Page 27 - SHS Inform (V25) NEW_Neat
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 Update                      Update
                             Update
 Update
 A key development that has increased our   Online sales continue to be a growth area
 nut roasting capacity by >170% is the invest-  for the brand. Sales on Meridian’s Direct to    ROCKS
 ment in a new roasting oven for peanuts. The   Customer (D2C) site increased by 108% last
 acquisition and installation of this specialist   year. This is our second consecutive year   Rocks has performed exceedingly
 piece of equipment presented numerous   doubling the business online. We also launched   well in April with sales 26% higher
 challenges.  A massive thank-you to everyone   our own storefront on Amazon with 4 SKUs   than during the same period last year.
 who gave up their weekends and worked   to drive Meridian’s online presence as   This is promising as we approach the
 additional hours to ensure the project was   E-commerce continues to grow.  summer season which is traditionally
 successfully delivered. .                     our busiest time.

 Good news on our
 MERIDIAN    sustainability
 A key strategy for Meridian in the major mults   pledge! We have
 has been to regain share on Almond and other   successfully
 nut butters. In Q4 of 2020, in line with some   replaced our 454g
 key customer’s strategies, we trialled EDLP   plastic pots with
 (or GPED, LPED or Price Lock!) on Almond   470g glass jars
 and Cashew. The result was phenomenal! In   and secured major
 Tesco, Sainsbury’s and Asda we increased   listings in Tesco,
 our combined volume YTD by 20% YOY.   Asda, Morrisons, Waitrose, Ocado and Booths.
 Iceland is also adding the 470g Smooth and
 Crunchy Peanut Butters to their range in 120
 Food Warehouse sites.





                                               With the support of SHS Drinks, Rocks
 Meridian has also achieved a personal best   As part of our ongoing support to International   secured the listing of 2 new 750ml
                                               RTD SKUs, Sparkling Strawberry &
 in terms of the number of items produced in   Animal Rescue, we launched a special charity   Blackcurrant and Sparkling Raspberry
 any one week. Historically, our highest ever   edition Gingernut Butter, donating 25p from   & Lime, in Sainsbury’s in December
 output was 492k, but in February 2021,   each jar sold. This, alongside our Rainforest   2020. The variants are now available
 we had two weeks where over 500k   In addition to new glass jars and following   Run and partnership donations, will help IAR   in 163 stores across the country.
 packs were produced which meant   the rebrand of our nut and seed butters   restore 10.6K trees across community forests
 that a total of two   last year, we started work on re-designing   in West Borneo as part of a replanting scheme,   Rocks has also seen its
 million packs were   the rest of the Meridian range. The new   enabling orangutans to move from one forest   highest ever sales week in
 produced in the   look which has retained the same nature   fragment to another in order to survive.  Tesco this month. Two Rocks
 month.   inspired design but features a new    To further support IAR, we launched our   promotions have also been
 rainbow colour was revealed on social    #ProtectPongo campaign which achieved   planned this August for
 media in May.   tremendous coverage. The campaign featured   the three squash drinks in
        across 18 media outlets (with a total monthly   Sainsbury’s and Waitrose.
        reach of 298.5M) including ITV, The Telegraph   We are looking forward to
        and The Times. In addition, Managing Director   seeing the impact of these
        Paul Fraser appeared on Sky News Live with   promotions!
        Ian King. 

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