£11.5Bn 59.7% 27.1% 867.9P 324.6P 164.3P 19% 31% 37% 568M 79

Total Page:16

File Type:pdf, Size:1020Kb

£11.5Bn 59.7% 27.1% 867.9P 324.6P 164.3P 19% 31% 37% 568M 79 Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2017 01 Strategic Report Highlights Governance Financial Statements betterbusiness Net Revenue Reported Earnings Per Share (diluted) Health and Hygiene £11.5bn 867.9p 79% Like-for-like (LFL) growth1 Flat +238% of RB base business Net Revenue1 Total reported growth +21% Reported Gross Margin Adjusted1 Earnings Per Share (diluted) DvM 59.7% 324.6p 33% -150bps +7% of RB base business Net Revenue1 Adjusted1 Gross Margin 61.1% (-10bps) 1 Definitions of non-IFRS measures and their 1 Adjusted Operating Margin Total dividend for the year reconciliation to IFRS measures are shown on 27.1% 164.3p page 39. -70bps +7% Reported Operating Margin 23.8% (-10bps) bettersociety Continued transformation of RB Net Revenue from more People reached with Health and The acquisition of Mead Johnson Nutrition sustainable products Hygiene messaging (MJN), disposal of RB Food and reorganisation into two new, focused business units continues RB’s transformation into 19% 568m a consumer health and hygiene company. betterenvironment % Net Revenue from consumer health at end of 2011 versus end of 2017 Greenhouse gas emissions per Water usage per unit of unit of production production 50% 29 percentage points increase since 2011 31% 37% (pro-forma2) Reduction since 2012 Reduction since 2012 2 Assuming ownership of MJN from 1 January 2017. This is based on the 2017 definition of Health as per Note 2 to the Financial Statements. 02 Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2017 Our business model We’re using To power our strengths our business Strategic inputs Our operating segments In 2017, RB was organised into three operating segments – Europe and North America (ENA), Developing Markets (DvM) and Infant and Child Nutrition (IFCN). Our people and culture ENA DvM We employ outstanding people, who work in a unique culture that harnesses their passion and Europe (including Russia/CIS Africa, Middle East (excluding allows them to make a real difference and Israel), North America and Israel), Turkey, Asia (excluding Australia/New Zealand Russia/CIS) and Latin America Our brands Net Revenue Net Revenue We have 20 Powerbrands, which are leaders in their markets and offer faster growth and higher margins £6.7bn £3.3bn Our knowledge and skills IFCN We have deep consumer understanding, proven IFCN is the acquired MJN business, which includes the world’s leading R&D capabilities and an agile organisation, which franchise in infant and children’s nutrition gets products to market fast Net Revenue (pro-forma1) Our relationships We develop strong, value-creating relationships with customers, consumers, suppliers and £2.9bn communities 1 Refer to page 39 for basis of preparation. Our infrastructure Our categories Our business is underpinned by well-invested manufacturing sites, R&D laboratories and Health logistics centres Nourishing the best start to life with the IFCN business, and treatments for everyday issues such as Our financial strength pain and flu, wellness products covering sexual wellbeing, footcare, vitamins and supplements Shareholders’ equity, debt and retained profit give us the financial resources to implement our strategy Hygiene Personal and home hygiene products which provide the foundation for healthy living Home Brands that make the home environment more harmonious and less stressful, so families are happier every day Reorganising for growth From Q1 2018, RB is developing a platform for future growth and outperformance by creating two focused, fully accountable and more agile business units – Health and Hygiene Home. See page 9 Our purpose is to make a difference RB 2.0 reorganising by giving people innovative solutions for long-term growth for healthier lives and happier homes and outperformance Now we are starting a new chapter of sustainable outperformance with the creation of two focused, fully accountable and more agile business units – Health and Two companies, both rich in history Hygiene Home. and expertise, joined forces. Thomas and Reckitt & Sons Mead Johnson Gaviscon Ecolab Lehn & Fink Reckitt and Adams Schiff Nutrition Hypermarcas We are driven by: Isaac Reckitt founded in Hull founded Acquisition Acquisition Acquisition Benckiser Respiratory Acquisition Condom and MJN brings to RB: build the Maud 1840 1905 1970 1987 1994 Merged Therapeutics 