News

Retail and consumer goods industry news

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...
07 February 2014
Coop Danmark, Denmark’s largest grocery retailer has announced the opening of more Fakta Q stores, the retailer’s hybrid discount convenience chain that it first launched in 2010. Format to grow to 25 stores by March Earlier this week, the retailer opened four new Fakta Q stores in Espergaerde, Aalborg, Naestved and Slagelse. Next month, the retailer plans to open a further seven stores. This...
07 February 2014
Amazon has integrated Flow image recognition technology into its mobile app, making it even easier for shoppers to add everyday items to their Amazon shopping baskets. Removing barriers to make shopping easy Flow is a new technology from Amazon equipped to recognise everyday items listed on Amazon's site. Shoppers simply point their phone at the object to scan it and if recognised can add it to...
07 February 2014
Brazilian retailer Angeloni is to invest R$160m in opening four stores in 2014. Growing presence in Paraná Two of the new stores will be in Paraná, a state which Angeloni only entered in 2002. Its core strength is in Santa Catarina, where the other two stores will be located. The retailer's president José Augusto Fretta said Angeloni wants to grow its presence in Paraná, targeting AB co...
06 February 2014
There is no doubt that the recession had a significant impact on businesses of all sizes last year and despite growing confidence that the UK economy is showing signs of improvement, if shoppers continue to rein in their spending, the trading environment is likely to remain tough for the foreseeable future. Ian Walters, Commercial Capability Manager at IGD, has been looking at our research...
06 February 2014
Discounter Lidl has launched a kissing app that records two people kissing for a chance to win one of eight £50 Lidl vouchers. App celebrates the holiday A week before the widely-celebrated holiday of love, Lidl has introduced a kissing app to engage with shoppers. The app is available for Android and iPhone users as well as on Facebook and the Lidl website. The discounter ran a dig...
06 February 2014
Less than a month after Aldi announced its plans for a DC in Western Australia (WA), the discounter has announced plans for another Australian DC in Southern Australia (SA). New DC to cost $70m Aldi Australia has annouced plans to build and eight hectare DC at Regency Park in SA. Somewhat smaller than the 13.5 hectare DC site planned for the DC in WA, the SA development will cost AUD$70m ...