Retail and consumer goods industry news

03 November 2021
Alibaba-owned ecommerce platform, Lazada, has partnered with Grab, Southeast Asian super app to provide sellers with same-day delivery services in Singapore via GrabExpress. Faster delivery Over 50 Lazada sellers are onboard to offer instant delivery via GrabExpress as part of the launch trial. This includes Shine Korea grocery, JBL electronics and Aroma Truffle food products. GrabExpress c...
02 November 2021
In line with our post-COVID-19 expectations, the process of industry consolidation has accelerated in the US grocery retail market. This month, Brookshire Grocery Co. (BGC) and Reasor’s are the latest in a line of grocers planning to come together. Brookshire Grocery Co. plots regional expansion Texas-based BGC plans to acquire Reasor’s, which operates 17 stores in Oklahoma. With over 200 s...
01 November 2021
As part of its plan to help consumers discover products through emerging forms of content, Walmart’s digital media division, Walmart Connect, is providing its brands with new ways to activate their campaigns this holiday season. Through its ‘content to commerce’ approach, Walmart Connect is offering a range of programmes that can be activated across its own digital properties, omnichannel integ...
01 November 2021
Brazilian retailer GPA (part of the French retail group Casino) has launched a new neighbourhood supermarket format called Pão de Açúcar Fresh. The banner, which is GPA’s third under its Pão de Açúcar brand, will specialise in selling fresh products and perishables. This news comes just two weeks after the retailer announced the sale of its hypermarket format to Assaí . “As we move ou...
01 November 2021
We look inside the first Motor Fuel Group forecourt that features a Pret A Manger store. Full on-site Pret kitchen offering those that want a more premium experience Source: IGD Research With mobility recovering, the site will benefit from Pret’s brand-pull and strong food offer  MFG Southgate provides consumers access to Pret’s freshly made food and organic coffee when they...
01 November 2021
Cross-border ecommerce (CBEC) brings exciting opportunities to brands and retailers around the world, as ecommerce spending in foreign countries is on the rise. CBEC is here to stay as a mainstream online channel and needs to be part of your ecommerce strategy. Costco and ALDI opened CBEC stores on Alibaba’s Tmall Global before launching physical stores in China. This article gives a high-level o...
29 October 2021
The USA-based upscale grocery retailer, The Fresh Market, has unveiled the latest iteration of its flagship location to showcase a new level of innovation. Creating points of difference This store has been remodelled to reflect the new vision that is being set for the company by CEO Jason Potter, who was appointed to lead the business in 2020, joining from Sobeys in Canada. His focus is on ...
29 October 2021
Amazon's net sales increased by 15% year-on-year (YoY) to US$110.8bn, with operating profits decreasing by 21% to US$4.9bn. Rate of growth slowed Despite the sales increase, the growth rate was down on the 37% increase seen in Q3 last year, reflecting the deceleration of online sales after the pandemic surge. Operating income decreased 21% to $4.9 billion in the third quarter, compared w...
29 October 2021
Tesco has announced it has launched a pilot in partnership with quick commerce pure play Gorillas, offering customers delivery in 10 minutes. Micro-fulfilment sites at Tesco stores Shoppers can now purchase Tesco products via the Gorillas app with rapid delivery to customers in a selected area. As part of the partnership, Gorillas will set up micro-fulfilment sites at five large Tesco store...
28 October 2021
Woolworths and Coles have both released Q1 FY22 results, with Woolworths sales up 7.8% to AU$16,070m and Coles sales up 1.5% to AU$9,756m. We compare the performance of both retailers and pull out the key learnings from both statements. A particularly challenging quarter for both retailers Both retailers highlighted the challenges that they have faced in Q1 with ongoing lockdowns across NSW...