Retail and consumer goods industry news

24 June 2013
The first half of 2013 has seen some major changes to the makeup of retailers' senior teams. In this article we round up the most significant appointments. Asda : Major changes following McKenna's move to Walmart The year began with the announcement that Judith McKenna was to vacate her position as COO to take up a new role as executive vice president, strategy and international development...
24 June 2013
Aldi Süd in Australia is set to launch an online liquor store on 1 August. This will be the first time that the discounter has offered food or non-food online operations in any of its countries. It has however offered services such as photos, flowers and holidays online in various markets. Extending the reach of liquor categories Aldi's online liquor store ( www.aldiliquor.com.au ) will...
24 June 2013
Metcash has reported solid annual sales for the 12 months ending 30 April 2013, with revenues up 3.8% to AU$13.1bn and underlying profits after tax up 6.9% to AU$281m. Metcash Food & Grocery sales down 2.3% to AU$9.1bn The decline in sales is largely attributed to closure of Campbells branches and other stores in Queensland and WA. EBITA is also down 5% to AU$378m, due to continuing price def...
21 June 2013
Canada’s largest grocery retailer is trialling a new discount format as competition intensifies. EDLP on groceries In an attempt to attract more urban shoppers, Loblaw is experimenting with a new discount format in Calgary. At around 930sqm ‘The Box by No Frills’ is a smaller version of its ‘No Frills’ fascia and will leverage an EDLP strategy on groceries, fresh food and general merch...
21 June 2013
Kaufland, the discount hypermarket format from Schwarz Group, is preparing for an online launch of its grocery offer over the next 24 months. First foray into online The move, reported in Lebensmittel Zeitung, would be Kaufland's first move into the growing online market. It is initially looking at a launch in the German market, with a potential move into its other markets if its initial ...
21 June 2013
US-based Kroger has announced first quarter results showing the retailer enjoyed identical supermarket sales growth, without fuel, of 3.3%, while total sales rose by 3.4% to US$30.0 billion. Sales growth demonstrates ‘progress… of long-term growth strategy’ Discussing the results, Kroger’s management team said its existing growth strategy underpinned its continuing sales strength. By focusi...
21 June 2013
Metro Group is investing €500m as it attempts to turn around sales and earnings at Real over the next three years, according to German trade press reports. German market in focus Germany is more important than ever now that Real has sold its eastern European business to Auchan. CEO Didier Fleury is under pressure to turn the business around; he was quoted as saying "We are here to deli...
20 June 2013
In an interview with LSA, Leclerc’s president, Michel-Édouard Leclerc, gave an update on the retailer’s ecommerce strategy. ‘Retailer to be truly multichannel by 2015’ Leclerc stated that the company is aiming to be ‘ truly multichannel in 2015, rather than multi-format ’. As part of this evolution, Leclerc said that following the launch of a site selling cultural products in April, 150 sto...
20 June 2013
As the little Waitrose convenience format opens in a John Lewis department store for the first time, we've been in-store. Here are our initial thoughts. Impressive store, good sized and amply stocked Source: Waitrose at John Lewis The store is located on the second floor of the store, alongside the restaurant, but away from the main John Lewis trading ar...
20 June 2013
Looking for opportunities ahead of your competitors? Our emerging markets index has two very familiar names at the top, but here we assess five markets from our Top 10 that you are probably less familiar with. Argentina With a population of about 43 million in 2012 and a comparatively high grocery spend per capita – at nearly US$1,500 in 2012 – Argentina is an attractive market for retail...