Retail and consumer goods industry news

17 August 2022
Woolworths has announced its MD of B2B & Everyday Needs, Claire Peters, is leaving the business. She will take up the role of VP worldwide at Amazon Fresh. Oversaw strong growth at Woolworths Claire Peters joined Woolworths in 2017 as Managing Director of Woolworths Supermarkets. Prior to this, she had over 20 years of experience working for Tesco, having started at the retailer as a gradua...
17 August 2022
As our ShopperVista Quarterly channel trends report shows sustained usage for the variety discount channel, with increasing usage from AB shoppers, we round up key developments for Poundland. Poundland to open further new stores in 2022… Poundland will open or relocate 25 stores in the UK before the end of 2022, with 10 to be opened by the end of September and the remainder before the e...
17 August 2022
SPAR International announced it launched its first store in Latvia on 11 th August 2022 and plans to offer shoppers high-quality service, fresh produce and competitive offers. The opening also provided its first 100 customers with a welcome gift. SPAR opens its first store in the town of Saldus SPAR revealed the first store is located 120km west of the capital city of Riga in the town of S...
17 August 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 7 August 2022 total till roll consumer spend in Great Britain rose by 2.2%. The pace of growth is the fastest reported by Kantar since April 2021. Inflation impacting shopper behaviour, benefiting private labels… Kantar reported its inflation read reached 11.6%, the highest ...
16 August 2022
Last month, Walmart announced it had lowered its projected sales for Q2 and the rest of 2022 . Net sales were expected to be up by around 7.5% for the quarter, with US comp store sales expected to be up around 6%, but itsQ2 results surpassed its expectations. However, its gross profit continues to face pressure from higher-than-usual levels of mark down activity, which it has employed to cl...
16 August 2022
Superdrug has launched a new weekly discount promotion, ‘Feel Good Fridays’, as it looks to help shoppers during the cost-of-living crisis.   Exclusive to Superdrug’s Health & Beautycard members According to Superdrug, the weekly discount promotion is one of the biggest weekly discounts the retailer has ever run. It offers Health & Beautycard members up to 60% off across a selection of prod...
16 August 2022
As Morrisons signs a further wholesaling contract and launches carbon neutral eggs to its range, we round up four recent developments from the retailer. Morrisons signs up for international supply deal Morrisons has signed a deal with the international grocer British Corner Shop, which will see it expand its wholesale activities. The retailer said the partnership will see its private label ...
16 August 2022
Superdrug and Watsons’s parent company A.S. Watsons released its first half results. The retailer’s performance was mixed across its operations in China and other regions. COVID-19 still posing a threat to performance in mainland China The group’s total revenue increased by 3% in the first half to HK$84.9 bn (US$10.9 bn), while EBIT declined by 12% to HK$4.3 bn (US$552.6m). The decline w...
16 August 2022
The German retailer has announced plans to open hundreds of shops in Shanghai and wants to expand into other Chinese cities. Major expansion plans revealed Aldi Süd plan to expand its physical store network in China into the hundreds, with Shanghai its first major target. The retailer has 26 stores in the city, following its entry into the physical market in 2019. Cities in the Yangtze Delt...
16 August 2022
Walmart is partnering with Paramount to provide members of Walmart+ with access to a Paramount+ Essential subscription for no additional cost. Adding new benefits Starting next month, Walmart+ members will be able to access a range of shows and movies from Paramount+. The Essential subscription usually costs $4.99 per month. This is the latest benefit to be added to the programme following t...