Coronavirus – Retail & FMCG Updates From Norway
As part of our efforts to keep you, the ESM reader, notified on the latest coronavirus-related developments in the retail and consumer goods sectors, here are the latest news updates from Norway. Click the link in each snippet to view the full story. To return to the map, click here.
Norwegian salmon exports to China fell by a third last week to 240 tonnes, Norway's state-owned seafood marketing organisation has said.
Norway's government-run wine and liquor retailer Vinmonopolet increased its sales by 44% in May from the same month last year as coronavirus travel restrictions prevented the purchase of cheaper alcohol abroad.
Norway's consumer confidence fell to a four-year low in the second quarter as the coronavirus outbreak caused a surge in unemployment and a sharp decline in oil prices, a survey by industry group Finance Norway (FNO) has shown.
More canned food products were sold in Norway in the past four weeks than in any month in the country's history, food company Orkla has told local media.
Nordic consumer goods maker Orkla saw a sales boom in March amid the coronavirus pandemic as customers stocked up on food and other essentials, the company said in a preliminary update.
Sales of fresh whole Norwegian salmon were 15% lower in the week running up to Easter, compared to the corresponding week the previous year, as the coronavirus impacted consumer demand, according to the Norwegian Seafood Council.
NHO Mat og Drikke, which represents the food and drink sector in Norway, has welcomed an initiative by the Norwegian government to encourage those that have been laid off by their employer due to COVID-19 to take up a role in the agri-food sector.
Supermarket chain MENY has announced plans to help local food suppliers during the coronavirus crisis, amid fears that many could go bankrupt.
Norway's central bank has increased its planned issuance of government bonds this year to between NOK 70 billion (€6.7 billion) and NOK 85 billion (€7.5 billion) from an original plan of NOK 55 billion.
Retail giant Norgesgruppen has said that it will 'prioritise' the sale of local fruit and vegetables in its stores this year, in order to show its support for the country's farming sector in the face of COVID-19.
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