North America news & analysis

24 June 2022
We look at Sobeys’ fourth quarter performance and consider what’s next for the business as it moves into the final year of Project Horizon, its three-year, growth-focused plan. Q4 and FY key numbers Total sales increased 13.3% to $7,841m, underpinned by the acquisition of Longo’s and an extra trading week (53-week calendar) Q4 same-store sales (ex-fuel) decreased by 2.5%, reflecting e...
23 June 2022
Two of Canada’s leading retailers, Loblaw and Walmart, are launching new programmes to provide shoppers with a range of grocery items in as fast as 30 minutes. While Walmart is adopting a more conventional model for quick commerce, Loblaw is bringing some innovation to the channel. Two launches in two days The announcements from Loblaw and Walmart Canada signal that the Canadian retail mark...
23 June 2022
In the UK, Amazon has opened its first Fresh store outside of London featuring its Just Walk Out technology. The retailer also announced Doug Herrington will take on the role of CEO of Worldwide Amazon Stores following Dave Clark’s departure. 19 th Amazon Fresh store in the UK Amazon has opened its 19 th Amazon Fresh store in the UK in Sevenoaks, Kent. It is the first store to launch o...
22 June 2022
As the largest supermarket retailer in the US, Kroger’s performance provides a great indication of what’s happening across the wider industry. We look at the retailer’s first quarter performance and the value its generating through its fresh, private label, personalisation and digital strategic initiatives. Inflation expected to be higher than originally anticipated Kroger’s first quarter s...
21 June 2022
Our latest research reveals that Walmart’s revenue is set to reach almost $750 bn by 2027. Between 2021 and 2027 it is expected to grow by 4.7% on a CAGR basis, reaching $747.6 bn. $180 bn growth opportunity Our new report Strategic outlook for Walmart , reveals that Walmart’s growth will be led by its operations in the USA, India and Mexico. Over recent years the retailer has recast i...
17 June 2022
Walmart is partnering with the Roku streaming TV service on a pilot project to enable users to purchase products directly from the platform. Media opportunities This new partnership has been developed to make TV streaming an ecommerce shopping destination. The new experience offers product discovery with a seamless checkout experience, enabling purchase directly at the time of inspiration. ...
14 June 2022
Walmart has started a recruitment drive to get UK sellers to offer their products through its third-party Marketplace in the US. This forms part of its strategy to build range parity with Amazon and develop a meaningful new revenue stream. Scaling the platform Walmart.com has grown to be one of the world’s leading websites, combining first-party and third-party merchandise. Around 120m US m...
09 June 2022
Sobeys’ parent company, Empire Company Limited, has become a co-owner of Scene+, with a plan to transform it into one of Canada’s leading loyalty programmes. Boosting membership Empire joins Scotiabank and Cineplex as co-owners of the programme. This enables it to roll it out to its stores, replacing its existing partnership with Air Miles as its core rewards programme. Sobeys plans to star...
07 June 2022
With the business impacted by global supply chain issues, Target is taking several actions to right-size its inventory, reduce costs and protect profitability in the second half of the year. Wrong place, wrong time This is the hangover from the COVID-19 pandemic which resulted in significant supply chain challenges at the end of last year. High demand on global freight lines, plus factory c...
06 June 2022
I went to New York City to see how retail is evolving, taking in convenient food-to-go solutions and the rapid roll out of new technologies and digital solutions. Key learnings from my visits in New York City: Food-to-go specialists are focusing on delivering the most convenient experience through wider range of products, orders via app and super easy collection in stores Getting the ...