News

Retail and consumer goods industry news

17 February 2014
Jerónimo Martins wants to open 50 franchised Pingo Doce stores over the next five to six years, says its chief executive Pedro Soares dos Santos. Stores will be outside major urban cities The 1,000 sq m outlets will be away from major centres like Lisbon and Oporto, to help the group develop its neighbourhood stores business and get closer to customers. Speaking at a press conference, ...
17 February 2014
Lekkerland is to supply 55 De Haan service stations, as of 1 March 2014. Extends an existing contract Lekkerland will supply fresh and frozen bakery products to De Haan's 55 service stations. The parties have a contract from January which involves the supply of tobacco, confectionery, beverages, non-food and e-vouchers. De Haan also uses Lekkerland's Piacetto coffee system, including co...
14 February 2014
This year, Valentine's Day falls on the last day of the Chinese New Year celebrations, the Lantern Festival. As East meets West on a Friday, it has all the makings of a retail 'perfect storm' across the country. Most retailers are trying to combine the two promotions into one and attract both young people celebrating Valentine's Day and shoppers who are buying food for the whole family into ...
14 February 2014
Conad, Colruyt, Coop Schweiz and Rewe Group have launched the new alliance, Core, established following Leclerc's exit from Coopernic. Board consists of eight members Headquartered in Brussels, Core operates under the legal jurisdiction of a Belgian co-operative company and is present in 18 European countries via its four partners. The four retailer partners combined have a turnover of ...
14 February 2014
We look ahead to spot the 'game changers' that will significantly impact retailers and suppliers in 2014. Innovation has reached supersonic speed, so be ready for transformational developments that will empower shoppers to expect more from the industry. 1. Price comparison We all know that shoppers want to live better for less, and in today's online world complete price transparency is in t...
14 February 2014
As part of its Q4 2013 results, in which it reported double digit growth in gross revenue for both the Consolidated and Food businesses, Grupo Pão de Açúcar said it has "definitively selected the multichannel approach as our strategic priority." Food retail recorded best performance of the year GPA Consolidated reported gross revenue growth of 14.6% in Q4 2013, with the Food business ...
14 February 2014
Sean Toal, The Co-operative Food's Chief Operating Officer is to leave the business and take up a new role at Wilkinson.  14 years at The Co-operative Toal is set to take up the role of Chief Operating Officer at the discount variety chain after 14 years at The Co-operative. Reports in the trade press suggest Head of Retail, Steve Murrells, issued a briefing to all senior managers ou...
13 February 2014
Sobeys is to sell to 30 stores in Western Canada, with separate deals agreed with the Overwaitea Food Group and Federated Co-operatives Limited. Required divestments as part of the Canada Safeway deal These stores form part of the October 2013 Consent Agreement with the Competition Bureau which Sobeys signed in relation to its purchase of Canada Safeway. While this required the retailer to...
13 February 2014
As retailers increasingly target this key event, we update on the latest initiatives in-store and online.  Meal deals under the spotlight Valentine's Day presents a great opportunity to showcase meal deals, particularly as retailers aim to differentiate more through the distinctiveness of the private label offer. Waitrose and M&S both pitch their meal deals at £20 for three courses with ...
13 February 2014
Having entered the Australian market only thirteen years ago, new research suggests that Aldi has now become Australia's third largest grocery retailer. Market share hits double digits According to the latest research coming out of Australia, Aldi has grown its market share to a new high of 10.3%. This is the first time that Aldi has reportedly had a double digit market share in Australia and...