Retail and consumer goods industry news

14 April 2021
Tesco has outlined how it plans to focus more on value, loyalty, online and sustainability following the release of exceptional full year results. In this article we look at Tesco's progress over the past year and current areas of focus for the business. Headline results Group sales: +7.1% to £53.4bn (+7.0% at constant exchange rates) UK & Ireland LFL sales +6.8%, (H1 +7.2%%, H2 +6.5%...
14 April 2021
The discount channel is slowly catching up with grocery ecommerce as it seeks to remain relevant with shoppers. The many recent partnerships with aggregators (last milers) across Europe prove the online transformation of the channel is inevitable and it is now accelerating, especially around quick commerce. We look at the different developments in the region and what this could mean more widely f...
13 April 2021
Seven & i Holdings, Aeon and Lawson have posted their annual results for year ended February 28, 2021. Summary and our view 2020 was a very difficult year for Japan’s convenience industry. All of the leading retailers faced lower sales and customer visits. This was despite average basket size being larger than ever before. Returning to a growth trajectory is a priority for all convenience c...
13 April 2021
Eroski expands through franchising, following a €7.8m investment, while Amazon Fresh launches in Barcelona offering fast delivery of food, beauty, and personal care products. Separately, Condis is improving its online operations to meet shopper demand, as Sánchez Romero partners with Lola Market to create a new remote purchasing channel. Eroski launches 52 franchise stores Eroski has invest...
13 April 2021
We look at the latest news from M&S, including its latest initiative to support British farmers, the expansion of its international online business, and the recent purchase of clothing retailer Jaeger. Supporting British famers M&S has started a new five year ‘Farming with Nature’ collaborative programme to support its Select Farms. The Select Farms brand is part of M&S's Plan A initiative,...
13 April 2021
Walgreens Boots Alliance (WBA) said group sales increased in its second quarter by 4.6%, 3.5% on a constant exchange basis, to US$32.8 bn. Performance by division   Retail Pharmacy USA Sales increased by 0.4% to US$27.3 bn compared to Q2 2020 Comparable sales increased by 2%, with comparable pharmacy sales up by 4.5%, while comparable retail sales declined by 3.5% Retail sale...
13 April 2021
In our latest report, we look at the initiatives retailers are putting in place as they strive to improve online grocery profitability following a year of accelerated growth. Five areas of focus for improved profitability  Following rapid growth last year, which saw grocery ecommerce sales almost double in the US to just under $70bn, in 2021 retailers are laser-focused on improving channel ...
13 April 2021
With the annualization of the onset of the pandemic impacts from 2020, the latest release from the British Retail Consortium Retail Sales Monitor (BRC-RSM) has switched to reporting a two-year comparative for its March data, in an attempt to indicate the underlying trend in UK retail and smooth the volatility seen last year. This shows that sales in March 2021 were 8.3% higher than 2019, largely ...
13 April 2021
Sainsbury's and Deliveroo are expanding their delivery partnership nationwide, following a successful trial in 10 stores. 100 stores to offer grocery delivery from Deliveroo app Sainsbury’s and Deliveroo have signed a two year contract, which will provide shoppers the option to order grocery items via the Deliveroo app from 100 stores nationwide, including in Liverpool, Newcastle, Leeds, Yo...
12 April 2021
FamilyMart has opened several new convenience stores in Malaysia, the Philippines and Japan. We explain why each one is significant and what can be learned from FamilyMart. The first FamilyMart drive-through in Malaysia The pilot drive-through store is located at Berkeley Uptown, Klang, Selangor. Products such as oden (skewers of assorted items such as fish ball and tofu), bento, ice cream ...