2012 Lubricant Front line obsession Foster mill 1999 Acquisition Acquisition Excellence in infant and child nutrition 1819 2008 2016 Category focus and expertise Deep understanding of new parents Ownership & Entrepreneurship Benckiser Reckitt Reckitt & Sons Air Wick Boyle Midway Sold Colman's Boots SSL K-Y Brand Mead Johnson Respected relationships with healthcare founded in launched on merges with J Acquisition Acquisition Food Business Healthcare International Acquisition / Nutrition professionals Ready to disrupt Germany London Stock & J Colman to 1985 1990 1995 Acquisition Acquisition Spin off Indivior Acquisition/ Radical simplification 1823 Exchange become Reckitt 2006 2010 – (RB Pharma) Sold Food Scale and infrastructure in new markets 1888 & Colman 2014 Business 1938 2017 Together we will find new and exciting The future of RB is exciting. The changes ways to promote health and wellbeing, we are making will reignite the potential of from infancy to adulthood around the world our people and our brands and create value for years to come. w Better 1819 together RB 2.0 2018 2017 Health We will change the world by making people Enfamil has been trusted Nutramigen was the first healthier and live better by nourishing the best by generations of mums, and is the most extensively start in life and empowering people to take dads, caregivers and studied formula of its kind. health into their own hands healthcare professionals Seventy-five years after for safe, high-quality, its launch, it remains the beneficial products based world’s #1 brand for the on leading-edge nutritional dietary management of science. Cow’s Milk Allergy (CMA) in infants and young children. Hygiene Home We will create a cleaner world by bringing our Mortein Scholl Lysol Veet Harpic Durex Dettol Nutramigen Woolite Air Wick Finish Calgon Strepsils Enfamil Clearasil Gaviscon Nurofen Vanish Mucinex Cillit Bang innovative solutions to a billion homes launched launched launched launched launched launched launched launched launched launched launched launched launched launched launched launched launched launched launched launched 1880 1904 1912 1922 1923 1929 1932 1942 1951 1943 1953 1956 1958 1959 1959 1965 1983 1983 2002 2004 On 17 August 2017, the Group sold the RB Food business to McCormick & Company, Inc. for US$4.2 billion (£3.2 billion) in cash. Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2017 03 Strategic Report Governance Financial Statements And pursue So we drive our purpose outperformance Our purpose is to make a difference, by giving people Our strategy and operating model innovative solutions for healthier lives and happier homes. create value for all our stakeholders. Megatrends See pages 30 to 31. People Powerful long-term trends are influencing our markets RB provides exciting and and driving demand for our products, from longer lives challenging careers, with excellent rewards for and increasing incomes to the relentless rise of 40,000+ outstanding performance technology and e-commerce. challenging careers Our strategy Consumers We have designed our strategy to respond to these Consumers receive trends and deliver long-term success. innovative, safe and 20 high-quality products, which betterbusiness bettersociety betterenvironment give them healthier lives and market-leading Powerbrands How we outperform, How we support our How we reduce our happier homes through our focus on communities and environmental impact our brands, markets, drive quality and and ensure we source people and creating safety in all we do materials responsibly Shareholders a digitally connected company Shareholders benefit from strong operational and Our operating model 160% financial performance, resulting in attractive returns Total Shareholder Return via dividends and long-term Our three-part model enables us to rapidly scale up our since adoption of our share price appreciation ideas and offer them to consumers worldwide. strategy in 2012 Create Scale Activate Create innovative Scale our Activate our ideas products that meet innovations, to make through our customer Communities consumers’ them as global as relationships, while Our products and social under-served possible driving consumer programmes lead to demands demand through improved health and offline and digital 568m hygiene standards people reached with health and channels hygiene messaging Our values Our values help us to realise our vision and purpose Customers and are key to our distinct culture. Customers gain from selling Bricks and our leading brands, which Achievement Ownership grow each category and mortar and drive customer value in relevant channels Hungry for ‘It’s my business, outperformance Responsibility I own it, I drive it’ e-commerce Doing the right thing Partnership Entrepreneurship Building trusted Courage to disrupt relationships to the status quo create value See pages 16 to 17. 04 Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2017 Chairman’s Statement A significant year for RB Business performance RB made substantial The acquisition of Mead Johnson RB’s top line performance was Nutrition (MJN) represented affected
