Monday 19 February 2018

SWI swissinfo.ch: US supermarket giant Walmart now selling Swiss-made chocolate


Front page - SWI swissinfo.ch

US supermarket giant Walmart now selling Swiss-made chocolate

    Business

    Reuse article

This content was published on February 18, 2018 2:33 PMFeb 18, 2018 - 14:33
A picture of the production centre where the chocolate for Walmart is being produced

The chocolate for Walmart is produced in Coop's new production centre near Basel, named "Schoggihüsli" (Swiss-German for "little chocolate house").
(Keystone)

Swiss retailer Coop is producing bars for Walmart’s own-brand chocolate, the SonntagsZeitung reported on Sunday.

The chocolate is produced in a newly established production centre near Basel and has been available in Walmart stores since last year, confirmed Reto Conrad, head of production at Coop, to the German-language newspaper.

The amount of chocolate currently exported to the supermarket chain is still low, but Conrad said he assumes that supplies will soon grow significantly.

The chocolate packaging displays the Swiss flag and is labelled as a “Product of Switzerland”.
Big business

Walmart is a prestigious customer for Coop because the collaboration enables its chocolate to have an enormous reach within the US. Walmart currently has 5,000 stores across the country and turned over more than CHF450 billion ($486 billion) in 2017.

+ Find out in which countries Swiss chocolate is most popular

Whilst the Walmart prices are low, production costs in Switzerland tend to be high. In a statement to the SonntagsZeitung, Coop confirmed that producing the chocolate was indeed relatively expensive but said that their Swiss product “targets the high-price segment at Walmart”.

The chocolate does not benefit from government subsidies, Coop said, since almost all the bars sold to Walmart contained 60% cacao and no milk. Under the Swiss “Schoggilaw” (Swiss-German for “chocolate law”), only manufacturers using milk and wheat in their chocolate products receive export subsidies, to compensate for the high cost of these agricultural ingredients.
Painted image of three girls linking arms in the snow. One is eating a Suchard chocolate bar. The other two are holding a box.
Cocoa kings
The pioneers of Switzerland’s ‘Chocolate Revolution’
By Thomas Stephens

How did a country without a single homegrown cocoa bean become one of the world’s leading chocolate manufacturers?
2 There are 2 comments on this article.

    Business

See in other languages: 9

swissinfo.ch/ln
Neuer Inhalt

Horizontal Line
subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.
Email address
Top stories (weekly)
Latest news (daily)
Business (weekly)
Politics (weekly)
Society (weekly)
Fintech (monthly)

Click here to see more newsletters
WEF 2018

WEF Teaser 2018
Podcast
Comment on this article:
|
Log In

During a test phase, unregistered users can also comment.

Write a comment...
Related Stories
Ruby chocolate
Ruby
‘Fourth kind of chocolate’ targets millennials’ taste buds

Milk, dark and white chocolates have divided the loyalty of chocolate fans for decades. Now a fourth kind will soon be available to connoisseurs ...

    Business

See in other languages: 3
Toblerones come in a variety of sizes from 8g to 4.5kg
Cheaper chocolate
Peak Brexit? Toblerone redesign angers British fans
By Anand Chandrasekhar

The introduction of lighter, more affordable versions of the Swiss-made chocolate for the British market has sparked indignation in the UK. Swiss ...
2 There are 2 comments on this article.

    Business

See in other languages: 2
The milk in milk chocolate must be of Swiss origin to qualify for a Swiss label
Swissness test
Tighter rules for ‘Made in Switzerland’ label by 2017

Despite opposition from business associations, the Swiss cabinet approved the “Swissness legislation” on Wednesday that aims to tighten rules over ...
1 There is one comment on this article.

    Business

man's hand in cocoa beans
Sweet sustainability
Chocolate industry makes pact to improve conditions

Switzerland’s chocolate producers have launched the Swiss Platform for Sustainable Cocoa, a joint project to bring about a more sustainable industry.

    Business

Footer

    The company | Partnerships | Imprint | Jobs | Play SWI | Newsletter subscription | Contact

Back to top
World partners:

    Radio Netherlands Worldwide | Radio Canada International | Radio Praha | Polskie Radio

    RTS | SRF | RSI | RTR | SWI

Front page - SWI swissinfo.ch
swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

No comments: