Hypermarkets and supermarkets news

18 August 2020
El Corte Inglés reveals an increase in turnover and profits during 2019. Meanwhile, Cepsa and Glovo have expanded their partnership and extended it to Portugal. Separately, Alibaba’s Alba Ruiz highlights the development of the new retail effects since the impact of COVID-19.  El Corte Inglés positive 2019 FY results El Corte Inglés recorded a profit of €310m in its 2019 financial year, an i...
18 August 2020
7,000 roles are at risk at M&S, as the retailer reports an improving food performance and relaunch of its value campaign. Streamlining the business M&S is embarking on consultations that is expected to result in 7,000 roles being cut over the next three months. Areas impacted include its central support centre, regional management and UK stores. This comes as a result of a shift in trade...
18 August 2020
BJC’s consolidated revenue for Q2 2020 reached THB38,604 (US$1,239m), declining by 13.2% due to lower sales across most of its segments except healthcare. Grocery retail segment was also adversely impacted due to COVID-19 measures. Grocery retail sales decreased by 11.7% BJC recorded sales of THB25,698m for its grocery retail business, a drop of THB3,292m (US$106m) or -11.7%. Same-store-sal...
17 August 2020
Mercadona announced it intends to continue its expansion plans, after slowing the pace of new store openings due to the coronavirus pandemic. Meanwhile, the retailer reveals new projects in Spain and Portugal to reinforce local buying and its expansion plans, with it giving specific details about its plans for the latter country and how it will invest in Madrid. Store openings in Portugal M...
13 August 2020
As it aims to reduce carbon emissions and reduce the number of miles driven each day, Asda has launched a new fleet of carbon fibre delivery vans. About the new fleet The new carbon fiber fleet has a 10% improvement in miles per gallon and with an increased capacity inside, the 25 vans can deliver to more customers, reducing the number of miles driven and reducing carbon emissions. ...
13 August 2020
Over the summer, Coop Sverige has invested in digitalising its business. We round up five of its innovations, including its first unstaffed store, as well as two developments from its Test Lab, the Cooper digital assistant and an Augmented Reality (AR) game. The retailer is also trialling mobile self-scanning and will add sustainability declarations on all foods. 1. Two new unstaffed stores to...
12 August 2020
South Africa-based Shoprite saw sales in the 52 weeks to 28 June 2020 rise 6.4% to ZAR156.9 bn (US$8.9 bn), with like-for-like sales up 4.4%. The retailer’s performance was driven by its home market, where sales were up by 8.7%, aided by a strong second half of the financial year. The impact of coronavirus (COVID-19) on its results was underlined by Shoprite reporting that basket sizes grew 18.4%...
12 August 2020
As UAE-based LuLu grows its store base in Egypt and Abu Dhabi and rolls out a contactless payment solution in the UAE, we round up news from the retailer. LuLu expands presence in Egypt… LuLu has opened its second hypermarket in Egypt in Cairo’s District Mall in Sheraton Heliopolis. The new store was its 190th globally. Commenting on the retailer’s expansion plans for Egypt, LuLu’s chairman...
07 August 2020
SM Retail in the Philippines has reported retail revenues for H1 down 18% to PHP139.2bn (US$2.84bn), with strong performance in food, offset by heavily impacted non-food revenues due to COVID-19. Food retail revenue up 15% to PHP100.1bn (US$2.04bn) Strong revenue growth in food was offset by tough trading conditions across its SM Store and Specialty retail functions, where revenue dropped 5...
07 August 2020
Woolworths in Australia is using QR codes and its Rewards data to track and trace customers to help prevent the spread of COVID-19. QR code and Rewards scheme data usage Woolworths has installed a QR code contact tracing initiative into 12 of its stores in Australia, 11 supermarkets in Victoria and a Metro stores in NSW. Shoppers are asked to voluntarily scan a QR code at the entrance to th...