Retail and consumer goods industry news

09 November 2021
JD Logistics, the retailer’s logistics arm, plans to invest CNY1 bn (US$160m) in its green supply chain project and deploy thousands of autonomous delivery vehicles over the next two to three years. Increase carbon efficiency by 35% in five years During the sixth Global Smart Supply Chain summit held in October, JD Logistics unveiled its Level-4 Version 5.0 autonomous delivery vehicle. The ...
09 November 2021
The latest release from the British Retail Consortium Retail Sales Monitor (BRC-RSM) shows that UK retail sales grew by 1.3% in October, a slight acceleration on September. However, performance varied notably between the retailing sectors, with many seeing a decline year-on-year. Nevertheless, upsides in areas like apparel and health & beauty and above all clothing (where incremental sales were g...
09 November 2021
CEO David Potts has emphasised continuity and preserving Morrisons strengths in retailing and food manufacturing following its £7bn takeover by private equity giant CD&R. CD&R will be “good custodians” In an interview with the Yorkshire Post, Potts said that CD&R were fully committed to Morrisons and that the business had a strong franchise for consumers and an important job to do for Brita...
09 November 2021
Labour shortages impacting availability – shopper research 05-07 November 2021 Availability issues Operational labour and HGV driver shortages has become severe enough to disrupt food supply chains. Food and consumer good businesses have been hit hard by recruitment and retention challenges in 2020 and 2021. This is resulting in lower order fulfilment levels than normal, meaning there is an...
09 November 2021
Irish retailer Musgrave has released its 2020 financial results, for the 52 weeks to 31 December. Performance of the retailer’s banners was mixed, with the pandemic impacting areas of the business differently. However, overall, Musgrave performed well with group sales increasing by 14% to €4.5 bn, while retail sales reached €6.1 bn. Musgrave also grew its profit before tax 11% to €98m. Mixe...
09 November 2021
As part of its Digital Day, Carrefour has said it is aiming ‘ to be a global leader in Digital Retail ’. The new digital strategy builds on the retailer’s 2018 aims, which have created a strong foundation on which to build. The retailer said the aim to be a global leader would be ‘ built on a ‘data-centric, digital-first’ approach ’. Targeting tripling of ecommerce GMV to €10 bn by 2026 Car...
08 November 2021
Walmart has taken its driverless pilot with Gatik to the next level by removing safety drivers from its vehicles. Could this solve the profit challenge of grocery ecommerce? Innovating with the middle-mile Walmart first worked with autonomous vehicle company, Gatik, in 2019 in Bentonville, Arkansas. The retailer has been using Gatik’s ‘Autonomous Box Trucks’ to move customer orders on a two...
08 November 2021
In recent years, Asian retailers have been stepping up their sustainability efforts. Many retailers have initiated programmes to protect the environment and support local charities. We highlight five retailers in Asia which driving sustainability in Asia in this report , covering the strategy and case studies for: A.S.Watsons AEON Central Retail CP Group FairPrice Group ...
07 November 2021
We take a look at Sobeys’ new modular supermarket format, which has flexibility built into its DNA. Format weaknesses exposed by pandemic The store in Orangeville, Ontario has been developed in partnership with Interstore | Schweitzer, based on its Flexstore concept. The remodelled store saw every department relocated to a new location. However, due to the flexibility offered by the concept...
05 November 2021
As several of Ahold Delhaize US’s banners invest to improve their services and offers for shoppers, we round up news from the retailer. Food Lion has invested US$127m in store upgrades Ahold Delhaize’s Food Lion banner has invested US$127m in the remodelling of 87 stores across six states: Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia. Food Lion said the updated...