Retail and consumer goods industry news

07 January 2021
Variety discounter B&M's Q3 results (13-week period from 27 September to 26 December 2020) show positive growth across the majority of the business, particularly its UK banner.  Revenue growth across all banners, expect Babou Group revenue +22.5% to £1,398.5m (2019: £1,138m) B&M UK +26.6% to £1,211.8m (2019: £957.4m) Heron Foods +7.6% to £102.9m (2019: £95.6m) Babou (France) -1.4% ...
07 January 2021
In a trading statement brought forward from next Wednesday, Sainsbury’s has revealed strong trading performance over the festive season. Key numbers Christmas period (9 weeks to 2 January 2021) +9.3% LFL Q3 period (15 weeks to 2 January 2021) +8.6% LFL Total ex fuel sales grew +6.6%, pulled down by the closure of many standalone Argos stores Grocery sales +7.4%, with groceries...
07 January 2021
Coles has started the new year by announcing that it plans to cut the prices of over 200 products over the coming three months. Reductions of everyday items  The price cuts are expected to be implemented across various categories, with initial products to see reductions including ice cream, convenience items, deli products, drinks and pet food. Some products will see prices dropped as much ...
07 January 2021
Walgreens Boots Alliance (Walgreens) is divesting the majority of its Alliance Healthcare business to AmerisourceBergen Corporation in a $6.5bn deal. Expanding AmerisourceBergen’s distribution presence Alliance Healthcare provides logistics and supply chain services to Walgreens Boots Alliance and other retail pharmacies, mainly in Europe. For AmerisourceBergen’s, the deal will expand its d...
06 January 2021
Peruvian business InRetail has acquired Makro’s cash and carry stores in Peru for US$360m. Makro’s South American operations are owned by SHV Holdings, a Dutch business and one of the world’s largest private trading groups. InRetail has agreed to acquire 100% of its operations in Peru (16 stores), which will help it to bolster its multi-format strategy. "This incorporation strengthens our vis...
06 January 2021
The two discounters continue to work closer together in Germany. To better understand how their strategies are evolving we looked at the first folders of the year. Below are the key learnings we identified from the promotional offers on private label and branded products, Veganuary and the marketing messages. Two different folders but common offers on several categories In many European cou...
06 January 2021
Undoubtedly 2020 was a year of unprecedented change for the North American food retail sector. The impact of the COVID-19 pandemic has been broad and long-lasting, accelerating change in several areas. We look at how the market is expected to evolve over the next 12 months against the backdrop of a prolonged pandemic and the resetting of many business models. Source: IGD Research 1. Cr...
06 January 2021
Dunnes Stores (Bangor) Ltd, the Northern Irish subsidiary of Dunnes Holding Company has released its FY19 results. They reveal growth in sales, alongside a drop in profits. Sales +5.9% Sales grew 5.9% to £113.6m in the 12 months ending 28th December 2019, in Dunnes Northern Ireland stores. It also reported a foreign exchange loss of £1.4 million and a tax payment of £366,000, which resul...
06 January 2021
With the new wave of COVID-19 in Thailand, Central Food Retail is raising safety and hygiene standards by using UV-C disinfection robots in more stores. How does it work? The robots emit UV-C light to disinfect areas in 360 degrees to destroy more than 99.99% of all pathogens within seconds. In addition, the UV-C light is completely safe with no harmful side effects on the food products bei...
06 January 2021
On 31 December 2020, Carrefour closed the acquisition , from  Dairy Farm , of 224 supermarkets, as well as a warehouse, in Taiwan. Part of Carrefour’s targeted acquisitions policy Valued at US$108.37m, the deal includes 224 proximity stores: 199 Wellcome stores, average sales area of 420 sq. m 25 Jasons stores, average sales area of 820 sq. m as well as a warehouse. ...