News

Retail and consumer goods industry news

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...
13 February 2014
In collaboration with local retailer Rustan's Group, Tesco has opened the first standalone F&F clothing stores in the Philippines. Extending F&F's global reach through franchise partnership Launching its first store in the end of January, a further two stores have already opened their doors, and all three are located in Mindanao, southern Philippines. F&F is preparing to enter the capital, ...
13 February 2014
SPAR Russia has announced full year results for 2013 saying sales rose by 26% to RUB57 billion (US$1.6 billion). SPAR spotlights 2013’s key successes SPAR said that during 2013 it had added four new partners: SPAR Tomsk (Lama Group), SPAR Altay (TD Anix), SPAR Kaliningrad (Semya Group), and SPAR Bashkortostan (Prodtovary), extending the retailer’s reach in Siberia, the Urals and western Russi...
13 February 2014
Auchan France has reorganised its hypermarkets management committee, according to reports in the French trade press. Move is to simplify and increase organisation's agility Vincent Mignot, director general of Auchan France, has said that the retailer's hypermarket business had a difficult year in 2013; Auchan is not due to release results until March. In addition to M. Mignot, who has head...
13 February 2014
While there is an expectation that grocery retailers will be driving sales of flowers, confectionery, greeting cards and novelty gifts this week for Valentine’s Day, the focus is now much broader as they look to drive sales uplifts through a broad range of categories. Focus on the bakery for sharing treats A series of store visits in the US last week, demonstrated how retailers were gearin...
13 February 2014
There is speculation that a key international player may be reviewing its position in the market - might this include the potential for multi-brand retailing? FDI update Early this year two Indian states, Delhi and Rajasthan, decided against Foreign Direct Investment (FDI) in multi-brand retailing, having formerly approved it. Each state has the authority to make this decision. The adve...
13 February 2014
Store conversions continue to be rolled out by Penny in Germany, while Rewe's organic private label range leads in Austria. Penny refurbishment progress full steam ahead Entering into its third year of refurbishment, Penny Rewe's discounter banner, is gaining ground, with about 1,400 stores converted to the new format. This is out of a total 2,230 stores planned to be completed by the end of 20...
13 February 2014
The Norwegian Competition Authority has advised that they plan to stop cooperation between ICA Norway and Norgesgruppen. The retailers have until April 25th to submit their comments, after which the Norwegian Competition Authority will share their decision. Appeal cannot be made yet After this point, an appeal can be made. According to a press release from ICA, the retailer is undecided as to ...
13 February 2014
Intermarché is launching a new, more participative and inclusive loyalty scheme which will include the chance for customers to choose their own promotions. New communication plan will ask customers what they would like The communication plan centres on the theme of 'la grande interview' - a comprehensive survey of consumption which will be published three times per year. Intermarché's ma...
13 February 2014
Sainsbury's has announced that it will open another 60 convenience stores in London and the South East. Seizing the convenience opportunity in London In London Sainsbury's is increasingly tailoring its formats to catchment opportunities, while also flexing store sizes from 1,500 sq ft to well beyond 3,000 sq ft. Good examples of this are Sainsbury's Superfresh store in Earlsfield and its ne...