Retail and consumer goods industry news

28 April 2021
Explore how the Netherlands’ Jumbo is set to reduce its plastic consumption, while Beverage Carton and the Environment (ACE) has announced a 10-year sustainability roadmap set to deliver sustainable packaging by 2030. Meanwhile, Nomad Foods has partnered with the WWF to make an impact in the agricultural world and the UK’s Sainsbury’s has eliminated 18.5m plastic straws, replacing them with pa...
28 April 2021
Emart, the grocery retail chain owned by Shinsegae Group in South Korea, has announced that it would give customers “e-money”. It is Emart’s low price guarantee Emart recently announced that if customers have found the same products being sold elsewhere at a cheaper price, they will match the difference by giving customers online credit points known as e-money. The new policy applies to ...
27 April 2021
NTUC Enterprise is offering benefits worth SGD20m (US$15m) to union members to celebrate NTUC's 60th anniversary. The group is the operator of Singapore’s largest chain of grocery stores. Deals to help members manage cost of living Union members will be able to get 50% off six super savers products at Fairprice stores for six weeks. These products will be refreshed weekly and available in-s...
27 April 2021
The country’s supermarket operators are launching new initiatives to better serve neighborhood needs. Retailers are strengthening supermarket offers in response to changes in consumer preferences Supermarkets had flat growth in 2020 (value down marginally by -0.1%YoY), whereas hypermarkets saw relatively large decline at -2.6%YoY. This is due to store closure as well as changes in consumer ...
27 April 2021
This year, with the government's reopening roadmap on track, the big question for retailers is “ what will be the impact of foodservice reopening? ” In our latest Eating In vs Dining Out report, in collaboration with foodservice consultant Peter Backman, we forecast the size of the UK food and drink market in 2021 and examine how retail and foodservice shares will evolve. The report a...
27 April 2021
The latest release from Kantar, tracking the performance of GB grocery retail over the 12 weeks to 18 April 2021, shows that sector growth slowed to 5.7%, as sales met the tougher comparatives of the early pandemic in 2020 and non-essential retail and the out-of-home sectors began to open from 12 April, beginning the resumption of a more normal competitive retail landscape.  However, Kantar indic...
27 April 2021
The retailer announced that its first store in Huizhou, Guangdong province, will officially open on 28 April. This is Sam's 32nd store in China. Using “single product driven model” to achieve best prices for members The store carries 4,000 SKUs from different parts of the world, selected to suit Chinese consumers’ preferences and taste. Sam’s “single product driven model” is implemented ...
27 April 2021
Colruyt Group has acquired Culinoa, which is described as ‘ a foodservice partner [that] guide and supports over 100 large-scale kitchens of healthcare institutions in Belgium ’. The company said the purchase fitted with its ‘ ambition to respond to the evolving needs of professional customers and to promote quality catering ’. Culinoa compliments Colruyt’s Solucious operations Colruyt said...
26 April 2021
We review Albertsons’ fourth quarter results, which contributed to an outstanding full year performance, with sales hitting a record $70bn. The retailer plans to press on with its strategic growth and cost savings initiatives, including plans to simplify its supply chain and product sourcing. Q4 and full year key numbers Sales and other revenue increased to $15.8bn, driven by a 11.8% inc...
26 April 2021
Following successful drive-in movie, game day and Halloween events at its car parks last year, Walmart is launching Mother’s May Markets at selected Supercenters in the US. Mother’s Day becomes Mother’s Month With its focus on moms and Mother’s Day, Walmart is launching a month-long series of events, recognising the challenging year many will have experienced due to the pandemic. This inclu...