Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Unilever    ULVR   GB00B10RZP78

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets


share with twitter share with LinkedIn share with facebook
share via e-mail
11/02/2017 | 01:36pm CET

Nov. 02--HOUSEHOLD names are planning a shopping revolution by cutting out supermarkets and selling direct to consumers.

In a move that could slash consumer bills, hundreds of popular products could be sold straight to customers through a new website.

It would bypass mainstream supermarkets, allowing firms such as Unilever, Reckitt Benckiser and Mars -- which are understood to have signed up to the initial proposal -- to cut the costs of some of their leading products.

And the service, being developed by tech company INS, poses a new threat to supermarkets already faced with rising numbers of shoppers going online and a push by Amazon to sell groceries.

Bosses behind the project say it will help consumer goods firms fight back against an onslaught of cheaper 'own-brand' products, which are squeezing their market share.

But one analyst warned it could spark a war between supermarkets and manufacturers.

Research by Kantar Worldpanel shows the 'Big Four' -- Tesco, Sainsbury's, Asda and Morrisons -- control almost 70pc of the groceries market.

Peter Fedchenkov, the founder of INS, accused UK supermarkets of 'abusing' their position, which meant they could dictate pricing, packaging and promotions, and even threaten to remove products from the shelves if their demands were not met.

He added: 'Our platform would let manufacturers sell directly to customers and run bespoke rewards programmes, much like Air Miles but more advanced, to save them money. Today's grocery supply chain is highly inefficient and so, by cutting out parts of it, we can reduce costs.

'In the UK you have 25m households and 7,000 manufacturers but just four big retailers with 70pc of the market -- that gives so much power to the retailers.'

Last year a row broke out -- dubbed 'Marmitegate' -- after Tesco pulled Unilever's products from its website and threatened not to replenish supermarket stocks. It came after Tesco refused to pay an extra 10pc for goods demanded by Unilever.

The INS website is being developed and is due for a trial run, probably in Moscow, next year. Fedchenkov said it could be rolled out globally in 2019, with the UK seen as a core market.

Nick Carroll, a retail analyst at Mintel, said the proposal was a big challenge to supermarkets and could spark a showdown. He said: 'If big brands got on board with this, the danger is they could then alienate their supermarket customers, who could decide there is no longer space for their products on the shelves.

'The UK has one of the most advanced online grocery markets and it is still only worth about 6.5pc of the grocery market.'

A spokesman for the British Retail Consortium, which represents the Big Four and other retailers, said: 'This platform will no doubt encourage retailers to continue to innovate to deliver the best deal possible for consumers, who are the real winners from the intense competition in British retailing today.'

Mars yesterday confirmed it had signed a memorandum with INS but did not comment further. A source close to Unilever last night said it was looking at whether it could work with INS, but added: 'There are no plans to do this in the UK or elsewhere at this time.'

A spokesman for Reckitt Benckiser claimed 'no agreement' had been made with INS.


(c)2017 the Daily Mail (London)

Visit the Daily Mail (London) at www.dailymail.co.uk/home/index.html

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on UNILEVER
08:04a UNILEVER : Daily Mail, London, Market Report column
01/19 Retail gloom helps to end six weeks of FTSE gains
01/19 End of easy money sharpens focus on European earnings
01/19 UNILEVER : Range of perfumed treats come alive at House of Lux
01/19 UNILEVER : Investigators at Unilever Report Findings in Toothpaste (Tooth whiten..
01/19 UNILEVER : Researchers at Unilever Report New Data on Dentistry (Investigation o..
01/19 UNILEVER : Research Conducted at Unilever Has Updated Our Knowledge about Toothp..
01/19 Illovo appoints new South Africa MD
01/19 UNILEVER : Studies from Unilever Reveal New Findings on Digital Imaging (The in ..
01/19 UNILEVER : Researchers from Unilever Report Findings in Toothpaste (In vitro and..
More news
News from SeekingAlpha
01/18 The Re-Balancing Act
01/09 How I Beat The Market Again In 2017
01/08 PORTFOLIO STRATEGY 2018 : Conservative Positioning After A Bullish Year
01/08 Dividend Income Update December 2017
Financials (€)
Sales 2017 53 749 M
EBIT 2017 9 387 M
Net income 2017 6 020 M
Debt 2017 17 854 M
Yield 2017 3,04%
P/E ratio 2017 22,18
P/E ratio 2018 19,87
EV / Sales 2017 2,90x
EV / Sales 2018 2,91x
Capitalization 138 B
Duration : Period :
Unilever Technical Analysis Chart | ULVR | GB00B10RZP78 | 4-Traders
Technical analysis trends UNILEVER
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 50,8 €
Spread / Average Target 9,1%
EPS Revisions
Paulus Gerardus J. Polman Chief Executive Officer & Executive Director
Marijn E. Dekkers Chairman
Graeme David Pitkethly Chief Financial Officer & Executive Director
David Blanchard Chief Research & Development Officer
Ann Marie Fudge Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
UNILEVER-2.56%168 815
UNILEVER NV (ADR)0.36%168 822
UNILEVER (NL)-1.32%168 815