Retail and consumer goods industry news

29 October 2020
Lidl continues its expansion across Europe with first stores to open soon in Estonia and Latvia and a possible market entry in Bosnia and Herzegovina in 2022. Latvia: first store openings are imminent In September 2020, Lidl Latvia published more than 1,000 jobs for warehouse and store staff. The first distribution centre was completed in July 2020, and the construction of the initial store...
29 October 2020
Promotions, partnerships and easier access wage payments are amongst the ways retailers are supporting shoppers, staff and their local communities through the prolonged COVID-19 period. We round up three initiatives from Morrisons, Booths and Holland & Barrett. "Buy one give one free" twist on BOGOFs from Booths Northern grocer Booths has launched a new promotion to support its food bank co...
29 October 2020
Walmart is piloting a new store concept that is designed to serve the needs of in-store and online shoppers. Creating the perfect omnichannel store Walmart has several projects and roll-outs underway centred on reinventing its physical stores. These include a new concept Supercenter and a new-look front-end . This latest test is designed to help the retailer find solutions that h...
28 October 2020
Following on from its results announcement , Pick n Pay has set out how it is aiming to continue to grow sales, both in South Africa and across the region more widely. To grow presence for Boxer banner Pick n Pay said it could double the number of Boxer stores to 600 in five years as it looks to target underserved low and middle-income shoppers. The retailer believes long-term growth wil...
28 October 2020
As Metro Group expands in India and acquires a business in Portugal, we round up news from the cash and carry company. Metro acquires business in Portugal In Portugal, Metro has acquired the Aviludo Group, which it describes as the second largest food service distribution company in the country. Aviludo generated sales worth €152m in 2019 and services more than 13,500 HoReCa clients nationw...
28 October 2020
We review Kroger’s update for investors and review the underlying strengths of the business. 1. Competitive strengths have become more relevant during the pandemic With Kroger sharing that nearly three out of four customers are eating meals prepared at home, multiple times a day, Kroger’s competitive strengths have become more relevant during the pandemic. These include its focus on fresh a...
28 October 2020
The retailer’s sales hit AU$9,607m in the first quarter of FY21, with significant online growth and changes to its digital marketing capability a highlight. Supermarket sales up 9.8% to AU$8,464m Supermarket LFL sales grew 9.7% with the results skewed by the varying degrees of COVID-19 restrictions across the country. Growth was highest in Victoria, and to a lesser extent in New South Wales...
28 October 2020
Carrefour reported total sales rose 5.5%, at constant exchange rates, to €19.7 bn, with like-for-likes rising 8.4% in its third quarter. The retailer said its growth was its ‘ best performance in at least 20 years ’. The positive results were broad based, with most markets and channels seeing growth, and came despite ‘ an unfavourable petrol effect ’ and ‘ an unfavorable exchange rate effect ’...
28 October 2020
Guardian, a health and beauty store operated by Dairy Farm, is celebrating its 48 th anniversary this year with a refurbished flagship store. The 6,000 sq. ft. store carries over 8,000 health and beauty products at Takashimaya Shopping Centre. Source: Guardian Inspiration to be beautiful Guardian wants to inspire shoppers to be beautiful in a healthy ...
27 October 2020
We look at how Canada’s leading dollar store chain is flexing its approach to meet the needs of shoppers during the pandemic. 1. Allocating more space to high-demand categories Recent store visits indicate that more space has been allocated in three key categories; household cleaning, personal care, arts and crafts. Most retailers have experienced strong growth in these areas as consumers hav...