Global retailing news

06 October 2016
We round up the latest news from Ahold Delhaize including the retailer's updated financial data following the merger, US leadership changes and the trial of Albert Heijn private label products in Delhaize in Belgium. Ahold Delhaize publishes combined financial data Ahold Delhaize has published pro forma combined financial information following the merger of the two businesses, which creat...
06 October 2016
As Myanmar’s new government accelerates its efforts to open up the country's economy, it is attracting international brands and retailers. An expanding economy, rising incomes and the new middle class are fueling the growth of modern retail in the country. Aeon store debuted in Yangon Aeon, the first foreign entity to operate retail stores in the country, entered the market by setti...
05 October 2016
FamilyMart’s Thailand operator Central FamilyMart plans to open over 800 stores within next five years. Double the number of FamilyMart stores Central FamilyMart has announced that it aims to double the number of its convenience stores in Thailand from 1,116 to more than 2,000 by 2021. This is a clear attempt to upscale FamilyMart’s operation in Thailand, where the brand faces strong compet...
05 October 2016
Norwegian pure-play online retailer Kolonial.no is to trial driverless delivery shuttles. Shoppers will be able to collect groceries from shuttles  at a centralised point or depending on the location, they can choose to have products delivered to home for a small fee. Kolonial.no: leveraging technology for the best experience Commenting on the development, Jon Kåre Stene, operations manag...
05 October 2016
The Philippine Conglomerate SM Investments is accelerating the expansion of its retail business, after completing the consolidation of all retail stores under SM Retail. Post consolidation expansion SM retail said its retail group is set to open two SM stores (shopping malls), 13 supermarkets (seven Savemore stores and six Waltermart stores), plus 70 speciality stores in the second half. ...
05 October 2016
Tesco has reported 2016/17 H1 results for its international operations up 3.2% at constant exchange rates, with sales in Asia growing the strongest at 4.9%. Tesco's recovery in Asia continues to build momentum Tesco's Asian operations grew just 1.3% in its last financial year, with a significant improvement in H2. However, the retailer has managed to continue this momentum into 2016/17 ...
05 October 2016
Konzum is introducing exclusive prices as an additional benefits of its MultiPlusCard loyalty programme as of tomorrow (6th October). Exclusive prices on select products This will see a price reduction of up to 40% in 1,000 premium products across a variety of fresh and ambient categories. Konzum will communicate this at the shelf edge so shoppers will be able to see the current price...
03 October 2016
Patrick Espasa, head of Auchan Retail France, has revealed that the retailer is bringing its diverse banners together under a single identity built around the strength of the Auchan brand. "New step" for the retailer to serve an omnichannel customer Auchan aims to create a multichannel, digital brand presence across all of France and all group activities: hypermarkets, supermarkets, prox...
03 October 2016
Costco Australia is set to announce record sales, plus is considering further expansion opportunities at sites previously occupied by hardware chain Masters. Another record year for revenue Costco Australia CEO, Patrick Noone, has said that the retailer's sales will be higher than last year, when the retailer generated revenue of AU$1.32bn. Despite the on going popularity of the retailer...
03 October 2016
Woolworths has confirmed that it is assessing the future of its network of over 500 petrol sites across Australia. Three companies in running for business The retailer has confirmed that it has received incomplete and conditional proposals from a number of parties related to the sale of the business. Press reports in Australia say that the parties involved include BP, Vitol and Caltex...