Retail and consumer goods industry news

07 January 2021
Walgreens Boots Alliance (WBA) announced first quarter results saying total sales rose by 5.7%, 5.2% on a constant currency basis, to US$36.3 bn. It said its growth had been driven by the performance of its Retail Pharmacy USA and Pharmaceutical Wholesale divisions. Discussing the results, WBA’s chairman and chief executive, Stefano Pessina, said: “ Our first quarter results exceeded expectations...
07 January 2021
Albertsons’ Jewel-Osco division is testing an automated pickup kiosk for online grocery orders in the Chicago market. Partnership with Cleveron The retailer has partnered with Estonia-based Cleveron to pilot the automated and contactless grocery pickup kiosk. Located at a Jewel-Osco store in Chicago, customers can select the “Kiosk PickUp” option when placing their order. Cleveron is one of...
07 January 2021
2021 marks the 180th anniversary of A.S. Watson Group. The retailer generates a revenue of over US$22 bn, from its 16,000+ stores in 33 markets. The group’s ecommerce business increased by 90% in the first half of 2020, and we expect it will continue to strengthen its online and offline platforms. A.S. Watson held a virtual cocktail event to kick-off its anniversary celebrations ...
07 January 2021
As Covid infection rates rise, Asda has urged customers not to buy more than they need and offered reassurance on product availability and store safety. Online expansion Asda plans to increase online home delivery capacity from 850,000 to 900,000 slots per week by the start of April. This builds on a 90% increase in capacity since last March. The retailer is also doubling the size of its...
07 January 2021
Variety discounter B&M's Q3 results (13-week period from 27 September to 26 December 2020) show positive growth across the majority of the business, particularly its UK banner.  Revenue growth across all banners, expect Babou Group revenue +22.5% to £1,398.5m (2019: £1,138m) B&M UK +26.6% to £1,211.8m (2019: £957.4m) Heron Foods +7.6% to £102.9m (2019: £95.6m) Babou (France) -1.4% ...
07 January 2021
In a trading statement brought forward from next Wednesday, Sainsbury’s has revealed strong trading performance over the festive season. Key numbers Christmas period (9 weeks to 2 January 2021) +9.3% LFL Q3 period (15 weeks to 2 January 2021) +8.6% LFL Total ex fuel sales grew +6.6%, pulled down by the closure of many standalone Argos stores Grocery sales +7.4%, with groceries...
07 January 2021
Coles has started the new year by announcing that it plans to cut the prices of over 200 products over the coming three months. Reductions of everyday items  The price cuts are expected to be implemented across various categories, with initial products to see reductions including ice cream, convenience items, deli products, drinks and pet food. Some products will see prices dropped as much ...
07 January 2021
Walgreens Boots Alliance (Walgreens) is divesting the majority of its Alliance Healthcare business to AmerisourceBergen Corporation in a $6.5bn deal. Expanding AmerisourceBergen’s distribution presence Alliance Healthcare provides logistics and supply chain services to Walgreens Boots Alliance and other retail pharmacies, mainly in Europe. For AmerisourceBergen’s, the deal will expand its d...
06 January 2021
Peruvian business InRetail has acquired Makro’s cash and carry stores in Peru for US$360m. Makro’s South American operations are owned by SHV Holdings, a Dutch business and one of the world’s largest private trading groups. InRetail has agreed to acquire 100% of its operations in Peru (16 stores), which will help it to bolster its multi-format strategy. "This incorporation strengthens our vis...
06 January 2021
The two discounters continue to work closer together in Germany. To better understand how their strategies are evolving we looked at the first folders of the year. Below are the key learnings we identified from the promotional offers on private label and branded products, Veganuary and the marketing messages. Two different folders but common offers on several categories In many European cou...