Retail and consumer goods industry news

11 August 2022
Trade press magazine, Better Retailing has reported that the Asda ‘The Deal Depot’ store, opened adjacent to the retailer’s Patchway (Bristol) hypermarket in 2019, has been permanently closed (see the First Look report from our visit ). The Deal Depot store was launched as a trial for the potential demand for a warehouse-style format offering a limited range of food and drink products in bulk an...
11 August 2022
Metro Group’s sales rose by 27.2% in local currency, reaching €7.9 bn in Q3 2021/22. The result has been attributed to growing inflation and its strong performance in the HoReCa industry. Sales growth across all channels Metro reported positive developments in all channels in Q3 2021/22, driven primarily by HoReCa: store-based sales grew to €6.1 billion (+18.7%) delivery sales incr...
10 August 2022
Intermarché, part of the Os Mosqueteiros group, has invested in store growth and is expanding its private label range in Portugal. New stores with a fresh feel Since the start of the year, six new stores have opened in Portugal under the Intermarché banner. This includes the renovation of its largest store in Abrantes. The new stores are strategically positioned to expand its customer base....
10 August 2022
Ahold Delhaize shared its positive results globally as well its outlook for the rest of 2022. The US continues with it’s strong growth and Europe bounces back with better growth Q2. Key Figures: Q2 net sales €21.6bn (+6.4%) H1 net sales €41.2bn (+5%) Comparable sales growth in Q2 was +4.2% and H1 +2.7% US Q2 growth 7.7%, comparable sales at +6.4% Europe Q2 growth 4.2%, compar...
10 August 2022
We round up sustainable initiatives from Morrisons, Waitrose, and Sainsbury’s. Morrisons launches carbon neutral eggs Morrisons has launched a private label range of carbon neutral eggs under the Planet Friendly Eggs brand, becoming it claims the first supermarket to do so. The step is part of the retailer’s aim to be directly supplied by ‘zero emission’ British farms by 2030. The eggs come...
10 August 2022
With better tourism sentiment, higher spending power boosted by government stimulus, more private investment and rising consumer confidence, retailers are expecting growth to return to grocery retail from H2 2022. Lotus’s plans store openings in H2 Sompong Rungnirattisai, CEO of Lotus’s, said an investment of THB13bn (US$368m) is planned for the opening new Lotus's stores and refreshing exi...
09 August 2022
As Iceland highlights the challenges it is facing due to rising energy prices, and it launches initiatives to support shoppers, we round up developments from the retailer. Iceland to face challenges from rising energy prices… Iceland has told investors, according to reports in the Financial Times, it is facing challenges from rising energy prices, noting that the ‘ considerable uncertainty ...
09 August 2022
The latest release from the British Retail Consortium Retail Sales Monitor (BRC-RSM) shows that UK retail sales growth accelerated in July to +2.3%, up from -1.0% in June. While overall volumes continue to declined, as shopper confidence remained low, rising inflation has ensured sales values moved positive. However, this buoyant outcome was also underpinned by the impact of the exceptional summe...
08 August 2022
Lidl is well on the way to achieving its REset Plastic goals and is rolling out Rescue Bags across Germany to reduce food waste. Excellent progress towards 2025 plastic usage targets The Schwarz group set ambitious targets for 2025 as part of its REset Plastic goals. Already though, great progress has been made by Lidl in the last financial year: 18% less plastic used across its netwo...
08 August 2022
Dairy Farm International reported total revenue of USD 18,511mn, increased by 1%, and operating profit of USD 76mn, decreased by 37%, year-over-year in H1. It should keep improving sales and profitability, especially in food grocery retail, which suffered the most from COVID-19 impacts in the region. Sales normalizing in supermarket   Excluding the sales from non-grocery, associates and j...