Retail and consumer goods industry news

13 January 2021
FairPrice has opened a new hypermarket with a dine-in area and local food concepts at Parkway Parade on 12 January. The space was previously occupied by Giant hypermarket until March last year. First cocktail bar in a grocery store Shoppers can order a unique in-house cocktail, the FairPrice Fizz Tipple, made with gin, lemon juice, strawberry syrup and egg white foam. Bar snacks like tortil...
13 January 2021
Northern grocer Booths, which traditionally sees a strong performance in the golden quarter, saw Christmas 2020 continue this trend, with results that did not disappoint. It reported an 11.8% growth in sales for the three weeks leading up to Christmas. Key points of performance +15.7% like-for-like sales versus the same three week trading period in 2019 +16.6% in the seven days leadin...
13 January 2021
Walgreens Boots Alliance (WBA) has announced it is set to accelerate its investment in VillageMD to help it ‘ offer full-service primary care clinics co-located at its stores at a large scale ’. Step up in investment comes just six months after previous expansion WBA’s announcement of further investment will support the opening of a further 600 to 700 Village Medical at Walgreens primary ca...
13 January 2021
PLUS Netherlands has reported 2020 results, saying total sales rose more than 14% to €3.0 bn in 2020 for the 53-week timeframe. It reported organic growth of 12%, which it said was ahead of the market, which it estimated at 9%. COVID-19 pandemic drives growth… Providing a safe environment and meeting shoppers’ daily grocery needs was key for all retailers in 2020 as the industry reacted to ...
12 January 2021
We review Albertsons’ third quarter performance and the progress it’s making against its four strategic priorities. Q3 key numbers Sales and other revenue up 9.3% to $15.4bn Identical store sales increased 12.3% Digital sales growth of 225% Operating income up 25.1% to $258.5m Gaining millions of new households The pandemic continues to drive elevated demand across the r...
12 January 2021
Walmart is partnering with HomeValet to pilot online grocery deliveries directly into smart boxes located outside customers’ homes. Temperature controlled, IoT enabled Starting this spring, customers in Bentonville, Arkansas, will be able to receive deliveries from their local Walmart directly into a temperature-controlled smart box. This features an IoT (Internet of Things) enabled platfor...
12 January 2021
Latest IGD research, conducted 8-10 January, shows that half of shoppers claimed to have stockpiled or bought extra recently due to COVID-19. This has increased from last week though is still lower than previous levels, particularly last April, when it reached 64%. Stockpiling is highest among 18-44s (62%) and those living in London and Northern Ireland (both 65%). In comparison, claimed st...
12 January 2021
Amazon has discontinued its Pantry delivery service in the US and India, as it looks to offer a clearer, simpler grocery proposition to customers. Launched in 2014 Amazon Prime Pantry launched in the US in 2014, enabling Prime members to order products including non-perishable food, alcohol, personal care and household items for delivery. The aim of the service was to allow shoppers to stoc...
12 January 2021
December was a record-breaking month for the Irish grocery market, with sales of €1.2 bn on groceries, according to the latest results from Kantar. The market grew 17% in the 12 weeks to 27 December, with lockdown restrictions and Christmas contributing to the strong sales increase. Dunnes retained the largest market share during the period. Notable performances also came from Lidl and Tesco, ...
12 January 2021
The latest release from the British Retail Consortium Retail Sales Monitor (BRC-RSM) shows that UK retail sales grew by 1.8% in December, with non-food sales again significantly restrained by the progressive imposition of shut-downs of ‘non-essential’ retail in large parts of the country as coronavirus infection rates surged in the run up to Christmas. In the most disrupted year for business in r...