Canada news

30 July 2020
Building on an earlier pilot, Costco Canada and Instacart are partnering for a national same-day grocery delivery programme. On-demand delivery Same-day delivery will be offered from 76 of Costco Canada’s 101 outlets. The national roll-out follows on from a two-month pilot in Ontario. Although Costco Canada has offered a non-food, home delivery ecommerce proposition for several years, this ...
29 July 2020
We look at how Walmart Canada is activating back-to-school in-store and online. A different back-to-school In Canada, there remains a high degree of uncertainty with regards to the future school year due to the COVID-19 pandemic. Each province is responsible for setting the timelines and guidelines for the reopening of schools, colleges and universities. In most provinces, schools did reope...
24 July 2020
We review Loblaw’s second quarter results, it’s record ecommerce growth and long-term strategic direction. Key numbers Revenue increased 7.4% to $12.0bn, with retail segment sales up 7.9% to $11.8bn Food retail same-store sales were up 10.0%, while drug retail same-store sales fell 1.1% COVID-19 investments totalled $282m Operating income fell 31.3% to $404m Net earnings fell...
22 July 2020
Sobeys has launched a new three-year growth strategy, Project Horizon, following the recent completion of its turnaround plan, Project Sunrise. Central to the new strategy is the acceleration of its ecommerce initiatives. Our view: a big bet on ecommerce Much of what has been announced is a continuation of programmes which were underway, including the expansion of Farm Boy and FreshCo, or a...
20 July 2020
We look at Walmart Canada’s $3.5bn investment plan, the programmes its drawing on from the US and what it means for the business. Plans shaped by new CEO The retailer’s five-year plan to invest $3.5bn its stores, supply chain and technology comes nine months after the appointment of Horacio Barbeito as the retailer’s new president and CEO. He joined the retailer having held leadership roles...
19 July 2020
We look at how retailers are adapting to the easing of lockdown restrictions in Canada, in-store and through their ecommerce platforms. Most provinces are making solid progress through the different phases of their re-start plans. We look at how retailers in BC are adapting, with the province recently moving into phase three of its four-phase re-start plan. Phased re-start plan As one of Ca...
10 July 2020
Costco's sales continue to improve, with net sales in June up 11.1% to $16.18bn. This reflects the shift towards one big shop and Costco's strength in this area. Strong growth across its markets The performance in June builds on the progress made in May, when net sales increased 7.5% to $12.6bn. During the month of June, sales were up in all regions, with the US growing by 11%, Canada up 8....
09 July 2020
Asda is partnering with Uber Eats to offer grocery delivery in 30 minutes. Meanwhile, Uber is also launching an on-demand delivery service in Latin America and Canada. Asda trial Asda is launching a trial with Uber Eats from its stores in Leeds (Pudsey) and Birmingham (Barnes Hill). Customers will be able to order, with no minimum spend, from more than 300 own-brand products and branded ...
30 June 2020
We review Couche-Tard’s fourth quarter performance and its outlook as it navigates the current phase of the COVID-19 pandemic. Key numbers Fourth quarter merchandise and service revenues fell 2.6% to $3.2bn Same-store merchandise revenues fell 6.5% in Europe and 0.5% in the US, while Canada saw a 4.7% increase Fourth quarter operating income increased 87.6% to $769.7m Full year ...
30 June 2020
While celebrating Canada Day is usually marked by large-scale events and gatherings, we look at how retailers in Canada are adapting their approach this year given social-distancing requirements. Being relevant in the moment These four initiatives highlight how retailers have been able to pivot and ensure their campaigns are relevant for the type of activities that consumers will be partici...