Retail and consumer goods industry news

11 June 2021
Australia’s market leading retailer continues to make progress against its strategic priorities, we round up some of the biggest developments over the last few weeks. PFD Food Services acquisition approved Woolworths has finally been given permission to acquire Australia’s second largest foodservice supplier, PFD Food Services. The retailer originally announced its intent to buy a 65% stak...
11 June 2021
Tesco has begun to wind down its international wholesale business and plans to close it down completely by mid next year according to reports in Retail Week. An end to own brand exports Although the business is understood to have performed well during 2020, Tesco has apparently decided taken the decision after a “thorough consideration of its scale and growth potential”. The division export...
11 June 2021
Asda has revealed sales grew strongly in the first quarter of 2021 and made public further details about 2020 trading in newly filed annual accounts. Key numbers from Q1 LFL sales +7.3% (ex fuel), boosted by the impact of the UK’s third national national lockdown. This is a build from the 5.1% growth achieved in Q4 Food LFL sales +3.9%, as customers continued to stock up on core g...
10 June 2021
Although the net sales decline of 11% was in line with company expectations, Campbell’s faced increased margin pressure in the third quarter. We review how it plans to manage the impact of higher costs. Sticky consumer behaviours As the company cycled against the surge in demand at the start of the pandemic last year, it saw a significant impact on sales in Q3. However, 75% of its portfolio...
10 June 2021
Convenience retailer Circle K has introduced 100 autonomous mobile robots (AMRs) in its 140,000 square foot distribution centre in Hong Kong. AMRs provided by Geek+ Geek+ is a technology company specialised in advanced robotics and AI technologies, and provides robotics solutions for warehouses and supply chain management. The AMRs will be used to move racks of goods to human employees p...
10 June 2021
As Edeka increases its stake in Picnic, sells off its Bringmeister delivery service and launches a new private label range, we round up news from the retailer. Edeka increases its stake in Picnic… Edeka has increased its stake in Picnic, without releasing details about how much of the latter business it now owns. Before this increase Edeka owned a 10% stake in Picnic and a 35% share of its ...
09 June 2021
As Auchan Poland launches the Drive format in the country, adds Decathlon’s products in a further country and expands its B2B service in Russia, we round up news from the retailer. Auchan launches Drive format in Poland… Auchan Retail Poland has launched the Auchan Drive service in the country at the Auchan Poznan Komorniki store. Shoppers, from the beginning of June, have been able to orde...
09 June 2021
As Ahold Delhaize US’s subsidiary The Giant Company takes the Flashfood app chainwide, we look at this development and others as the company looks to embed sustainable initiatives across its banners in the country. The Giant company to expand coverage of Flashfood app The Giant Company, which includes all Giant and Martin’s stores, is to roll out the Flashfood app to all its stores after a ...
09 June 2021
With the retailer adding a new pharmacy benefit to Walmart+, we look at what this could mean for the membership programme’s progress. Suite of benefits Walmart+ launched last September offering range of benefits. For an annual fee of $98 a year, or $12.95 per month, members have access to unlimited free delivery from stores across fresh groceries, household essentials, tech and toys and, fr...
09 June 2021
M&S continues its store renewal programme by extending the 'fill your own' trial to eight more stores. Expanding the refillable grocery range The refillable grocery concept will now be available in 11 stores across the UK, with the latest being introduced in Aintree and Meadowhall. 'Fill Your Own' currently offers over 60 lines of refillable groceries. The retailer is planning on expandi...