Retail and consumer goods industry news

04 November 2020
Following on from its strong Q3 results announcement , we look at five initiatives from the retailer’s operations in Europe as it looks to build on its strong foundations and continue its recent sales momentum. Carrefour adds health-focused personalisation tool online in France… After announcing plans to launch the service in July , Carrefour has launched its personalisation service i...
03 November 2020
We look at why Walmart’s making the shift away from using in-store inventory scanners, often referred to as shelf-scanning robots. Technology push The Wall Street Journal has reported that Walmart is ending its use of using shelf-scanning robots within its US stores. Last April, the retailer announced that it was deploying a further 300 of the Auto-S shelf scanners to its stores, with aro...
03 November 2020
Shoppers can book slots in advance of shopping, in a move to enhance the experience and prevent queuing at M&S stores. How does it work? Shoppers select the store they wish to visit through the M&S website They pick a date and a 30 minute time slot On arrival, an in-store host greets them, managing the total number of shoppers in the store at one time Winter-friendly initiativ...
03 November 2020
In its third annual Christmas report, the retailer shares insight on what it expects from shoppers in the festive season. Family connections One in five people report having grown closer to their family over lockdown, putting family and traditions at centre stage for Christmas celebrations this year. Nostalgia is expected to be highest amongst younger shoppers, with 40% saying a traditional...
03 November 2020
COVID-19 has shifted shoppers to online, and many retailers have rapidly increased their online order capacities using in-store picking. Online profitability, or its unprofitability, is an uncomfortable topic and rarely discussed, but with online penetration at record levels, and most new online shoppers saying they will stay in the channel, I think we’ve got to understand the issue and change...
03 November 2020
The ecommerce giant and Kuaishou, a Chinese video-sharing platform, are partnering up to launch a 200-hour livestream during this year’s Singles Day Shopping Festival. Eight days and eight hours uninterrupted livestream JD.com shared that from 1 November to 9 November, many Kuaishou hosts will take turns presenting in the event. The Kuaishou viewers will receive coupons to be redeemed on ...
03 November 2020
Walgreens Boots Alliance announced the completion of the joint venture agreement with Mckesson Corporation and appointed former senior advisor of the White House to its board of directors. German wholesale joint venture completed WBA and Mckesson announced the finalisation of their previously announced joint venture agreement that looks to combine both their pharmaceutical wholesale busines...
03 November 2020
Ocado has announced it will acquire two robotic companies based in the US, Kindred Systems and Haddington Dynamics. Enhancing robotic picking capabilities Ocado is acquiring Kindred Systems, and advanced AI-powered robotics company, for around $262m. Kindred designs, supplies and services sophisticated piece-picking robots for ecommerce and order fulfilment. This robotic picking solution is...
03 November 2020
Strong demand due to COVID-19 carried over to Q3. Increased volume due to work from home Net profit increased by 54% in Q3 to SG$31.8m (US$23.3m) compared to last year. In the first half of 2020, shoppers loaded up their pantries due to restricted movement imposed by the Singapore government. Although the lockdown was lifted in June, the government continued to encourage working from homes....
03 November 2020
On October 31 st , Aldi Süd opened a 2,000 sq. m. store near its global headquarters in Germany. This is the group’s largest store in the world. In this article, we consider what can we learn from this unusually large store format for the discounter Expansion of an already large store The renovation works added 300 sq m to the existing store in Mulheim an der Ruhr. This created a new total ...