Global retailing news

19 January 2017
Carrefour has announced its Q4 and FY results, with the retailer saying the pace of total sales growth accelerated in its final quarter. In its fourth quarter Carrefour said total sales (excluding petrol and at constant exchange rates) rose 3.5% to €23.4 bn, aided by like-for-like sales growth of 2.9%. Its International operations were a key driver of performance, while in France its overall grow...
19 January 2017
Announcing its first set of fourth quarter results, Ahold Delhaize has said that on a pro forma basis and adjusting for the impact of a 53rd week in 2015, its new sales rose 2.8% to €15.51 bn. The retailer’s strong performance was driven by dynamic growth in the Netherlands, where they rose 7.5%, at Delhaize America, up 3.8%, and globally through the online channel, where net consumer sales i...
18 January 2017
Bach Hoa Xanh targets 350 stores in Vietnam Vietnam’s grocery store chain Bach Hoa Xanh (Grocery Green) has announced its expansion plan by opening 300 new stores in 2017. Rolling out mini supermarket format Bach Hoa Xanh is owned by Vietnam’s leading electronics retailer Mobile World and current has 50 stores in Ho Chi Minh City. Mobile World will invest heavily to bring the total nu...
18 January 2017
Asia’s largest retailer Seven & i has posted the third-quarter results ending 30 November 2016. Its group total sales continue to decline for the second quarter by 1.4% to JPY7,909bn (US$69.7bn), whilst its operating profit has improved by 5%. Domestic c-stores report healthy growth With over 19,000 stores in Japan, Seven-Eleven Japan has achieved continued growth. Total sales have increased ...
17 January 2017
France-based Casino has said total sales rose 9.1% in its fourth quarter to €10.0 bn, with a small contraction in the three months in its home market being offset by growth in Latin America and in its ecommerce division. France: Monoprix and supermarkets lead the way In its home market, Casino said total sales contracted by 0.5% to €4.9 bn, organic growth also shrank, by 0.6%, but same-store...
16 January 2017
Woolworths has announced that Claire Peters is to become the new Managing Director of Woolworths Supermarkets, effective 1 July 2017. 20 years experience in operations and commercial Claire Peters will report to Woolworths CEO, Brad Banducci and oversee the full operation of Australia's largest supermarket network - with 992 stores. Her role will be responsible for carrying on the turnaroun...
12 January 2017
In December 2016, Lenta signed a joint-procurement agreement with the private-owned Belarusian retailer, Euroopt. This agreement allows both entities to share suppliers and build on their buying power, thus forming a buying alliance. Another retailer seeking buying alliance in CEE Lenta is so far the second retailer with operations in the CEE to show interest in buying alliances. German Glo...
12 January 2017
Lawson, Japan’s leading convenience store operator, has reported a 6.1% increase in consolidated operating revenues, while its operating income has dropped 7% in the third quarter of 2016. Sales increase while income dips For the third quarter of 2016, Lawson has seen net sales of its c-store business grow by 4.4% to JPY 1,617,505m (US$ 14,149m). Its gross operating revenue has also increased...
11 January 2017
Woolworths has introduced a new online portal called 'Supplier Connect' to provide its suppliers with better information on shopping habits. Shopper data, supplier performance and engagement information The new portal was introduced in October last year and provides enhanced shopper data from Woolworths' partner Quantium, allowing Woolworths and its suppliers to analyse data and deliver cus...
11 January 2017
Flipkart, India's largest online marketplace, has announced a major restructure of its senior management. New Group structure to oversee all strategy Flipkart has moved to bring all of its units under one group, resulting in a significant rejig to senior management: Binny Bansal, the existing CEO of Flipkart has been promoted to Group CEO Kalyan Krishnamurthy, the current head of c...