Retail and consumer goods industry news

02 July 2021
Walmart-owned Flipkart has launched Shopsy, a new social commerce platform.  It can benefit individuals and small businesses who can now resell products in their own networks, through social messaging apps such as WhatsApp. Free for individuals & small businesses, who earn a commission for selling Shopsy is a social commerce platform that will allow budding entrepreneurs to register on the ...
02 July 2021
In its latest accounts filed with Companies House (for the year ending June 2020), Bestway the leading independent UK wholesaler reports that following three quarters of falling sales up to March 2020 thereafter growth accelerated rapidly, with the last three months of the period driving the full-year outcome positive as a result. Total wholesale group sales at £2,463m Including wholesale o...
02 July 2021
Given its size and population, Brazil has comparatively few convenience stores. There are a handful of forecourt convenience operators, like ampm which operates over 2,000 stores, but leading grocery convenience store players (GPA and Carrefour) have less than 400 stores combined. OXXO, the region’s largest convenience retailer, opened its first store in Brazil in December 2020 and set out amb...
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...