Retail and consumer goods industry news

15 May 2013
Twice as many shoppers are interested in using online tools to help them shop around for the best promotions and prices than in 2010. Digital connectivity and shopper savviness drive trend A new report from ShopperVista identifies online promotional cherry picking as the web-enabled behaviour most likely to be adopted by British grocery shoppers in the future. A third of shoppers now tell us ...
15 May 2013
Metro Cash & Carry plans to open six new stores in the Moscow Region before 2020, according to Russian press reports. At least three new stores in 2013 Speaking to the Russian press, MD Pieter Boone said that three 'classic stores' will open this year, in Serpukhov, Podolsk and Noginsk. In addition, some 20 Metro Punkt outlets are planned in five to seven years' time. These cash & carri...
15 May 2013
Slovenia-based Mercator has announced first quarter results saying that ‘persistently negative economic trends’ had led to revenue contracting by 2.6% to €658 million. Economic crisis keeping ‘consumption… conservative’ Mercator highlighted the economic difficulties being faced by shoppers in all the markets it operates in. For its home market, Slovenia, the retailer said that ‘ the negativ...
15 May 2013
Sonae MC has reported turnover growth of 4% for the first quarter 2013, and EBITDA up by 22%.  Focused on delivering value to consumers Austerity measures in Spain and Portugal led to a reduction in private consumption - Sonae quoted figures estimating a fall of 3.9% in the first quarter. Despite this negative context, Sonae's increased levels of promotional activity helped drive s...
15 May 2013
The German pharmacy operator Celesio has announced a dip in profit for the first quarter of 2013. Intense competition within German drugs wholesale market Europe’s largest drug distributor has announced an unexpected decline in earnings from the first quarter of this year. The decline in the company’s earnings year-on-year and group’s sales falling by 5% to 5,361.6 million Euros can be attri...
14 May 2013
German retailer Bünting has acquired 33 Minipreis-Märkte stores from the Klingenthal group, subject to regulatory approval.  Stores to retain Minipreis-Märkte fascia The acquisition also includes the Minipreis-Märkte headquarters, staff, and distribution centre in Salzkotten, North Rhine-Westphalia.  The stores, in Ostwestfalen, Hessen and Thüringen, will retain the Minipreis-Märkte fasci...
14 May 2013
Kenya-based Uchumi’s chief executive, Jonathan Ciano, has announced that the retailer will open a further 13 stores in east Africa in the next year. Cash call to fund growth Ciano said that the company is preparing a cash call and a cross listing of its shares to enable it to invest in markets across the region. Uchumi will list shares on bourses in Rwanda, Tanzania and Uganda to generate fun...
14 May 2013
Coles has cut the prices of some of Australia's most popular brands in the latest round of price reductions under its popular 'Down Down' campaign. Great value on four big brands The latest round of cuts will see 40 new products added to the retailer's 'Down Down' list of EDLP products. However, following customer research that found 75% of Australians would purchase big brands when discounte...
14 May 2013
Woolworths has declared its rollout of iPads to its store managers a success, with the initiative allowing them to spend an extra working day every week on the shop floor. Technology enabling more time in customer facing roles In August 2012, the retailer issued all of its 890 store managers with iPads, enabling them to free up time traditionally spent in the backroom in front of a computer a...
14 May 2013
FEMSA Comercio has announced its second pharmacy chain acquisition in Mexico. Follows acquisition of Farmacias Yza FEMSA Comercio has acquired Farmacias FM Moderna, a drugstore operator in the western Mexican state of Sinaloa.  FM Moderna operates more than 100 stores in the state.  FEMSA said the move was part of "advances in its strategy to establish a relevant position in this attractive ...