Retail and consumer goods industry news

10 April 2013
Leading UK retail buying consortium Nisa has appointed Amanda Jones to the newly created role of chief operating officer, in a move to enhance its senior management team as it embarks on the next stage of its transformational journey and drive growth for the future. To manage day-to-day operations Reporting directly to chief executive Neil Turton, the new chief operating officer role will fo...
10 April 2013
As it looks to strengthen links with key suppliers and form longer term partnerships. Coles has agreed deals with two of Australia's dairy co-operatives, Murray Goulbourn and Norco. Contracts will supply private label milk Australia's largest dairy co-operative, Murray Goulbourn, which has 2,500 member farms, has signed a ten year contract, which will see the company supply the retailer's...
10 April 2013
Turkey-based Migros Turk has said that consolidated net sales rose 12.7% during 2012, to reach TRY6.5 billion (€2.8 billion), slightly ahead of the pace of growth for its fourth quarter, which stood at 10%. Addition of stores drives sales The retailer said that it had opened 166 stores in 2012: 159 supermarkets and two hypermarkets in Turkey and five Ramstores in its international operation...
09 April 2013
Aldi continues to grow the number of national brands in its stores, both in its domestic market and internationally. We assess how its strategy in brands is evolving. 1. Brand strategy varies by market Over the last two years, Aldi has steadily been growing its branded listings. The precise number of listing varies by market and depends on local shopper trends, with Switzerland and Aus...
09 April 2013
Migros has reported a 0.7% increase in EBIT for 2012 today, and outlined its priorities for the year ahead, in its annual results presentation.    Three main areas of focus for 2013 Migros said 2012 was "a good year" , despite economic difficulties, price cuts and the ongoing impact of cross-border shopping tourism. In 2013, Migros will continue such projects as the range optimisation in...
09 April 2013
Québec based Provigo, part of the Loblaw group in Canada, is investing $100m in its store network this year to roll-out new store concepts. New flagship to be developed for the Province Loblaw's investment will be split across a number of its chains, including Provigo, Loblaws, Maxi and Maxi & Cie. Part of the investment will be allocated towards developing the new concept version of Provi...
09 April 2013
The latest figures to be released from the British Retail Consortium (BRC) Retail Sales Monitor show that UK retail sales rose by 1.9% in March on a like-for-like basis.  However, while the early Easter provided a boost to food and drink sales, the prolonged winter weather depressed clothing sales in particular, impacting demand for the Spring fashions now in stock. Growth in online slower Thou...
09 April 2013
Aldi Süd is launching a test project in Germany that will see parts of its advertising spend used online in new ways. Promoting special buys Aldi has begun promoting its limited availability lines on new online platforms in order to reach different customers. It has already taken out space on Ebay.de, Gmx.de and Web.de with the trial so far limited to the states of Baden-Württemberg a...
08 April 2013
Kenya-based Nakumatt’s managing director, Atul Shah, has said that the retailer is looking to raise as much as US$50 million to open new stores over the next four years. Expansion to take Nakumatt into new markets Shah said that the retailer wants to add a further five stores and expand into two new countries. Shah was quoted as saying: “ We are in the process of opening four additional store...
08 April 2013
Schwarz Group is reportedly poised to open stores in the Latvian market, nearly ten years after it first announced it was considering entry. Opening its Lidl format A local Latvian paper has quoted a Lidl representative as confirming that Schwarz Group is looking for real estate to build Lidl stores in the country. The Lidl spokesperson wouldn't comment on the precise time-frame of the...