Retail and consumer goods industry news

Netherlands-based DekaMarkt, part of the Detailresult group of retailers, has, according to reports in Levensmiddelenkrant, begun to renovate stores to a new format. Stores converted to new ‘market format’ The retailer has been renovating one store a month to the new ‘market format’, but the pace of renovations will be picked up in response to positive shopper feedback. Discussing the strateg...

A UK Lidl store in Norfolk is now home to the first Subway franchise to be launched within the discounter's store portfolio. First tie-up, but potential for more Subway is increasingly looking to expand into non-traditional locations such as convenience stores, supermarkets and universities. This is its first tie-up with Lidl and Trevor Haynes, Subway area development manager, believes ...

The Co-operative has released a new summer marketing campaign that reinterprets traditional Christmas scenes with a summery twist. Focus on food products The Co-operative is suggesting that summer is actually the best time of the year for families, with the advert backed by the Christmas song "It's the most wonderful time of the year" and featuring scenes such as a girl making a snow ...

Following a six-month, 15 store trial, it has been announced that leading convenience distributor Nisa has reached an agreement with retailer Martin McColl to supply its portfolio of 330 larger convenience stores, with deliveries switching over from Palmer & Harvey over the next six months. Switch to support roll-out of new McColl's format In total Martin McColl operates over 1,200 stor...

Understanding the shopper will remain a key focus area according to both retailers and suppliers that participated in the IGD 2013 Customer Engagement Survey. This year we asked 36 international retailers and 96 branded suppliers, including 30 multinational, about their current trading relationship priorities and amongst the messages that emerged, a continuing focus on the shopper is set ...

Belgium-based Colruyt has announced annual results for the year ending 31 March saying that revenues had risen by 5.9% to €8.3 billion, with comparable sales up by 6.2%. Sales rise at all divisions The retailer said that its retail division had enjoyed sales growth of 5.2% to €6.3 billion. Its Colruyt brand saw the same rate of sales growth, to reach €5.2 billion, aided by the addition of n...

Lekkerland Germany has announced the departure of its managing director, Stefan Punke, with immediate effect. Mr Punke to join Bünting Mr Punke will leave on 31 August and take up a new role at the Bünting group in Leer. He has been at Lekkerland Germany for more than eight years. Replaced by Frank Fleck Mr Punke's replacement will be Frank Fleck. To date he has has been responsi...

In an interview with the Africa Report, South Africa-based Shoprite’s executive director, Christo Wiese, discussed the retailer's outlook on growth on the continent. Wiese urges caution on Africa's outlook Despite the general point of view that Africa's opportunity has arrived and companies should invest, Weise struck a note of caution, saying: “ It is not easy. In Africa, you don't have shop...

Walmart has named Ramnik Narsey as interim head of its business in India, replacing Raj Jain, according to reports. No reason given for departure of Jain Mr Jain has been with Walmart for seven years and been head of the Indian operation for six of those. Reports have not given any reason for his departure. Walmart optimistic about future in India According to a statement, Mr Narsey...

Coop Italia has officially named Marco Pedroni as president at its AGM, replacing Vincenzo Tassinari. Will head a three person team Mr Pedroni formerly headed the Consumatori Nordest co-operative. He will take charge of a management team which includes Marcello Balestrero as vice president and Maura Latini as general manager. Private label played key role in 2012 sales Coop also r...