News

Retail and consumer goods industry news

06 November 2023
With private label penetration approaching 30%, Loblaw is the undisputed leader in the Canadian market. We look at one of the ways it keeps ranges front of mind with shoppers. Enduring success The PC Insiders Report is used twice a year by Loblaw to showcase its latest new private label products and some of its iconic items. This year’s Holiday report showcases more than 100 new products ar...
03 November 2023
Our global analysts share their opinion on grocery retail news from across the globe. Love pumpkin spice, but food waste isn’t nice – Michela Kerbaker, Insight Analyst I always enjoy seeing children trick-or-treating on Halloween and appreciate the value to both shoppers and the industry of these types of events. IGD recently published a report on Halloween execution in stores, and ther...
03 November 2023
A look at the latest news from the retailer. Home Bargains price matched ‘paused’ Asda has halted its Home Bargains price match scheme to review the success of the campaign. As reported by The Grocer, the webpage that would take shoppers to the price match products now links to a different part of the website listing the retailer's departments. An Asda spokesperson said: “We’re ...
03 November 2023
Tops, a food business under Central Retail Group, is enhanching its portfolio with a new convenience format. We visited Tops daily in Bangkok that embodies the Joy-venience concept. The new store format aims to infuse more enjoyment into shoppers’ daily lives. A new model – convenience, speed, accessibility, and proximity to home The format is designed to deliver an authentic connection wit...
03 November 2023
Asda has completed the acquisition of EG Groups’ UK operations for an enterprise value of £2.07 bn. The news comes several months after the purchase was first announced back in May . Expansion into the convenience sector accelerates The purchase adds 356 EG Group sites to Asda’s growing convenience estate, with Asda saying all sites will be converted into its Asda Express format.   Th...
02 November 2023
Sainsbury’s released its first half results today covering 28 weeks to 16 September 2023. Total retail sales for the first half were up +7.7% (exc. fuel, inc. VAT). Performance was driven by the grocery side of the business where sales were up +10.1%. Total general merchandise sales were up +1.1%, driven by Argos with +1.7% growth. Sainsbury’s general merchandise declined -1.9% whilst clothing...
01 November 2023
Per Bank has taken the reigns as Loblaw’s new president and CEO. We consider what changes to anticipate over the next few months. Learning and understanding the market Per Bank’s appointment was announced in April, joining the business from Denmark’s largest retail business, Salling Group A/S, where he held the position of CEO. While we would typically not expect any immediate changes with a ...
01 November 2023
Amazon’s has released its third quarter results showing positive growth with overall net sales increasing by 13% year-on-year. However, it is worth noting that Andy Jassy (CEO) and Brian Olsavsky (CFO) made no mention to Amazon’s grocery offering throughout the Q3 earnings call, highlighting a lack of focus here. Q3 key numbers: Total net sales increased +13% year-on-year (YoY) to $143.1...
01 November 2023
As DFI Singapore celebrates the first anniversary of its yuu Rewards Club customer loyalty app, it continues to improve its offerings to sustain its growth. Successful first year Since its launch in end October 2023, yuu Rewards Club has had a successful take up rate. It hit a million app downloads within the first 100 days of launch alone, and has continued to grow further. Its success ...
31 October 2023
The 10,000 jubilee Zabka opened on 27 th October 2023, in Stary Browar (Old Brewery), in Poznan. Engaging shoppers in the momentous occasion The shopping centre is visited by around 9 million people every year and they planned a grand opening. Looking for more insights on technology and innovation then visit our technology hub page. For more insight on the retailer, visit our Za...