Canada news

16 June 2021
Walmart is converting its Supercentre hypermarket in Terrace, BC to a cashier-free model, using different configurations of self-checkouts. US trial The store in Terrace has been selected due to its high self-checkout use. The store will be remodelled to feature traditional self-checkouts and larger self-checkouts for bigger baskets and carts, with store associates available to support cust...
07 June 2021
Speaking at the DbAccess Global Consumer Conference, Judith McKenna, President and CEO, Walmart International, outlined how Walmart adopts best practice technologies between various markets to activate its ‘Strong local businesses, powered by Walmart’ strategy. Refining its global footprint Over the last year, Walmart  has continued to refine its international operations, ensuring a st...
31 May 2021
Speaking at its first Force for Good investor event, General Mills’ chief financial officer, Kofi Bruce, outlined how its force for good mission is being integrated across the organisation and plays an important role in driving long-term shareholder returns. Accelerate Strategy Being a force for good is a central pillar of General Mill’s ‘Accelerate Strategy’, along with boldly building bra...
28 May 2021
Despite facing tough comparables from last year, Costco’s third quarter revenue increased over 20%. We look at what continues to drive an outstanding performance from the leading warehouse club operator. Costco Q3 key numbers Total revenue up 21.5% to $45.3bn Net sales up 21.7% to $44.4bn Comparable sales (ex-fuel and currency impacts) up 15.1% Comparable sales up 15.2% in the U...
24 May 2021
We look at Metro’s latest new store opening, operated by its franchise partners, Frédéric and Martin Thibeault. COVID-19 legacy The 31,425 sq ft store is the fifth to be operated by the Thibeault family and forms part of a broader commercial development being undertaken by the family. It will also incorporate one of Metro’s other key formats, a Jean Coutu health and beauty store. One of the...
19 May 2021
Walmart got off a strong start in the first quarter as it continued to experience the impact of elevated at-home demand. We outline its expectations for the year and the differences across its key markets. Walmart's key numbers Walmart's total revenue in Q1 increased by 2.7% to $138.3bn, representing an additional $3.7bn Sales in its US stores increased by 5.0%, with Sam’s Club up 10....
12 May 2021
As its role as the first-ever official grocer of Team Canada, Sobeys’ parent company, Empire, has launched the “Feed the Dream” movement to support and celebrate the nation’s athletes on the road to the Tokyo Olympic Games. We look at how this is being executed in-store. Potential to celebrate two Olympic events Empire formed a partnership with the Canadian Olympic Committee, enabling its f...
10 May 2021
With Loblaw seeing continued strength in Q1, we look at how it’s preparing for a tougher second quarter as it laps the surge in demand from last year. Q1 key numbers Retail segment sales increased 0.7% to $11.7bn Food retail same-store sales up 0.1% Drug retail same-store sales down 1.7%. While pharmacy same-store sales increased 3.5%, front store same-store sales fell 6.4% Ecom...
05 May 2021
Sobeys has launched a new look and feel for its core Sobeys supermarket format in the Legacy neighbourhood, located in south-east Calgary. We look inside this new store. Cleaner look, sharper lines This new store is the first from Sobeys to feature this updated look and feel. While several elements are retained from the original Sobeys concept, new signposting has been introduced for fresh ...
22 April 2021
We review Metro’s Q2 performance, including strong ecommerce sales, and the outlook as it starts to cycle the surge in demand at the start of the COVID-19 pandemic last year. Second quarter key numbers Total sales increased 5.1% to $4.2bn Food same-store sales up 5.5%, and up 10.1% for the first 10 weeks of the quarter Pharmacy same-store sales down 0.8% Ecommerce sales increase...