Retail and consumer goods industry news

23 January 2020
South Africa-based Shoprite has released an operational update for the six months ending 29 December 2019. It reported its total sale of merchandise had increased by 7.0% to approximately ZAR81.2 bn (US$5.6 bn) driven by its supermarkets in its home market. At a group level, Shoprite said the sales growth was aided by the number of customer visits increasing by 2.1% and product volumes up by 4...
23 January 2020
Aldi Ireland has announced it will be running its 'Grow with Aldi' supplier development programme for the third year in a row, in 2020. So far the retailer has invested €1.5m in this initiative over three years, in association with Bord Bia. We look at what this means for Irish suppliers in more detail. Source: Aldi Ireland What? The 'Grow with Aldi'...
22 January 2020
Talk of Kaufland’s entry into Australia began in 2016, along with speculation around the potential entry of its sister company, Lidl. At the beginning of 2020, the Germany hypermarket operator looked to edge closer to entering the market, with its first store expected to open in 2021 . It has since been reported that Kaufland has invested over AU$430m (US$295m) in Australia over the pas...
22 January 2020
Jerónimo Martins has announced its preliminary sales results for 2019. The retailer revealed positive results across all countries where it operates; Colombia, Poland and Portugal. The retailer claims its strong preliminary sales growth provided it with the confidence to continue to drive forward and invest in 2020. Positive preliminary results Jerónimo Martins’ consolidated sales grew to €...
22 January 2020
After six years as CEO of Sainsbury's, Mike Coupe will retire in May. Simon Roberts, currently retail and operations director, will take up the role from 1st June. Mike Coupe's legacy: a multi brand, multi channel business After fifteen years at Sainsbury's, including six in the top job, Mike Coupe announced his retirement. Sainsbury's Chairman Martin Scicluna described Coupe as "an exc...
22 January 2020
US-based, natural and organic specialist, Lucky's Market, is reported to be closing 32 of its 39 stores. Difficult conditions The retailer, which was founded in 2003, had grown to 17 stores by 2016 when Kroger invested in the business. By 2019, it had expanded to 39 stores, however at the end of 2019, Kroger announced it would be divesting its stake in the grocer, as it focused in on its co...
21 January 2020
Amazon is due to roll out 10,000 electric delivery vehicles in India by 2025, in a bid to reduce the company’s carbon footprint. Over 20 cities The fully electric vehicles (EVs), which are a combination of three-wheeled rickshaws and four-wheeled vehicles, will be operating this year in over 20 cities, including Delhi NCR, Bangalore, Hyderabad, Ahmedabad, Pune, Nagpur and Coimbatore. The mo...
21 January 2020
Google has launched a new feature with the purpose of making it easier to shop from search results. The retailer has also entered an agreement to acquire Pointy, a company that helps local retailers list their product inventory online. Updating Google Search experience Google has enhanced the shopping experience on its Google Search function on mobile. Previously, the retailer enabled shopp...
21 January 2020
7-Eleven, Inc. is set to acquire more than 100 independently run 7-Eleven stores, all of which are located in the greater Oklahoma City metropolitan area. Store network to exceed 9,700 after acquisition At the end of November 2019, 7-Eleven, Inc in North America (U.S and Canada) had 9,631 stores (including franchised and directly operated stores). The deal is expected to close in 60-90 days...
21 January 2020
The John Lewis Partnership has named Rupert Thomas as the Director of Food & Grocery across both its Waitrose supermarkets and John Lewis department stores.  The new role has been created as part of the new 'Future Partnership' structure that aims to bring the two brands together in a single operation for the first time, and sees a single executive team replacing the existing separate ones as of ...