Retail and consumer goods industry news

12 January 2023
Aldi UK has announced it is closing its online operations in the UK. Wines and spirits will no longer be able to be purchased from the end of January and Specialbuys will no longer be available by autumn. Its click-and-collect service will however remain, in over 200 stores. What does the future hold for Aldi and online?  Aldi has said it wants to focus on low prices and estate expansion, r...
12 January 2023
Against the backdrop of inflation and rising cost of living, we have reforecast our growth expectations for global, regional and country channels to 2027. Our major region reports provide regional specific insight and data for 42 global markets, the most we have ever modelled. Global channel forecasts 2022 – 2027 This is the global view of our channel forecasts to 2027, combining...
12 January 2023
M&S has posted its Q3 trading update, stating that UK food like-for-like sales were up by 6.3%, while clothing and home LFLs progressed by 8.6%, the total UK LFL amounting to +7.2%. Food doing well Food sales increased 10.2% with LFL sales up 6.3%, building on a strong Christmas performance reported in 2021. M&S said it outperformed the market in both value and volume as it invested in qual...
12 January 2023
Tesco has published its Q3 and Christmas trading update, noting that Q3 like-for-like sales were up 5.7% and were ahead by 7.9% in the Christmas trading period. LFLs were up by 4.3% in the UK, 5.3% in Ireland, 9.3% for Booker and 12.3% in Central Europe. UK trading well Key trading highlights in the UK included: Tesco offered its “ most competitive offering to date, delivering further...
12 January 2023
Thailand multi-format retailer CP Group has opened a new premium hypermarket called Lotus's Prive. This is in line with our global retail forecasts 2023, where we expect that retailers will bring back the magic of stores. Read the full report for the other trends  here . New store, new look The new design reflects a premium hypermarket to feature the unique elements of the store with a focu...
11 January 2023
Digital signage is becoming more prevalent in retail stores. We consider how this will continue evolving as an increasing number of touchpoints and marketing opportunities emerge, especially centred around retailers’ media programmes. Multiple digital touchpoints As retailers invest in creating more convenient experiences, a variety of digital touchpoints are being utilised in physical stor...
11 January 2023
We review Albertsons third quarter performance as the retailer continues to progress its planned merger with Kroger. Identical sales growth driven by inflation Albertsons announced its net sales and other revenue increased 9% year-on-year (YoY) to $18.2 bn. The sales increase was driven by the retailer’s 7.9% increase in identical sales and higher fuel sales. Retail price inflation was stat...
11 January 2023
January heralds a fresh start on healthier living, with one in five of us aiming to make New Year’s resolutions in 2023, according to YouGov. Improving our diets, losing weight and exercising are amongst the most common goals. Short but valuable window of opportunity This is a valuable window of opportunity for retailers and brands to encourage and support consumer behaviour changes. The ...
11 January 2023
Greggs annual results for 2022 show a robust end to a challenging year.  The impressive +30% vs 2019 upside was driven by additional sites (147 in total) alongside volume and value growth. Their strategy to continue to provide value-for-money across all dayparts for the consumer means they are well positioned to tackle the headwinds that 2023 will bring. Strong recovery from pandemic chall...
11 January 2023
Sainsbury’s has posted its Q3 trading update, noting that Christmas and Q3 grocery volume performance was “ahead of the market for the third consecutive year”, driven by investment in value, innovation, service and availability. General merchandise growth was stronger than expected, reflecting market share gains as shoppers used the Argos click & collect service amidst disruptions to Royal Mail d...