Retail and consumer goods industry news

03 September 2013
Kenyan retailer Uchumi has reported a 2.3% increase in sales for 2013, and a 20% increase in pre-tax profit. Sales and profits grew despite challenges In its results statement, Uchumi said it had been affected by challenges such as the euro debt crisis, general elections in Uganda and Kenya, devolution, a public spending freeze and high cost of living. The retailer continues to follow it...
03 September 2013
Walmart Chile has reported a year-on-year revenue increase of 9.9% for the second quarter, with EBITDA up 14.2%. Revenue increase driven by retail segment The retail segment, which contributes 95% of revenue, grew sales by 10.8% during the period, due to an increase in comparable store sales. Walmart Chile operated 331 stores at 30 June 2013, spanning 761,000 sq m; three new stores opened...
03 September 2013
Latest monthly figures issued by the British Retail Consortium from the BRC-KPMG Retail Sales Monitor show that UK retail sales were up 3.6% in August 2013, underpinned by a 1.8% like-for-like uplift.  Performance was driven by non-food sales in particular, which saw more 'normal' trading up against weak comparatives from 2012, when the UK gave up shopping to watch the Olympics, and like-for-like ...
03 September 2013
Japanese convenience retailer Lawson plans expansion in Thailand and scales back plans in Indonesia and China. 5,000 stores within 5 years In an interview with the Bangkok Post, Lawson's CEO Takeshi Niinami reports plans to grow the number of its ASEAN stores from 100 at the end of 2012 to 5,000 by 2018. The retailer looks ahead to greater integration in the ASEAN region, which it belie...
02 September 2013
China's leading online grocery retailer has expanded its offer of fresh foods to Beijing, reports China Daily. Unlocking the potential of fresh and frozen categories online Yihaodian, in which Walmart holds a majority stake, initially launched its fresh food delivery service in Shanghai in March; this now attracts over 1,200 orders per day. On August 28th Yihaodian extended the service to ...
02 September 2013
The Hungarian government is reportedly considering banning the sale of tobacco products in large stores, according to Magyar Hirlap, the Hungarian newspaper. Ban could affect larger stores The ban, which may come into effect in January next year, could see the sale of tobacco products banned in stores larger than 2,500 square metres (26,910 square feet). This could impact on tobacco sales ...
02 September 2013
Ahold is reportedly in discussions to sell its Slovakian business, according to Slovakian website Sme.sk.  Discussions between Ahold and J&T Group Discussions are reportedly taking place between Ahold and investment organisation J&T Group, which predominantly works with clients in the Czech Republic, Slovakia and Russia. Slovakia is Ahold’s fourth largest market Slovakia is Ahold’s four...
02 September 2013
Rewe Group, one of the leading German grocery retailers, has made clear its intention to push forward in e-commerce. Former Tesco manager to drive e-commerce Alain Caparros, Rewe Group CEO, has announced that Jean-Jacques van Oosten is to join Rewe as Chief Digital Officer in December. Oosten was formerly chief information officer and non-food change director at Tesco and more recently at...
02 September 2013
Waitrose has appointed a sports marketing agency to help maximise the potential of its sponsorship of the England cricket team, which begins next year. Specialist agency appointed Waitrose has chosen marketing agency Essentially to help it make the most of its three year sponsorship of Team England Cricket which begins next May. Essentially is a division CSM Sport & Entertainment, the world's...
02 September 2013
Cencosud has reported consolidated revenue growth of 14% for Q2 2013, driven by its Colombian acquisition and higher revenues from the home improvement, department store and shopping centre divisions. Supermarket division revenues up 15% The consolidation of the Carrefour Colombia business, positive same store sales in almost every country and 73 new stores since June 2012 boosted reve...