Retail and consumer goods industry news

14 February 2023
Last Friday, café, bar and restaurant operator Loungers opened the first location under their new brand, Brightside, on the M5, near Exeter. First announced in November 2022, the Brightside concept has set out to “reinvigorate roadside dining in the UK” with its nostalgic feel, welcoming atmosphere and all-day dining. Historically being very high-street focused with its Lounge and Cosy Club si...
14 February 2023
Retail sales for the first half were AUD5.4bn (US$3.8bn), down 3.7% on H1 F22, as the retailer is cycling elevated sales from the pandemic. Improving momentum through Christmas Endeavour Group operates Australia’s largest alcohol retail network, across Dan Murphy’s and BWS. The retailer delivered the biggest Christmas week on record at Dan Murphy’s, supported by a positive mix shift as tren...
13 February 2023
Co-op wholesale subsidiary, Nisa has announced a £6m investment into lowering the cost of more than a thousand branded products for its retailers. Using market data to identify key lines, Nisa has targeted these reductions to the most important ambient categories for symbol and independent retailers: beers, wines, spirits, soft drinks and tobacco. Focus on branded lines to match previous reduc...
13 February 2023
As we launch our Global discount trends for 2023, we look at recent developments from retailers in the channel. Global discount trends 2023 In the first of our channel trend reports for 2023 , we look at five trends that will shape the discount channel globally in 2023. We have used our extensive global research to shape the trends, and present examples from retailers leading the way....
13 February 2023
M&S has unveiled a trial premium tier of its Sparks loyalty programme. The Sparks Plus scheme will see shoppers pay an upfront fee of £120 per year in exchange for benefits said to be worth in excess of £200, including a monthly £10 voucher, unlimited next-day delivery and a free monthly hot drink from M&S cafes. Members will also receive a ‘special gift’, invites to in-store events, double chari...
13 February 2023
Home improvement retailer B&Q has revealed that it will close its eight concessions in Asda superstores. The two retailers began working together two years ago with small B&Q outlets opening in Asda stores, however, after a review, eight B&Q outlets in Asda will close and 57 staff will be redeployed to other stores. B&Q strategy director Chris Bargate said the closures will lead to an expansion o...
09 February 2023
Providing a fast and efficient checkout experience remains high on the agenda for retailers. We highlight some of the latest initiatives from the US, covering smart carts, scan and go and autonomous concepts. What do these programmes mean? Retailers are determined to provide a frictionless checkout experience Strong culture of innovation and piloting creates opportunities for startups...
09 February 2023
In 2022, Ahold Delhaize appointed its first chief sustainability officer, Jan Ernst de Groot. The retailer announced it would move its timeline of reaching net-zero carbon emissions across its operations to 2040, 10 years earlier than planned. De Groot called out Albert Heijn as a frontrunner in inspiring change among other brands within the Ahold Delhaize group. Albert Heijn announced it amen...
09 February 2023
German retailer Edeka has launched a new E 24/7 convenience store, a fully autonomous store in the city of Offenburg. Robotic assisted shopping Its new E 24/7 store provides shoppers with a selection of around 500 SKUs that are available 24-hours a day. The store is however different to most autonomous stores in the market as shoppers do not select goods from the shelves. Items are order...
09 February 2023
Metro Group has recorded a strong Q1 2022/23, seeing sales increase in local currency by 5.2% in the period. We also look at some of its recent developments to continue growth into Q2. Year-on-year growth across markets Recording total sales of €8.1 billion for Q1 2022/23, an increase of 6.6% YoY, Metro Group had good sales performance in all markets, except for Russia: Germany – sale...