Retail and consumer goods industry news

02 March 2021
Last month our Future Talk webinar looked at where grocery retail is heading in North America, with a focus on store of the future developments. This replay is available for subscribers only. Part one: from store of now to the store of the future (2:00 minute mark) Covid-19 and grocery formats Future store elements Five big bets for the store of the future Part two : inside Wa...
02 March 2021
Woolworths Holdings, the South African owner of David Jones in Australia, has announced that it is to close stores and focus its efforts on expanding its forecourt partnership with BP. Three stores to close in Melbourne In September 2020 the retailer expressed concern over the progress that its Australian food business was making and with many of its larger food halls located in department ...
02 March 2021
IGA in Australia has teamed up with logistics provider DoorDash to offer grocery delivery from 100 of its supermarkets. Over 1,600 SKU's available within 45 minutes DoorDash will help IGA ramp up its online grocery delivery business that it fast-tracked to market last year due to the global pandemic. The partnership means that stores in Melboure, Sydney, Brisbane, Perth, Adelaide, Cairns, T...
02 March 2021
The GB market grew 12.5% in the 12 weeks to 21 February, according to the latest results from Kantar. This period included Christmas and the reintroduction of lockdown restrictions, which drove growth. Strong growth is now expected to slow Sales accelerated further in the last four weeks to +15.1%. This was the fastest rate of growth since June 2020. Market growth is however now expected to...
02 March 2021
After the tumultuous year that was 2020, what can we expect in the grocery sector in the year ahead? In this second article I will consider the changes impacting and affecting retailers. Readers can access our first article on trends impacting shoppers here . 4. New wave of store format innovation Across the Big Four we’re seeing a new wave of format innovation centred around compact fo...
01 March 2021
Walmart has removed the $35 minimum order requirement for its Express delivery programme, bringing in a new $10 additional flat fee for the service. Available at over 3,000 stores Walmart launched the Express delivery service last May, enabling customers to receive their orders in as little as two hours. Over the last nine months, this has been expanded to almost 3,000 stores, reaching 70% ...
01 March 2021
Last September, Albertsons opened the latest iteration of what it refers to internally as Pavilions 2.0, which features a new décor package for its upscale banner. We look at how fresh foods are being executed across three departments. Remodeled store The store, located in the Sherman Oaks neighborhood of Los Angeles, is an expanded version of an older Pavilions. This banner forms part of t...
01 March 2021
South Africa-based Woolworths has reported a positive trading update for the 26-week period ending 27 December 2020, with its performance driven by its food operations. The retailer said group sales fell by 0.5% at constant currency terms but rose by 5.3% excluding exchange rate effects. Woolworths said the results showed the ‘ improved trading momentum across all businesses over the final six...
01 March 2021
Retailer alliance EMD has announced it will, from now, require its private label suppliers to adhere to its sourcing code of conduct. EMD committed to Responsibility and Sustainable Sourcing EMD said its sourcing code of conduct sets out 12 sustainability criteria, which are based on the Sustainable Supply Chain Initiative of the Consumer Goods Forum. EMD noted that private label suppliers ...
01 March 2021
France-based Casino saw consolidated net sales rise 8% at constant exchange rates, to €31.9 bn, in its 2020 financial year. However, they fell by 7.9% after considering exchange rate effects and hyperinflation and the falling price of fuel. The retailer’s full year results rose by 9% and by 8% in organic and same-store terms respectively. France: +3.0% in same-store sales Casino reported to...