Global retailing news

28 July 2016
Portugal-based Jerónimo Martins has said consolidated sales rose 4.7%, in Euro terms and by 9.1% at constant exchange rates, to €6.96 bn, with its Poland-based Biedronka chain driving results. Strength at Biedronka, growth across all divisions Despite calling out Biedronka, Jerónimo Martins saw an improvement in performance across all its retail divisions. In Poland, total sales, in local c...
28 July 2016
Spain-based discounter DIA has said its gross sales under banner rose 12% at constant currencies, to €5.0 bn, and had enjoyed an ‘ improving sales trend in Q2 2016 in every country ’. Underlining the strength of its success in Q2 DIA said like-for-like sales rose 9.7%, excluding calendar effects, in the three months, above the 7.0% seen in Q1. Strong recovery in Iberian operations In Spain an...
27 July 2016
Walmex has reported an 11.5% increase in net sales for the second quarter of 2016. First half revenue grew by 12.3%. Same store sales growth driving improvement Same store sales growth drove the improvement in total Walmex sales for the second quarter, however the retailer is seeking to develop a stronger contribution from new stores and e-commerce. For Mexico, Q2 total sales were up 9....
27 July 2016
The government in Bosnia and Herzegovina has moved to amend its Law on Internal Trade, removing the requirement for retailers to source 50% of food products from domestic manufacturers. The law originally came into effect in 2011 on stores over 1,000 sq. m. In related news... Last year,  Konzum launched a dedicated private label range exclusively for the Bosnian market , comprised of pr...
26 July 2016
Woolworths has announced plans to stabilise its performance, including store closures, the slowing down of new store openings, job cuts and the sale of assets. 30 stores to close in Australia and New Zealand Woolworths plans to close 30 supermarkets and slowdown its development of new stores over the next few years. Closures will mainly be in Australia, but six store closures are also r...
26 July 2016
The Australian Competition and Consumer Commission has announced that Aldi in Australia has grown its market share to 10% for the first time. Biggest change in Australian grocery for a generation Following its continued expansion on the east coast, combined with its entry into the states of South and Western Australia in 2016, Aldi continues to grow its  market position. One of IGD's big ...
26 July 2016
In our recent Lidl report we have highlighted five strategic initiatives of the discounter: 1. Health and Well-being as drivers of product innovation 2. Brands where needed 3. Pan-European sourcing and vertical integration 4. Creative marketing and communication via social media 5. Large formats, city formats and metropolis, multi-channel the last of which could have a significan...
26 July 2016
Netherlands-based Ahold and Belgium-based Delhaize have been given the go ahead by the US-based Federal Trade Commission, following the sale of 86 stores, a step that has seen the two companies merge. Merger creates Ahold Delhaize Following the merger of the two companies Ahold Delhaize has launched its new corporate logo, which is an amalgamation of the crown of Royal Ahold and the head of...
21 July 2016
Charoen Pokphand Food, part of Thailand’s largest conglomerate CP Group, has rolled out a new concept store called Magnet Semi Wholesale by CP, which is a hybrid of convenience and wholesale formats. A smaller format to serve local communities Charoen Pokphand Foods (CPF) that established the CP Fresh Mart chain 12 years ago has launched the new store format in Chiang Mai. The concept o...
21 July 2016
Belgium-based Delhaize has pre-released its second quarter results, ahead of its merger with Netherlands-based Ahold, which both retailers have confirmed as being set for 23 July, subject to clearance from the US’s Federal Trade Commission. Q2 results point to continued upwards trajectory Ahead of the planned merger, Delhaize has published unaudited second quarter results that underline the...