Retail and consumer goods industry news

28 September 2021
AEON Wellness, the health and beauty division of the AEON Group, has recently announced new initiatives as part of its digital transformation to cope with the impact of the pandemic. Focus on digitisation, convenience and safety COVID-19 may have disrupted AEON Wellness’ operations in the past year, but it has also served as a catalyst for the retailer to accelerate its digital transformation...
27 September 2021
We look at Albertsons’ plans to improve the online shopping experience through introducing livestreaming and shoppable videos, plus its new partnership with Pinterest. Helping shoppers to discover new products Albertsons is partnering with Firework, the short-form video platform designed to bring a shoppable, livestream video experience to any website. This type of model can help transform ...
27 September 2021
As part of its partnership with Too Good To Go, which was announced in December 2020 , SPAR has said it has been able to save one million meals globally in the last nine months. Milestone highlights impact of SPAR collaboration The partnership with Too Good To Go has seen it work with SPAR across 13 markets, or 1,850 SPAR retailers, in Europe. The impact of this partnership, which saw To...
27 September 2021
As Netherlands-based Jumbo opens its 700th store and plans for its first City store in Belgium, we round up these and further developments as it looks to embed its omnichannel strategy. Jumbo opens its 700th store… As the retailer continues its expansion programme, it has opened its 700th store in the Gelderlandplein shopping centre in Amsterdam. The 950 sq. m Jumbo City will be open seven ...
27 September 2021
As Lineaires reports on Système U’s results and Picard and Cora investigate new growth opportunities, we round up news from France. Système U sees sales rise 3% in H1 Local trade publication Lineaires has reported Système U’s sales rose 3%, excluding fuel, in H1 2021. The organisation’s growth was mainly been driven by its non-food activities, which supported its hypermarkets, with sales of...
27 September 2021
Mercadona is investing in Cimcorp’s automated intralogistics systems for four of its distribution centres. Cimcorp has supported Mercadona’s automation efforts since 2013 where, at its distribution centre near Granada, it applied a fully automated order picking system for the retailer’s fresh produce. Who is Cimcorp? Cimcorp has developed unique robotic solutions for order fulfilment and st...
27 September 2021
Unilever, L’Oreal, Henkel, LVMH and Natura & Co are forming a global beauty consortium to develop together an environmental impact assessment and scoring system for suppliers in the cosmetics industry. Brand-agnostic assessment using a science-based methodology This group of five global beauty and personal care companies is inviting more cosmetic companies to join the initiative.  The aim is ...
27 September 2021
COVID-19 may have dampened consumer spending during Deepavali in 2020, but online retailers and suppliers in India are now preparing for ‘revenge spending’ that will likely boost demand during India’s biggest festive season this year. Consumers are eager to fulfil their wants vs. last year’s focus on needs Shoppers in India are now looking forward to go out and celebrate festivities with ca...
24 September 2021
We review Costco’s fourth quarter and full year results and the challenges it is seeing with higher costs, shipping capacity and labour shortages. Fourth quarter and full year key numbers Q4 total revenue up 14.8% to $62.7bn, with full year revenue up 17.5% to $196.0bn Comparable sales for the quarter (ex-fuel and currency impacts) up 9.4%, including up 10.3% in the US, 6.7% in Canada...
24 September 2021
Quick commerce is becoming increasingly competitive in Latin America. The sector is currently dominated by local operators, including Rappi, Cornershop (recently acquired by Uber), and iFood. These businesses have profited from their local know-how, such as understanding consumption habits and knowledge of LatAm’s complex road networks, which is fundamental for logistics and delivery.   This y...