Retail and consumer goods industry news

05 December 2022
In an effort to drive usage, Asda has announced a new ‘refill price promise’ that guarantees each refill product will be cheaper than packaged alternatives as part of its new refill proposition. Asda has partnered with WRAP and Unilever, with funding from Innovate UK, to find out customer barriers to participation, so it could look at ways it can increase participation. Clear pricing was the t...
02 December 2022
Find out how retailers in Spain have been responding to customer needs. Dia extends its private label to help shoppers save money So far this year, Dia has launched more than 500 new private label products taking the total to 2,700 products in its range. In Spain, this is playing an important role in helping shoppers to save money, with Dia estimating that households choosing its private la...
02 December 2022
South Korean ecommerce giant Coupang turned a profit for the first time, which is notable in the ultra-competitive and cost-heavy ecommerce industry. It did so through providing shoppers with a superior product range and service, and incorporating technology to improve cost efficiency. Profitability for the first time Coupang announced a 10% revenue increase to US$5.1 bn in the quarter endi...
02 December 2022
Aldi Nord looks to accelerate growth with ambitions plans in Europe. 1,000 stores in Poland by 2032 Over the next five years, Aldi Nord is looking to expand its estate in Poland by 600 stores, according to European Supermarket Magazine. The discounter currently has around 230 stores and has been slowly expanding, opening tens of stores over the past couple of years. Aldi is looking to se...
02 December 2022
Following a strong third quarter performance, USA-based Kroger has lifted its outlook for the full year. We look at what’s underpinning its confidence. Q3 key numbers Total sales increased 7.3% to $34,198m Identical sales (ex-fuel) increased 6.9% Digital sales increased 10% Operating profit fell 3.1% to $841m Bringing its experience to bear These results highlight how gr...
01 December 2022
Ocado Retail is rolling out a new shopper insights platform for suppliers called Beet Insight. Opportunities for suppliers Beet Insight, will provide suppliers with information on key shopper and ecommerce trends.  According to Ocado it will provide “the deepest and broadest customer shopping insights available in the UK”.  Suppliers using this data will have access to the same insights as ...
01 December 2022
Waitrose is expanding its partnership with the bakery chain Gail’s, by trialling a new Gail’s fixture in three of its stores.  Whilst Gail’s bread is available in many Waitrose stores across the UK, the range is limited.  The three trial stores are in Berkhamsted, Bloomsbury and Richmond. Providing differentiation for Waitrose As well as increasing the range, Waitrose will be highlighting t...
01 December 2022
Having expanded to a growing number of towns and suburbs in Cambridgeshire, Buckinghamshire and Northamptonshire the Starship/Co-op robot delivery service is now to be launched as a trial in two areas of Leeds, West Yorkshire; bringing the autonomous delivery experience to the north of England for the first time. To operate from the Co-op stores in Adel and Tinshill Using the Co-op’s A...
30 November 2022
More than 3,500 Tesco suppliers can now potentially cut production costs and reduce waste by selling or donating surplus stock or products to other suppliers who can make use of them. Tesco Exchange is a new online marketplace that matches suppliers who have a surplus of crops, by-products, ingredients or packaging with other Tesco suppliers that can use it. It is expected that savings in prod...
30 November 2022
As the current inflation crisis shrinks disposable income, Japanese dollar store Daiso looks to capture sales from a growing pool of value shoppers in the US. Dollar store for household products Daiso is a Japanese dollar store known for its wide range of household products, while also selling food items like snacks. It has more than 80 stores in the US to date. Daiso expects its quality pr...