News

Retail and consumer goods industry news

15 July 2013
Valora and Lekkerland have established a 50-50 joint venture called Emere AG, to combine their purchasing activities. Will negotiate joint basic purchasing terms Emere AG will negotiate joint basic purchasing terms for a defined product range, from a defined list of suppliers in Switzerland. It will not be responsible for purchasing cigarettes or private label products for either Valora ...
15 July 2013
Waitrose has announced that it will launch an in-store restaurant concept following the success of its cafes. Family oriented dining The restaurant will be a relaxed family concept with items such as pizza, beef burgers and steaks offered, and will be waiter service. The menu will also provide an opportunity for Waitrose to showcase some of the products it sells in store and leveraging its re...
12 July 2013
Waitrose is trialling temperature controlled click & collect lockers at its head office as it looks to step up its online development. Staff trial The lockers are currently being trialled by staff at Waitrose head office in Bracknell, before finalising the rollout to stores next year. Shoppers who place an online order with Waitrose will be sent a text with a PIN for the lockers. The...
12 July 2013
The Russian cosmetics and household convenience chain, Ulybka Radugi, has announced it is piloting facial recognition technology at its checkouts. Facial recognition and detecting emotions The retailer said that cameras will be installed at checkouts that will recognise shoppers’ gender, age and emotions to determine their mood. Combining this recognition with purchase records, taken from ...
12 July 2013
O’Key, a leading Russian grocery retailer, has announced its unaudited results for H1 and Q2, ending June 2013. Sales grow 19.3% in H1 O’Key recorded sales worth RUB 64bn (US$ 2.0bn) for the first half of 2013, representing a 19.3% increase compared to the same period in 2012. Q2 sales grew 21.5% year-on-year in 2013, reaching RUB 33.1bn (US$ 1.0mn). Like-for-like sales grew 7.5% for the...
12 July 2013
Unaudited results show that sales have grown by 7.9% at X5 Retail Group in the six months to the end of June, reaching RUB259.4 billion (US$7.9 billion). Convenience stores growing fastest In the first half of 2013 X5’s sales were driven by its Perekrestok Express and Kopeyka convenience store chains, which achieved sales growth of 83%. Supermarkets and hypermarkets recorded sales incr...
12 July 2013
Shoppers make a range of decisions that will influence their purchase before even reaching the store, ranging from the type of channel to attitudes to ethical or private label shopping. We have pulled out some trends from our ShopperVista monitor of British grocery shopper sentiment. If you work in the industry, they will help you understand what shoppers are currently doing and why… Mu...
11 July 2013
As the retailer announces strategic developments in Greece, Montenegro and US, we examine the retailer’s priorities and its approach to growth ahead. Retailer to sell operations in Montenegro Delhaize has announced that it has agreed to sell its 25 stores in Montenegro to locally-based Expo Commerce. The retailer said that Expo Commerce will run the stores under franchise and will maintain...
11 July 2013
German retailer, Tengelmann, has posted sales of €11.1bn for the year ending December 2012. Encouraging result in difficult conditions Tengelmann’s full year sales of €11.1bn represent a 2.9% increase compared to the previous year, with two thirds of its sales coming from its domestic market of Germany . CEO Karl-Erivan W Haub commented that “despite continued difficult overall conditi...
11 July 2013
Sainsbury's has reaffirmed its ambition to grow its store portfolio further and announced a distinctive development in private label. Reaffirming growth ambitions Speaking at the company's Annual General Meeting, CEO Justin King said that there was "much opportunity to grow our business into the the future."   This year Sainsbury's plans to grow gross space by around 5%, a target that will d...