Retail and consumer goods industry news

16 November 2021
Variety discounter B&M’s half year results for the 26 weeks to 25 September show a decline in performance from its Q1 sales. Key numbers: Group revenue £2,268m +1.2% year-on-year (+26.8% vs 2019 pre pandemic figures) Group adjusted EBITDA of £282.2m, representing growth of +86.4% vs H1 FY20 B&M UK revenue £1,909m +1.3% (+31.1% vs 2019) 14 gross new store openings (9 ...
15 November 2021
The GIANT Company, a subsidiary of Ahold Delhaize USA, has opened a new store in Philadelphia. We spotlight some of the key features. Making Philly a priority The 67,000 sq ft store is the latest to open in Philadelphia, with the retailer having made it a priority to open more stores and gain share in the city. Over the last few years, it has grown its network, including opening new smaller...
15 November 2021
US-based Albertsons is launching a new digital media business. This comes almost four years after the launch of a similar programme. Reaching 100m shoppers The new retail media network, Albertsons Media Collective, has been developed to enable its CPG suppliers to deliver “digitally native, shopper-centric and engaging branded content “ to its 100m shoppers across the US, including 27m memb...
15 November 2021
Valora has a multiformat strategy with eleven trading banners and more than 2,600 stores in Switzerland, Germany, Austria, Luxembourg and the Netherlands. We highlight the retailer’s latest innovations for inspiration. Sales is recovering in-line with easing of restrictions and mobility… Valora expects to return to pre-pandemic profitability within the next six months. Source: IGD R...
15 November 2021
Vietnamese food-to-go specialist Hop has transformed its Broadgate store to be fully-digital, following the post-pandemic trends of format diversity and unified commerce to serve customers with new routines and habits.   Pre-pandemic, Hop operated five outlets in London but decided to focus all the attention on digitalizing their Broadgate site during the pandemic. Now, there are two sites –...
15 November 2021
Co-op and Unilever have teamed up to launch two refill packaging store trials in order to further understand consumer behaviours in relation to refillable and reusable packaging in a convenience environment. Unilever’s first initiative in a convenience store The pilot is set to test a couple of refill models: ‘Refill on the go’ and ‘Return on the go’. Some of Unilever’s best-known brands wi...
15 November 2021
We bring you the latest news from Rewe Group in Germany. Supermarket train Rewe is testing a supermarket train, comprising of three carriages filled with 3,000 of its products. It is visiting the stations of Frankfurt, Fulda, Gießen, Kassel, Darmstadt and Wiesbaden, stopping for two days at each station. The project is a collaboration between Rewe, Deutsche Bahn and Fairtrade and is a uniqu...
15 November 2021
Carrefour plans to become net zero by 2040, while Lidl Switzerland said it had reduced its carbon footprint by 11%. Furthermore, we look at retailers adopting the environmental labelling system, Planet-Score. Finally, Metro completed phase one of its food waste prevention initiative, with over 30 suppliers committing to the project. Carrefour sets carbon neutrality target Carrefour plans to...
15 November 2021
Dairy Farm International has recently announced its results for the third quarter of the year, where its performance continues to be significantly affected by COVID-19. Its year-to-date results are still below the same period in 2020, when it has benefitted from panic buying and government support at the height of the pandemic. Shopper behaviour normalises, making it difficult to match sales su...
12 November 2021
The 11-day sale has wrapped up, with both Alibaba and JD.com setting new records for the annual shopping festival. Final results (24:00 Beijing time, 11 November) Alibaba: CNY540.3 bn (US$84.5 bn) in gross merchandise volume, an increase of 8.5% YoY (year-on-year). The slow growth is partially due to last year's high base JD.com: a total transaction volume of CNY349.1 bn (US$54.7 bn)...