisition targets, building off tie-ups with Dot’s Pretzels, Pretzels Inc., Lily’s
Morningstar (02/03)

Massachusetts-based Brewer's Foods relaunches its flatbread crackers in new packaging that reduces the amount of plastic used by 90%; the new packaging maintains a window for consumers to see the actual product rather than an image
PR Newswire (02/03)

Cocoa/Chocolate Products

Nestle announces plan to tackle child labor risks, increase farmer income and achieve full traceability in the cocoa value chain in Africa; the company's income accelerator program also looks to advance regenerative agriculture practices, gender equality
Daily Guide Ghana (02/03)

Cereal Products

Post Holdings announces launch of Incredi-Bowl, a new keto-friendly cereal available in three varieties: Chocolate Crunch, Frosted Flakes and Honey Nut Hoops
Post Holdings Inc. (02/03)

Nestle announces launch of its first social impact food in Brazil, featuring a cereal bar in which the profits go entirely to NGO Gerando Falcoes, which fights poverty in 1,700 poor neighborhoods in the country
Valor International (02/03)

Baked Goods

R.R. Donnelley helps Levain Bakery redesign its ecommerce pack, scale up warehousing capacity using a replenishment model; the flexo, litho-laminated box has a paperboard insert to accommodate three pack sizes, cutting an eight-step process down to four
Business Wire (02/03)

Dairy Products/ Dairy Alternatives

UN's Food and Agricultural Organization's Food Price Index rises 1.1% in January compared to December, driven by higher prices for vegetable oils and dairy products
Food and Agriculture Organization (FAO) (02/03)

Chobani announces launches of new Chobani Ultra-Filtered Milk and Chobani Half & Half; both items are made from locally sourced milk and come in paper-based packaging
PR Newswire (02/03)

Packaged Foods

Mondelez announces appointment of Gustavo Valle as EVP and president for North America, effective March 1; Valle is currently the company's EVP for Latin America
Globe Newswire (02/03)

Post Holdings reports fiscal Q1 net loss of US$20.8M, compared to year-ago earnings of US$81.2M; net sales rise 12.7% to US$1.64B
Globe Newswire (02/03)

 Food Services

Quick Service Restaurants (QSR)

Jimmy John's debuts new drive-thru-only prototype location without dine-in services in Bartow, Florida; the location is designed for digital orders and off-premises dining
Nation's Restaurant News (02/03)

Little Caesars announces plans to have between 30 and 50 locations in Spain by 2024 and reach 100 locations in the country by the end of the decade
CE Noticias Financieras (02/03)

Fast-Casual Restaurants

Fazoli's reports systemwide same-store sales increase of 21.7% year-over-year in December, with traffic rising 15.7% in 2021
Globe Newswire (02/03)

Einstein Bros. Bagels to offer new Pepperoni Pizza Egg Sandwich on Feb. 9 exclusively at its 'pop-up pizza shop' in celebration of National Pizza Day; sandwich features pepperoni gourmet bagel, seasoned eggs, cheese, pepperoni and pizza sauce
Chew Boom (02/03)

Restaurants

Shake Shack and DoorDash launch temporary online dating site to promote Shake Shack's new Buffalo Chicken Sandwich, featuring seasoned fried chicken breast in Buffalo sauce topped with ranch dressing, pickles and shredded lettuce on a toasted potato bun
Nation's Restaurant News (02/03)

Yum! Brands announces franchise accelerator fellowship program, selecting 10 Black and Latino MBA students from University of Louisville and Howard University to participate in program that will end with two students being given the keys to a restaurant
Business Wire (02/03)

 Beverages

Drinking Water

Nestle announces 'multi-year' marketing campaign for its San Pellegrino sparkling water brand featuring actor Stanley Tucci; the campaign will have both a digital and TV presence, and highlight San Pellegrino’s Sparkling Natural Water and Essenza lines
just-drinks.com (02/03)

Alkaline Water announces multiple national marketing efforts surrounding the Super Bowl; efforts include a two-page ad in USA Today's Super Bowl LVI Preview and partnership with two NFL personalities
Business Wire (02/03)

Carbonated Soft Drinks

Euromonitor: Diversification driving waves of activity in beverage companies, as international brewers prioritize growth outside of beer via opportunities in spirits, RTDs, nonalcoholic sector, while soft drink producers explore opportunities in alcohol
Euromonitor International Ltd. (02/03)

Refresco completes purchase of German packaged water and soft drinks firm Hansa-Heeman; transaction of the deal, the process of which began last July, not disclosed
MarketLine (02/03)

