Retail and consumer goods industry news

Speaking to Netherlands-based newspaper De Volkskrant, Ahold’s chief executive, Dick Boer, has said that the company is looking to ‘strongly expand’ the number of Pick Up Points it operates. Expansion in Netherlands… Boer said that the company was investigating opportunities for an expansion in the number of Pick Up Points in the Netherlands , driven by the positive results it had seen in ...

Edeka's Netto Marken-Discount stores are revising their ranges and offers in health & beauty and homecare categories, starting on 2 March 2013. High customer demand for ranges Under the strapline "mehr Drogerie für Sie" (more drugstore for you), Netto Marken-Discount will expand its ranges, both in private label and branded items, as it seeks to offer customers a one-stop shop.  The pr...

Qatar-based Al Meera has announced that it has completed the acquisition of UAE-based Al Safeer’s operations in Oman, marking Al Meera’s first entry outside its home market. Acquisition to add five stores to Al Meera’s portfolio The purchase of Al Safeer’s operations in Oman will see Al Meera acquire five stores in the market. The two hypermarkets and three supermarkets generated sales in the...

Morrisons is launching a children's clothing range, called Nutmeg, next month. A significant new range for Morrisons The childrenswear range, comprising 500 items, will go into 100 stores starting in March, and marks a step forward for Morrisons and a move into new territory. Clearly, childrens clothing ranges have been very successful for many of Morrisons competitors, meeting an important ...

Woolworths has released its half year results for the period ending 31 December 2012, with group EBIT for continuing operations up 6.1% to AU$1,934.7m and net profits after tax for continuing operations before significant items up 5.5% to AU$1,247.2m. All business divisions contributed to EBIT growth with Australian and New Zealand supermarkets' EBIT growth recorded at 6.0% and 8.9% respect...

From recent time spent in-store at Carrefour, here are our four insights on how its domestic hypermarket strategy is evolving. Pricing message is clearly and consistently made The company’s pricing message was communicated in-store through a wide range of initiatives that enabled shoppers to save money. It was clear from our visit that Carrefour’s new chief executive’s strategy of focusing ...

Tesco is reported to be bolstering its marketing department, looking to fill a raft of positions in preparation for its new brand campaign. A significant investment Marketing magazine has reported that Tesco is looking to invest in recruiting more than 40 new members to its marketing team, in both new and existing positions, within its UK and international teams. Tesco is looking to fi...

Lidl is set to invest €120m in its Spanish stores and infrastructure this year. Reaffirming its commitment to Spanish market The planned investment is more than 20% higher than Lidl invested in Spain in 2012. Work will commence this year on a new distribution centre in Murcia and the extension of an existing centre in Barcelona. The investment will also go towards opening new stores ...

Russian retailer, X5 Retail Group, is planning to develop its Perekrestok Express format in Ukraine. Focusing on the Kiev region Having operated in Ukraine since 2004, the company is looking to expand its store portfolio which is currently at 10 stores. Dmitry Smirnov, General Director of X5 in Ukraine, has stated that X5 is due to open the first two stores in Kiev this year as a tria...

Following the addition of nearly 5,000 new stores in 2012, 7-Eleven's global network is set to reach 50,000 stores by the end of the first quarter. A leading global convenience network The overseas convenience operations of Japan's Seven & I Holdings are managed by subsidiary 7-Eleven Inc., based in Texas, US. A network of licensed, franchised and self-operated stores covers sixteen mar...