Retail and consumer goods industry news

06 February 2014
Australian retailer Woolworths announces H1 sales from continuing operations of AUS31.8bn, an increase of 6%.  Improved performance in Food and Liquor A results highlight was an improved performance for the Food and Liquor division, which saw sales grow 4.8%. Alongside a successful Christmas trading period, the 'More Savings Every Day' program has played an important role,  resonating wi...
06 February 2014
It has been reported that A S Watson, (parent company of Superdrug) is considering relocation of its headquarters from Hong Kong to London. Easier transition to qualify for shares listing Whilst no solid decision has been made, it’s been widely reported in Europe and Asia that the company is seeking a joint primary listing in Hong Kong and London. Under rules supervised by the UK Listing Author...
06 February 2014
The UK's first online pound shop has launched this week offering customers access to products ranging from food and drink to homewares and toiletries. Express shopping The website, Hereforapound.com offers customers a range of products across homewares, toiletries, food and drink and non food items. The site also offers customers an express shopping feature which groups items frequently purchas...
06 February 2014
Latin American wholesaler PriceSmart has announced two new store locations in Colombia: Medellín and Bogotá. Will take total number of warehouse clubs to six PriceSmart plans to open the two new clubs, which together will cover 25,340 sq m, before the end of this calendar year. An additional outlet, of 11,947 sq m, will open in November 2014 in Pereira. Net sales increase for Q1 fiscal 2...
06 February 2014
As a new CEO takes over at parent Walmart, we explore Asda's priorities for the year ahead. 1. Investing in price 2014 sees Asda commence a new five year strategy to invest £1bn in lowering prices. Funded by savings through the 'We Operate for Less' programme, the strategy will leverage Walmart's global scale. Asda's programme on investing on lowering prices on everyday products wil...
06 February 2014
We have picked out three of the latest big picture trends from our ShopperVista monitor of British grocery shopper sentiment to help you understand current shopper behaviour. 1.New optimism The storm clouds of recession appear to be receding and there has been a drip-drip of good news stories in recent months. For instance, the Office for National Statistics (ONS) recently announced tha...
06 February 2014
Walmart Canada has announced plans to invest $500m this year in its stores, supply chain and ecommerce projects. Investing in infrastructure to support growth The expansion plan will fall into three broad categories. These include more than $376m on store projects, $91m on distribution network projects and $31m towards ecommerce projects. Walmart Canada will put this investment towards exp...
05 February 2014
Major UK symbol group Costcutter has revealed that 353 new retailers joined its national network in 2013, which now includes the Mace fascia, transferred over from Palmer & Harvey last March. Gains made across all fascias Of these new recruits 243 joined Costcutter's established core fascias, including its eponymous brand as well as the more recent addition, kwiksave.  There are now some 20...
05 February 2014
Mercator, Slovenia’s largest grocery retailer, has released its results for 2013, reporting that sales revenue decreased by 3.7% to €2.8bn alongside a loss of €26.8m. Internal and external factors at play The retailer cited ‘reduced household spending’ , ‘structural changes in the buying habits of consumers’ and internal ‘restructuring’ as contributing factors to this. This includes t...
05 February 2014
Centra, the Musgrave controlled symbol group, has announced a 3.5% increase in sales to €1.48bn sales in 2013, lifting its overall market share in the Irish convenience market. Own brand instrumental to Centra’s achievement Announcing the results at its National Retailer Conference, Martin Kelleher, Managing Director of Centra concluded that the retailer's success was down to the sales of it...