News

Retail and consumer goods industry news

31 January 2013
Gérard Dorey, Carrefour's executive director for convenience, reveals development plans for 2013 in an interview with a French trade publication. Plans 350 new stores this year Speaking to Franchise Magazine, Mr Dorey said Carrefour opened 330 stores under the new City/Contact/Express/Montagne group of fascias in 2012.  It reached 1,000 with the opening of a Carrefour Contact on 4th...
31 January 2013
CP All, operator of 7-11 in Thailand, will apply for a license to open stores in China, ahead of market entry in Myanmar, Laos, Cambodia and Vietnam. Whilst helping Seven & I maintain its dominant position in the convenience format, the move will intensify competition in key Asian markets and present new opportunities for suppliers.  Asia's position in Seven & I's global strategy In line wit...
31 January 2013
According to several press reports, Russia’s largest drugstore chain looks to be gearing up to merge with local rival, A5 Pharmacy Chain. Shares rocket Shares in the drugstore chain surged by more than 13% in one day amid rumours that it is about to merge with A5 Pharmacy Chain. If the merger comes to fruition, the deal is likely to be funded by $300m worth of new shares. Become signif...
31 January 2013
With the 47th Superbowl taking place next Sunday, February 3rd, the major US grocery retailers are focusing this week on maximising the trading opportunities. As the largest sporting event in the US, and one of the largest globally, what are the key focus areas for the retailers? Game themed flyers used almost universally With weekly flyers a key promotional tool for retailers in the US , m...
30 January 2013
Roger Whiteside has been appointed as the new CEO of Greggs. He will take over from Ken McMeikan at the start of February 2013 who leaves for Brakes in March 2013 after leading the business for five years. Roger Whiteside to lead Greggs Having been a non executive director at Greggs since March 2008, Roger Whiteside will leave his position as chief executive of Punch Taverns plc to take ove...
30 January 2013
Ocado has signed an exclusive agreement with Jamie Oliver to become a featured advertiser on the chef's new YouTube Channel. Enter the world of Ocado Ocado will run an unskippable 30 second ad before each piece of content on Jamie Oliver's new FoodTube channel. Oliver launched the FoodTube channel on 21 January, and now has 130,000 subscribers, with over 12.5 million video views.  The adver...
30 January 2013
Coles has reported half year sales up 4.7% to AU$18,333m in the 27 weeks to 30 December 2012. Strong growth was maintained across the half with an improving growth trend in Q2 for almost all of Wesfarmers' retail divisions. Food & Liquor continues to grow volume ahead of sales Coles' Food and Liquor sales grew to AU$14,301m in the half, with sales up 5.0% or 3.8% on a like-for-like (LFL)...
30 January 2013
Slovenia-based Mercator has released its full year 2012 results, saying that performance improved in the second half of its financial year as it looked to ‘ cut costs, improve working capital and reduce debt ’, amongst other items. Sales growth remained muted in 2012 During 2012 Mercator said that sales had remained flat with 2011, generating €2,873.2 million compared with €2,872.0 million ...
30 January 2013
In a recent interview with Reuters, the Ruentex Group's chairman discussed how its joint venture with Groupe Auchan has established its position as market-leading hypermarket operator in China. Looking ahead, he highlighted the possibility of overseas expansion. The Sun Art Group was formed as a joint venture between the Taiwanese Ruentex Group, and French Groupe Auchan . It operates a networ...
30 January 2013
The French retailer is planning on opening ten new stores in Russia in 2013. Successful year in 2012 The expansion of Auchan in Russia in 2012 was well executed, with the retailer opening eight hypermarkets and upgrading ten existing stores. Auchan invested RUB 7.5bn in organic growth during the year. Purchase of “Real” and expansion planned for 2013 Auchan announced the purchase...