News

Retail and consumer goods industry news

10 January 2014
The Yorkshire-based chain has revealed that it experienced "healthy" Christmas trading and plans to open 50 more stores this year. Healthy Christmas for Poundworld Christmas trading for Poundworld showed healthy increase with the company's LFL sales during the trading period up 3% on 2012. Furthermore, customer numbers reached a record two million per week. Poundworld continues expansion in...
10 January 2014
Morrisons has made its first online grocery deliveries, completing the launch of its much anticipated e-commerce venture. Online success, alongside the expansion of its convenience store network is a crucial element of Morrisons strategy for growth. The launch follows the release of disappointing Christmas trading results  when Morrisons revealed LFL sales fell by 5.6%. Midlands launc...
09 January 2014
Number four UK supermarket, Morrisons has announced like-for-like sales (ex fuel) down 5.6% for the six weeks to 5 January 2014, covering the key Christmas trading period. Total sales fell by 1.9%, as Morrisons shoppers elected to economise and manage their budgets very tightly over the festive period. Still underrepresented in online and convenience While the other leading UK groce...
09 January 2014
Japan-based convenience store operator Lawson has announced third quarter results saying that it enjoyed a rise in operating income, despite “challenging” trading conditions in its home market and internationally. Revenues fall, but investment in strategy to continue Lawson said that its gross operating revenue had contracted by 0.6% during the first nine months of its financial year, affecte...
09 January 2014
Greggs has reported total sales for the 5 weeks ending 4 January 2014 grew by 4.8%, with like-for-like sales up 3.1%. These results represent improved trading figures for Greggs, which last year reported a 2.9% decline in LFL sales for the same period. Investment in product initiatives The baker has also reported its total sales were up 3.8% for the 52 weeks ending 28 December 2013. For the sa...
09 January 2014
According to reports in Lineaires, Dia has opened three stores in Madrid under the Fresh by Dia banner, evolving the offer of its Dia Fresh format. Foundations come from Dia Fresh As per the Dia Fresh format Fresh by Dia stores will measure about 150 sq m, carry a range of 2,800 SKUs and target city-based shoppers through a focus on fresh. Where the stores will differ is in relation to their ...
09 January 2014
Investment in Christmas ranges and revamped food halls has paid off for M&S and helped compensate for disappointing sales in general merchandise. Key results for Christmas trading period (8 weeks to 24 December 2013) Total food sales: +3.8% (+1.5% LFL) Total UK sales: +2.7% (+1.0% LFL) GM sales: +1.5% (+0.5% LFL) M&S.com sales +24.1% International sales: +8.2% Christma...
09 January 2014
Switzerland's Manor has reported strong growth in its online sales in 2013, with its websites receiving more than eight million visitors. Turnover for the core department store business was CHF2.8bn, level with that of 2012. Will continue to expand online offer in 2014 Manor worked to expand and strengthen its online offer in 2013, in fashion, perfumery, toys and wine. It will continue ...
09 January 2014
A polarisation in performance is the clear trend revealed in this week’s Christmas trading results, with shoppers favouring clearly positioned premium or value oriented retailers. Shoppers also opted to spend more online and at convenience stores, pressurising the performance of larger format stores. Here we present our initial summary of Christmas trends and predictions for 2014. Key tre...
09 January 2014
Leading discounters are expected to open over 400 stores combined in 2014, while a new discounter has entered the market.  Biedronka set to open 300 stores as parent expands into drugstores Poland's fastest growing discount chain, Biedronka plans to expand its market share over the next year with the expected opening of 300 new stores. Biedronka's Portuguese parent, Jer ó nimo Martins is inc...