Retail and consumer goods industry news

15 August 2022
As Australia-based Woolworths officially launches its B2B site and looks to boost its use recycled packaging, amongst other developments, we round up news from the retailer. Woolworths officially launches B2B site Woolworths at Work After a trial that began in September 2020, Woolworths has launched its online service, Woolworths at Work, for business customers. Customers will be able to bu...
12 August 2022
Following on from our recent article, ‘Economic pressures paving the way for private label growth in Latin America’ , we take a closer look at three countries and how the leading retailers are gaining share from the major FMCG brands. Brazil has seen the highest growth in private label sales penetration Brazil is facing some of the toughest economic pressures in the region. Unemployment ...
12 August 2022
Emart is planning to open two more supermarkets in Ho Chi Minh City. First expansion since 2015 Emart is one of the largest retailers in South Korea. It opened its first store in 2015 at Phan Van Tri in Go Vap district, but struggled to open more stores due to licensing challenges. The retailer was acquired by Thiso International Commerce and Services Corporation last year. With the local o...
11 August 2022
Trade press magazine, Better Retailing has reported that the Asda ‘The Deal Depot’ store, opened adjacent to the retailer’s Patchway (Bristol) hypermarket in 2019, has been permanently closed (see the First Look report from our visit ). The Deal Depot store was launched as a trial for the potential demand for a warehouse-style format offering a limited range of food and drink products in bulk...
11 August 2022
Metro Group’s sales rose by 27.2% in local currency, reaching €7.9 bn in Q3 2021/22. The result has been attributed to growing inflation and its strong performance in the HoReCa industry. Sales growth across all channels Metro reported positive developments in all channels in Q3 2021/22, driven primarily by HoReCa: store-based sales grew to €6.1 billion (+18.7%) delivery sales incr...
10 August 2022
Intermarché, part of the Os Mosqueteiros group, has invested in store growth and is expanding its private label range in Portugal. New stores with a fresh feel Since the start of the year, six new stores have opened in Portugal under the Intermarché banner. This includes the renovation of its largest store in Abrantes. The new stores are strategically positioned to expand its customer base....
10 August 2022
Ahold Delhaize shared its positive results globally as well its outlook for the rest of 2022. The US continues with it’s strong growth and Europe bounces back with better growth Q2. Key Figures: Q2 net sales €21.6bn (+6.4%) H1 net sales €41.2bn (+5%) Comparable sales growth in Q2 was +4.2% and H1 +2.7% US Q2 growth 7.7%, comparable sales at +6.4% Europe Q2 growth 4.2%, compar...
10 August 2022
We round up sustainable initiatives from Morrisons, Waitrose, and Sainsbury’s. Morrisons launches carbon neutral eggs Morrisons has launched a private label range of carbon neutral eggs under the Planet Friendly Eggs brand, becoming it claims the first supermarket to do so. The step is part of the retailer’s aim to be directly supplied by ‘zero emission’ British farms by 2030. The eggs come...
10 August 2022
With better tourism sentiment, higher spending power boosted by government stimulus, more private investment and rising consumer confidence, retailers are expecting growth to return to grocery retail from H2 2022. Lotus’s plans store openings in H2 Sompong Rungnirattisai, CEO of Lotus’s, said an investment of THB13bn (US$368m) is planned for the opening new Lotus's stores and refreshing exi...
09 August 2022
As Iceland highlights the challenges it is facing due to rising energy prices, and it launches initiatives to support shoppers, we round up developments from the retailer. Iceland to face challenges from rising energy prices… Iceland has told investors, according to reports in the Financial Times, it is facing challenges from rising energy prices, noting that the ‘ considerable uncertainty ...