Retail and consumer goods industry news

01 March 2021
Walmart Mexico (Walmex) recently reported total revenue growth of 8% for 2020 and 5.9% for Q4. Same-store-sales increased by 6.7% for the full year (4.9% in Q4). At its annual Walmex Day event, the business outlined three business priorities for the year 2021 and beyond: win in discount lead in omnichannel develop its ecosystems. Ambition to become the omnichannel market leader ...
01 March 2021
Condis plans to open its warehouse to improve its online store, Condisline, while Aldi has announced expansion plans for 2021, expecting to double the number of stores it added in 2020. Meanwhile, Mercadona continues to embed its sustainability strategy and Uvesco has revealed its 2020 full year results and set out its 2021 strategy. Condis boost its online platform Condis has opened a 5,00...
26 February 2021
Walmart has expanded its shoppable interactive video hub, Walmart Cookshop, adding twenty-two new episodes, including celebrity collaborations. Builds on existing strategic partnership Walmart and eko initially formed a strategic partnership in 2018, to develop original, interactive content to help the retailer develop more frequent and deeper engagement with its customers. The technology e...
26 February 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Edeka opens automated store in Germany Edeka has opened a 24/7 automated convenience store at Renningens train station. ‘E 24/7 Karow & Sommer’ stocks 300 SKUs items and will gra...
26 February 2021
Half year results season in Australia is out of the way, with both Woolworths and Coles having released their HY performance reports over the last two weeks. As the attention swings towards H2 and the rest of 2021, we believe that there are five major trends that will shape the Australian grocery market as we cycle out of the pandemic... 1. Acceleration of online grocery Over the past few y...
26 February 2021
We look at Loblaw’s fourth quarter and full year performance, including the growth of ecommerce and what it’s doing to improve channel profitability. Q4 and full year key numbers Fourth quarter total revenue increased by 7.1% to $12.4bn, with retail segment sales up 7.5% to $12.2bn Food retail same-store sales growth of 8.6%, with its Market division delivering growth of 10.6%, and Di...
25 February 2021
Asda has announced plans to transform how it serves online demand  - with a big expansion of its store pick model, the proposed closure of two home shopping centres and a consultation to simplify ways of working across store teams. Responding to a structural shift in demand Providing context for the changes, Asda noted how it has increased online capacity by 90% since last March to 850,000 ...
25 February 2021
Sainsbury’s has launched a new brand slogan to support its position as the Principal Supermarket Partner at the United Nations' international climate change conference, COP26, taking place in Glasgow this November. New strapline to align with Sainsbury’s updated strategy 'Helping Everyone Eat Better' will replace 'Eat Well for Less' as Sainsbury’s primary messaging in late Spring in a move ...
25 February 2021
We review how the growth in online shopping has led drugstore operators, such as Walgreens, to partner with last milers. These partnerships are enabling retailers to offer same-day delivery services and are providing new opportunities because of the collaborations. New partnership with Instacart Walgreens has teamed up with delivery company Instacart to offer ‘customers nationwide an unmatc...
25 February 2021
With Apple becoming the latest partner for Target as it builds a differentiated store experience, we look at what this means for the retailer. Enhanced in-store and online experience Target is partnering with Apple to offer customers an enhanced shopping experience in store, and online. The roll-out will start in 17 locations initially across the US this month, with further sites to be laun...