Global retailing news

13 December 2016
Netherlands-based Ahold Delhaize held a Capital Markets Day for institutional investors and analysts in which it set out elements of its strategy as a combined company. We look at three things that we learned from the day as it set out its ‘ Better Together Strategy ’. The company said that it was building from strong foundations as it prepared for the future, aided by great local brands in a...
08 December 2016
Facing surging land costs and changing consumer habits, Metro China has decided to explore new business models in China, its largest Asian market. Redeveloping stores following an asset-light strategy Metro has previously been building and holding its own Metro Cash & Carry stores instead of renting from third-party landlords, which, at the time, was an advantage from competitors. However, ...
05 December 2016
Korean supermarket chain K-Market is planning to work with Vietnam’s conglomerate VinGroup to expand its network in Vietnam. 100 stores by 2020 K&K, the owner of K-Market supermarket is planning to expand in Vietnam by opening stores at VinGroup’s commercial centres. The company plans to reach 100 supermarkets by 2020, and eyes a turnover of more than US$100 million in 2017. The group ai...
01 December 2016
Metro Cash and Carry in India is utilising a new sales team to target traditional Kirana store outlets, in what has been described as a world first for the retailer. Tablets allow sales team to place orders immediately... Metro is using sales advisors to go out and visit Kirana stores, take orders directly from the owners and have the products delivered to the stores. The current team o...
01 December 2016
Berli Junker (BJC) has announced that it would invest THB10bn (US$280m), 80% of which would be allocated to the expansion of its Big C business. Expansion across different formats for Big C Berli Junker, the retail flagship of Thai tycoon Charoen Sirivadhanabhakdi's TCC Group, plans to open nine new Big C Hypermarkets, four Big C Market stores, and about 200 Mini Big C outlets in Thailand. ...
01 December 2016
Kesko has sold its Russian grocery business to Lenta for approximately €163m, following approval from Russian competition authorities. Deal worth €163m The deal is worth approximately €163m and includes 11 grocery stores in St Petersburg and Leningradsky, as well as three plots of land in these regions. In 2016, Kesko achieved grocery net sales of €106m. Mutual benefits The sale will ...
30 November 2016
Casino and Conforama have announced the establishment of an international company, which will build on their initial purchasing alliance, Mano. New company to build on existing agreement In September 2016, Casino and Conforama announced the formation of a centralised purchasing platform, called Mano, which would centralise purchases of leading international brands in household appliance...
29 November 2016
Woolworths has partnered with Australia Post to install parcel collection lockers in 500 stores. Lockers will start appearing this year... The 24/7 parcel lockers will appear in Woolworths stores over the next five years, starting with five pilot stores in December 2016. The supermarkets that will first feature the lockers will be in Carnegie, Glen Huntly, Mentone and Northcote in Victo...
29 November 2016
Metcash has released H1 results for the period ending 31 October 2016, with sales revenue up 0.3% to AU$6,629m, but group EBIT down 4.2% to AU$128m. Food & Grocery sales declined 1.2% to AU$4,488m Supermarket sales declined 1.0% to AU$3,729m, with uplifts generated from new store openings and strategic initiatives being offset by store closures, deflation, competitor promotional ...
29 November 2016
SPAR International has formally launched in Thailand in partnership with Bangchak Retail Company Limited (BCR). Store expansion plan The €74m (US$78m) investment will see up to 300 new stores across the country in the next five years. During 2016, BCR plans to open 7 new stores, comprising key flagship convenience and neighbourhood developments. From 2017, the retailer plans to open 50-80 ...