Retail and consumer goods industry news

11 November 2013
It has been announced that The Co-operative Group is to spend hundreds of millions of pounds redeveloping its food stores whilst also changing its Christmas dividend. Food is at the heart of the business Euan Sutherland, Chief Executive of The Co-operative Group has announced the food retail business is at the heart of the group's strategy. However, he also acknowledged that amid weak sales ...
11 November 2013
Walmart is to build and test a small-format convenience store in Bentonville, a company spokesperson told The Northwest Arkansas Business Journal . Opportunity to take learnings from the wider business Walmart's new store, which will be located on a fuel station, is scheduled to open early next year and will offer a range of convenience orientated products and key staples. This will be th...
11 November 2013
In an interview with Arabian Business, the managing director of EMKE Group, which owns LuLu, M A Yousuf Ali, said that the retailer was aiming to add 42 hypermarkets by the end of 2015 in existing and new markets. Expansion to continue in existing markets… Yousuf Ali said that the retailer was aiming to add to its 104 stores in the Middle East by opening seven new hypermarkets in the UAE, six...
08 November 2013
Coop Italia has launched a new campaign, Origini Trasparenti to provide sourcing information on over 1,400 Coop private label products. Technology plays key role in initiative This information is available through a dedicated website where consumers can find product information by searching the website or scanning the barcode. An app for iOS and Android is also available. Campaign showcase...
08 November 2013
Loblaw has been named as the official grocery retailer and premier partner of the Toronto 2015 Pan Am/Parapan Am Games. Opportunity to leverage the event for in-store initiatives This is a major event within the Americas, held every four years in the year before the summer Olympic Games. Loblaw will be providing fresh and nutritious food choices for almost 7,500 athletes and 20,000 voluntee...
08 November 2013
Following on from the announcement earlier this year, One Stop has extended its franchise trial. Five stores now in the trial The retailer has announced it now has five stores taking part in the franchising trial. The initial trial store is in Wiltshire, with two stores now participating in both the Midlands and Wales. The model being trialled by One Stop allows independent retailers to run ...
08 November 2013
Asda has announced that it is to trial new in-store banking branches in partnership with Barclays. Four pilot branches to open The new branches will open from February 2014. The first will be at Birchwood, Cheshire, with further branches opening at Pudsey in Leeds, Watford and Broadstairs, Kent. A further four stores are expected to open banks in the first half of next year, replacing nearby...
08 November 2013
Brazilian drugstore operator, RaiaDrogasil has reported an increase in gross revenues of 15.9%, with same store sales growth of 9.9%. Costs increase at drugstore operator General and administrative expenses increased by 18% and sales expenses increased by 21% versus the same period last year. The rise in costs was partly attributed to payroll inflation, logistics costs and social charges...
08 November 2013
Netto, the discount arm of Germany’s largest retailer Edeka, has recently launched an online shop selling exclusively non-food products. Broad non-food assortment The new online shop offers a variety of non-food items across numerous product categories, such as furniture, household and clothing. The range comprises 7,000 SKUs, with more than half falling under the home and furnishing cat...
08 November 2013
Edeka has relaunched its fresh produce private label ranges ‘Rio Grande’ and ‘Gärtners Beste’ (Gardener’s Best) under the Edeka umbrella brand. Differentiation through packaging Over 120 fruit and vegetable products were relaunched to create a modern, eye-catching appearance and improve on shelf visibility. New packaging now carries Edeka’s logo and highlights product attributes such as qua...