Retail and consumer goods industry news

13 May 2013
Poland-based Eurocash has announced first quarter results, saying that it had benefited from revenue growth of 3.5%, compared to the same period in 2012. During the three month period the company said it generated sales of PLN3,863.9 million (€932.0 million). Cash and carry division drives revenue growth For the period between January and March 2013 the company said that its cash and carry di...
13 May 2013
Netherlands-based Ahold has announced that it will be extending the reach of its Bol.com pick up point stores to ‘almost every Albert Heijn store’. Retailer says formula offers ‘convenience for the customer’ Albert Heijn said that in its research of its own shoppers it had found that 84% are ‘more than satisfied with the service, stating that it offers them more convenience and freedom as t...
13 May 2013
Tesco is trialling a new concept whereby shoppers will be able to control the price and range of products based on their purchasing power and the use of social media. Customers to decide range and price of products on sale The new buying model, called Tesco Wine Co-buys, will allow customers to influence the price and range of products on a new wine ecommerce site, based on how much they purc...
13 May 2013
The US pharmacy chain has expanded its private label range to include a new line of home care products. Focus on high quality The 'Total Home' range encompasses a broad range of household care products for cleaning, cooking and organising including paper towels, food storage necessities, kitchen and bathroom cleaners and light bulbs. The line is formed of over 150 products and is available in...
13 May 2013
Marks & Spencer Al-Futtaim has announced plans to roll out a new store format and add stores across the region. UAE to remain focus in short term Marks & Spencer Al-Futtaim said that the new store format includes better product segmentation a stronger emphasis on the retailer’s fashion sub-brands, like Autograph and Indigo, and further distinctions between product categories, supported by ...
12 May 2013
In the absence of major events to inspire shoppers this year, M&S has launched a new campaign designed to put its food at the heart of everyday occasions. Leveraging M&S's reputation The new campaign to "Make Today Delicious" seeks to build on the retailer's reputation as a destination for special events by showing shoppers how they can use its food to make everyday moments more special. Last y...
10 May 2013
Chilean retailer Falabella has opened a store combining the "best of the physical world with the comfort, speed and convenience of the online world." Customers can browse online and order in-store Customers at the 200 sq m Falabella.com Express, in the city of Los Andes, will be able to see displays of products in categories including electronics and homewares.  A seating area, equipped ...
10 May 2013
Brazilian drugstore operator RaiaDrogasil has reported an 11.8% rise in gross revenues for the first quarter of 2013, during which period it opened 36 new stores: "an all-time record for a first quarter." Consolidating leadership in midwest The majority of new stores were acquired from Drogaria Santa Marta in the state of Goiás.  Eleven of the stores were rebranded Droga Raia, launching the...
09 May 2013
Morrisons has reported that total ex-fuel sales rose by 0.6% in the 13 weeks to 5 May 2013 while LFL sales were down by 1.8%. During the quarter Morrisons succeeded in communicating its points of difference more clearly and sharpening its promotional programme, while also making good progress on its longer term objectives of driving the topline, increasing efficiency and capturing growth. Encourag...
09 May 2013
Whole Foods Market’s second quarter sales, for the 12 weeks to April14, increased by 13.4% to $3.0bn, with comparable store sales up 6.9%. Net income over the period increased by 20.3% to $142m. Improving its relative pricing positioning Whole Foods Market delivered another strong quarter of sales and profit growth as it continues to benefit from investments in value and differentiation. ...