Hypermarkets and supermarkets news

02 October 2020
As Eroski and its cooperative members announce developments we round up the news from the organisation. Vegalsa-Eroski’s positive 2019 results Vegalsa-Eroski announced an increase in sales of 3.1% in 2019, taking its sales to €1.1 bn. During the period, Vegalsa-Eroski invested €21.4m in its store network. The retailer said it ended 2019 with 266 stores, made up of: Five Eroski hyperma...
30 September 2020
Walmart has revealed a new look and feel for its US Supercenters, with inspiration taken from airports to help its shoppers complete a fast and easy trip. App driven experience Walmart has developed a new look and feel for its stores, as reported by the Associated Press. Tested in one store, the exterior and interior of the stores will feature the Walmart app icon. The store entrance area w...
29 September 2020
Aeon Stores Hong Kong, which operates stores in Hong Kong and on mainland China has posted a 6.7% increase in sales revenue to HKD5,158m (US$665.5m) for the six months ended June 30, 2020. Hong Kong revenue up 15.9% YoY Revenue from Hong Kong operations in the first half increased by 15.9% to HKD2,423m YoY. The Group expects to expedite the opening of Living Plaza branches in the third quar...
28 September 2020
As Crai plans to continue its expansion plans throughout 2020 as Carrefour and Decathlon launch a partnership to offer shoppers more sport and well-being products in Milan and Esselunga releases H1 results, we round up news from the market. Esselunga sees sales advance slightly in H1 Esselunga said sales rose 0.9% to €4.06 bn in the first half of the financial year, helped by the opening of...
24 September 2020
Giant, a chain of hypermarkets and supermarkets operated by Dairy Farm, has refreshed all its 53 stores with better lighting, easier navigation and new departments to offer better value to shoppers. This follows the retailer’s commitment to keep prices low for 650 products for at least 6 months. Better value and more stable prices Giant hypermarket is investing SGD17m (US$12.3m) to reduce t...
23 September 2020
Coles has announced a new partnership that will see it source 90% of its energy in Queensland from renewable sources. Second 10 year renewable energy deal The retailer has signed a 10 year deal to team up with CleanCo, a state-owned clean energy provider. Power for 75% of the retailer's business in Queensland will come from Australia's largest solar farm (once built) and one of the largest ...
21 September 2020
Novus has announced plans to acquire Billa’s store network in Ukraine (in September 2020). Rewe’s decision to exit the Ukraine does not come as a surprise, with Billa reporting below market growth between 2016 and 2019, at less than 4% annually. In the past, Rewe has withdrawn its Billa brand from markets where it underperformed, such as Croatia and Italy, to improve its profitability and to focu...
18 September 2020
Asda has unveiled two new trial partnerships with leading brands, as it follows through on its 'test and learn' strategy to make stores more engaging to shoppers. B&Q in-store shops A collaboration with the UK's leading home improvement retailer will see compact B&Q stores installed in four Asda superstores. The first two stores, which will open in Dagenham and Sheffield later this year, wi...
16 September 2020
Big C's sales declined by 6% year-on-year for the half of the year, as non-food retail areas were closed and hours were limited due to night-time curfew. The retailer is making plans for the future to return to growth and prevent further business disruptions. Strategies for adapting to new normal The retailer has listed four priorities for growth post the crisis: Product assortment: f...
14 September 2020
Woolworths has shaken up its senior executive team in a move what it described as 'supporting its evolution into a food and everyday needs ecosystem'.  New leadership for Woolworths Supermarkets The current managing director of Woolworths New Zealand, Natalie Davis, will return to Australia and become the new Managing Director of Woolworths Supermarkets. Davis has led the business in New Ze...