Beer

Lagunitas and Blue Moon use O-I Glass’ Drinktainer concept as an at-home beer ‘flight pack’; the recyclable, single-serve glass format with a rip-cap closure features a wider opening that replicates the on-premise experience
Packaging World (02/03)

Molson Coors announces limited-time Canadian offering of new Molson Maple Beerup, a line of beer-infused maple syrups available in three grades: Dark Grade, Amber Grade and Golden Grade
Canadian Beer News (02/03)

Non-Alcoholic Beverages

Jones Soda to offer new product featuring ICEE's cherry flavor, part of Jones' Special Release program featuring limited-edition flavors that change every few months
Globe Newswire (02/03)

 Pet Care Market

Pet Food

NutriSource launches new line of SuperStars Training Reward Treats, available in chicken, beef, bacon and cheddar flavors; line is part of company's initiative to support philanthropic causes, including facility dog programs at children’s hospitals
PR Newswire (02/03)

Milk-Bone debuts two new dog biscuit lines Stacked and Stuffed and two new 100% rawhide chews Flavor Twists and Flavor Braids; Stacked contains molasses-, peanut butter-flavored creme filling while Stuffed contains a bacon and beef filling
PR Newswire (02/03)

Pet Care

Colorado-based holistic pet food brand I and love and you debuts two new cat food lines XOXOs and Feed Meow, which feature real, sustainably-sourced meats as well as vitamins and nutrients; brand uses 100% recyclable packaging through Terra-Cycle
Business Wire (02/03)

 Cosmetic Industry

Eye Makeup

Global influencer marketing platform LTK releases 'Most Loved Products of the Year,' including Olaplex No. 3 Hair Protector, Gucci Soleil Bronzing Powder, Elemis Dynamic Resurfacing Pad, IT Cosmetics Confidence in a Cream, Tarte Maracuja Juicy Lip
Business Wire (02/03)

KISS, JOAH Beauty partner with (RED) to launch special edition collection of nails, lashes, cosmetics that support (RED) in fight against pandemics, raise money for Global Fund; range includes ready-to-wear, press-on nail sets, mascara, eye liner, lashes
PR Newswire (02/03)

Hair Care/Hair Styling

TV personality La La Anthony launches her own hair-care brand INALA, launches inaugural product, Power Potion, a leave-in treatment infused with INALA's signature Rice Water Complex, biotin, arginine to strengthen hair, nourishes scalp
PR Web (02/03)

Estee Lauder Cos. posts fiscal Q2 2022 net earnings of US$1.09B, up 24% from year-ago's US$877M, as net sales jump 14% year-over-year to US$5.54B; sales grow across regions, categories, with fragrance up 29%, hair up 17%, skin care up 12%, makeup up 11%
Business Wire (02/03)

Cosmetics

AS Beauty acquires Cover FX, a cosmetics line that blends color, customization, skin care; deal is AS Beauty's fourth acquisition since 2019--including Laura Geller Beauty, Mally Beauty, Julep Beauty--will boost company's overall revenue by 40% by 2023
PR Newswire (02/03)

Beauty Accessories & Tools

Singer Halsey's cosmetics brand about-face introduces first body collection, Shine of the Times, including Light Lock Illuminating Body, a jelly cream body shimmer in five shades, Fractal Glitter Dust, Light Lock Body Brush for all-over application
PR Newswire (02/03)

Beauty Retail

Ulta Beauty unveils latest diversity, equity, inclusion commitments, with focus on brand amplification, assortment growth, equitable guest, associate experiences; Ulta to launch Brand Partner Accelerator Program focused on early-stage BIPOC beauty brands
Business Wire (02/03)

Afore by Dr. Few's CBD Face Cream with Retinol launches at Allure Store in New York City; CR Emulsion combines CBD, retinol, peptides to reduce wrinkles, fine lines, hyperpigmentation while mitigating harsh side effects of traditional retinol solutions
PR Newswire (02/03)

 Personal Care

Soaps, Bath & Shower Products

Henkel brand Dial highlights partnerships with Plastic Bank Recycling, TerraCycle; partnerships involve the planned use of Social Plastic for its soap refills, and the recycling of components that cannot be recycled through traditional curbside recycling
PR Newswire (02/03)

4711 to launch Acqua Colonia Starfruit & White Flowers, a new fruity-floral fragrance designed to raise happiness hormones, available in 50, 170ml eau de cologne, accompanied by 200ml scented shower gel
Fragrantica (02/03)

Wipes/Towelettes

Wipes producer Rebel Converting will highlight nonwovens converting abilities at IDEA2022; company's Extreme Canister, made with its customizable full digital in-mold labeling technology, can be used for hard-to-hold chemistries or refill programs
Nonwovens Industry (02/03)

