Retail and consumer goods industry news

02 February 2021
With a strong fourth quarter rounding off a great year, Colgate-Palmolive’s chairman, president and CEO, Noel Wallace, has outlined how investing in innovation, productivity and capabilities will enable it to build on the momentum of 2020 in the year ahead and beyond. Forecasting organic sales growth of 3-5% in 2021 For 2021, the company is planning for organic sales growth of 3-5%, with co...
01 February 2021
Loblaw has launched its partnership with Loop, the circular ecommerce platform developed by TerraCycle, to offer a range products in refillable packaging. Offering branded and private label products Having announced the partnership in 2019, Loblaw has initially launched in the Ontario market. Customers can shop for a range of food and household products in refillable packaging, including ic...
01 February 2021
Ocado announced it is discontinuing its Low Price Promise price matching tool. Replaced by low-cost items Ocado’s Low Price Promise checked customers’ shopping against Tesco prices for comparable items. Customers were given an Ocado voucher for the difference between Tesco and Ocado’s price if the item they bought could have been purchased at Tesco for a lower price. Ocado is now removin...
01 February 2021
Amazon has launched its Fresh grocery delivery service in Italy, initially available in Milan. The retailer also announced it is planning to launch an online store in Poland. Amazon Fresh launches in Milan Customers in Milan now have access to more than 10,000 products from categories including meat, fish, fruit and vegetables, pasta, organic, eggs, home care, and local artisanal products. ...
01 February 2021
As Glovo and foodpanda extend their reach and range of services and Netherlands-based Jumbo adds further delivery capacity, we round up five developments affecting the online channel. Glovo to add more darkstores to support Q-commerce growth… After receiving a further €100m of funding, Glovo is planning to expand its presence of darkstores to 100 by the end of 2021, up from 18 today. Glovo ...
01 February 2021
In an interview with Ecommercemag.fr, Jean-Denis Deweine, director of Auchan Retail France, discussed COVID-19’s impact on grocery retailing in France and the challenges and opportunities it has presented. Deweine looked particularly at the acceleration of the ecommerce channel’s growth during the lockdown period and as a result of the restrictions placed on shoppers due to COVID-19. Targeting...
01 February 2021
In 2020, despite the Coronavirus (COVID-19) pandemic, there was significant format innovation in the Nordics, especially so in Sweden. This theme has continued into 2021, with several new concepts launching so far this year already. Last month, we published an exclusive article, 10 Nordic stores to visit in 2021 . We described that the region offers something for everyone to be inspi...
01 February 2021
As Ahold Delhaize looks to embed initiatives to help it become an industry-leading local omnichannel retailer , we round up news from the retailer as it expands online in the US. Giant launches ecommerce subscription programme… The Giant Company has launched its ecommerce subscription programme, using the brand name Choice Pass. The pass is linked to Giant’s Choice Rewards loyalty progra...
01 February 2021
AEON has announced a partnership with US-based Boxed Wholesale to accelerate digitalisation of its stores.   Bridging customers from offline to online The tie-up will see the retailer using the ecommerce company’s technology to expand AEON’s offering in the online space. AEON will use Boxed Wholesale’s solution to create a storefront platform and inventory-picking software for its virtual ...
29 January 2021
Lidl UK has reported £6.9bn in revenue for the 12 months to 29th February 2020. Despite recording a record number of shoppers into stores, the retailer also reported a pre-tax loss of £25.2m. This is due to the significant investment it has made in its estate. £1.3bn investment planned by 2023 The discounter has said the loss in profit was due to its ongoing investment in stores, staff and ...