Retail and consumer goods industry news

02 July 2021
Asda has moved to introduce a new rapid delivery service. The service, which follows a successful trial will be available on its full range of over 30,000 products. The initial launch will see three Asda stores offering the service from this week, with a quick rollout possible should it take off. Customers will be charged a flat rate of £8.50 for each delivery but there is no minimum spend ...
01 July 2021
China has concluded its mid-year ecommerce shopping festival, 6.18, the country’s second largest ecommerce shopping event, just second to Single’s Day (11.11). We have identified five key learnings from this year’s event, which are discussed below. 1. Overall sales +26.5%YoY, driven by buoyant consumer spending China data firm Syntun estimates that the GMV of this year’s 18-day event reache...
01 July 2021
The South Korean retailer has created the unit by merging its two existing retail arms – the old GS Retail and GS Home Shopping. The new retail business unit consists of four sub-units The new GS Retail, officially launches on Thursday 1 July 2021, consists of four sub-units: GS25 (convenience stores) GS Supermarket (supermarket format) Online platforms, and Home shopping bus...
01 July 2021
Amazon Prime Day was on June 21 st and 22 nd offering more than 2 million deals and new exclusive promotions across Prime Video, Amazon Music and Prime Gaming. Last year’s Prime Day was moved back, into Q4, due to COVID-19. With a smaller gap between the events, it might have been challenging for suppliers to secure enough inventory and support with heavy discounts. Amazon drove visibilit...
30 June 2021
In May, Carluccio’s and Sainsbury’s announced their partnership plans for a trio of concepts in Sainsbury’s stores – Caffe Carluccio’s, Carluccio’s Counters and a Restaurant Hub. Earlier this month, the first Caffe Carluccio’s was opened in Sainsbury’s St. Albans superstore. Now, Boparan Restaurant Group (BRG) – who acquired Carluccio’s for £3.4m in 2020 – are trialling Carluccio’s self-serv...
30 June 2021
With more than 14,000 stores globally, Couche-Tard’s vision is to become the world’s preferred destination for fuel and convenience. Its mission is to make its customers’ lives a little easier every day. We review the retailer’s future outlook and annual results for the year ending 25 April 2021. Key numbers Fourth quarter merchandise and service revenues up 15.2% to US$3.7bn Same-sto...
30 June 2021
As Auchan looks to expand its use of renewable energy and help promote the circular economy in Portugal and Spain, we round up news from the retailer. Auchan signs partnership to increase use of green energy Auchan has signed a partnership agreement with Voltalia and its subsidiary Helexia to support its transition away from conventional energies and increase its use of green energy. The in...
30 June 2021
The South Korea convenience operator announced that it has launched a delivery service using an artificial intelligence-based robot at a second location in Seoul. Increased efficiency and commercial gain The second AI-powered robot has been launched at GS25's GS Tower branch in Yeoksam-dong in the Gangnam area. The company first unveiled the service last year. The robots can carry up to 15 ...
30 June 2021
Metcash has released its annual results for the year ending 30 April 2021 with sales up 10.1% to AU$16,361.1m and EBIT up 19.9% to AU$401.4m. With sales significantly benefitting from changing shopping habits driven by the pandemic, as well as the retailer's progress against its strategy, we pull out our key learnings from the results and what to expect next. Food sales up 3.1% to AU$9,389.7m ...
30 June 2021
In its new UK channel forecasts report, IGD maps out its expectations of how the food and grocery sector will move on from last year’s exceptional expansion. IGD predicts that last year’s 8.5% growth will slow to 1.7% in 2021 and then to 0.9% in 2022, as shoppers economise and the foodservice sector reclaims sales. This sharp decline will be followed by a period of modest recovery, that wil...