Hypermarkets and supermarkets news

13 August 2013
Pan Asian retailer Dairy Farm's local partner in the Philippines accelerates store openings.   Dairy Farm's partner Rustan's accelerating store openings This news follows Dairy Farm's entry to the Philippines in 2012 via a 50% partnership with domestic retailer Rustan's Supercenters. Last year Rustan's Supercenter opened three new stores. In 2013 it plans to open 15 new stores, and ...
12 August 2013
Woolworths has opened a new food emporium style small format store at Brisbane's Hamilton Harbour, featuring concepts and ranges tailored for city living. Smaller format designed for city living The new store at Hamilton Harbour is just over 1,100 sqm and both signals the retailer's desire to open smaller format stores in urban areas, but also its growing focus on its strategy to better tailo...
09 August 2013
Tesco has announced that it has entered into a Memorandum of Understanding with China Resources Enterprise (CRE) and are in exclusive talks to combine their operations in the country. Combination would bring together best of both companies Tesco said that the combination of the two companies' operations would 'bring together CRE’s deep understanding of local customers, established natio...
08 August 2013
Ahead of Tesco's official launch of its new destination format Extra store in Watford on Monday 12 August, we've been in-store for an early look at the new hypermarket format. High profile launch combining 18 months of hard work This is a high profile relaunch for Tesco as it looks to re-invigorate growth in its largest hypermarket stores. When we passed by, there was a lots of activity i...
08 August 2013
Belgium-based Delhaize has announced second quarter results saying that it had enjoyed revenue growth of 1.7% at identical exchange rates, with comparable sales rising by 1.1% in the US and 0.8% in its home market. Retailer enjoying strong organic revenue growth Delhaize said that at a group level it had seen organic revenue rise by 1.9%, with the US being particularly strong. At its ope...
06 August 2013
This week will see Tesco open a new family restaurant concept at its remodelled 'destination format' Coventry Arena Extra store. Introducing new restaurant trail called 'Decks' The new restaurant called Decks will highlight real and wholesome British food and feature three 'decked' food service areas, focused on breakfast, carveries and pastries. It is understood that the new concept at Cove...
06 August 2013
Chilean retail group SMU is to divest some of its businesses, including 40% of supermarket chain Monserrat and 100% of the Peruvian wholesaler Mayorsa. Group aiming to reduce debt The holding company, controlled by Chilean businessman Alvaro Saieh, hopes the sale will raise between USD300m and USD400m to reduce its debt. The announcement follows denials last week that such a sale was immi...
05 August 2013
Latin America's a region of great and diverse natural beauty, vibrant cultures and larger than life personalities - the late Hugo Chavez of Venezuela to name but one. But there's more to it than carnivals and salsa. Here are three reasons why consumer goods companies should keep an eye on the region... 1. Expanding urban populations Ever heard of a megalopolis? It's a city home to more than...
05 August 2013
Leading South Korean retailer Shinsegae plans to invest KRW 2.5tn (USD 2.3bn) this year to support growth amid weak domestic demand. Investment will boost retailer's performance and create jobs in South Korea Leading retailers including Shinsegae are fighting to achieve growth in a difficult trading climate. The South Korean market is undergoing a period of low consumer confidence and ...
02 August 2013
The Russian retailer has outlined its rapid expansion plans for the second half of 2013. At least ten new stores planned The retailer currently operates 62 hypermarkets across 37 Russian cities and is planning to add 10-12 new stores by the end of 2013. Lenta has not stated how much has been invested in this latest expansion plan. Stores are planned for Ulyanovsk, Belgorod, Tomsk, Perm as...