Retail and consumer goods industry news

10 July 2020
We look at the two new developments from discounter Aldi, including the upgrades it has made to its customer flow system, and its commitments to British products. 1. Traffic-light system upgrade In May, Aldi launched a new  traffic light system to control customer flow. The traffic lights signal when shoppers can enter the store, based on individual store customer limits. As the doors on...
10 July 2020
Challenger symbol group, Simply Fresh has brought in forecourt retailing veteran Michael O’Loughlin as its new chief operating officer.  As of 31 August he will take on the role currently held by group founder Kash Khera, who himself will move over to become business development director. Most recent experience with MFG Having been a key figure in the expansion of Irish forecourt operator A...
10 July 2020
Costco's sales continue to improve, with net sales in June up 11.1% to $16.18bn. This reflects the shift towards one big shop and Costco's strength in this area. Strong growth across its markets The performance in June builds on the progress made in May, when net sales increased 7.5% to $12.6bn. During the month of June, sales were up in all regions, with the US growing by 11%, Canada up 8....
09 July 2020
In an interview in The Grocer, Chief Product Officer, Andrew Yaxley has set out the thinking behind Tesco's new drive for 'clear and consistent pricing' on its most popular lines. Responding to changing customer demand The Tesco viewpoint is that with the country entering an unprecedented recession, the retailer has a duty and responsibility to be on the side of customers, and that means li...
09 July 2020
Asda is partnering with Uber Eats to offer grocery delivery in 30 minutes. Meanwhile, Uber is also launching an on-demand delivery service in Latin America and Canada. Asda trial Asda is launching a trial with Uber Eats from its stores in Leeds (Pudsey) and Birmingham (Barnes Hill). Customers will be able to order, with no minimum spend, from more than 300 own-brand products and branded ...
09 July 2020
Major UK-based variety retailer Poundland has revealed new insight into recent trading in just published annual accounts. Revenues returning to pre-lockdown levels Though classed as an essential retailer during the lockdown, Poundland closed 85% of its stores where customer reduced customer traffic made them unprofitable in the short term. As stores have reopened progressively, revenue has ...
09 July 2020
Following a spike in new cases and the renewed lockdown of parts of Australia's second largest city, how have retailers responded and what can other businesses and markets learn? 1. Short term buying restrictions As reports of new COVID-19 cases in Melbourne were revealed, Coles and Woolworths were both quick to respond to reinstigating buying restrictions on certain products in response to...
09 July 2020
We explore five ways drugstores seek to support physical and mental wellbeing through facilitating new healthcare services and developing new campaigns to focus on mental health. New healthcare services Walgreens launch new full-service doctor offices Walgreens has partnered with VillageMD to offer full-service doctor offices co-located at Walgreens stores. The drugstore chain announce...
09 July 2020
Japan's four largest retailers, Seven & i Holdings, Aeon, FamilyMart and Lawson, have posted their Q1 results for the three months from March 1 to May 31, 2020. Summary and our view The big four’s Q1 results show the sheer impact of COVID-19 has had on trading in Japan. The period saw a declaration of a state of emergency in Japan from April into May, temporary closure of various facilities...
09 July 2020
We bring you the latest media and marketing news from Kroger. Advancing 'Fresh for Everyone' campaign Kroger is partnering with an integrated media agency to support its 'Fresh for Everyone' campaign, which was launched last year. The brand transformation campaign aimed to bring Kroger's strategy to life and reinforce its food first credentials. The agency selected, Dentsu Aegis Network, wi...