Retail and consumer goods industry news


24 May 2019
Boots announces plans to revamp its pharmacy business and digitalises its Advantage Card loyalty scheme. Pharmacy transformation plans Boots has announced plans to revamp its pharmacy business, designed to create an omnichannel, and more convenient experience for customers. The news comes amid Boots' ongoing plans to revamp its beauty offer , transforming its beauty halls and investin...
24 May 2019
As Despar Centro Sud launches an online grocery service and Carrefour expands its partnership with Supermercato24, we round up news from the country. Carrefour expands collaboration with Supermercato24 Carrefour and Supermercato24 have announced they are expanding the coverage of their partnership beyond the 14 cities where the service is operated into the regions of Toscana and Campania. T...
24 May 2019
John Lewis & Partners has announced it will trial a click and collect service in a number of Co-op food stores. Delivering convenience for customers The click and collect trial, part of John Lewis’ strategy to reach more customers, will initially be launched in Co-op’s Manchester Support Centre and will offer next-day click and collect for customers in areas with a smaller John Lewis store ...
24 May 2019
South Africa-based, Walmart owned Massmart has appointed a new chief executive less than a month after it announced its existing chief executive, Guy Hayward, would step down by the end of 2019. Simultaneously, the retailer has said that it is expecting its operating profit to be flat. Ex Walmart Japan to become new CEO… Massmart has appointed Mitchell Slape as its new chief executive. Slap...
24 May 2019
France-based, Casino-owned subsidiaries Cdiscount and Franprix are set to collaborate ‘ to generate unprecedented synergies across the physical and digital retail spheres ’. The combination will see the enhancement of each other’s offer and the services they are able to offer shoppers. Cooperation to provide shopper-focused solutions in the short term… Following the tie up, Franprix and Cdi...
23 May 2019
Google has unveiled a new tool known as Grow My Store to support retailers with improving their customers’ online and omnichannel experiences. Testing against 22 metrics The new Grow My Store tool gives retailers a rating of their website, while generating reports with recommendations on how to improve their customers’ online experience. The site is initially being rolled out in English, Fr...
23 May 2019
Major food-to-go specialist Pret A Manger has announced that it has reached an agreement to acquire rival EAT. Expansion of Veggie Pret Pret is set to acquire all stores in EAT’s c.90 estate, and will convert as many as possible to Veggie Pret’s. Pret said the move is in response to growing consumer demand for more vegetarian and vegan options on the high street. The first vegetarian-onl...
23 May 2019
Albertsons is streamlining several of its existing private brands as part of the relaunch of its Signature Select brand. Consolidating existing ranges Albertsons is updating the branding for its Signature Select range as it adds more than 300 new products. The retailer is consolidating several existing ranges including Signature Kitchens, Signature Home, refreshe, and The Snack Artist as pa...
23 May 2019
In the first quarter Grupo Éxito reported net sales of COP2.64tn (US$788.9m) in Colombia, a growth of 2.5%. Same-store sales (SSS) grew by 2%, which was mainly due to strong like-for-like performance of stores under its Éxito banner, as well as higher volume and traffic. At a group level Grupo Éxito reported a consolidated net revenue of COP14.3tn (US$4.19bn) in Q1, which represents a 3.9% i...
23 May 2019
B&M has announced very positive FY2018 results for the 52 weeks to 31st March 2019. Strong performance Total group revenue was up 17.1% to £3.49bn B&M grew by 8.7% to £2.8bn Heron Foods had growth of 69% with sales of £354m Profit before tax increased 10.3% to £249m B&M continues to resonate with shoppers B&M reported increased shopper numbers and average transaction val...