Retail and consumer goods industry news

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...
12 January 2021
France trade publication LSA has reported that Auchan Group has changed its management team to bring in new governance of the group with the appointment for each country of a president and vice-president. Management changes aimed at accelerating decentralisation process LSA, quoting a document, said the appointments are ‘ …a question of accelerating the move towards decentralisation by allo...
12 January 2021
Lidl Spain continues to grow its network, investing a further €60m to open 10 new stores during Q4 2020 as it also collaborates with a celebrity chef to launch a limited-edition range. Meanwhile, Aldi has revealed its plans to continue its expansion and claims it increased its space by 6.4% in 2019. Separately, Caprabo has launched a new online platform, which has enabled an increase in capaci...
12 January 2021
Walmart is partnering with Ribbit Capital to create a new fintech startup organisation with a focus on developing innovative and affordable financial solutions. Optimising Walmart’s scale This new partnership brings together Walmart’s retail knowledge and scale with Ribbit’s fintech expertise to deliver tech-driven financial experiences. The global investment firm is focused on investing in...
11 January 2021
The UK’s Groceries Code Adjudicator, Mark White, has today (11 January) launched the regulator’s annual survey , inviting suppliers to share their experiences of how the sector is operating during highly challenging times.   An opportunity to influence how the sector is regulated The survey is an important opportunity for suppliers to tell the GCA about any Code issues they are facing...
11 January 2021
Olive Young, South Korea’s largest health and beauty retailer, announced last week to open an online shop on Shopee, Southeast Asia’s biggest ecommerce platform. Available in Indonesia and Malaysia first About 300 products under Olive Young’s six private brands, WAKEMAKE, colorgram, RoundAround, Botanic Heal boH, Bring Green and Filllimilli, will be available on Shopee. These items will ...
11 January 2021
Despite being an essential retailer, Poundland will once again be temporarily closing some of its stores as a result of the current lockdown. Reduced footfall leads to 'temporary hibernation' of 44 stores Poundland has put 44 stores into 'temporary hibernation', according to The Grocer. Stores closed on 8th January. Poundland has not given a date for when the stores will reopen, due to the ...
11 January 2021
Following on from the appointment of Yoann Alarçon as director of traditional fresh products at Carrefour France, local trade publication Lineaires has reported one of Alarçon’s first decisions has been to stop the retailer selling strawberries in January. Alarçon appointed as director of traditional fresh products at Carrefour France Carrefour France appointed Yoann Alarçon, who was the fo...
11 January 2021
Mexican business FEMSA, which owns the OXXO convenience store chain, are trialling autonomous convenience stores in Mexico. The small-sized units are designed to serve customers in hospitals, apartment complexes and offices. FEMSA has launched two stores in the format, which it has named OXXO Smart. Source: FEMSA Key characteristics of OXXO Smart The stores are fully autonomous (r...