Africa & Middle East news & analysis

06 August 2014
Walmart has re-launched its Walmart.com platform, overhauling existing features and introducing a number of new ones, to deliver a more personalised and faster shopping experience. Pangaea provides foundation for global best-practices The foundation for the improvements which are being made to the website is the retailer’s internally developed Pangaea ecommerce platform. This brings togeth...
30 July 2014
With expansion plans from Turkey-based Kiler, for the Monoprix brand and online, through EMKE-owned LuLu, we round-up news from this Middle East market. Kiler to open supermarkets in Qatar Turkey-based Kiler’s CFO, Kaan Aytogu, has said that the retailer has signed a memorandum of understanding (MoU) with Qatar-based Al Rayyan, which will lead to it opening Kiler supermarkets in Qatar’s ca...
25 July 2014
Chief information officer for online at Tesco, Carl Dawson, is leaving the retailer to join M&S as IT director as M&S expands its reach overseas. Dawson will report to CFO In his new role at M&S, Carl Dawson will report to M&S's chief financial offer. The CFO position is currently being filled by Paul Friston after Alan Stewart's recent resignation to take up the CFO role at Tesco, a role h...
23 July 2014
UAE-based Majid Al Futtaim, which operates the Carrefour banner in 14 markets across the Middle East and Central Asia, has announced results for the first half of its financial year, saying sales rose 15% in its retail division. Sales driven by continued expansion… Majid Al Futtaim said sales rose 15% year-on-year, reaching AED10.5 billion (US$2.9 billion) in the first six months of its finan...
22 July 2014
Our team of analysts travel around the world, seeking out the latest in FMCG retail innovation. We have selected some of our favourites from the stores we visited in the first half of 2014. HyperCITY, Mumbai, India Selected by Nick Miles, Asia-Pacific Region Manager One of the most innovative modern trade retailers in India, HyperCITY is pushing the boundaries of format development. Pr...
17 July 2014
After retailers like Pick n Pay and SPAR South Africa announce expansion plans and Massmart and Woolworths (SA) discuss their sales performance, we round-up the news from the region. Massmart sees sales grow in H1, driven by non-food banners In the retailer’s first half of its financial year, Massmart said that total sales had risen by 10.2% to ZAR35.7 billion (US$3.3 billion), driven by co...
16 July 2014
Leading Turkish discount retailer BIM has revealed its ambition to open a premium supermarket banner. Larger stores with a focus on fresh BIM plans to launch the new banner 'File' in a move away the discount format, which it operates in with great success. It is thought that the average store size of the new format will be approximately 1,000 sq. m, with a focus on fresh; seeking to deliv...
15 July 2014
South Africa-based Shoprite has announced preliminary second half and full year results for its financial year ending June 2014 saying that in the 12 month time frame turnover rose 10.5% to ZAR102.2 billion (US$9.5 billion), driven by its strong performance in the second half of the year. Growth propelled by non-food division… Shoprite said that full year turnover growth reached 10.5%, aide...
02 July 2014
We round up news from Fruit & Veg City, Pick n Pay, Nakumatt and Shoprite. Fruit & Veg City launches consumer foodservice concept South Africa-based Fruit & Veg City, meanwhile, has launched an in-house fast-food brand, Crispy Chicken, which the retailer said would be added at its FreshStop forecourt stores at Caltex service stations. Fruit & Veg City said it had opened a trial of the Crisp...
19 June 2014
As opportunities grow in a region underserved by online retailers, a number of companies have announced investment plans to add skill and scale, aided by government spending on internet infrastructure and mobile solutions. Carrefour and Casino set to add online solutions Discussing wider expansion plans, the head of Carrefour’s CFAO retail division, Xavier Desjobert, has said that the retaile...