News

Retail and consumer goods industry news

20 November 2013
Future Group is negotiating a new acquisition, M&S plans largest overseas expansion and AEON considers new market entry... Future Group negotiating Nilgiris acquisition The Future Group is in negotiations for the acquisition of Nilgiris supermarket chain, the Economic Times reports. Comprising of over 90 supermarkets around Bangalore, Nigiris is majority owned by a private equity firm Act...
19 November 2013
The online channel has attracted a lot of attention in the Netherlands since Albert Heijn’s strategic move to add Pick Up Points in late 2012. Two developments highlight how the channel is growing in importance in the market. Albert Heijn launches online-specific advertising campaign Albert Heijn has launched an advertising campaign to encourage shoppers to try online shopping, under the tag ...
19 November 2013
Cencosud has reported a 14% rise in revenue, in Chilean peso terms, for the third quarter of 2013, driven by supermarkets and a good performance in Chile and Argentina, but a fall in net profit. Positive revenue growth across region All divisions posted positive growth in revenue and Cencosud opened a net 11 stores across its operating markets. It pulled out Argentina as a highlight of ...
19 November 2013
Portugal-based Sonae MC – the retailer’s food-oriented business – has announced sales were 4% higher in the first nine months of 2013 versus the same period in 2012. Retailer boosted by strong strategic developments Sonae said that sales were 4% higher at €2.5 billion, aided by increased volume sales at its stores. The retailer said that it had gained share in its home market ‘ benefiting fro...
19 November 2013
Germany-based Rewe has announced that it will join the Payback loyalty programme in the first half of 2014. Payback to give Rewe data insight By joining the scheme Rewe will gain access to valuable shopper data, which should help it to mitigate differences with rivals like BP and Metro. To fund the implementation of the loyalty programme – through the addition of card terminals in stores – th...
19 November 2013
Supeco, Carrefour's hybrid cash & carry/hypermarket format in Spain, has revealed a new corporate website. Clear website highlights low price positioning The site is simple and clear, in line with the format's positioning. Using grey, yellow and black, it highlights Supeco's low prices, the savings customers can make and the wide product range. Four stores are now in operation, in Sevi...
19 November 2013
Metro Group’s hypermarket division, Real, will sell meat as a part of its online offer on real.de. Exclusive assortment With this move, Real is aiming to create a stronger link between its online and ‘bricks and mortar’ business by offering shoppers the convenience of online ordering from the departments which are otherwise only available in-store. Only premium and exclusive meat varieti...
19 November 2013
Auchan intends to open 10-14 hypermarkets in Russia next year, according to the Kyiv Post. Agreements already signed for ten stores Jean-Pierre Germain, director general of Auchan Russia, revealed the plans in a press conference in Moscow on 18 November. There are already agreements in place for three Auchan hypermarkets, three Auchan City hypermarkets and four stores under the Nasha ...
19 November 2013
The hard discounter Lidl has revealed its plans to invest over EUR100m in its Finnish operations in 2014, as it looks to capitalise on its growth in the country. Aiming for top three According to the local press, the retailer will look to add more new stores next year, as it is aiming to become the third-largest grocer in Finland by the end of 2014. The efforts will in particular be conc...
19 November 2013
Figures from Kantar Worldpanel for the 12 weeks to 10 November 2013 indicate that the UK grocery retail market grew by 3.2% in this latest three month period.  While the Kantar measure of inflation fell back to 3.7%, suggesting a slowing of price increases, this remains ahead of the market meaning that sector volumes are unlikely to be growing. 12 weeks to 11 November 2012 (% ...