Retail and consumer goods industry news

02 August 2021
In recent weeks there have been operational challenges due to increased number of employees being advised to self-isolate. However, there are sufficient food supplies within the system and the impact on availability has been limited to date. In the latest shopper research conducted for IGD over this last weekend 30 July-01 August 2021 Half (48%) of adults claim to have experienced shortages...
02 August 2021
It has been confirmed that JD.com has recently purchased Huaguan, a regional supermarket chain established in 1995 in Beijing. JD.com has full control of Huaguan Huaguan’s chairman, Carol Fung, is also the vice president of JD.com and the president of JD.com retail group’s omnichannel business group. Earlier this year, Fung has expressed that Huaguan is to undergo an omnichannel reform w...
02 August 2021
Dairy Farm International has reported that its sales dropped by 4% in the first half of the year to US$ 14bn.  As last year’s strong consumer buying patterns normalised, the Group’s underlying profit has decreased by 69%, from US$ 105m in the prior year to US$ 32m for the first six months of 2021. Difficult to match sales surge in 2020, as shopper behaviour normalises It has been a challeng...
30 July 2021
Since launching in 2009, discount retailer D1 has grown to become the third largest grocer in Colombia and the 10 th largest company overall. Despite stiff competition it has become the first discounter in Colombia to record a profit in a Fiscal year, reflecting the positive direction it is going in. Here we explore the reasons behind its success and how the pandemic has influenced change.   ...
30 July 2021
Australia’s convenience sector is dominated by forecourt-based stores, however evolution of the sector has been slow and innovation has been stop start in recent years. As Ampol and Woolworths launch their first Ampol Woolworths Metro store in Victoria, we explore whether the partnership’s drive to open more stores will unlock further value in the Australian convenience channel. 14 Ampol Woolw...
30 July 2021
Asda has announced plans to expand its refill range at its sustainability store in Middleton, Leeds. The expansion will see it add over 50 new product lines to its refill zone. What brands has Asda worked with? The aim of Middleton is to help shoppers reduce, recycle, and reuse packaging, while also highlighting sustainable initiatives can be provided at affordable prices. The brands Asda p...
30 July 2021
Amazon's net sales increased by 27% year-on-year (YoY) to US$113.1 bn, with operating income rising by 33% to US$7.7 bn. Rate of growth slowing Despite the strong sales growth, the rate was down on the 44% increase seen in Q1 this year. Amazon’s international segment grew 36% YoY, compared to North America which grew 22%. North America is still the dominant market, with sales accounting ...
29 July 2021
We take a look at three innovative store concepts from the country, spanning different grocery categories including sweets, food-to-go and bakery. They demonstrate how retailers are exploring ways to generate new shopping experience and connect with new and existing consumers. Technology also plays an important role. White Rabbit Candy Store Category : sweets Location : Fengxian New Ci...
29 July 2021
The retailer announced the official opening of Guangzhou Tianhe store on 20 July. It is the retailer’s second store in Guangzhou and the 33 rd in the country. More than 4,000 SKUs sourced globally The store is situated in Merrill Lynch M·LIVE World, Huangpu Avenue, Tianhe District, Guangzhou. Covering an area of more than 20,000 sq m, the store offers 1,500 parking spaces. The range consis...
29 July 2021
As Carrefour France acquires a minority stake in quick commerce operator Cajoo, its operations in Poland looks to reduce plastic use and it appoints a new chief executive in Brazil, we round up five developments from the retailer. Carrefour acquires stake in quick commerce company in France In its Q2 results statement Carrefour announced its acquisition of a minority stake in quick comm...