Retail and consumer goods industry news

Since launching in 2009, discount retailer D1 has grown to become the third largest grocer in Colombia and the 10 th largest company overall. Despite stiff competition it has become the first discounter in Colombia to record a profit in a Fiscal year, reflecting the positive direction it is going in. Here we explore the reasons behind its success and how the pandemic has influenced change.   ...

Australia’s convenience sector is dominated by forecourt-based stores, however evolution of the sector has been slow and innovation has been stop start in recent years. As Ampol and Woolworths launch their first Ampol Woolworths Metro store in Victoria, we explore whether the partnership’s drive to open more stores will unlock further value in the Australian convenience channel. 14 Ampol Woolw...

Asda has announced plans to expand its refill range at its sustainability store in Middleton, Leeds. The expansion will see it add over 50 new product lines to its refill zone. What brands has Asda worked with? The aim of Middleton is to help shoppers reduce, recycle, and reuse packaging, while also highlighting sustainable initiatives can be provided at affordable prices. The brands Asda p...

Amazon's net sales increased by 27% year-on-year (YoY) to US$113.1 bn, with operating income rising by 33% to US$7.7 bn. Rate of growth slowing Despite the strong sales growth, the rate was down on the 44% increase seen in Q1 this year. Amazon’s international segment grew 36% YoY, compared to North America which grew 22%. North America is still the dominant market, with sales accounting ...

We take a look at three innovative store concepts from the country, spanning different grocery categories including sweets, food-to-go and bakery. They demonstrate how retailers are exploring ways to generate new shopping experience and connect with new and existing consumers. Technology also plays an important role. White Rabbit Candy Store Category : sweets Location : Fengxian New Ci...

The retailer announced the official opening of Guangzhou Tianhe store on 20 July. It is the retailer’s second store in Guangzhou and the 33 rd in the country. More than 4,000 SKUs sourced globally The store is situated in Merrill Lynch M·LIVE World, Huangpu Avenue, Tianhe District, Guangzhou. Covering an area of more than 20,000 sq m, the store offers 1,500 parking spaces. The range consis...

As Carrefour France acquires a minority stake in quick commerce operator Cajoo, its operations in Poland looks to reduce plastic use and it appoints a new chief executive in Brazil, we round up five developments from the retailer. Carrefour acquires stake in quick commerce company in France In its Q2 results statement Carrefour announced its acquisition of a minority stake in quick comm...

Casino has reported Q2 results showing continued pressure in its home market, even on a two-year basis, was being offset by strength in its operations in Latin America. In Q2 2021 Casino reported total sales fell by 6.5%, to €7.3 bn, with organic and same-store sales down by 2.4% and 4.1% respectively. However, the retailer did note the high basis of comparison with Q2 2020, when lockdowns wer...

Wawa, headquartered in Pennsylvania, trades nearly 900 convenience stores in the U.S and posts annual sales of over US$12bn. We highlight its four key strengths and areas to watch. 1) A destination for fresh food Wawa began as a dairy business going back more than 100 years. This background has shaped the retailer’s commitment to delivering fresh food, a category that Wawa is now famous for...

Continente is expanding its partnership with Uber Eats, while Mercadona continues to grow its presence in the market. Separately, Pingo Doce has extended to its private labels with the launch of an active lifestyle range. Continente expands alliance with Uber Eats Sonae MC-owned Continente has expanded its partnership with Uber Eats, offering shoppers access to take-away meals from over 40 Co...