Retail and consumer goods industry news

08 June 2013
The final day of IGD’s trip to Bentonville included the Annual General Meeting, the focal point of its shareholders week, with a high energy early morning meeting of 14,000 Walmart associates and shareholders. Senior execs then also gave a Q&A with analysts. Shareholders' Meeting As always, the event included some big name acts including host Hugh Jackman and performances from John Legend, K...
07 June 2013
Day two of IGD’s trip to Bentonville included a visit to a Walmart Distribution Centre, a Supercenter and meetings and Q&A with key Execs. Key highlights are as follows: Key Insights from Day Two 1. Distribution Centre Tour DC #6094 is a Regional DC serving 130 Walmart Supercenters, discount stores, Neighborhood Markets and Walmart Express stores in parts of Arkansas, Missouri, Oklahoma a...
07 June 2013
Coles is currently running an exclusive promotion, whereby customers can win over 10,000 tickets to One Direction concerts across Australia. Buy one of 600+ products for a chance to win The retailer has partnered with the British band to promote their 'Take Me Home' tour of Australia in October this year. The majority of tickets can be won by purchasing selected products in-store between 5 Ju...
07 June 2013
Iceland has revealed that annual sales rose by 1% (1.1% LFL) to £2.64bn for the year ended 29 March 2013, with a recovery in trading in the second half compensating for a fall in LFL in H1. Highlights of the year included the opening of 36 new stores and the purchase of ready meal supplier Loxton Food Company which has enabled Iceland to up its rate of innovation. A year of two halves Last year...
06 June 2013
Booths has appointed Paul Minett as its new retail director. Extensive industry experience Following David Benson’s retirement in March, Booths has announced Paul Minett as its new retail director. He joins from Panda United, based in Saudi Arabia, where he was director of hypermarkets. Prior to this, he was Head of Retail at Best Buy UK and previously worked at Asda and Sainsbury’s. ...
06 June 2013
Loblaw’s is to launch a new fresh supermarket format in selected stores in Quebec. $100million investment to focus on fresh The retailer is planning on spending around $100m on upgrading and rebranding some of its stores in Quebec to its new ‘Provigo Le Marché’ banner by the end of 2013. The first of seven stores to receive a makeover are its Kirkland store in Montreal and a new Sherbr...
06 June 2013
As Sainsbury's releases its annual report, we've reviewed the full report to share our key highlights about the retailer's development over the past year and its outlook ahead. Continuing focus on "Great Food" Fresh food excellence is at the heart of the Sainsbury's proposition, underpinned by Sainsbury's strong reputation for ethics and support for British agriculture. Hav...
06 June 2013
What? ShopperVista is the online home of IGD's shopper insight, created from constant dialogue with 12,000 grocery shoppers. ShopperVista is in touch with shoppers 365 days a year to provide you with essential information about their attitudes, motivators, barriers and future intentions when they are shopping for food and groceries. How? Each month, we provide updated charts, tables...
06 June 2013
IGD is in Bentonville this week to cover the annual Walmart Associates and Shareholder event. It’s a key week in the Walmart calendar, bringing together media, analysts, shareholders and associates for an update and celebration of everything Walmart. Today we attended a session at Sam’s Club as well as several presentations with key Walmart Execs. Key Insights from Day One 1. Sam’s Club: Se...
06 June 2013
Online retailer Amazon, is to expand its fresh food operation beyond its home market of Seattle, US, according to press reports. Trial expansion Amazon has offered fresh food in Seattle for many years for next day delivery, using its own trucks, and now intends to take this offer to Los Angeles, potentially this week, and to San Francisco later in 2013. If trials in these markets prove a succ...