Retail and consumer goods industry news

27 September 2021
Mercadona is investing in Cimcorp’s automated intralogistics systems for four of its distribution centres. Cimcorp has supported Mercadona’s automation efforts since 2013 where, at its distribution centre near Granada, it applied a fully automated order picking system for the retailer’s fresh produce. Who is Cimcorp? Cimcorp has developed unique robotic solutions for order fulfilment and st...
27 September 2021
Unilever, L’Oreal, Henkel, LVMH and Natura & Co are forming a global beauty consortium to develop together an environmental impact assessment and scoring system for suppliers in the cosmetics industry. Brand-agnostic assessment using a science-based methodology This group of five global beauty and personal care companies is inviting more cosmetic companies to join the initiative.  The aim is ...
27 September 2021
COVID-19 may have dampened consumer spending during Deepavali in 2020, but online retailers and suppliers in India are now preparing for ‘revenge spending’ that will likely boost demand during India’s biggest festive season this year. Consumers are eager to fulfil their wants vs. last year’s focus on needs Shoppers in India are now looking forward to go out and celebrate festivities with ca...
24 September 2021
We review Costco’s fourth quarter and full year results and the challenges it is seeing with higher costs, shipping capacity and labour shortages. Fourth quarter and full year key numbers Q4 total revenue up 14.8% to $62.7bn, with full year revenue up 17.5% to $196.0bn Comparable sales for the quarter (ex-fuel and currency impacts) up 9.4%, including up 10.3% in the US, 6.7% in Canada...
24 September 2021
Quick commerce is becoming increasingly competitive in Latin America. The sector is currently dominated by local operators, including Rappi, Cornershop (recently acquired by Uber), and iFood. These businesses have profited from their local know-how, such as understanding consumption habits and knowledge of LatAm’s complex road networks, which is fundamental for logistics and delivery.   This y...
24 September 2021
After the high rate of growth seen in H1 2020, when the conditions of the early pandemic response drove convenience sector sales up 10.7%, performance in 2021 has naturally faced very tough comparatives. But while the negative out-turn in the period January – June 2021 represents an expected partial ‘correction’ to sector value and growth, the trajectory of convenience still remains ahead of pre-...
24 September 2021
Emart24, the convenience chain of South Korean retail giant Shinsegae, said this month that it will increase the number of “hybrid” semi-unmanned stores that operate without workers late at night. Part of the cost-saving initiative It is part of the initiative to save costs by cutting down manpower. 80% of Emart24’s 5,300 stores are closed or without staff from 11pm to 6am, instead of openi...
24 September 2021
Tesco has pledged to becoming net zero across its value chain by 2050, including those generated by the products it sells and across its supply chains, in line with the United Nations’ objective to keep global warming below 1.5°C. In addition to a new Group-wide net zero target of 2035 for all its own operations Tesco has also committed to a new Group-wide net zero target of 2035 for its ow...
24 September 2021
CP Group will reorganise and merge Makro and Lotus’s chain of stores to create a stronger entity for overseas expansion. A more efficient growth strategy The group operates mostly wholesale stores under Makro, and hypermarkets, supermarkets and convenience stores under Lotus’s. The merger will strengthen the group's business and support long-term strategies to become a leader in the retail ...
24 September 2021
Food delivery platforms are piloting a common acquirer model to support hawkers so they will not need to pay commission or onboarding fees. What is it? Deliveroo, FoodPanda, Grab and WhyQ will be participating in this pilot covering 400 stalls across 14 hawker centres. Hawker centres are open-air food courts in Singapore that typically charge between SGD3.50 (US$2.60) to SGD5 per meal (US$3...