News

Retail and consumer goods industry news

19 December 2013
The second half of 2013 has brought major changes to several retailers' senior teams. Here we summarise the most significant. Morrisons: Building the digital leadership team With less than a month until its online debut Morrisons has been strengthening its leadership team Following the announcement of Morrisons tie-up with Ocado, Mark Harrison, group retail director, and Martyn Fletc...
19 December 2013
Tesco seeks approval to enter multi-brand retailing, Walmart makes a key senior management appointment and the latest cash and carry developments. Tesco applies to develop a multi-brand retail business In a statement, Tesco Asia's CEO Trevor Masters announced plans to develop its business in the Indian market through the application to extend into multi-brand retailing.  If this applicati...
19 December 2013
Sainsbury's new store at the Tottenham football stadium development in North London is a key store opening for the retailer, demonstrating its continuing focus on larger store formats and on building its presence in non-traditional areas. GM offer a key footfall driver With 77,000 sq ft of floor space, Tottenham is one of Sainsbury's largest store openings of 2013 and an opportunity to intr...
19 December 2013
Walmart China's CEO Greg Foran reveals plans to expand its network of Sam's Club stores in the market. Building the store network Walmart plans to open an additional two Sam's Club stores in China next year, to its existing network of ten stores. It plans to increase the rate of growth so that in the year 2020, ten new stores will be opened. The Sam's Club membership format is gain...
19 December 2013
Peter Struck named as new CEO of Metcash's convenience store division. New CEOs for supermarket and convenience divisions Alongside its interim results presentation last week, Metcash announced plans to split its supermarket and convenience operations. Fergus Collins will head the supermarket division, whilst Peter Struck lead the convenience division, tipped as a key growth channel for...
18 December 2013
Target is launching a one-day sale on December 19th, featuring 40 gifting items, including toys, homewares and clothing, which will be discounted by up to 60%. It will also host a ‘Last Minute Sale’ in stores from December 22nd to 24th with a series of new promotions. Strong online and mobile sales through the holiday period Target has reported that its strong start to the holiday season ...
18 December 2013
In separate developments in its home market of the Netherlands Ahold is enabling shoppers to plan routes in-store through a tie up with Google Maps, while its chief financial officer, Jeff Carr, discussed its online strategy. Ahold to enable shoppers to plan routes in-store As part of the launch of Google Maps’ Indoor Maps database, which enables people to plan routes inside buildings, Ahol...
18 December 2013
Discussing the company’s short term strategy, the chief executive, Iyad Malas, of Carrefour’s franchisee in the Middle East, Majid Al Futtaim, said that the company was aiming to continue its recent pace of expansion. Aim is ‘to double sales’ Over the next five years Malas said that Majid Al Futtaim, which includes a property arm, was looking to double its sales by investing US$5 billion in n...
18 December 2013
Delhaize-owned Mega Image is set to add more than 20 stores in December in Romania. New stores continue rapid pace of growth Mega Image is reportedly set to open 23 stores in December – six under its eponymous banner and 17 Shop & Go convenience stores. If the retailer meets its target, it will have added 104 stores in 2013, taking its total to 296 in Romania. ‘Most dynamic’ retailer In...
18 December 2013
Spain-based Dia has announced a range of new initiatives as it begins the expansion of its Clarel health and beauty banner. Renovations to be completed in 2014 Dia said that it had opened 40 Clarel stores in Spain in November, with 30 set to be added in Portugal in early 2014. The retailer said that it was aiming to complete the renovations of the Spain-based Schlecker stores to Clarel in 2...