Retail and consumer goods industry news

After a strong performance in the third quarter, the retailer has raised its outlook for sales and profit growth for the full year. With momentum heading into the key trading period, what can we expect to see from Walmart? Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 4.3% to $140.5bn, representing an additional $8.8bn in sales Sales in its US stores increased by...

Morrisons has announced plans to open its own recycling plant to process soft plastics as it steps up its drive on sustainability. The retailer says the move will make it the first supermarket to own its own recycling facilities. Focus on soft plastics The new facility, co-owned and being constructed by recycling plant specialists Yes Recycling in Fife, will help Morrisons deliver against i...

London is a popular destination for our food-to-go safaris due to the world class innovation we see. To find out more about our safaris, contact us here .  Recently, we have been back out into London to see some of the newest food-to-go concepts that have evolved over the pandemic. Here is our pick of the top five stores right now: 1.    Atis, Belgravia Healthy salad bowl concept Atis...

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 ...

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...

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...

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...

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 –...

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...

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...