Retail and consumer goods industry news

09 November 2022
We round-up the latest Christmas adverts from the UK’s grocery retailers. The common theme for 2022 sees the adverts focus on how retailers are looking to help people spread festive cheer in the face of the cost-of-living crisis. Tesco: budget-friendly Christmas Tesco’s Christmas campaign acknowledges the cost-of-living crisis as it spotlights its budget-friendly range and value-led prom...
08 November 2022
The latest release from the British Retail Consortium Retail Sales Monitor (BRC-RSM) shows that UK retail sales grew by just 1.6% in October. Within this total, inflation-driven food and drink upsides were offset by notably restrained sales in non-food as shoppers steered away from bigger ticket purchases; delaying planned spend until the upcoming sales events in the second half of November. F...
08 November 2022
Emart has opened its second hypermarket in Vietnam, seven years after its first store in 2015. A turning point Emart Vietnam was acquired by Thiso International Commerce and Services Corporation (Thiso) last year after the South Korean chain had challenges with its expansion ambitions in Vietnam.  Speaking at the Customer Conference with more than 500 suppliers and partners of Emart Vietna...
04 November 2022
Finland's Kesko has reported an increase in demand for its private label products, as shoppers seek cost savings and high-quality alternatives. Source: Kesko Price conscious shoppers boost private label demand In its most recent K-Barometer survey, 62% of Kesko’s shoppers said they would buy more of the store’s own brand products. This has also been reflected in the sales data, with sal...
04 November 2022
Retail technology provider Ocado entered into an exclusive partnership with Lotte Shopping, the ecommerce arm of conglomerate Lotte Group. The partnership is aimed at boosting Lotte’s online grocery presence in Korea. Integrated platform for online shopping As part of the collaboration, Lotte plans to build six Customer Fulfilment Centres (CFCs) by 2025. These centres will use the Ocado Sma...
03 November 2022
Iceland is increasing its value-led marketing in-store and online to attract shoppers’ during the cost-of-living crisis. We round up some of the retailer’s recent campaigns. 1. Highlighting its three for £10 offer Iceland launched its three for £10 promotion this summer. The promotion is across 200 products, allowing shoppers to save up to £5 with every purchase. Source: IGD Rese...
03 November 2022
OXXO, a Mexican convenience store chain (owned by FEMSA), recently announced it will open two new stores every three days until the end of the year. As of September 30, 2022, OXXO operated 20,899 stores across Latin America, and in November last year, it announced its 10-year plan to open 10,000 stores. Following a successful acquisition of Valora Group (more below), we will soon start to see ...
03 November 2022
Rewe continues to work towards its sustainability goals. We look at recent initiatives in Germany to achieve its targets. Direct flyer distribution via WhatsApp To achieve its target of removing the use of paper-based flyers in 2023, Rewe has introduced digital flyers sent via WhatsApp. Shoppers sign up to their local store and every Sunday the brochure will arrive, displaying latest offers...
03 November 2022
One of Marks & Spencer’s strategic priorities is to provide trusted value for shoppers. The retailer has recently invested £200m into value across food, clothing and home and continues to grow its value ‘Remarksable’ range. To prove to its customers its commitment to supporting them with rising living costs, M&S Food is extending its price lock through to the new year. Price lock extended on...
03 November 2022
Sainsbury’s has published its half-year results, noting grocery sales were up 0.2% in H1, with an acceleration to 3.8% in the second quarter as lockdown comparatives eased, market price inflation accelerated and shoppers responded to warm weather. Broad based improvement in Q2, following challenging Q1 General merchandise sales were down 6.1% in H1, but up 1.2% in Q2, driven by improved ava...