Recommended publications
  • Reckitt Partners with the Cambridge Centre for Risk Studies As It Advances Its Commitments to Carbon Neutrality
    Reckitt partners with the Cambridge Centre for Risk Studies as it advances its commitments to carbon neutrality 9 June 2021 – Reckitt today announces its strategic partnership with the Cambridge Centre for Risk Studies (CCRS) as it progresses its sustainability ambitions. The partnership advances Reckitt’s ongoing commitment to deliver on the Paris Accord and its ambition for carbon neutrality by 2040 while delivering growth and long-term shareholder value. Its strategy for managing climate change includes action across the entire footprint of its organisation. The CCRS is working with Reckitt to support its climate change activity with analytics, including: • A detailed assessment of leading climate science to test and inform activity within changing patterns of extreme weather, and different scenarios of transition risks including regulatory change and consumer sentiment trends. • Strengthening Reckitt’s financial quantification of these impacts, by mapping Reckitt’s global business activities and the potential consequences of future changes. • Analysis of potential ways to evolve the business to achieve its goals for the Paris Accord and net-zero ambitions. Reckitt is the official Hygiene Partner for COP26, and is playing its part in tackling climate change by setting science-based targets to reach net zero emissions. In June 2020, Reckitt committed to accelerate the delivery of the Paris Climate Change Agreement and RE100, with the goal of achieving 100% renewable electricity across its operations by 2030 as part of an ambition to be carbon neutral by 2040. David Croft, Global Director of Sustainability, Reckitt, said: “We selected Cambridge because of its experienced, comprehensive and science-based approach to assessing and addressing climate-related risks, opportunities and metrics.
    [Show full text]
  • RB Partners with Veolia to Drive a Circular Plastics Economy
    RB partners with Veolia to drive a circular plastics economy Reckitt Benckiser (RB) and Veolia have today announced their partnership to drive the shift to a circular plastics economy. The partnership with Veolia is another step RB is taking to fulfil its pledge to make 100 percent of its plastic packaging recyclable and to contain at least 25 percent recycled content by 2025. Veolia and RB started working together two years ago to work on increasing the use of postconsumer recycled plastic in RB’s packaging. The first offering from the partnership is the new packaging for Finish Quantum. The packaging now contains 30% recycled plastic and is proudly grey in colour because RB has decided not to add masking pigments or additives to the packaging. The companies will continue their collaboration on designing for recyclability and the maximization of post-consumer recycled content. To accelerate the circular plastics economy, a team of 20 experts from RB and Veolia are also working to develop enhanced collection systems, driving behaviour change to aid consumer sorting habits and improving recycling from households. “The partnership between Veolia and RB Hygiene Home brings together our complementary capabilities to drive ​ a positive contribution to the circular economy. We have just started the journey by increasing recycled content and improving recyclability and are excited about the wider opportunities across our value chains”, says Fabrice ​ Beaulieu, EVP Marketing, R&D and Sustainability for RB Hygiene Home. “We are delighted to be collaborating with RB on this ongoing strategy to reduce their environmental footprint. ​ We are working hand-in-hand with RB to develop packaging with greater recycled content and improved recyclability for the RB group’s consumers,” says Antoine Frérot, Chairman and CEO of Veolia.
