Global retailing news

03 June 2016
We visited Walmart's new culinary and innovation centre to see how it plans on improving the quality of its private brand ranges and drive innovation across its categories. Private brands growth key to delivering a stronger food business Opened last month, this new centre is an integral part of Walmart's plans to increase the penetration of private brands within its US stores business. The...
02 June 2016
As the world's sporting eyes prepare to turn again to Brazil, with the Olympic Games taking centre stage in August, we look at three reasons why Carioca retailer Mundial (19 stores across Rio de Janeiro) is one to watch. 1. Value and volume-led Mundial is renowned for its intense price focus, and this is one of the key pillars of the business, alongside the principle of volume. Mundial's...
02 June 2016
We report from Bentonville, Arkansas, on the progress which Walmart has made over the last year in its core domestic market as it prepares for its annual Shareholders' Meeting. Solid start to the year Returning to Bentonville for this year’s Walmart's annual Shareholders Meeting there is a stronger sense of optimism within the business. While the retailer continues to be in transition, b...
01 June 2016
Grupo Éxito has reported what it calls a solid performance across most of its markets for the quarter ended 31 March. Colombia: discount and premium stand out Total sales in Colombia were up 7.4%, with discount and premium segments reporting the strongest performance amongst positive progression for all banners. For discount, the acquisition of Super Inter has brought new expertise in ...
01 June 2016
As part of its plan to 'work smarter' the retailers has announced its intension to streamline its head office functions, as well as the imminent launch of its new private label range. New operating model to generate 'centres of excellence' Metcash is looking to find AU$100m in savings over the next three years and as part of this has announced that it will be reorganising the corporate s...
01 June 2016
Italian food emporium Eataly has entered into a partnership with foodservice provider Autogrill to launch a new format: Eataly x Autogrill. Aim is satisfy diverse needs of modern travellers Autogrill will manage the outlet, which it describes as an "alliance of taste" , and which is located on the A1 motorway in the Secchia Ovest service area close to Modena. Eataly CEO: "Eat bette...
01 June 2016
As Netherlands-based Ahold announces first quarter results showing total sales rose 4.3%, 3.5% at constant exchange rates, to €11.8 bn, we look at the numbers and the initiatives driving growth. The numbers… Ahold reported that total sales rose 4.3% to €11.8 bn with growth across all its markets. In the US total sales increased by 4.0%, 3.0% at constant exchange rates, in the Netherlands th...
31 May 2016
Waitrose is to begin selling a selection of its private label products in Denmark following with an agreement to supply Coop Danmark's Irma supermarkets. 40 products from Waitrose Cook’s Ingredients range Coop Danmark, which operated 83 Irma stores as of the end of 2015, will initially list around 40 products from Waitrose’s Cook’s Ingredients range, while the retailer will continue to c...
31 May 2016
Metro Cash & Carry China has opened two MyMart convenience stores in Shanghai, revealing its new concept.  Rolling out c-store format across China Both stores were based in Putuo district, where Metro China has its headquarters and flagship stores. One is about 110 sqm, near a subway station, and the other about 70 sqm. Both shops offer Metro’s exclusive imported products, private label l...
30 May 2016
Japanese retailer Aeon’s Malaysian operation has seen its revenue and profit decline by 2.7% and 41.9% respectively in Q1. Yet it will continue expanding in the country by building two new stores and investing in e-commerce. Weak retail business performance Aeon has reported that its revenue dropped by 2.7% to RM1.08bn (US$262.6m) from RM1.11bn (US$269.9m), while its net profit fell by 41.9...