Private label and brands news

07 May 2014
ICA, Sweden’s largest grocery retailer, has released its results for the first quarter of 2014, reporting a 0.6% decrease in net sales to SEK 23.5bn (€2.6bn), although operating profit increased 9.3% to SEK 528m (€58.2m). Swedish performance affected by late Easter In Sweden, sales decreased by 0.1% to SEK 16,088 (€1.8bn) in the first quarter, while like-for-like sales declined by 0.7%. The ret...
06 May 2014
Recent news from Carrefour: expansion in Spain, extending reach of Carrefour products to the UK, and profit in Turkey. Supeco expanding in Madrid Discount cash & carry format Supeco has opened its first store of the year. The outlet in Alcalá de Henares, Madrid, is 1,600 sq m and opens Monday to Saturday 09:00 - 22:00. This is Supeco's second outlet in Madrid, and takes its overall number ...
06 May 2014
Following on from the launch of its first private label tablet last year, Tesco is set to launch its own smartphone in 2014. Bringing Tesco's services together on the smartphone Having confirmed at its preliminary results that it planned to launch a second tablet device in September, Tesco has now confirmed that it plans to enter the smartphone market. Chief executive Philip Clarke told the...
01 May 2014
As price comparison comes to the Netherlands, Superunie gets a new chairman and the Detailresult Groep investigates cutting prices, we round-up news from the market. Online price comparison arrives in the Netherlands With the beta launch of the SupermarktX.nl website, price comparison has arrived in the Netherlands, providing pricing transparency for shoppers initially on a select range of go...
25 April 2014
India's Future Group has a new subsidiary in the pipeline to support PL, and may be mulling supermarket acquisition in southern India. Supporting PL growth through UAE base The business division Future Consumer Enterprise (formerly known as Future Ventures) will invest around US$400,000 in setting up a wholly owned subsidiary, the Hindu Business Line reports. This will support the expo...
24 April 2014
Axfood, Sweden’s third largest grocery retailer has released its results for the first quarter of 2014, reporting flat net sales of SEK 8,946m (€983.9m) and 3.1% decline in operating profit to SEK 246m (€27.1m).  President and CEO: ‘Sales and earnings affected by Easter weekend falling in April’ Commenting on the results, Anders Stralman, Axfood President and CEO advised ‘Axfood experienced ...
17 April 2014
Tesco is to open its first F&F franchise stores in the USA, as it continues to roll the clothing brand out to new markets. Seven stores this year The stores in the US will be operated by franchise partner, Retail Group of America, with plans to open seven this year on the east coast. The stores will feature the full women’s, men’s and kids ranges with the first store opening near Boston in ...
16 April 2014
Nisa, the leading buying consortium and distributor to independent convenience retailers, supporting over 4,000 stores nationwide, has launched a major multi-media campaign as part of its drive to build a stronger consumer brand for its members.  The 'Whatever you Want' campaign will include TV, outdoor, PR and social media outputs, and will be supported with in-store promotions.  Activity will b...
15 April 2014
As private label continues to gain penetration in the South Korean market, retailer Lotte launches a new premium range, Prime L Gold, The Korea JoongAng Daily reports. Driving growth through high quality products Lotte will introduce three products this week - a specialist sliced bread, premium milk and high quality washing powder. With price points well above standard tier private label prod...
14 April 2014
Walmart is introducing a new range of value-orientated organic products under the Wild Oats brand at around 2,000 stores in the US. Products to be sold under three key brands Under this initiative, Walmart will introduce around 100 products at affordable price points, offering savings of around 25% compared to national brand organic products. The products will cover a broad range of categ...