Canada news

05 March 2021
We review Costco’s second quarter results as it starts to lap last year's surge in demand driven by the Covid-19 pandemic. Key numbers Q2: Net sales increased 14.7% to $43.9bn Comparable store sales (ex-fuel and currency impacts) increased 12.9% across the company, and by 12.6% in the US, 10.6% in Canada and 17.7% in other international markets Ecommerce sales increased 74.8% Op...
03 March 2021
As part of its five-year $3.5bn investment plan, Walmart Canada is set to open its first store featuring automated micro-fulfillment and automated pickup kiosk for grocery ecommerce. Investing in stores, supply chain and technology Walmart Canada outlined its investment plan last year, with a focus on its stores, supply chain and technology. Several of the new elements came to life at...
02 March 2021
Last month our Future Talk webinar looked at where grocery retail is heading in North America, with a focus on store of the future developments. This replay is available for subscribers only. Part one: from store of now to the store of the future (2:00 minute mark) Covid-19 and grocery formats Future store elements Five big bets for the store of the future Part two : inside Wa...
26 February 2021
We look at Loblaw’s fourth quarter and full year performance, including the growth of ecommerce and what it’s doing to improve channel profitability. Q4 and full year key numbers Fourth quarter total revenue increased by 7.1% to $12.4bn, with retail segment sales up 7.5% to $12.2bn Food retail same-store sales growth of 8.6%, with its Market division delivering growth of 10.6%, and Di...
22 February 2021
In our report on Valentine’s Day 2021 , we highlight five key themes from the event and explore best-in class retail execution from the UK and beyond. In this article we round up some of our favourite examples of in-store execution from the UK and Canada. M&S: creating an immersive in-store experience Marks & Spencer created a vibrant, love-themed vibe in-store. Its standalone fixtures dis...
19 February 2021
In an update for analysts, Walmart has outlined its capital expenditure plans for the year ahead and the continued transformation of its business. Uniquely Walmart Walmart’s president and CEO, Doug McMillon, struck an upbeat tone in outlining his vision for the company. Building on the momentum of 2020 , the retailer plans to accelerate its strategy to deliver long term growth. It’s ai...
18 February 2021
We review Walmart's fourth quarter and full year results, as it outlines the next phase of its growth and development. Walmart's key numbers Walmart's total revenue in Q4 increased by 7.3% to $152.1bn, representing an additional $10.4bn Sales in its US stores increased by 7.9%, with Sam’s Club's sales up 8.1% US ecommerce sales increased 69% US comp store sales increased by 8.6%...
18 February 2021
With Aldi US expanding click and collect to more stores and Family Dollar announcing a nationwide partnership with Instacart, we look at four ecommerce developments from North American discounters. Aldi US to add click and collect to another 500 stores. With the fast rise of ecommerce and the success of its curbside service (click and collect in partnership with Instacart), Aldi will add th...
04 February 2021
Early year initiatives suggest we’re on-track with our North American retail trends outlook for 2021. It might be a little early to mark our success, but we’re already seeing new proof-points in support of our views. Outlined in our report, North America retail outlook 2021 , we highlight new initiatives which have emerged since the start of the year to reinforce the trends we identified....
02 February 2021
With a consumer and foodservice portfolio focused on flavourings, McCormick has been well-positioned to capitalise on the pandemic-driven growth in home cooking. We look at why it expects this to persist, even when the pandemic ends. Pandemic-driven demand Global demand for flavour remains the foundation of its sales growth. The business plans to continue capitalising on the switch to eatin...