Retail and consumer goods industry news

08 March 2021
In 2020, wholesale retailer Makro (owned by Dutch private trading group SHV Holdings), celebrated its twenty fifth year of operating in Colombia. While Makro has recently scaled back its operations in other Latin American markets, Colombia remains a market of strategic importance for the business. Over the last year it has made some significant changes to its store model to better align to cus...
08 March 2021
Czech Republic-based Rohlik.cz has raised €190m (US$230m) in a financing round. It plans to use the funding to expand its footprint in its existing markets as well as expanding into new ones. Revenue +101% in FY2020 Rohlik.cz was founded in 2015, delivering to cities in Czech Republic. The retailer’s full year revenues increased by 101% in 2020 to €300m. Rohlik.cz offers a range of 17,000 p...
08 March 2021
Albertsons, the third-largest grocery retailer in the US, has partnered with Tortoise, a logistics automaton firm, to pilot a remote-controlled zero-emission delivery cart in Northern California . Contactless delivery solution The pilot is being led by the retailer’s Safeway division. The cart, powered by Tortoise, is equipped with a camera and a speaker. Travelling at 3mph, it is guided th...
08 March 2021
The Grocer magazine has reported that the leading UK wholesale buying group Unitas is to source a limited number of lines from national supermarket retailer Morrisons under the Safeway brand.  The Safeway brand was launched in 2018 to provide a private label capability for Morrisons’ wholesale supply deal with the convenience retailer McColl’s. Agreement includes 36 lines in total This arra...
08 March 2021
Tesco has set out a new healthy eating strategy designed to make the retailer a destination for affordable, healthy, sustainable food. The plans, which cover the period until 2025, include a major new programme of product reformulation, changes to prices and promotions and an expansion of Tesco’s plant-based ranges.  Progress against these plans will be reported publicly, underpinned by new t...
08 March 2021
Auchan said in its 2020 financial year confirmed its ‘ successful turnaround ’ and the ‘ success of the Renaissance operational excellence programme as it reported its EBITDA rose 27% to €1.63 bn. However, the improvement in its profitability came despite Auchan Retail’s revenue falling 5.2% to €31.626 bn, although it remained stable, contracting by only 0.2%, in like-for-like terms. Flat rev...
08 March 2021
As Carrefour in Belgium and Poland enhances its online offer and makes a new appointment in Romania, we round up news from the retailer. Carrefour Belgium to collaborate with Deliveroo… In Belgium, Carrefour is to work with Deliveroo to enable shoppers to get delivery of groceries to their homes in less than 30 minutes. The companies have said the service will be rolled out initially in Bru...
05 March 2021
We review Costco’s second quarter results as it starts to lap last year's surge in demand driven by the Covid-19 pandemic. Key numbers Q2: Net sales increased 14.7% to $43.9bn Comparable store sales (ex-fuel and currency impacts) increased 12.9% across the company, and by 12.6% in the US, 10.6% in Canada and 17.7% in other international markets Ecommerce sales increased 74.8% Op...
05 March 2021
The latest results from variety discounters B&M, Home Bargains and Poundland show a mix in performance. We have seen a continuation of the patterns of previous years, with B&M and Home Bargains growing rapidly and Poundland growing slowly. The results are mainly driven by the retailers differing strategies, with B&M and Home Bargains focused on opening new stores, and Poundland focusing on revamp...
05 March 2021
Kaufland has re-entered the online channel following the acquisition of Real's marketplace , instead of creating its own one. The retailer’s return to the online channel looks to establish its presence for the long term, building on Real’s existing success. This should help Kaufland differentiate this initiative, from its previous entry and exit from the channel in 2017, wh...