News

Retail and consumer goods industry news

10 February 2014
Carrefour's e-commerce director for non-food, David Schwarz, has outlined his plans to develop the brand in digital commerce. 'Putting the physical at the heart of the offer' Mr Schwarz has been in his role for one year, and says he has been inspired by pure players like Amazon, CDiscount and others, including Walmart and UK retailers, to develop a fully multichannel offer at Carrefour. I...
10 February 2014
Poundworld has announced it will launch its online offer, Poundshop.com on Tuesday 11 February at 2pm. Joint venture Poundshop.com is a joint venture between Poundworld and Steve Smith, the co-founder of Pouundland which will see Poundworld supplying thousands of its products to the online store. The site, which will go live at 2pm on Tuesday 11 February is expected to offer over 1,000 product...
10 February 2014
Migros has launched a campaign called Élaboré chez nous (Made by us) to promote the wide variety and diversity of private label products made in its own production facilities. Showcasing closeness to customers Migros manufactures nearly 10,000 products, from chocolate to sunscreen. The retailer's head of marketing, Hansueli Siber, believes this capability allows Migros to satisfy cust...
10 February 2014
Grupo Éxito, Casino's Colombian business, has acquired 50 discount stores from regional retailer Super Inter. Includes full acquisitions and licence agreements Éxito has entered into an agreement with Super Inter's parent company, Comercializadora Giraldo Gómez y Cía, which will see it acquire ownership of 19 stores and licence agreements to operate 31 others, for a period of five years. Éxi...
10 February 2014
According to the Ministry of Commerce, catering and retail sales during the seven-day holiday (January 31-February 6) for Chinese New Year grew by 13.3 per cent to RMB 610.7 bn (USD 101bn). The growth slowed from previous years, possibly due to the government’s crackdown on corruption and lavish spending by public officials. The growth rate in the same period in 2013 was 14.7 per cent and 16...
10 February 2014
Major UK wholesale buying group, Today's has kicked off 2014 with a major campaign to build the uptake of its new private label ranges amongst members and their retail customers.  Under the title of 'Margin maker!' Today's Group members are offering promotional wholesale prices on a range of its Today's Select private label products, enabling retailers to make a minimum of 40% profit on retail on...
07 February 2014
Poundland, the UK's leading high street fixed price discounter has announced it is to open a number of stores in Spain under the Dealz fascia. Possible wider roll out Poundland has outlined plans to open 10 stores in Spain over a two-year period ahead of a possible wider roll out if the trial is successful. The retailer will be using the Dealz fascia, which is currently used in Ire...
07 February 2014
The retail division of South Korean Lotte Group reports full year results and receives approval for listing in Singapore. One billion dollar deal Lotte Shopping has received approval to list on the Singapore Exchange, a move which would support further expansion in Asia and raise brand awareness. Anticipated to raise as much as USD1bn, this would be the largest overseas listing from a K...
07 February 2014
Thailand's Central Group expands its footprint in Vietnam, the latest retailer to seize the opportunities in the Vietnamese market. First overseas Robinson department store for Central Retail Whilst Central Retail already has a retail presence in Vietnam, this is the first Robinson department store to open overseas, which will operate under the banner Robins. Located in Hanoi's Royal City ...
07 February 2014
7-Eleven has partnered with Foodpanda to launch a delivery service in Malaysia.  "Extra convenient" option for shoppers: how does it work? Shoppers can access the service via an app or through the website, as well as by telephone. The product range includes drinks, snacks, daily essentials and a small selection of non-food items as well as cigarettes and mobile phone credit. Deliv...