Retail and consumer goods industry news

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...

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...

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...

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...

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 ...

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...

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...

Which announces Aldi was the cheapest supermarket in 2022 Aldi was found to be the least expensive grocer for the seventh month in a row. Its basket cost £81.63, closely followed by Lidl at £83.24. Tesco came in third cheapest, ahead of Asda, Sainsbury’s and Morrisons, who all sat between £90 and £100. At the top end was Ocado at £102.87 and Waitrose at £112.62. Record Christmas results ...

Co-op, the UK’s largest consumer co-operative has announced the appointment of Kenyatte Nelson to its operating board, with responsibility for the society’s marketing, brand and membership strategies; reporting directly into Group Chief Executive Shirine Khoury-Haq. His role will include supporting Co-op’s presence at UK music festivals and also the naming rights partnership with Co-op Live – ant...

Our 2022 food-to-go forecasts showed that the food-to-go market would recover faster than anticipated but growth would slow in 2023 due to the continued cost of living challenges, which will significantly impact consumers’ food-to-go buying habits, and put further pressure on operators, retailers and suppliers. We predict that these are the five key trends shaping the food-to-go market...