Hypermarkets and supermarkets news

25 June 2020
As part of its annual general meeting, Spain-based retailer alliance Grupo IFA has reported its 2019 results with a total consolidated turnover of €26.4 bn (US$29.6 bn) across all its operations in Spain, Portugal, and Italy. In the largest market, Spain, revenue rose 4.9% to €13.5 bn (US$15.1 bn). IFA said its member’s market share in the supermarket channel increased a percentage point betwe...
25 June 2020
DIA Group revealed it lost €142.6m in Q1 2020, while Capbro announced its positive FY 2019 results and outlines its franchise model. Separately, Carrefour is planning to reinforce its support for local suppliers, while Gadisa has modified its proximity strategy in Galicia and Castilla y León. DIA’s challenging Q1 2020 The DIA Group has announced a loss of €142.6m in Q1 2020, an improvement ...
24 June 2020
NTUC FairPrice will continue to provide 100 private label products at discounted prices as part of its SGD50m (US$36m) package to alleviate living costs due to the COVID-19 pandemic. Six months extension from previous price freeze The price freeze was first launched in March 2019 and supposed to end on 30 June this year, however the retailer will extend it until 31 December. The products in...
23 June 2020
Saigon Co.op, operator of a leading supermarket chain in Vietnam, launched a sustainable consumption campaign from 6th to 30th June. This event is held in partnership with SaiGonGiaiphong (Liberated Saigon) newspaper. Promotion of green initiatives More than 500,000 participants have shared the program on social networks to spread the word to shoppers. For the “Green Challenge” project, eac...
23 June 2020
Central Food Retail has launched its first health food store in Tops Market, CentralPlaza Chengwattana, one of its flagshop supermarkets. Source: Central Food Retail   The store is launched under the slogan “Nature’s Delights for a Healthy Life” which offers a complete range of health products to meet all health and wellness-oriented lifestyles. The re...
22 June 2020
Pan-Asian retailer Dairy Farm has launched two new concept stores in Hong Kong. New 7-Eleven convenience store concept partnering Carlsberg 7-Eleven has launched a new concept shop in partnership with Carlsberg. The store is located in Discovery Bay, a residential area popular amongst expats on Lantau Island. The concept is the first of its kind in the market. It allows customers to purchas...
22 June 2020
Italy-based Conad has announced strong 2019 sales results, which has seen it achieve a turnover of €14.2 bn. Francesco Pugliese, Conad’s CEO highlights the position the cooperative is in with a challenging economic outlook ahead for the country. Separately, Conad has opened more Spazio Conad stores and plans to continue expanding the banner during 2020.   Exceeding turnover expectations Con...
19 June 2020
Unicorn Stores has opened a new UNY supermarket in KOLOUR shopping mall , Yuen Long, New Territories, Hong Kong. Famous for Japanese products UNY Yuen Long covers 1,672 sq m and has opened in the space vacated by A.S. Watson’s TASTE supermarket. Available to shoppers is plenty of fresh food, frozen and daily groceries, many of which have been imported from Japan. To celebrate the openin...
18 June 2020
Belgium-based Colruyt Group has reported its 2019 results with total revenue increasing by 1.6% to over €9.5 bn (US $10.6 bn). The group noted that on a comparable basis, revenue rose by 1.7% including petrol and 1.4% excluding petrol, while gross margin rose by 0.5% to 26.8%. Retail revenue: +1.5% to €7.97bn (US $8.85bn) In the Retail segment, Colruyt Group said revenue increased by 1.5% t...
17 June 2020
Aeon has been introducing its Everywhere Cash Register Regi Go service at some of its stores in Japan. The solution was launched in February, allowing shoppers to checkout more efficiently.   Available at 20 stores Currently, around 20 stores across AEON and AEON STYLE banners in Tokyo, Chiba and Kanagawa have made the service available. An increasing number of customers are seeking faster ...