    [Show full text]
  • Rb-Annual-Report-2012.Pdf
    Reckitt Benckiser Group plc Reckitt Benckiser Group Healthier Happier Annual Report and Financial Statements 2012 Stronger Reckitt Benckiser Group plc Annual Report and Financial Statements 2012 Contents 1 Chairman’s Statement 2 Chief Executive’s Statement 10 Business Review 2012 18 Board of Directors and Executive Committee 19 Report of the Directors 22 Chairman’s Statement on Corporate Governance 24 Corporate Governance Report 30 Statement of Directors’ Responsibilities 31 Directors’ Remuneration Report 38 Independent Auditors’ Report to the members of Reckitt Benckiser Group plc 39 Group income statement 39 Group statement of comprehensive income 40 Group balance sheet 41 Group statement of changes in equity 42 Group cash flow statement 43 Notes to the financial statements 75 Five-year summary 76 Parent Company – Independent Auditors’ Report to the members of Reckitt Benckiser Group plc 77 Parent Company balance sheet 78 Notes to the Parent Company financial statements 84 Shareholder information Chairman’s Statement largest consumer health care category in The Board conducted its regular reviews the world with the acquisition of Schiff of the Company’s brands, geographic area Nutrition International, Inc. (Schiff) and and functional performance together with its leading US brands in the vitamins, detailed reviews of its human resources. minerals and supplements market. There The Board also completed its annual were also a few disposals of non core assessment of corporate governance assets. Net debt at the end of 2012, after including Board performance, corporate paying for dividends, net acquisitions and responsibility, and reputational and organisation restructuring, stood at business risk. £2,426m (2011: £1,795m). AGM Resolutions Your Board proposes an increase in the final The resolutions, which will be voted dividend of +11%, taking it to 78p per upon at our AGM of 2 May 2013 are share, and bringing the total dividend for fully explained in the Notice of Meeting.
    [Show full text]
  • RB Acquires Queen V
    RB Acquires Queen V An insurgent consumer loved brand in $7Bln+ female intimate hygiene category, re- enforcing commitment to Sexual Wellbeing growth, de-stigmatization and development. London, January 20, 2021 – RB today announces that it has acquired Queen V, a feminine wellness brand established in the US, focused on vaginal health. Founded in 2018 in California, Queen V takes a unique and inclusive approach to vaginal health with its commitment to make feminine wellness more accessible and empower women to take control of their bodies. The acquisition of the Queen V brand is demonstrative of RB’s commitment to innovative, purpose-driven brands that consumers love and is in line with the strategy to play in new spaces and adjacencies. Queen V will be part of RB’s Health Global Business Unit, alongside leading sexual wellbeing brands, KY and Durex. “Queen V is a fantastic purpose-driven brand with products that appeal to the needs of our diverse and evolving customer base. This innovative brand has the potential to enhance wellness and make a positive difference to many consumers’ daily lives. Working together with the Queen V team, we are committed to the shared mission of de-stigmatization, focusing on women’s needs and vagina-positivity” said Olga Osminkina-Jones, Global Senior Vice President of Sexual Wellbeing at RB. For further information, please contact: [email protected] / [email protected] About RB RB* is driven by its purpose to protect, heal and nurture in a relentless pursuit of a cleaner, healthier world. We fight to make access to the highest-quality hygiene, wellness and nourishment a right, not a privilege, for everyone.
    [Show full text]
  • Frequently Asked Questions
    Frequently Asked Questions Why are these companies included on the "Do Test" list? The following companies manufacture products that are tested on animals at some stage of development. Those marked with a Ƈ are currently observing a moratorium on (i.e., current suspension of) animal testing. Please encourage them to announce a permanent ban. Listed in parentheses are examples of products manufactured by either the company listed or, if applicable, its parent company. For a complete listing of products manufactured by a company on this list, please visit the company's website or contact the company directly for more information. Companies on this list may manufacture individual lines of products that have not been tested on animals. They have not, however, eliminated tests on animals for their entire line of cosmetics and household products. What if a company isn't on either of PETA's lists? Some companies have refused to respond to specific questions about their testing practices. It appears likely that these companies do test on animals at some stage of product development, and their refusal to clarify their testing policies appears to be an attempt to mislead consumers. Other companies may be new. If you find a company not included on our lists, please share the company's contact information with PETA so that we can contact the company directly. Legend Ƈ The company is currently observing a moratorium on animal testing. 3M 3M Corporate 1-888-364-3577 www.solutions.3m.com Headquarters 3M Center St. Paul, Minnesota 55144-1000 Acuvue (Johnson & Johnson) Customer (800) 843-2020 www.acuvue.com/ Relations, D-QA 7500 Centurion Parkway Jacksonville, Florida 32256 Aim (Church & Dwight) P.O.
    [Show full text]
  • Sexing Capitalism: Condoms and Industrial Change Peter Chua, San Jose State University
    San Jose State University From the SelectedWorks of Peter Chua August, 2004 Sexing Capitalism: Condoms And Industrial Change Peter Chua, San Jose State University Available at: https://works.bepress.com/peter_chua/17/ Sexing Capitalism: Condoms And Industrial Change Peter Chua Department of Sociology San José State University [email protected] Paper Submitted for the 2003 99th Annual Meeting of the American Sociological Association, San Francisco, CA Sexing Capitalism: Condoms And Industrial Change Abstract In the late 1700s, condoms were luxury items for the affluent in Western Europe, but by the 1970s, the US government gave free condoms out to poor women in Third World areas. Moreover condom availability has increased dramatically since the global emergence of the AIDS pandemic in the 1980s, adding to the already fervent social stigmatization and political contentions on morality, sexuality, and wellbeing that condom use brings. This paper focuses on the strategically joint-relationship between manufacturing firms and governments to foster distinct profit-oriented condom social relations and moral-symbolic regimes of sexual cultures. Proposing a sex-situated theory of capitalist firms, the paper examines the crucial social aspect of condom production, focusing on the changes in the condom manufacturing industry from its initial colonial- “warfare” period (1880s-1930s), its period of massive welfare-state expansion (1940s- 1970s), and its recent neoliberal consolidation (1980s-2000s). Keywords Capitalist Institutions, Sexual Cultures, Condom Commodities; Social Aspects of Production; Economic Neoliberalism Sexing Capitalism: Condoms And Industrial Change In the late 1700s, condoms were luxury items for the affluent in Western Europe, but by the 1970s, the US government gave free condoms out to poor women in Third World areas.
    [Show full text]
  • Durex in India: the Category Normalisation Challenge
    IIMC-CRC-2015-09 IIMC CASE RESEARCH CENTRE (IIMCCRC) PRASHANT MISHRA, TINU JAIN MARCH 2014 DUREX IN INDIA: THE CATEGORY NORMALISATION CHALLENGE THE ORIGIN Reckitt Benckiser, a British multinational consumer goods company, has brands like Dettol (the world's largest-selling antiseptic), Strepsils (the world's largest-selling sore throat medicine), Veet (the world's largest-selling depilatory brand), Air Wick (the world's second- largest-selling air freshener), Calgon, Clearasil, Cillit Bang, Durex, Lysol, and Vanish in its portfolio among many others. The company entered into the contraceptive market acquiring Durex brand globally and had started to run that business since Nov’12. Durex has been making highest quality condoms for nearly 80 years. With over 30% of the global branded condom market, it is the number 1 condom brand in the world. However despite dominant market position globally, the brand has the challenge to change the perception of Indian consumers and channel partners regarding sexual well-being (male contraceptive) to normalise the category and drive growth. The current market share of Durex is around 4%1 in India, a market which is underdeveloped compared to other markets regarding the category size and growth. The brand team acknowledges that there is a lot to be done to make the brand a formidable player in the sexual well-being (male contraceptive) category. A recent study commissioned by the Durex brand marketing team has thrown up some interesting facts about the category dynamics and challenges in marketing condom in India. While pondering over the results, the team was clear about one thing, that to play 1 Source: Brand Marketing Team Survey This case was written by Professor Prashant Mishra and Tinu Jain at the Indian Institute of Management Calcutta.
