Retail and consumer goods industry news

21 January 2013
New CEO Steve Murrells is to launch a new five year strategy to boost the retailer's sales and "get back to basics", and reshuffles his senior team. Five year plan to get the business back in to growth After posting encouraging Christmas results , CEO, Steve Murrells has announced his new plan to improve the shopping trip for customers at the retailer's food stores. Over the last six mont...
21 January 2013
Nisa has reported a 0.7% increase in sales through its central distribution services in the 39 weeks from April to December, lifted by a significant increase in volumes and new members. Sales and volume increase In addition to a strong like-for-like performance, volumes rose by 9.7% over the same period. Finance Director Simon Webster commented "The current trading environment is proving ...
21 January 2013
Following the departure of Tony Buffin, Coles have appointed Rob Scott as its new finance director. Internal appointment shows strong management pipeline Rob Scott will move from his current position as Managing Director of Wesfarmers insurance, to head up the finance division at Coles . The move follows the decision of outgoing Coles Finance Director, Tony Buffin to take a senior role a...
20 January 2013
Ukrainian supermarket chain, EKO Market achieved substantial growth in 2012 24.5% increase in turnover In 2012 EKO achieved a 24.5% sales increase compared to 2011, generating sales of US $3.75bn. The retailer opened 20 new supermarkets during the year which will have encouraged such a positive performance. Expansion in 2013 Alexander Ferenets, EKO Managing Director, has announced t...
18 January 2013
Migros has reported group turnover growth of +0.7% for 2012 to CHF25.03bn; retail turnover was up 2.3%, to CHF21.35bn, after taking into account the effects of price adjustments. Demonstrating price leadership Following the pattern of recent years, Migros continued to invest heavily in price cuts in 2012. The group’s ten co-operatives implemented cuts equivalent to some CHF204m over the year, ...
18 January 2013
French retailer Leclerc has reported sales growth of 7% excluding fuel for 2012, confirming the success of its EDLP strategy. Low prices main driver behind six years of constant share gains Sales for 2012 reached €43.7bn, up 7.5% including fuel. On an ex-fuel basis sales were up 7% to €34.9bn. In France , where the retailer has the majority of its operations, sales were also up 7.5% to €...
18 January 2013
Woolworths has moved to double the discount it offers on fuel, matching a similar offer which Coles currently has in place, but also offering a few extra hidden benefits.  Customers can start saving today Woolworths is doubling its popular fuel discount from 4c off a litre to 8c off a litre. However, in what it claims to be an industry first, it is backdating the savings to customers who...
18 January 2013
Morrisons has announced that it intends to launch its third fully transactional website in partnership with innovative kitchenware specialist Lakeland. Morrisons third non-food site Set to launch this Spring, the new site is the latest demonstration of Morrisons increasing focus on e-commerce and use of the channel to broaden its non-food offer to enable its stores to remain focused on fo...
18 January 2013
Bargain Booze has announced that in the two weeks to 24 December 2012, LFL sales increased 9.5%, while in the six weeks to 31 December, LFL sales increased 3.4%. New marketing campaign The launch of a £1m TV and radio campaign has bolstered Bargain Booze's   festive sales, bringing the chain to the attention of new shoppers. Adam Burnett, marketing director at Bargain Booze, said "Our cre...
18 January 2013
Netherlands-based Sligro has announced that it has taken a 25% stake in Superdirect.com. Investment to enable retailer to gain online experience The company said that it would not be looking to integrate its supermarket operations with Superdirect.com in any way following the investment. Instead the company said that it would be using it to gain experience about selling online and how to ...