Personal Care

Executive Perspective: Unilever CMO says pandemic 'accelerated this end-to-end digital transformation of our business'; company doubled down on its investment in AI, machine learning, while Unilever's digital spend now tops 40%--and more than 90% in China
The Drum (02/03)

Kao's consumer business reports full-year 2021 net sales of 1.14T Japanese yen, down 0.7% from 2020; home, hygiene sales drop 1.3% year-over-year, while health, beauty care sales fall 2.2%, and cosmetics sales rise 2.5%
Kao Corp. (02/03)

 Household Products

Laundry-Care Products

Early-stage venture capital firm Rachel Zoe Ventures invests in Cleancult; eco-friendly cleaning brand packages soap in paper-based milk cartons, offers reusable glass dispensers, biodegradable formulas for laundry detergent, cleaners, dish, hand soaps
PR Newswire (02/03)

Dishwashing Detergents/Dish Soaps

Henkel brand Pril now offering a refillable pump dispenser for its Stark & Natürlich line of dishwashing products; the bottle body is made exclusively from recycled plastic and the refill pouch saves as much as 70% plastic compared to the pump dispenser
Henkel AG & Co. KGaA (02/03)

Cleaners

American Cleaning Institute reports combined upstream, downstream economic impact connected to cleaning product manufacturing in US supported nearly US$200B in annual output, almost 700,000 jobs in 2019; direct impact in 2019 was US$57.4B, 66,600 jobs
Business Wire (02/03)

Home & Garden Care

Euromonitor: Consumers chasing sustainability are creating opportunities for businesses, as organic packaged food is among fastest-growing categories in health/wellness, home gardening has surged, secondhand items are popular across apparel and furniture
Euromonitor International Ltd. (02/03)

Household Products

Central Garden & Pet's fiscal Q1 2022 net income climbs 60% to US$9M from US$5.6M in year-ago period; net sales increase 12% year-over-year to US$661.4M, driven by recent acquisitions that contributed US$70M to the quarter
Business Wire (02/03)

Clorox CEO says company executing well on 'things we can control'-- taking strategic pricing actions, driving cost savings while restoring supply, advancing consumer-centric innovation pipeline; Clorox expects elevated costs to persist through fiscal 2022
The Clorox Co. (02/03)

 Consumers

Consumer Economics

US home value surged 18.6% over the past year to US$38.6T in December from US$32.6T in December 2020, led by gains in Austin, Texas; low mortgage rates, remote work, soaring stock market fueled homebuyer demand amid an ongoing housing shortage: Redfin
Redfin Corp. (02/03)

Consumer Behavior/Attitudes

Ninety-five percent of US consumers report eating during the morning on an average of six times a week, according to data from IRI, adding that the total breakfast sector slightly outpaced the Total Food & Beverage sector in 2021
FoodNavigator-USA.com (02/03)

Americans are projected to eat 1.42 billion chicken wings while watching this year's Super Bowl, according to report from the National Chicken Council; retail wing prices up about US$0.30/lb. on average year-over-year
National Chicken Council (NCC) (02/03)

 Stock

Latest: Feb, 03 2022

Latest Value Prev Chg YOY Chg
Watchlist
Anheuser-Busch InBev NV (ABI) :EBR 56.36 56.43 -0.12% 3.30%
Asahi Group Holdings Ltd. (25020) :TYO 4,790.00 4,783.00 0.15% 10.88%
Campbell Soup (CPB) 44.60 44.54 0.13% -5.35%
Clorox (CLX) 165.34 166.99 -0.99% -19.18%
Coca-Cola Company (KO) 61.61 61.18 0.70% 26.33%
Danone SA (BN) :EPA 55.85 55.06 1.43% 2.14%
Diageo plc (DGE) :LON 3,815.50 3,743.50 1.92% 25.34%
General Mills (GIS) 69.05 68.77 0.41% 21.52%
Kao Corp. (4452) :TYO 5,730.00 5,780.00 -0.87% -27.26%
Kellogg Company (K) 63.47 63.39 0.13% 9.41%
Kirin Holdings Co. (25030) :TYO 1,865.50 1,861.00 0.24% -16.04%
L`Oreal (OR) :EPA 379.60 377.80 0.48% 27.21%
Nestle SA (NESN) :VTX 120.50 119.08 1.19% 17.54%
Procter & Gamble (PG) 164.14 162.60 0.95% 27.29%
Unilever plc (ULVR) :LON 3,782.50 3,749.00 0.89% -11.97%
SAMPLE REPORT