Retail and consumer goods industry news

07 February 2013
The Dutch supermarket chain is to invest around $100m in developing stores in Russia, with a focus on Moscow, according to Russian press reports. Reconstruction and store openings With Russia being a long-term priority market, SPAR’s local partner is investing $30m in reconstructing a...
07 February 2013
As Tesco creates a new position for a Managing Director to oversee its operations in London, what does this mean for its strategy in the capital in terms of how its business develops going forward? Getting serious about the London opportunity Andrew Yaxley was moved from his position as UK Commercial Director for Fresh Food last October and will now take on the responsibility for all for...
07 February 2013
Against a backdrop of Eurostat revealing that the volume of retail trade fell by 3.3% in Romania in December 2012, when compared to the same month in 2011, retailers have announced a number of initiatives for the market. Delhaize trials store design in Bucharest Delhaize , under the Mega Image banner, has opened a ‘concept store’ in Bucharest. The new outlet is larger than the company’s stan...
07 February 2013
Coop Supermarkten has announced that shoppers are able to purchase grocery products online, via cooponline.nl, and have their orders delivered to their home or, if the store is large enough, collect it from there. Products to be picked in store The company said that it has signed up 20 entrepreneurs and will be extending the reach of its online shopping option during 2013. To maximise its p...
07 February 2013
Ocado has confirmed gross sales grew by 11.4% to £716.2m for the 52 week period of 2012. The pure play retailer expanded its range by 40% during the year to reach 28,000 SKUs, as CEO Tim Steiner aims to move from 'supermarket to hypermarket' status. EBITDA was up 20.4% to £33.5m, although the retailer recorded a loss before tax of £1.0m this narrowed to £0.6m looking at the 53 year period. Gross m...
07 February 2013
M&S has created a dedicated team to experiment with new technology, according to reports in Retail Week. It also intends to open Simply Food stores in France. Digital lab to introduce 'start up' mentality According to the report, the digital lab will be central in driving M&S'  multi-channel ambitions, with a start-up, agile mentality helping the retailer to evaluate and develop cutting edge ...
07 February 2013
Panda, part of the Saudi Arabia-based Savola Group, has announced that it enjoyed sales growth of 10.9% in 2012. Results show positive trend for the retailer Panda’s unaudited results for the 2012 full year, ending 31 December, showed that sales had increased by 10.9% to SAR10.1 billion, from SAR9.1 billion in the previous year. The results also showed that Panda’s net income had risen by 55%...
07 February 2013
It has been revealed that US-based global warehouse club operator, Costco will open a further two depots in the UK during 2013 taking its total number of units in the country to 25.  This will make 2013 something of a bumper year for Costco.  In its twenty years of operating in the country new openings have averaged little more than one every twelve months. Depot twenty-four for Farnborough, Hamp...
07 February 2013
We highlight the stores you’ve looked at the most on Retail Analysis in January Aldi, Atherstone, UK : an increasingly potent format Source: IGD research With the discount channel growing rapidly, this store demonstrates many of the reasons why discounters are trading so successfully. The store has developed its product range through investing in NPD acr...
07 February 2013
The Swedish retailer reports sales of SEK 9.2bn for the full year 2012, up 3.8% on 2011. A year of 'stable earnings and sales' While revenues were up by 3.8% in 2012, like-for-like sales were less positive at just +0.2%, which CEO Anders Stralman commented on as "not entirely satisfactory". It saw mixed performance across all its divisions, with Willys delivering its best ever set of r...