News

Retail and consumer goods industry news

16 November 2023
It has been a busy year for M&S's hospitality teams, and this week has been a particularly significant one for them. In the space of seven days, they have launched three new "digital cafes" and have opened their first hot chicken counter in the Camberley store. However, this is not just an ordinary chicken counter (as expected from M&S!).   Source: M&S Hot chicken meal deals Th...
16 November 2023
We review Loblaw’s Q3 results, highlight seven key takeouts and outline what they mean for the business and its trading partners. Q3 key numbers Total revenue increased 5.0% to $18,265m Retail sales increased 5.0% to $17,982m Food retail same-store sales increased 4.5%, with drug retail same-store sales up 4.6% Ecommerce sales increased 13.6% Operating income increased 7.5% t...
15 November 2023
Asda has released its latest results update, covering the three months to 30 th September. Total revenue for the period was £5.4 bn, a year-on-year increase of 3.8%. Food sales underpinned by performance of Just Essentials range Asda said its like-for-like food sales had increased 3.2%, with the performance driven by a strong showing from its Just Essentials value range, where sales were u...
14 November 2023
Premium focused grocer, Gelson’s, which operates 28 supermarkets in Southern California, has opened a stunning flagship store in Los Angeles. We look at what makes this store special. Long standing reputation as a premium grocer Gelson’s has an enviable reputation as one of America’s leading premium grocery retailers. Alongside traditional fresh food departments, it offers chef-crafted sign...
14 November 2023
Creating a truly inclusive shopping experience is paramount for retailers to offer the best service to their shoppers. In this article we examine initiatives from around the world, including sensory-friendly environments, redesigns to cater to physical disabilities, and offering child- and pet-friendly solutions. Creating an environment that is sensory-friendly - Michela Kerbaker, Insight Anal...
14 November 2023
As a response to multiple Amazon Fresh and Go stores closing over the past year, Amazon has started to implement some new tactics to boost physical grocery sales, which started a few months ago with a redesign to two Fresh stores in Chicago. Since then, some more stores in Los Angeles have undergone a revamp, while Amazon has recently announced that grocery and delivery pickup is available to all...
14 November 2023
Along with a strong set of first-half results , M&S has revealed plans for its biggest-ever month of store openings. The retailer will open nine new stores in November, beginning with a 65,000 square foot opening in Birmingham’s Bullring, with the retailer aiming to open a new store every seven days. New full line stores will also open in Lakeside Thurrock and Manchester Trafford Centre as...
14 November 2023
Waitrose has announced two significant updates to its online store, bringing in targeted advertising and AI driven personalised browsing. Targeted adverts replacing static advertising Waitrose has partnered with retail media technology company CitrusAd as it begins rolling out targeted advertising across its online store. The new system replaces the previous ‘static advertising’ syste...
12 November 2023
Diwali, the festival of lights, is not just a time for celebrations but also a significant sales opportunity for grocery retailers. We look at how companies in Canada are leveraging this celebration to boost in-store sales and customer engagement. Joyous celebration Diwali is a significant festival in Hinduism, Jainism and Sikhism. It's marked by vibrant decorations, traditional rituals, an...
10 November 2023
Poland is an intriguing and innovative market with some aggressive growth plans from some retailers and here is the latest… Eurocash Group – revenues exceeded PLN 24.5 billion at end of Q3 Eurocash Group has announced its financial results which means an increase of 8% y-o-y while maintaining a stable EBITDA margin. Big Ben (liquor store) and Frisco (online retail) account for approxim...