Retail and consumer goods industry news

We recently paid a visit to Aarhus, the second largest city in Denmark, to look for innovations and the latest trends in the market. Here are our key learnings from the trip, as well as a shout-out to our favourite stores. 1. Importance of organic Denmark has the world’s highest organic share, with three out of four Danes buying organic food every week. Regardless of whether the format is c...

Aldi is set to streamline its private label offer in Belgium, significantly reducing the number of own brands. Fewer brands As reported by Het Nieuwsblad, Aldi plans to reduce the number of private label products it offers in Belgium from 160 to 55. This includes replacing the discounter’s Pirato crisp brand with Sun Snacks, as well as merging the Markus and Moreno coffee brands into Bariss...

Asda launched its ‘M&S Taste Match’ campaign in stores this week. The campaign's core message is “This isn’t just food, it’s M&S taste, at an Asda price.” as Asda looks to promote the quality credentials of its products. The retailer claims in blind taste tests hundreds of its products have been voted either “as tasty” or “tastier than” equivalent products at M&S. Asda claims all the pr...

The Dutch market leader announces it is joining the Eurelec alliance from 2025. Price differences to be addressed Ahold Delhaize will join France’s E.Leclerc and Germany’s REWE as part of the Eurelec retail alliance. The alliance will act as a joint sourcing venture between the three retailers for the purchasing of international FMCG’s. Through joining the alliance Ahold Delhaize hopes t...

The Dutch retailer has announced its intention to join the Epic Partners and Everest alliances from 2024. Jumbo to improve its purchasing power To improve its negotiating power with A-brand suppliers, Jumbo will join the Epic Partners and Everest retail alliances in 2024. The alliances were both set up by German market leader Edeka in 2021 when it left the Age Core alliance. Epic Partner...

Since Wilko announced it was entering administration earlier this month, PwC has been searching for a buyer. PwC has stated that it is likely that whoever purchases the chain will not be interested in the entire business, generating widescale redundancies. With continued speculation and no clarity on the outcome of Wilko’s administration, will Wilko survive, or is this an opportunity for other va...

The Italian retailer has just published its H1 results for 2023, experiencing strong growth in sales but maintaining its position as top supermarket for price  A summary of the numbers  Sales up 7.3% to €4,638m  EBITDA up to €358.5m from €214,6m   Net income of €53.5m  Not passing costs to customers  Esselunga is continuing to take on the burden of the growing cost of livi...

Loblaw has launched a new discount format, No Frills Plus. The retailer has adapted an existing hypermarket format, Real Canadian Superstore, for this launch. First No Frills Plus to launch This is an interesting development by Loblaw. Although a hypermarket format, Real Canadian Superstore operates as part of the retailer’s discount division, with strong value credentials. In the current e...

Our global analysts share their opinion on grocery retail news from across the globe. Leclerc addresses self-scan shrinkage concerns – Lucy Bellotti, Senior Insight Analyst French market leader Leclerc partners with Knap to test 40 connected shopping trolleys in its hypermarket based in La Colle-Sur-Loup. The retailer has approximately 60-80 shoppers using the smart trolleys per day and cla...

Costco delivered another solid year of sales for fiscal ‘23, despite the ongoing affect of weakened sales in high-ticket discretionary items. Here we explore its performance in more detail and give insight into its 2024 expansion plans and steady digital transition. Fourth quarter and full year key numbers Q4 total revenue up 9.4% to $77.4 bn, with full year revenue up 6.7% to $237.7 bn ...