Retail and consumer goods industry news

28 November 2019
As Majid Al Futtaim adds hydroponic farms, LuLu opens new stores and AliExpress adds new services, we round up news from the region. Carrefour opens hydroponic farm in Abu Dhabi Majid Al Futtaim (MAF) owned Carrefour has opened two hydroponic farms at stores in My City Centre Masdar and Yas Mall. MAF said the hydroponic farms enable shoppers to buy from a select range of herbs and microgree...
28 November 2019
Marks & Spencer has revealed that its evolving 'hot hold' food-to-go offer, including UK favourites such as sausage rolls and rotisserie chicken, is to be extended to 100 stores in the near term; expanding its food-to-go capability in day-parts such as breakfast and in winter time, when cold options have less appeal.  M&S Clapham Source: IGD Research Key opportunity in franchise par...
28 November 2019
This week Japanese casual dining chain Wagamama entered the world of food-to-go with the opening Mamago in Fenchurch Street, London.  We visited the store to see how the cuisine, service and brand values that have made Wagamama such a success have translated into a site targeting the on-the-go consumer. Design: building on the strengths of a recognised and trusted brand   Source: IG...
27 November 2019
Parfetts the major North-West England-based wholesaler has announced the appointment of Martin Race, the former Managing Director of Bestway, as its Chairman to succeed Graham Nuttall.  With extensive experience from his long career in the UK B2B sector, Martin Race will bring a highly relevant 'wise-head' to the oversight of Parfetts' executive, as the business continues to evolve away from its ...
27 November 2019
7-Eleven has decided to not renew its supply contract with Metcash when it runs out in in August 2020. Second major contract loss this financial year Metcash's annual sales from the contract with 7-Eleven amount to approximately AU$800m, mainly in lower margin categories such as tobacco. This latest development follows on from Metcash losing its contract to supply Drakes Supermarkets in So...
27 November 2019
Alimentation Couche-Tard has submitted a AU$8.6bn (US$5.8bn) bid to purchase Caltex Australia. Caltex battling profit downturn The Alimentation Couche-Tard offer is subject to board approval and follows another offer that was made in early October and rejected. Caltex has been repurposing its business in Australia due to a significant downturn in profit margins and already plans to look to ...
27 November 2019
Countdown is set to open New Zealand's first darkstore in Auckland in April 2020. Increased capacity for Auckland shoppers The retailer will open its first online dedicated fulfillment centre in response to growing demand for the service. Countdown has been rapidly growing its online sales in recent years, announcing that it now accounts for 7.7% of sales in recent results. The facility wil...
26 November 2019
Carrefour has announced it is looking to deepen its partnership with Fnac Darty, which could lead the latter to establish around 30 Darty standalone stores in its hypermarkets in France under exclusive operating agreements. The companies said the deal would require prior approval by the Competition Authority. Repurposing space key to 2022 Transformation Plan Carrefour made reallocating more...
26 November 2019
One of the pioneers of the London healthy food-to-go revolution, Tossed has announced that it is seeking to file for a company voluntary agreement (CVA) in order to rebase its finances and secure the future of the brand. While sales continue to grow, profitability remains elusive, with the high cost of city-centre rents a major challenge for the company. Vital Ingredient acquisition underpe...
26 November 2019
The variety discount retailer Home Bargains has opened its largest ever store, in Liverpool. £800k investment The new store was an investment of £800k from the retailer, according to Liverpool Echo. At 25,000 sqf it is the largest Home Bargains store. The site was previously occupied by Toys R Us. It is opposite Costco, on a retail park 7 miles outside Liverpool city centre. It is the 29...