Retail and consumer goods industry news

29 June 2020
Charoen Pokphand Foods (CPF) is launching a new supermarket concept to support its expansion. Larger footprint than CP Fresh Mart format Source: Euroswift The new CP Fresh will have 500 sq. m. of space, about five times the size of the original CP Fresh Mart format. It will provide a wider variety of products including chilled items, produce, seasoni...
26 June 2020
Aldi Suisse is the first retailer to implement the Nutri-Score system in Switzerland. From July 2020, it will test the Nutri-Score label on several of its private label products. Starting with food-to-go and ready meals The scoring system gives a mark to each product according to its nutritional value. The Nutri-Score ranks products from A to D, with A being the highest. It has been tested ...
26 June 2020
Tesco has reported a huge increase in sales for the 13 weeks ending 30th May 2020 as it responded impressively to the unprecedented challenges of the COVID-19 pandemic. Key figures Group sales: +8.0% (+7.9% LFL) UK sales: +9.1% (+8.7% LFL) inc. online +48.5% ROI sales: +19.7% (+20.5% LFL) inc. online +50.9% Booker: +6.1% (+0.6% LFL) inc. online +106.3% Central Europe exc. Pol...
26 June 2020
Data shared by Tesco in its Q1 performance update to 30 May provides the first public statement showing detail of the full impact of the pandemic emergency on the wholesaling channel, indicating the specific scale of the asymmetrical effects on retail versus foodservice business.  With total sales for the period boosted to 6.1% by the acquisition of Best Foods in March, Booker’s net like-for-like...
26 June 2020
We look at the German discounter’s most recent acquisitions and what it could mean for its future digital developments, including the idea of launching a marketplace. Acquisition of German marketplace real.de Schwarz Group, Lidl’s and Kaufland’s parent company, has acquired in June 2020 one of the largest marketplaces in Germany: real.de. The marketplace, which offers both grocery and non-g...
26 June 2020
We look at how McCormick expects to benefit from the shift to at-home consumption and home meal prep beyond the current phase of the COVID-19 pandemic.  Second quarter performance The company saw sales increase 7.6% in the second quarter, with operating income up 24%. The sales growth was mainly driven by consumers cooking more at home, with sales through its consumer segment up 26%, althou...
25 June 2020
Don Don Donki, also known as Donki, is opening its third store in Hong Kong. Largest Donki in the market The new Donki store will open on 7 July at 10am on Paterson Street, Causeway Bay (CWB) - the first on Hong Kong Island. It will be much larger than the first  Tsim Sha Tsui  (2,137 sq m / 23,000 sq ft) and second Tsuen Wan (2,415 sq m / 26,000 sq ft) branches, covering 4,459 sq m / 48,...
25 June 2020
Target is adding 750 grocery items to its store pickup services, Drive Up and Order Pickup. Available in 1,500 stores by the holiday season Target had initially announced plans to add grocery items to these services earlier this year. However, this programme was paused as the retailer responded to the COVID-19 pandemic and the unprecedented demand for its online services. Under this new pro...
25 June 2020
Between 1 st and 31 st August, customers that use self-checkout at Lawson Japan can earn reward points worth 2% of each purchase. Encouraging contact-free The initiative aims to encourage shoppers to self-checkout at Lawson stores. There has been growing customer demand for contact-free solutions following the outbreak of COVID-19. Aeon, for example, recently launched Regi Go checko...
25 June 2020
Whole Foods Market has opened its new store in Baltimore, having initially paused the launch to use the facility as a dark store to support demand for its online shopping service. Opening to the public The Baltimore store was one of three which the retailer held back on opening to the public earlier this year, along with locations in Austin and Castle Rock, Colorado. Along with existing sto...