Retail and consumer goods industry news

22 June 2020
Pan-Asian retailer Dairy Farm has launched two new concept stores in Hong Kong. New 7-Eleven convenience store concept partnering Carlsberg 7-Eleven has launched a new concept shop in partnership with Carlsberg. The store is located in Discovery Bay, a residential area popular amongst expats on Lantau Island. The concept is the first of its kind in the market. It allows customers to purchas...
22 June 2020
Maxima Latvia has launched, what it claims is, the first mobile payment app in Latvia, enabling consumers to pay for groceries from their phones. The app will provide shoppers with convenience and functionality and act as a digital wallet, adding the Paladies loyalty card to the platform. To use the app, shoppers can link their payment cards onto the app and scan a QR code at the checkout. A m...
22 June 2020
We round up news from retailers in Bahrain and the UAE. Bahrain: BenefitPay launches in Carrefour BENEFIT’s electronic payment service, BenefitPay, has launched at all Carrefour stores, which are operated by Majid Al Futtaim, in Bahrain. The collaboration is in line with the retailer’s efforts to use electronic payments instead of cash. BenefitPay is Bahrain’s leading electronic financial t...
22 June 2020
Italy-based Conad has announced strong 2019 sales results, which has seen it achieve a turnover of €14.2 bn. Francesco Pugliese, Conad’s CEO highlights the position the cooperative is in with a challenging economic outlook ahead for the country. Separately, Conad has opened more Spazio Conad stores and plans to continue expanding the banner during 2020.   Exceeding turnover expectations Con...
22 June 2020
The South Korean retail conglomerate announced last week that it will launch a subscription-based snack service, the first of its kind in the country. Based on a subscription model The new service is based on a subscription business model. Shopper can sign up through Lotte Confectionery’s official Instagram or Facebook account. The number of subscribers will be limited to about 200 initia...
22 June 2020
Doug Gurr, Amazon’s UK Country Manager, is set to leave his role later this year to take up a new position as Director of the Natural History Museum. Nine years at Amazon Doug Gurr joined Amazon in 2011 from Asda. He became Country Manager of Amazon UK in 2016, having previously held the role of President of Amazon China from 2014 to 2016. Gurr will reman in his current role until late 2020...
22 June 2020
We review Sobeys’ fourth quarter performance and the outlook for its new financial year, including the launch of its new ecommerce service and the shift in sales from supermarkets to discount stores. Key numbers Fourth quarter sales increased by 12.7% to $7.0bn, driven mainly by the COVID-19 pandemic Same-store sales increased 18.0% Adjusted net earnings increased 43.2% to $181.2m ...
19 June 2020
Unicorn Stores has opened a new UNY supermarket in KOLOUR shopping mall , Yuen Long, New Territories, Hong Kong. Famous for Japanese products UNY Yuen Long covers 1,672 sq m and has opened in the space vacated by A.S. Watson’s TASTE supermarket. Available to shoppers is plenty of fresh food, frozen and daily groceries, many of which have been imported from Japan. To celebrate the openin...
19 June 2020
Shoppers at 7-Eleven in Japan can now use the retailer’s multi-function machines to purchase MS&AD Insurance Group's life insurance. How does it work? Customers can begin the process by applying on their smartphones or PCs partly. The sale is completed once the insurance fee is paid at the checkouts in-store. The two businesses have also set up call centres where licensed insurance employee...
19 June 2020
The regional SPAR wholesaler for Scotland, CJ Lang has announced it is to extend a click & collect service both for retail customers within its SPAR symbol group network, but also for other non-SPAR retailers.  This will enable it to expand supply to meet the significantly elevated demand currently flowing through its afiliated network as well as the wider Scottish convenience sector. Provides...