Retail and consumer goods industry news

15 November 2021
Carrefour plans to become net zero by 2040, while Lidl Switzerland said it had reduced its carbon footprint by 11%. Furthermore, we look at retailers adopting the environmental labelling system, Planet-Score. Finally, Metro completed phase one of its food waste prevention initiative, with over 30 suppliers committing to the project. Carrefour sets carbon neutrality target Carrefour plans to...
15 November 2021
Dairy Farm International has recently announced its results for the third quarter of the year, where its performance continues to be significantly affected by COVID-19. Its year-to-date results are still below the same period in 2020, when it has benefitted from panic buying and government support at the height of the pandemic. Shopper behaviour normalises, making it difficult to match sales su...
12 November 2021
The 11-day sale has wrapped up, with both Alibaba and JD.com setting new records for the annual shopping festival. Final results (24:00 Beijing time, 11 November) Alibaba: CNY540.3 bn (US$84.5 bn) in gross merchandise volume, an increase of 8.5% YoY (year-on-year). The slow growth is partially due to last year's high base JD.com: a total transaction volume of CNY349.1 bn (US$54.7 bn)...
12 November 2021
FamilyMart, operated by QL Resources Bhd, has set a new benchmark with its launch of a “food superstore”. Expanded range of ready-to-eat Source: FamilyMart Malaysia The new concept store lives up to FamilyMart’s commitment to making modern consumers’ lives easier and better through products, services and amenities that meet their daily needs. There are over 100 products in this new ...
11 November 2021
As inflation hits a 30-year high in the US, we are starting to see retailers shift to a stronger value-led focus, in-store and online. Could this be a foreshadow of what’s to come in 2022? Prices hit 30-year high The annual Consumer Price Index (CPI) hit a 30-year high of 6.2% in October. The scale and scope of the increased commodity, packaging, labour and freight costs which suppliers con...
11 November 2021
Having weathered the COVID-19 pandemic, our industry continues to face new challenges. We look at what’s top of the list for the senior team at the Kellogg Company. Growth held back by supply challenges Organic sales increased 5.1% in Q3, with demand at-home remaining elevated and most of its powerhouse brands outperforming their relevant categories. Without some of the supply challenges it ...
10 November 2021
Following on from its Digital Day announcement , we look at several developments, including its partnership with Meta, from Carrefour globally. Carrefour and Meta sign strategic partnership… Carrefour has signed a strategic partnership with Meta. The partnership will cover all its integrated countries and, therefore, will benefit operations in France, Argentina, Belgium, Brazil, Italy, P...
10 November 2021
Asia is the largest region in the world for grocery sales, however it is also one of the most complex. The global pandemic, like in all markets globally sent a shockwave through the industry last year, but what does growth over the next five years look like? Uncertainty will remain, but a clearer view of the future is emerging Like many businesses, last year we shortened our time horizons a...
10 November 2021
Morrisons and Sainsburys have announced they will cut their net zero target by five years to 2035. Meanwhile, Co-op has rebranded six stores to reflect the importance of climate change and the purpose of the COP26 event and, finally, Tesco is planning to halve the environmental impact of the average UK basket size. Morrisons sets new goal for its net zero target… Morrisons is planning to be n...
10 November 2021
Ahold Delhaize reported Q3 results, saying net sales rose 4.6% at constant exchange rates, to €18.5 bn, while like-for-like sales increased by 1.7%. Its operations in Europe saw flat comparable sales growth, contracting slightly, by 0.2%, while in the US they expanded by 2.9%. Ahold Delhaize saw continuing strong growth from its online operations, with net consumer sales rising by 29.2% across...