    [Show full text]
  • Project Flower
    FOR IMMEDIATE RELEASE Reckitt Benckiser Group plc Recommended acquisition of Mead Johnson Nutrition Company by Reckitt Benckiser Group plc Expected completion date of acquisition 12th June 2017, Slough UK, Reckitt Benckiser Group plc (“RB”) is pleased to announce that the final regulatory approval has now been received in connection with the recommended acquisition of Mead Johnson Nutrition Company by RB. Completion of this acquisition is expected to occur on June 15th 2017. About RB: RB* is the world’s leading consumer health and hygiene company. The company has operations in over 60 countries, with headquarters in London, Dubai and Amsterdam, and sales in most countries across the globe. The company employs approximately 37,000 people worldwide. Led by a purpose of providing innovative solutions for healthier lives and happier homes, RB is amongst the top 10 companies listed on the London Stock Exchange. It is the global No 1 or No 2 in the majority of its fast-growing categories, driven by an exceptional focus on innovation. RB’s Health, Hygiene and Home portfolio is led by its global Powerbrands including Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Air Wick, Woolite and French’s. Powerbrands represent 80% of RB’s net revenue. RB is redefining the world of consumer health and hygiene. Its people and unique culture are at the heart of its success. It has a drive for achievement and a passion to outperform wherever it focuses, including sustainability where it is targeting a 1/3 reduction in water impact, a 1/3 reduction in carbon and 1/3 of net revenue from more sustainable products.
    [Show full text]
  • Betterbusiness Betterfinancials How We Drive Growth and Outperformance
    Reckitt Benckiser Group plc Annual Report and Financial2015 Statements betterbusiness 2015 Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements We make a difference to people’s lives through a trusted portfolio of brands, across consumer health, hygiene and home. Our vision Our purpose A world where people are To make a difference, by healthier and live better. giving people innovative solutions for healthier lives and happier homes. Our strategy betterbusiness betterfinancials How we drive growth and outperformance Chief Executive’s Review on pages 8–9 bettersociety betterenvironment How we support How we reduce our communities and our environmental develop our people impact Strategic framework on pages 12–13 Contents Strategic Report bettersociety Governance Report 1 Highlights 24 – Workplace 46 Board of Directors 2 At a glance 26 – Communities 50 Executive Committee 4 Chairman’s Statement 26 – Products 52 Chairman’s Statement on 7 Reasons why RB delivers betterenvironment Corporate Governance 8 Chief Executive’s Review 27 – Greenhouse gas emissions 54 Corporate Governance Statement 10 Our unique culture 28 – Water 60 Nomination Committee Report 12 Strategic framework 28 – Waste 61 Audit Committee Report 14 Our market and resources 29 – Sourcing 66 Directors’ Remuneration Report betterfinancials 30 Our operating model 68 Our remuneration at a glance 16 – Our strategy to deliver 32 Our operating model in action 70 Annual Report on Remuneration 17 – Organisation 34 Creating stakeholder value 79 Directors’ Remuneration Policy 19 – Powermarkets 36 Financial Review 85 Report of the Directors 20 – Powerbrands 40 Strategic Risks 88 Directors’ Statement of Responsibilities 22 – Virtuous earnings model Financial Statements 89 Financial Statements Any information contained in the 2015 Annual Report and Financial Statements on the price at which shares or other securities in Reckitt Benckiser Group plc have been bought or sold in the past, or on the yield on such shares or other securities, should not be relied upon as a guide to future performance.
    [Show full text]
  • Sustainable Chemicals Management: Tools and Trends
    Sustainable Chemicals Management: Tools and Trends November 18, 2015 Today’s topics and speakers Cheryl Baldwin VP of Consulting Pure Strategies Jennifer Duran Global Head of Sustainable Better Ingredients Case Study Innovation RB Bob Kerr Chemicals Management Software Co-Founder & Principal Review Pure Strategies Tim Greiner The Chemical Footprint Project & Co-Founder & Managing Director Market Trends Pure Strategies 2 Key session logistics • All attendees in listen-only mode • Use chat window for questions – during and after presentations • Some attendee-response questions – respond in chat window • Webinar is being recorded • Recorded webinar and slides-only version at www.purestrategies.com shortly after webinar 3 Pure Strategies overview • Founded 1998 – 17 years providing sustainability expertise to leading companies. • Deep experience working with: ◦ Sustainability leaders and those at earlier stages of sustainability pathway ◦ Iconic brands and less widely known companies ◦ Mix of B2C and B2B companies ◦ Food & beverage ◦ Consumer products ◦ Retail ◦ Life sciences www.purestrategies.com 4 Pure Strategies areas of expertise 5 Partial client list Today’s topics and speakers Cheryl Baldwin VP of Consulting Pure Strategies Jennifer Duran Global Head of Sustainable Better Ingredients Case Study Innovation RB Bob Kerr Chemicals Management Software Co-Founder & Principal Review Pure Strategies Tim Greiner The Chemical Footprint Project & Co-Founder & Managing Director Market Trends Pure Strategies 7 Sustainable Chemicals Management • Addressing chemicals of concern • Improving health and • Evaluating and verifying environmental profile composition • Enhancing transparency and collaboration 8 Sustainable Chemicals Management Why are companies enhancing the safety and transparency of chemicals and materials in their products and supply chains? A. Meet regulatory requirements B.
