Retail and consumer goods industry news

28 June 2021
With the key summer trading months underway, we look at how Canadian retailers are gearing up for a summer of fun, grilling and sport. Theme creates relevance With retailers and suppliers facing tough comparables over the summer months due to the elevated at-home demand last summer, they are focused on driving sales through getting behind key events, including the Olympics and Canada Day. T...
28 June 2021
The coffee shop market has seen significant changes over the past year, with specialists severely impacted by lockdowns and site closures.  In 2020, 59.5% of sales were lost and coffee specialists’ share of the food-to-go market decreased by 5.1%. However, recovery has begun and by 2022 the market is set to grow to £2.8bn – a 115% increase from 2020, although this will still be 15% less than in ...
25 June 2021
Pan-European variety discounter, Pepco has reported first half sales up 9% to €1,995m in the period to 31 March 2021. As well as operating the Poundland brand in the UK, the business operates the PEPCO and Dealz retail chains in continental Europe and Ireland. Boosted by 402 net new stores Ending the half with 3,246 stores in total, Pepco’s store portfolio has grown by 14.1% since March 202...
25 June 2021
Fast-growing discounter, Lidl has announced that it now has 860 stores across the island of Great Britain, indicating that it is well on target to hit its goal of 1,000 stores in the market by the end of 2023. Investing £1.3 bn in development over 2021 and 2022 Despite the additional hurdles posed by the restrictions of the pandemic lockdown over much of the first half of 2021, Lidl will co...
24 June 2021
Lotus’s launches its first “Lotus Smart City Supermarket” concept in The Market Bangkok mall. Right in the middle of the city The store is located in a trendy mall near the Ratchaprasong intersection. It is within walking distance of Big C Ratchdamri and Central Food Hall Central World. This is a popular tourist destination with many retail businesses where even locals will go for shopping ...
24 June 2021
Emart24 opens its first Malaysian store in Bangsar South. The location is well placed to meet the needs of young professionals working in the area.  Source: Emart24 Spacious and stylish interior Emart24 has a wide variety of products ranging from fresh Korean street food, snacks, lifestyle items, and cosmetics. It has promoted itself as being trendy, stylish and innovative, with ...
24 June 2021
Aldi Portugal has recently opened its first proximity store format in the centre of Lisbon. We look at this new concept and share our views on why we will see more urban discount store developments going forward and what it means for suppliers Aldi opens its first proximity store in Portugal Aldi Portugal is the latest discounter to open a smaller store format in the centre of a major Europ...
24 June 2021
As Sobeys lapped last year’s strong fourth quarter performance, sales and profitability declined. However, it delivered a strong two-year stacked performance and remains on-track with its growth initiatives, including the acceleration of its ecommerce business. Q4 and FY key numbers Q4 sales declined 1.3% to $6.9bn, with same-store sales down 6.1% Q4 two-year stacked same store-sales ...
23 June 2021
Spain-based buying alliance Grupo IFA, which includes members in its home market, Portugal, and Italy, has announced its consolidated turnover reached €32.2 bn in 2020, a rise of 21.8% on 2019’s figure. Strong growth seen across southern Europe markets Grupo IFA’s members in Spain, in conjunction with Portugal-based Sonae MC and Italy’s Gruppo VéGé together operated a total retail sales are...
23 June 2021
Explore how Spanish retailers, including Consum, Unide, SPAR and Lidl, have performed in 2020, during the global pandemic. Consum’s sales grew 13.3% in 2020 Consum ended 2020 with total sales reaching €3,324.9m, an increase of 13.3% on 2019. The cooperative said its online store is not yet profitable, but by the end of the year accounted for 1.5% of its total turnover. Juan Luis Durich, ...