Now Reading
How COVID-19 Has Changed Coca-Cola’s Business
naughty lesbian honeys are gaping and fist fucking assholes.xnxx patriotic teens banged.

How COVID-19 Has Changed Coca-Cola’s Business

Company prioritizes key brands, adjusts e-commerce,


ATLANTA — The Coca-Cola Co. is prioritizing key brands and adjusting its e-commerce business in response to the COVID-19 pandemic.

The Atlanta-based beverage company is working to ensure adequate inventory levels in key channels and prioritizing core brands and key packages, it said in its first-quarter financial update. It is also increasing investments in e-commerce to support retailers and meal delivery services by shifting toward package sizes that are ideal for online sales and redeploying consumer and trade promotions toward digital.

While the company entered 2020 with solid momentum, its net revenues declined 1% to $8.6 billion, the company said of its first-quarter performance.

In March, as the coronavirus spread, Coca-Cola saw significant changes in consumer purchase patterns, including substantial declines in away-from-home channels.

In at-home channels, the company witnessed early pantry loading in certain markets, followed by more normalized demand levels and a sharp increase in e-commerce. Since the start of April, Coca-Cola has experienced a volume decline globally of about 25%, with nearly all of that coming from away-from-home channels.

In North America, however, unit case volume grew 3% in the first quarter, driven by strong growth in the water, enhanced water and sports drinks category, including premium brands BodyArmor and smartwater. The first quarter also saw growth in juice, dairy, plant-based beverages and Coca-Cola Zero Sugar.

The ultimate effect on the second quarter and full year is unknown at this time, according to the company.

“The company believes the pressure on the business is temporary and remains optimistic on seeing sequential improvement in the back half of 2020. The company, along with its bottling partners, is continuing to adapt quickly to the current environment, with a focus on mitigating the near-term impact while positioning for success coming out of the crisis,” Coca-Cola said in the update.

See Also

Coca-Cola continues to implement additional cleaning and sanitation routines in its facilities and is requiring most office-based employees to work remotely. It is also supporting COVID-19 relief efforts around the world and has committed to contributing more than $100 million to these programs, medical supplies and to help markets hit hardest by the pandemic to recover.

packaged beverages

Get today’s need-to-know convenience industry intelligence. Sign up to receive texts from CSP on news and insights that matter to your brand.

,Company prioritizes key brands, adjusts e-commerce,Read More

What's Your Reaction?
In Love
Not Sure
View Comments (0)

Leave a Reply

Your email address will not be published.

© 2020 Cstorelife. All Rights Reserved.

Scroll To Top
anally destroying a mentally disturbed teenager.xnxx tamil