    [Show full text]
  • Consumer Propensity Report by Category
    Consumer Propensity Report Marketing and Merchandising Intelligence for Local Business The Consumer Propensity Report (CPR) shows the lifestyle, product, and psychographic likelihood indices for the consumers within the trade area being analyzed. Major retail, restaurant, grocery, and consumer packaged goods firms use this very same information to drive marketing and merchandising decisions. Each analyzed item is assigned a propensity index score with 100 being average. For example, if the consumers within a trade score a 120 for a given analysis item you know that those consumers are 20% more likely to participate in or purchase that item than the average American household. A propensity index score of 80 would indicate that those consumers would be 20% less likely than the average American household to participate in or purchase that item. Information is provided for 32 major categories with over 4,800 total line items. Please note that line items are based upon national‐level purchasing and lifestyle characteristics. These line items are then correlated to the underlying household characteristics of the consumers within the trade area being analyzed. Some line items may not be necessarily relevant or available currently in your market or region. The index score in these situations serves to indicate the degree to which the consumers would participate in or purchase that item if it were relevant and available. Often this is taken as an opportunity for expansion of a similar brand or concept within the category. CPR Categories Apparel
    [Show full text]
  • INDUSTRY NOTIFICATION August 31, 2018
    INDUSTRY NOTIFICATION August 31, 2018 NEW CLIENTS Previous Address: New Address Effective: 9/1/18 Alaska Seafood Marketing Institute Alaska Seafood Marketing Institute Mandlik & Rhodes Inmar Dept. #81695 One Fawcett Drive Del Rio, TX 78840 P.O. Box 490 Dept. #1392 Tecate, CA 91980 GS1 Company Prefix UPC Company Prefix Brand/Products Family Codes 0881695 881695 Alaska Seafood 000-999 Previous Address: New Address Effective: 9/15/18 Pure Treats, Inc. Pure Treats, Inc. New Couponer Inmar Dept. #78968 One Fawcett Drive Del Rio, TX 78840 373 Joseph-Carrier Vaudreuil-Dorion, Quebec J7V 5V5 GS1 Company Prefix UPC Company Prefix Brand/Products Family Codes 087896800 87896800 PureBites/Animal treats 000-999 Previous Address: New Address Effective: 9/1/18 Meyenberg Meyenberg Universal Inmar Dept. #72904 One Fawcett Drive Del Rio, TX 78840 P.O. Box 222510 Hollywood, FL 33022 GS1 Company Prefix UPC Company Prefix Brand/Products Family Codes 0072904 072904 Meyenberg Goat Milk 000-999 Previous Address: New Address Effective: 9/15/18 Mother Kombucha Mother Kombucha New Couponer Inmar Dept. #68569 One Fawcett Drive Del Rio, TX 78840 4360 28th Street North St. Petersburg, FL 33714 GS1 Company Prefix UPC Company Prefix Brand/Products Family Codes 08685690001 8685690001 Mother Kombucha/ Kombucha 000-999 08602870003 8602870003 Mother Kombucha/ Kombucha 000-999 0855754007 855754007 Mother Kombucha/ Kombucha 000-999 INMAR TRADE RELATIONS RESPONSE LINE 1-800-285-7602 PAGE 1 INDUSTRY NOTIFICATION August 31, 2018 MANUFACTURER SPLITS Previous Address: New Address Effective: 9/1/18 Reckitt Benckiser RB Health (US) LLC Inmar Inmar Dept. #63824 One Fawcett Drive Del Rio, TX 78840 ***The items below used to be sent to Reckitt Benckiser Inmar Dept.
    [Show full text]