News

Retail and consumer goods industry news

29 November 2013
Spain-based El Corte Ingles, through its hypermarket banner Hipercor, has announced that it will offer discounts to large families (those with three or more children), following an agreement with the Spanish Federation of Large Families (FEFN). Discounts to focus on selected ranges El Corte Ingles said that it will offer discounts of between 20% and 25% on 16 items each month, on products r...
28 November 2013
Retail is changing. It is more fluid and shopping often starts in the kitchen, through an app. Journeys are no longer predictive. They are increasingly iterative and retailers work hard to offer a seamless experience. As boundaries blur, apps are becoming a key weapon in the elusive search for loyalty. Grocery apps do not just allow for one-to-one communication with shoppers, they exist to mak...
28 November 2013
Asda has begun promoting its first 'Walmart Black Friday at Asda' event which will offer time-limited price cuts on thousands of products from this Friday until Monday. Creating excitement in store The event will involve price cuts on 500,000 products, including televisions, smartphones and toys. All deals will be exclusive to Asda and not available online, so should drive footfall to st...
28 November 2013
With Tesco looking to establish multichannel leadership wherever it trades, we examine four of the latest developments that have emerged this week. 1. Trialling same-day delivery for online grocery orders According to press reports, Tesco has been trialling same day deliveries for its online grocery service in Mansfield, Nottinghamshire and if successful we could see a wider role out of t...
28 November 2013
Leclerc has launched a new, sociable gift card offering customers a range of benefits over traditional gift cards. Innovative features Leclerc’s ‘e carte cadeau’ enables users to create digital or paper gift cards within five minutes, which multiple people can contribute to. Users first create an online ‘pot’ and invite participants through email or Facebook. Once the gift card has reached...
28 November 2013
The Co-operative Food has begun the launch of its online grocery service, with the introduction of click & collect groceries at its Marple store in Stockport, according to press reports. Soft launch ahead of rollout to customers Commenting on the move, a Co-operative spokeswoman said: “The soft launch is aimed at Marple store staff and is due to launch later this week. Once this is evaluat...
28 November 2013
Lidl has highlighted its continued growth in Germany and across Europe, revealing short-term expansion plans for several markets. Strong performance in Germany Lidl’s sales growth continued unabated in its home market, according to German trade publication Lebensmitelzeitung (LZ). LZ reports that the hard discounter increased sales by over 8% in 2013, outperforming Germany’s grocery marke...
28 November 2013
At the retailer’s 2013 investor day, Portugal-based Jerónimo Martins has set out its vision for what the company will look like in 2016, saying the Biedronka will remain its engine for growth, while it will continue to enhance value in Portugal and expand in its new market of Colombia. Retailer sets out annual sales growth targets Jerónimo Martins said that it was expecting annual sales growt...
28 November 2013
Following the purchase of the ICA chain earlier this year, ICA Gruppen has undertaken a strategic review, resulting in updated financial targets and the divestment of some units. While some targets remain, ICA now seeks to improve operating margin and reduce debt ICA is now working towards the following long-term targets: • To grow faster than the market (unchanged) • Achieve an operating...
28 November 2013
Sobeys has launched its first Sobeys ‘extra’, in Burlington Ontario. The new format, which is linked to the retailer’s new Better Food for All mission, aims to offer an enhanced shopping experience through additional departments, products and services. .style1 { text-align: right; }.style2 { text-align: center; } Format brings new brand positioning to life Sobeys launched its new brand...