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21 September 2020
Mexican Coca Cola bottler FEMSA, which owns the OXXO convenience chain, recently announced the chain had seen a 24.1% decrease in store traffic during the early phases of the pandemic. This led to a decline in sales, which was accentuated by a reduction in the average customer ticket as well. For Q2, FEMSA reported an 8% decline in revenue for its proximity stores, with same-store-sales down...
20 September 2020
Having initially been in discussions with Microsoft to make a bid for the social media platform, TikTok, Walmart is partnering with Oracle and other investors to take a stake in a new company, TikTok Global. TikTok Global TikTok is creating a new company called TikTok Global that will be responsible for providing all TikTok services to users in the US and most of the users in the rest of th...
18 September 2020
Following the launch of the first Walmart Health facility last year, Walmart has outlined plans to take the initiative to at least 22 locations by the end of next year. Targeting the Florida market The first Walmart Health facility opened in Dallas Georgia, followed by a further four locations in the state and one in Bentonville, Arkansas. This year, the retailer plans to open seven f...
18 September 2020
Asda has unveiled two new trial partnerships with leading brands, as it follows through on its 'test and learn' strategy to make stores more engaging to shoppers. B&Q in-store shops A collaboration with the UK's leading home improvement retailer will see compact B&Q stores installed in four Asda superstores. The first two stores, which will open in Dagenham and Sheffield later this year, wi...
18 September 2020
The retailer has opened the flagship store, made of six overlapping shipping contains, in Shanghai on 9 th September. Continuing long history of sustainability and commitment to recycling The store is located at Shanghai’s Wisdom Bay Science Innovation Park, which was formerly home to warehouses and container storage yards. The cargo containers have now been converted into office spaces...
18 September 2020
The country’s retail sales up by 0.5% in August from a year ago, the first positive growth for the year so far. On a firm footing now for economic recovery Data released by China’s National Bureau of Statistics this week showed that the total retail sales of consumer goods reached CNY3,357 bn (US$496 bn) in August, up 0.5% YoY (year on year), the first positive growth this year. Overall ...
17 September 2020
Walmart is introducing a team-based operating model at its US Supercenters following a successful initiative at Sam’s Club over the last 12 months and its launch at its Neighborhood Market stores earlier this year. Building small teams The new model sees Walmart create small teams of associates who will be cross-trained and given ownership of all tasks within their area. This will include s...
17 September 2020
In an unveiling a major transformation plan, Kraft Heinz is adopting a new strategy, approach and operating model. We highlight some of key changes it has planned, including a shift from a category approach to consumer-driven platforms. Scale and agility Having been appointed last year, Miguel Patricio, CEO, has undertaken a significant review of the business. This has enabled it to identif...
17 September 2020
Following a pilot programme, Sam’s Club is rolling out Scan & Go for fuel purchases. National roll-out by the end of the year Scan & Go has been hugely popular with Sam’s Club members, with usage increasing significantly since the start of the pandemic. Member adoption rate has doubled over the past 12 months. The retailer is building on this with a mobile pay-at-the-pump experience than br...
17 September 2020
Following a successful trial, Tesco has teamed up with social enterprise and food sharing app OLIO to help reduce food waste in stores and feed more people in crisis. The new partnership builds on Tesco’s existing food surplus donations programme, including its Community Food Connection scheme with FareShare, through which 2 million meals per month are donated to food charities across the UK. ...
17 September 2020
Co-op have announced interim results for the first half of 2020* showing a 7.6% increase on last year.  This puts the retailer ahead of the forecasted 6.8% growth for the total UK food and grocery market in 2020 according to IGD's lastest channel forecasts . * 26 weeks to 4 July 2020 Highlights Revenue up 7.6%, driven by food and wholesale businesses Significant increase in co...
17 September 2020
The Grocer magazine has reported that Iceland has launched a trial to bring Bargain Booze branded concessions into its Food Warehouse stores, to boost alcohol ranges and bring greater focus to the offer. Extends Food Warehouse alcohol range to 1,000 lines The trial stores at Cheltenham, Poole and York now have dedicated Bargain Booze sections comprising 1,000 lines, more than doubling the e...
17 September 2020
South Korea’s largest health and beauty chain is preparing for an IPO (Initial Public Offering) in 2021, with the aim to join the stock market in 2022. A move to drive future growth Koo Chang-geun, CEO of Olive Young, in his letter to employees said the company will start preparing for an IPO next year with the aim to list on the stock market in 2022. CJ Group, the parent company of Oliv...
17 September 2020
We explore the latest updates from German drugstore operators: Dm, Rossmann and Muller on their sustainability and digitalisation developments.    Dm and Rossmann partner with Henkel to test refill stations Dm and Rossmann are piloting refill stations of Henkel’s new brand- Love Nature. Customers can refill laundry detergents and dishwashing detergents from participating stores. The refill ...
17 September 2020
Waitrose's revenue grew 8.3% to £3.4bn in the first half of the year to 25th July 2020, alongside double digit profit growth. However, John Lewis' negative sales and profit performance continue to have a dilutive impact on the Partnership's results. Robust grocery performance Waitrose's like-for-like sales rose 9.6%, whilst the retailer also reported a healthy trading profit improvement of ...
16 September 2020
Vancouver-based Food X Technologies has signed a strategic partnership with Carrefour Group to accelerate the retailer’s ecommerce capabilities. Integration of Food X technologies by mid-2021 The partnership with Food X Technologies has been formed to support Carrefour in increasing the productivity and profitability of its ecommerce operating systems while enhancing its digital customer e...
16 September 2020
Sainsbury's has announced that Argos customers will now receive Nectar points for purchases made at Argos in-store and online. Previously customers could only collect points if they placed an Argos order online. Now they will automatically collect points for purchases made in-store as well. To launch the scheme double points will be offered on all purchases for a limited period (September 18th - ...
16 September 2020
Amazon has rolled out its Prime membership service in Turkey, as it looks to further develop its offer in the market. Increasing loyalty Amazon launched in Turkey in 2018, offering products across a range of categories including electronics, personal care, baby, home, computer and office, and books. Amazon has now launched its Prime membership service in the market, giving customers access ...
16 September 2020
Morrisons has announced the appointment of Rachel Eyre as its new chief customer and marketing officer. She will will join Morrisons from Sainsbury's in early 2021, taking over the role from Andy Atkinson who was promoted to group commercial director earlier this year. Eyre's role will cover customer insight and marketing including advertising, in-store and targeted marketing. She will also ...
16 September 2020
Pan Pacific International’s Don Don Donki plans to open its first store in Taiwan. Progressive expansion across Asia The first Don Don Donki store in Taiwan will be located in Taipei’s Ximending business district. The company has been advertising to recruit new employees on local recruitment websites. However, it has not confirmed the address of the store nor an expected launch date. Donki ...