Retail and consumer goods industry news

Asda has announced its purchase of EG Group’s UK and Ireland business for an estimated enterprise value of £2.27 bn. The move, which had been rumoured for several months, consolidates two separate parts of the Issa brother’s business operations. Asda’s expansion into the convenience sector accelerates The purchase is expected to complete in the fourth quarter of the year, and will see Asd...

Alibaba’s Freshippo supermarket in China will stock Australian retailer Coles’ private label products. Freshippo working with 13 global retailers Freshippo is expanding its range of quality imports using its global sourcing capability. Imported products from the best sources around the world is a way to introduce innovative products that are trendy and popular. The retailer is also partneri...

Canada’s leading grocery and drugstore retailer, Loblaw, is winding down its third-party marketplace to focus on its core grocery and pharmacy websites. Focused on complementary categories Loblaw launched its marketplace in 2019 to offer an extended range of brands and products across baby, toy, home, kitchen and pet categories. The aim was to offer a service which was seamlessly integrated...

Woolworths Australia has announced key changes to its paid loyalty programme and acquisition of Milkrun, a quick commerce player. Key changes to Every Rewards Extra programme Woolworths Everyday Rewards Extra is an extension of its Everyday Rewards loyalty programme. Members pay a subscription fee to enjoy “subscribers’ only” rewards. Under the new rules, subscribers will pay a higher subsc...

The CGF Global Summit 2023 takes place in Kyoto, Japan from 6 th to 8 th June. Here is a list of stores we recommend you to visit if you are in Kyoto: FamilyMart Source: IGD Research Store name: FamilyMart Bar Liquor Museum Honnoji Location: 522-19 Shimohonnojimaecho, Nakagyo Ward, Kyoto, 604-8091 Why you should see it: Convenience store which contains a liquor bar, a specia...

Metro Inc. has launched a new loyalty program in Quebec, Canada. The Moi rewards program is now available across its Metro, Super C, Brunet, and Première Moisson banners in Quebec, as well as all Jean Coutu stores in Quebec, Ontario, and New Brunswick. Unifying loyalty programs across different formats Moi rewards is an evolution of its metro&moi program, previously exclusive to Metro superma...

Leading UK convenience retailer, Co-op has announced that its partnership with the robot delivery provider, Starship Technologies has now been extended to Wakefield, West Yorkshire. Operating from Co-op’s store at Meadow Vale in the Outwood district of the town, the service will now be available to some 6,500 households in the area, providing a tailored range available to order through the Starsh...

Danish market leader Salling Group has announced it has taken the decision to close its hard discount format, BASALT, after testing the concept. Response to economic pressures In October 2022, Salling Group launched the BASALT format as a direct response to the economic pressures facing shoppers in Denmark. It fast tracked the concept, bringing it to market in just a few weeks. This was pos...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe: Salling Group have ended its Basalt format, after trailing the hard discount concept the retailer has decided to not continue  In the Netherlands, Albert Heijn’s home delivery and store supply services in the centre of Rotterdam are powered by 100% electric energy. W...

Based on data from its 30,000-strong shopper panel, the latest release from Kantar indicates that in the 12 weeks to 14 May 2023, total till roll consumer spend in Great Britain increased to 10.6% (compared to 9.4% for the previous period). Aldi and Lidl continue to illustrate growth higher than the rate of inflation, with the two enjoying a combined share of 17.8% at the end of the period (co...