Canada news

01 February 2021
Loblaw has launched its partnership with Loop, the circular ecommerce platform developed by TerraCycle, to offer a range products in refillable packaging. Offering branded and private label products Having announced the partnership in 2019, Loblaw has initially launched in the Ontario market. Customers can shop for a range of food and household products in refillable packaging, including ic...
20 January 2021
Autonomous, or checkout free, store concepts have been gaining ground over the last few years, with companies piloting different models. This has accelerated since the start of the pandemic as retailers look to develop contactless and frictionless solutions. We highlight four which have recently launched, or are set to make their debut, in North America. 1. CIBO Express, Newark Airport, New Yo...
18 January 2021
With health and wellness the focus for many retailers at the start of the year, we look at three new initiatives from North America. These are centred on helping consumers make healthier choices, access specialist information, and track progress on their healthy eating journeys. USA: Hy-Vee launches virtual dietitian platform The new platform, Healthie, from Midwest-based Hy-Vee, enables cu...
18 January 2021
Having entered in preliminary discussions around a potential transaction, these have now ended, with Carrefour and Couche-Tard switching their focus to explore opportunities for operational partnerships. Opposition to any deal The discussions had been initiated by Couche-Tard’s “friendly approach” to Carrefour with the objective of acquiring the France-based retailer. However, these d...
15 January 2021
Couche-Tard, which operates the Circle K brand globally, has launched a live retail lab store in Montreal featuring an autonomous shopping experience, in partnership with McGill University. Autonomous store experience The lab store has been launched to enable the testing of innovative and frictionless technologies in a live environment. Located on McGill University’s downtown campus in the ...
14 January 2021
Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no certainty at this stage that these discussions will result in any agreement or transaction. Retail’s d...
06 January 2021
Undoubtedly 2020 was a year of unprecedented change for the North American food retail sector. The impact of the COVID-19 pandemic has been broad and long-lasting, accelerating change in several areas. We look at how the market is expected to evolve over the next 12 months against the backdrop of a prolonged pandemic and the resetting of many business models. Source: IGD Research 1. Cr...
11 December 2020
We review Costco’s first quarter results and how the underlying strength of its proposition is driving up traffic and basket size. First quarter key numbers Net sales increased 16.9% to $42.4bn Comparable stores sales (ex-fuel and currency impacts) increased 17.1%, with US up 17.0%, Canada up 16.8% and other international up 17.7% Ecommerce comparable sales were up 86.2% Net inc...
11 December 2020
Sobeys delivered a strong second quarter performance, including ecommerce sales growth of 241%. We look at the details behind its results and the plan to accelerate its strategic partnership with Ocado. Second quarter key numbers Total sales increased 8.4% to $7.0bn Same-store sales, ex-fuel, were up 8.7% Food retail net earnings increased 27.3% to $162.8m Ecommerce sales increa...
08 December 2020
As part of a broader reinvention of its private label business, Sobeys is transitioning its premium-tier private label range to the new Panache brand. Transitioning from Sensations by Compliments The Panache brand started to appear in-stores last month as part of the retailer’s unique seasonal products range. Source: IGD Research In-store signage highlights the change from the Se...