Retail and consumer goods industry news

South Africa-based Woolworths has reported a positive trading update for the 26-week period ending 27 December 2020, with its performance driven by its food operations. The retailer said group sales fell by 0.5% at constant currency terms but rose by 5.3% excluding exchange rate effects. Woolworths said the results showed the ‘ improved trading momentum across all businesses over the final six...

Retailer alliance EMD has announced it will, from now, require its private label suppliers to adhere to its sourcing code of conduct. EMD committed to Responsibility and Sustainable Sourcing EMD said its sourcing code of conduct sets out 12 sustainability criteria, which are based on the Sustainable Supply Chain Initiative of the Consumer Goods Forum. EMD noted that private label suppliers ...

France-based Casino saw consolidated net sales rise 8% at constant exchange rates, to €31.9 bn, in its 2020 financial year. However, they fell by 7.9% after considering exchange rate effects and hyperinflation and the falling price of fuel. The retailer’s full year results rose by 9% and by 8% in organic and same-store terms respectively. France: +3.0% in same-store sales Casino reported to...

Major UK convenience retailer, McColl’s has announced that it has extended its wholesale agreement with Morrisons, which will see the national supermarket operator supply the entire McColl’s store portfolio (currently over 1,200 stores) with full a range of products until January 2027. As part of the extended agreement McColl’s will increase the number of its stores trading under the Morrisons...

Walmart Mexico (Walmex) recently reported total revenue growth of 8% for 2020 and 5.9% for Q4. Same-store-sales increased by 6.7% for the full year (4.9% in Q4). At its annual Walmex Day event, the business outlined three business priorities for the year 2021 and beyond: win in discount lead in omnichannel develop its ecosystems. Ambition to become the omnichannel market leader ...

Condis plans to open its warehouse to improve its online store, Condisline, while Aldi has announced expansion plans for 2021, expecting to double the number of stores it added in 2020. Meanwhile, Mercadona continues to embed its sustainability strategy and Uvesco has revealed its 2020 full year results and set out its 2021 strategy. Condis boost its online platform Condis has opened a 5,00...

Walmart has expanded its shoppable interactive video hub, Walmart Cookshop, adding twenty-two new episodes, including celebrity collaborations. Builds on existing strategic partnership Walmart and eko initially formed a strategic partnership in 2018, to develop original, interactive content to help the retailer develop more frequent and deeper engagement with its customers. The technology e...

Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Edeka opens automated store in Germany Edeka has opened a 24/7 automated convenience store at Renningens train station. ‘E 24/7 Karow & Sommer’ stocks 300 SKUs items and will gra...

Half year results season in Australia is out of the way, with both Woolworths and Coles having released their HY performance reports over the last two weeks. As the attention swings towards H2 and the rest of 2021, we believe that there are five major trends that will shape the Australian grocery market as we cycle out of the pandemic... 1. Acceleration of online grocery Over the past few y...

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...