Retail and consumer goods industry news

GS Retail’s recent campaigns, ‘GS The Fresh Matching Day’ and ‘Global Best New Generation Competition’, both share the goal of bringing new products and ideas to GS Retail in order to renovate existing product listings and shopper experience. GS The Fresh Matching Day GS the Fresh, a supermarket banner under GS Retail selling fresh, high-quality products, is holding the ‘GS Fresh Matching D...

Whether you participate in dry January or go sober for October, there is a trend for curbing alcohol consumption and embracing low or no-alcohol alternatives. The younger generation, health and improved formulations are bolstering growth Gen Z, and younger Millennials are more inclined to be teetotal then the older generations and are reportedly drinking less or abstaining altogether. ...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Don’t miss our latest insights Shopper marketing highlights Canada: Q3 2023 - see in store initiatives and activations designed to drive demand, create impulse purchases; or accelerate category growth from suppliers and retailers in Canada. How Aldi breaks the mould with the Cor...

Big C in Thailand has acquired AbouThai, a grocery chain with 24 stores in Hong Kong, and will rebrand them as Big C. It is seeking a dual listing in Hong Kong and Thailand by the end of this year. Big C’s first stop outside Southeast Asia Big C Retail Corp, operates about 2,000 retail stores under the Big C Supercenter, Big C Market, Big C Foodplace and Mini Big C banners in Thailand, Laos...

Australia is blessed with a strong economy and the latest results from the top two leaders, Woolworths and Coles , confirm shoppers’ spending ability. I visited Australia to see stores for the first time this year and got to all the latest flagship stores in Sydney and Melbourne. Which are the best stores in Australia?  Here are six stores that I recommend, with links to full reports and vi...

Ocado has detailed a further round of price drops on 200 own-label and branded products. This follows its move in June to drop the price of everyday essentials . The ‘Back to School’ initiative has dropped prices by an average of 8% to help parents save during the summer holidays. Snackable items in particular have been reduced by an average of 10%. Ocado Retail CEO, Hannah Gibson, said: ...

Sainsbury’s has announced extensions to several of its price initiatives. Aldi price match expanded Sainsbury’s will be expanding the number of products included in its Aldi Price Match campaign. The retail will be adding over 40 new items to the campaign, taking the total number of products included to 400. The retailer described the move as its ‘biggest ever’ value offering, as falli...

Woolworths’ Group sales is up 5.7% to AUD64,294m and EBIT up 15.8% to AUD3,116m in FY23 for the period ended 25 June 2023. The stellar profit delivery is due to a more stable environment, higher sales and benefits of ongoing investments. According to CEO Brad Banducci, excluding direct COVID costs incurred in the prior year, Group EBIT increased by 3.4%. 1. Australian Food sales increased by 5...

Local press reports have identified that Costco will open its next new depot at Gloucester, at a site near junction 11a of the M5 motorway on the outskirts of the city. However, the development of the location is still at a planning stage and no opening date has been cited. Offering a catchment including Cheltenham and nearby dormitory villages and towns in the Cotswolds the site will offer ac...

Puregold released their H1 results, and both banners, Puregold stores and S&R WHs, have reported positive growth in revenue and store network. Key figures 17 new stores were added to the Puregold and S&R WHs store networks during H1, amounting to 543 stores in total. 8 of the new stores are DiviMart, which Puregold acquired 14 DiviMart in H1 2023 and planned to convert progressively into...