Retail and consumer goods industry news

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...
20 June 2013
Speaking after the acquisition of a majority stake in Mercator, Agrokor’s chairman, Ivica Todoric, gave further details about expectations around the combined company. Todoric says he convinced about profitability Todoric said that he would not have acquired Mercator if he did not believe that the combined Agrokor/Mercator would create a good company that could generate profits. He was quot...
20 June 2013
Amstor, the Ukrainian retailer, has announced plans to expand in western Ukraine Venturing west Amstor, which currently operates 29 stores in Ukraine , has announced plans to open four stores this year and another in 2015 in western Ukraine. The existing 29 stores are spread across 13 cities in the east, central and southern Ukraine with no presence in the west. The store in the west wil...
20 June 2013
The Co-operative Food is launching an innovative Twitter campaign next week where customers will 'Tweet for a table' in an attempt to win a gastro-style meal in a purpose-built pop-up restaurant.  Innovative approach to marketing The 'Tweet for a Table' campaign marks a new and innovative approach to marketing and social media by Co-operative Food . The campaign, as well as interacting wi...
20 June 2013
We have assessed the leading global grocery retailers, their key markets and strategies for growth, and looked in more detail at the priorities and strategy of the top five. This week, we examine Tesco and its increasing focus on Asia. Increasing focus on Asia for growth The UK remains by some distance Tesco's largest market. However Asia is increasingly becoming its engine for grow...
20 June 2013
French retailer Carrefour has announced a three year plan to open stores in 30 new cities in China. Expansion into new cities China Daily reports Carrefour's plans to enter 30 new cities over a three year time span, which will add to its existing network of 220 hypermarkets across 60 cities. In March 2013 Carrefour announced the opening of first store in Hohhot in the Inner Mongolia...