Retail and consumer goods industry news

25 May 2021
The GB market declined 0.4% in the 12 weeks to 16 May, according to the latest results from Kantar. The decline reflects the tough comparisons against record-breaking figures from 2020 and the beginning of the pandemic. Reduced restrictions and the roll out of the vaccination programme has further impacted sales, with shoppers starting to return to their pre-pandemic buying habits. Despite thi...
25 May 2021
Boots UK reported another tough year as total revenue declined by 10.8% to £5.9 bn (2019: £6.7 bn) for the year ending 31 August 2020. For the year, Boots UK reported an operating loss of £245m. FY2020 performance severely impacted by COVID-19 pandemic The drugstore operator highlighted its challenging year, despite its on-going efforts to improve and invest in its store portfolio and produ...
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...
24 May 2021
Ramadan is a month-long celebration where Muslims around the world abstain from eating or drinking from dawn to sunset. Traditionally they engage in breaking fast with family and friends. Eid al-Fitr is the celebration to mark the end of the month. This is the second year Ramadan celebrations have taken place under the shadow of the pandemic. Retailers and brands were more prepared this year a...
24 May 2021
Coles has opened its first Local store in Sydney's CBD and will open a further two urban supermarket stores under the banner by the end of June. New format is allowing Coles to open in new locations The new Coles Local on Sydney's York Street is the first Coles store to open in Sydney's CBD in 15 years and the fourth in the city, following openings in Chatswood, Manly and Rose Bay. The stor...
24 May 2021
UK variety discount retailer Poundland has opened two trial Poundland Local stores, moving its brand beyond the traditional high street/shopping centre format into smaller footprint (sub-3,000 sq ft), local neighbourhood locations for the first time.  The stores located at Kendray, Barnsley and Hornsea are both in Yorkshire, and both have been developed in former Fultons Foods stores; part of the...
24 May 2021
We look inside 7-Eleven’s x Heineken concept store in the Philippines, plus review what the retailer is doing in Singapore, Malaysia, USA and Denmark. Philippines: 7-Eleven x Heineken 7-Eleven Philippines has opened two-storey Heineken concept store in Quezon City. In addition to the typical products found at a 7-Eleven store, it features Heineken-branded posts, shelves and chillers, a walk...
24 May 2021
The pandemic has caused food-to-go operators and customers to turn to technology for safe and convenient ways to order. With lockdowns causing an overall decrease in food-to-go missions and  working from home continuing in the future , operators have had to develop their digital strategies to tempt customers back to food-to-go.  Digital sales have seen huge growth in the past year – in 2020, 20...
24 May 2021
Aldi in Australia has set up a new platform through which it plans to sell its popular Special Buys online. New website: shop.aldi.com.au The new trial service launched last week and is offering Special Buys in selected postcodes in New South Wales, Victoria and Queensland. According to Simon Padovani, Group Director Customer Interactions at Aldi Australia, the basic website is the retailer...
24 May 2021
South Korea’s largest supermarket chain operator Emart (owned by Shinsegae) revealed in its shareholder meeting documents in May that it will exit Vietnam. Set to exit after six years of operation The company announced that it will sell 100% of its interest in Emart Vietnam Co. Ltd., which was opened in 2015. Emart entered Vietnam with one supermarket in Ho Chi Minh city, which had an in...