Retail and consumer goods industry news

21 October 2020
We highlight recent developments from Belgium, where retailers are pivoting their food-to-go and online offers to meet shopper needs. 1. Delhaize discontinues Fresh Atelier food-to-go concept Delhaize has discontinued the Fresh Atelier food-to-go concept, which it originally launched in Brussels in 2018. At the time, the retailer saw the potential for 200 of these sites. Delhaize now pla...
21 October 2020
Lidl US announced its stores’ upgraded ventilation system will add a new layer of protection for customers and employees. The discounter will install hospital grade air filters in all its US stores by the end of 2020 to help it attempt to prevent the spread of COVID-19. Providing a safer in-store environment Following the announcement issued by the US’s Centers for Disease Control (CDC) tha...
21 October 2020
MyNews Holdings Bhd, which operates about 570 MyNews outlets, plans to open CU convenience stores from South Korea. Early 2021 launch The licensing agreement with CU’s owner, BGF Retail Co Ltd, is for 10 years with an additional 10-year renewal term. The group will open 30 to 50 CU stores in Klang Valley next year to monitor their performance. MyNews will be spending US$7.2m to US$9.6m in c...
20 October 2020
Following a strong first quarter performance, P&G has increased its full year guidance for sales growth, helping to reset expectations for the year ahead. Strongest performance since the start of the pandemic First quarter organic sales growth of 9% was driven by volume growth of 7% and supported by pricing (1%) and mix (1%) improvements. This was the strongest quarterly growth delivered by...
20 October 2020
Albertsons, the third-largest food retailer in the US, has rolled-out a new contactless payment tool across its store network. Contactless payment Albertsons Pay has been launched within the retailer’s just for U loyalty app. It provides shoppers with a safe, secure and contactless way for shoppers to pay in-store. They can also apply discounts and earn rewards within the app. It has been r...
20 October 2020
Nisa, the wholesale subsidiary of the Co-op Group, is the latest symbol group operator to add a further variant to its portfolio of store packages available to independent retailers.  Launched at the virtual Nisa 2020 Expo, Nisa Express will sit alongside the established Nisa Local fascia to offer a package targeted to smaller stores that have historically been considered below the qualifying siz...
20 October 2020
In the past 12 weeks to 4th October grocery market growth slowed to 11.9%, according to Kantar. However, in the last four weeks it once again increased, to 12.2%. This shows the impact on the market as shoppers once again prepare to spend more time at home due to increased restrictions. We look at these results in more detail. Growth driven by Dublin Dublin saw the strongest regional growth...
20 October 2020
Last week, Alibaba Group President Michael Evans joined NRF President and CEO Matthew Shay to discuss Alibaba’s response to COVID-19, and how the pandemic has altered the retail landscape in both the short term and long term. We share some of the key highlights. What has been the journey for Alibaba and its merchants since Feb 2020? Alibaba has been adjusting the business to respond to the ...
20 October 2020
Asda has today opened a flagship sustainability trial store together with a new plastics reduction strategy that includes a pledge that customers will not pay more for greener options. The store at Middleton, Leeds, was due to open earlier this year but was delayed by the Covid crisis. It will function a Test and learn facility or sustainability, similar to its Stevenage technology store where ...
20 October 2020
We take a look a detailed look at the updated Waitrose and John Lewis strategy plan.  Recover profits and accelerate change JLP is targeting reaching £200m profit by year two and £400m by year five. The plan is split into two time phases; Years 1-2: recover profit and lay foundations for growth Years 3-5: accelerate change, reshape and grow The Partnership is investing £1bn in...