Retail and consumer goods industry news

06 December 2019
Having redesigned the GreenWise format in 2018 to position it in a new, contemporary direction, Publix is expanding the new concept and has just opened the latest store in South Carolina. New shopping experience for the community The new store is located in Lexington, South Carolina and is the second to open in the state. As well as unique and local products, it will also act as a gathering...
06 December 2019
Metcash has released half year results for the period ending 31 October 2019, with group revenue including charge-through sales, up 0.5% to AU$7.21bn. Underlying EBIT declined 5.3% to AU$149.7m, mainly attributed to a lower contribution from the food business as a result of the loss of its contract with Drakes on 30 September in South Australia Food sales including charge through increased 1.2...
06 December 2019
Italy-based Selex has predicted a positive turnover of €11 bn for 2019. The retailer alliance also discussed how the market is unpredictable. Furthermore, the group has highlighted ambitious 2020 goals as its members look to continue their expansion plans.   Sales performance The Selex Group has announced its turnover is estimated to be €11 bn in 2019, an increase of 4.2% compared to 2018. ...
06 December 2019
Following in-store developments and the aim to adapt its private label products, we round up news from France-based Casino. New le drugstore parisien opens in Paris Casino has opened its latest le drugstore parisien in the shopping centre in Saint-Lazare station. The new 200 sq. m store, which makes it smaller than previous examples, has strongly evolved the brand’s concept and offer, while...
06 December 2019
South Korean drugstore operator Olive Young is partnering Dairy Farm to expand in Southeast Asia. The two businesses had a joint venture running from 2002 to 2008. Launching in Singapore, Indonesia and other markets Dairy Farm will distribute Olive Young products through its health and beauty stores. Olive Young will first launch in Singapore, with around 110 of its products sold at about 5...
06 December 2019
Ocado has launched a £500m bond for expansion into global markets. Funding construction of robotic warehouses According to Ocado, the proceeds of the issue of the bonds will be used to fund new robotic warehouses and international expansion. Bondholders will receive between 0.75% and 1.25% interest per year, and are set to be repaid in full in 2025. International partnerships Ocado al...
06 December 2019
The Mall Group, which operates Gourmet Market in Thailand, is spending more than THB1bn (US$32.9m) to expand its business in Bangkok and the suburban areas. Stand-alone premium supermarkets focus The retailer will invest THB350-500m (US$11.5m - US$16.5m) annually to build new Gourmet Markets outside the Mall complexes. Another THB200m (US$6.6m) will be spent on upgrading two Home Fresh Mart...
05 December 2019
Longo's has partnered with Amsterdam Brewery to integrate a brewery into its new store in Liberty Village, Toronto. It offers customers a sip-and-shop experience whereby they can enjoy a beer or glass of wine whilst they shop. Source: Longo's Brothers Fruit Markets Inc Collaborating to meet changing retail needs Source: Longo's Brothers Fruit Markets Inc Source: Longo's...
05 December 2019
Asda has opened its first bulk-buy trial outlet adjacent to its Patchway, Bristol superstore.  Using the The Deal Depot banner, this new format represents a distinct concept from the core Asda operation, with separate branding and differentiated ranging.  We popped in on its first day of trading to get a feel for this new value proposition and to grab a couple of bargains! Source: IGD Resea...
05 December 2019
Sainsbury's has confirmed that Rhian Bartlett has now returned to the business as Director of Fresh Food. She will report to Commercial Director, Paul Mills-Hicks and replaces Adrian Cook who left the business at the end of July. A return to Sainsbury's Bartlett is an experienced retailer with over 20 years in the industry and re-joins Sainsbury’s from Screwfix, where she worked for two yea...