News

Retail and consumer goods industry news

10 November 2023
Earlier this week we launched the fourth and final report in our cost-of-living series, exploring the five areas IGD has identified for brands to find success with retailers; Innovation & NPD, Retail Media, Occasions & Seasonal, Health & Sustainability, and Brand Resonance. To coincide with the report, IGD hosted a webinar to discuss these topics further and answer audience questions. If you...
10 November 2023
In September 2020, SPAR Netherlands bought a majority stake in food-to-go specialist The Tosti Club. Since then, it has been rolling out the concept within its store portfolio. Here’s what we thought of the concept in the SPAR City store in Hobbemakade, Amsterdam. Putting food-to-go front and center As one of the smallest SPAR City stores in Amsterdam, The Tosti Club counter takes up most o...
09 November 2023
Following the confirmation of its purchase of EG UK’s convenience sites, Asda has confirmed it plans to convert all 356 sites into Asda Express stores by next summer. The conversion will include 117 Spar stores that previously sat on EG forecourts. Taking into account the conversion of the sites acquired from Co-op, Asda is aiming for 20 store conversions per week. As part of its long-term ...
09 November 2023
We review Ahold Delhaize’s Q2 results, outlining key highlights from the US and Europe. The retailer also announced it has entered into an agreement to sell its FreshDirect ecommerce business to Getir. Group highlights: continued growth in online In Q3, net sales rose 2.9% at constant exchange rates, to €21.9bn, while like-for-like sales increased by 3.1%. During the quarter, Ahold De...
09 November 2023
In Verona, under the TuDay Conad banner, cooperative Dao has opened the country’s first autonomous store, with plans to open another in Trento in 2024 A small footprint with a fresh offering The 200sqm store includes almost 3000 SKUs, of which 20% are fresh products. In many ways, this store is no different to many we have seen popping up around the world: shoppers can pick up products from...
09 November 2023
Foodstuffs is merging its North Island and South Island operations into one cooperative. The merger has been talked about for many years and has just been announced with the two co-ops seeking clearance with the Commerce Comission to merge. What is it? Foodstuffs has a co-operative structure with members owning New World, Pak 'n Save and Four Square stores across the country. In the South, ...
08 November 2023
Central Market is one of H-E-B’s smaller grocery chains in Texas, marketed as a place for people ‘Really Into Food’. It has 10 stores that all have different identities and on a recent trip to Dallas, we visited the Dallas Preston Royal store which has quite a bit of history to it. While most Central Market stores are purpose built, this store along with one other is an adaptive reuse of an exist...
08 November 2023
German retailer dm had a great 2022/23 financial year in Italy, with sales up 30% and plenty of innovation Sales, shoppers, and store numbers up The retailer had a very successful year in Italy, reporting sales of €140m and up to 900,000 clients a month. Entering the market in 2017, dm has increased its number of stores by over tenfold since then and continues to grow in popularity. In the ...
08 November 2023
Following strong early trading results in August , Marks and Spencer released its half-year results this morning covering the 26 weeks ending 30 th September 2023. Total M&S Group sales were £6.2 bn (exc. VAT) an increase of +10.8%. UK Food sales increased +14.7% to £3.8 bn and were the driver of growth. UK Clothing & Home sales increased +5.7% to £1.9 bn. International sales increased +3.0%...
07 November 2023
Seven interesting formats of 7-Eleven around the world 7-Eleven is the world’s largest convenience retail banner in terms of revenue and stores, with a global presence across more than 20 markets. Catering to local needs While 7-Eleven is well known for its food-to-go and beverage range, its global presence means it and its global franchisees may sometimes flex its format to meet local n...