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Foodonomics explains the money and thinking behind what happens in the FMCG industry.

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Substack
PricingOnly free issuesPublishesWeekly
Issues29Founded3 years agoLast Issue22 days ago
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ericschnurrenberger.substack.com
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Latest Issues

This Week in FMCG

An insight into how the UK and Swiss grocery market differ. Both countries have relatively low cost of food as a percentage of income but for different reasons.

*𝘈𝘭𝘭 𝘢𝘯𝘢𝘭𝘺𝘴𝘪𝘴 𝘢𝘯𝘥 𝘰𝘱𝘪𝘯𝘪𝘰𝘯𝘴 𝘦𝘹𝘱𝘳𝘦𝘴𝘴𝘦𝘥 𝘩𝘦𝘳𝘦...

22 days ago
2
2

This Week in FMCG

12 August 2026

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Updates

Retail media was audited for the first time (in the UK)

Nectar360 (The Sainsbury’s Group retail media) is the first UK retail media network certified under IAB Europe’s programme, after an independen...

a month ago
7

The Value Accretive Disclosure Amazon Made in 2020 That No UK Grocer Has Copied (Yet)

KEY TAKEAWAYS

  • Tesco’s core profit grew 0.8% last year while the UK retail media market it operates in grew an estimated 18%, and none of that gap appears anywhere in the results. Retail media sits blended inside one number, so the fast...
3 months ago
4

Lidl vs Aldi: The Divergence Hiding Inside the Discounter Duopoly

KEY TAKEAWAYS

  • Lidl and Aldi are no longer the same commercial conversation. Lidl is compounding growth through loyalty, basket frequency and format quality and its profit nearly quadrupled in FY2024/25. Aldi’s 2024 like-for-like sales...
3 months ago
3

The Slowest Shock in FMCG

KEY TAKEAWAYS

  • Britain’s demographic engine is reversing on every front at once. Fertility is at a record low, deaths overtake births around 2030, the migration surge that masked this has collapsed and growth is concentrating in older,...
3 months ago
6

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Authors

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  • Eric Schnurrenberger

    "Foodnomics" is a weekly economic deep-dive into FMCG headlines, enabling industry professionals to stay ahead of the curve.

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