Retail and consumer goods industry news

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 ...
12 April 2021
We assess four ways in which Coles has stepped up its investment in offering its shoppers enhanced value in recent weeks, why this activity will continue and what we can expect from Woolworths and other retailers in the coming months. 1. Bringing back 'Down Down' The retailers Down Down everyday low prices campiagn was a key part of the retailer's recovery under Ian McLeod's leadership and ...
12 April 2021
Japanese supermarket chain Daiei will launch an unmanned store in Tokyo, in collaboration with Chinese startup Cloudpick.  In addition, Rakuten and Seiyu are now also using robots to deliver supermarket purchases in Yokosuka City, Japan. Cost to implement Daiei’s store is 50% cheaper than similarly sized unmanned stores Daiei, an affiliate of AEON, will open this unmanned supermarket in Tok...
09 April 2021
Conagra Brands delivered a strong third quarter performance with net sales up 8.5% to $2.8bn and net income up 37.8% to $281.4m. Although the outlook for COVID-19 is improving in many regions, including enhanced mobility, the company expects demand for food-at-home to remain elevated, underpinning future growth. Four years’ worth of incremental new buyers Given the unprecedented trialling o...
08 April 2021
Tesco has identified five areas where it believes it can make the most difference: cutting waste, reducing emissions from energy and transport, sustainable food production, net zero climate ambition and sustainable diets. Tesco claims ‘Food production is linked to 70% of biodiversity loss on land, and globally, emissions from food waste are higher than from any country on earth, except for US...
08 April 2021
On-demand grocery shopping platform Everli, based in Milan, has raised $100m in a Series C funding round. International growth plans Everli was founded in 2014 and has been named as the European Instacart due to similarities in its business model. It is an online marketplace where users can order products from various retailers for same-day delivery. The orders are picked in store and deliv...
08 April 2021
Watsons Hong Kong has launched a citywide plastic container recycling programme called ‘Plastic Reborn,’ in collaboration with Procter and Gamble. Watsons’ store network across Hong Kong serve as collection points Together with P&G, Watsons now uses its network of 230 stores across the city as collection points for empty plastic containers.  Hong Kong-based service The Loops will send these u...
08 April 2021
The Co-op has announced its full year results for the 51 weeks to 2 January 2021, along with an announcement on its decision to repay relief it received through the UK government’s furlough scheme. Highlights Group revenue £11.5bn (2019: £10.9bn), +5.5% vs 2019 £84m of additional Covid costs during the year (£82m supported by Government economic measures), below the £97m forecast in J...
08 April 2021
Masan Group renames VinMart, one year after acquiring the multi-format chain of grocery stores from Vingroup. Restructuring will take place before rebranding Vietnam's conglomerate Vingroup sold its retail subsidiary VinCommerce, which operates VinMart, VinMart+ and agriculture arm VinEco to Masan Group in a merger deal in December 2019. The CrownX, the retail subsidiary of Masan Group, is ...
08 April 2021
As Carrefour, Casino and Aldi Nord all announce new agreements or expansions of existing ones with different delivery partners in the region, we round up the developments from the retailers. Carrefour launches express delivery in France with Deliveroo Carrefour and Deliveroo have expanded their on-demand grocery delivery partnership to France. According to Carrefour, the less than 30-minute...