News

Retail and consumer goods industry news

21 January 2014
We summarise the latest news as Walmart remains "steadfast" in its belief and commitment to the Indian market. Walmart registers new company in India The Economic Times reports Walmart has registered a new company in India. Registration took place on 15 January, under the name "Walmart India Private Limited".  This follows the end of Walmart's partnership with Bharti, and Walmart's buy...
21 January 2014
Target is set to open a smaller format, 20,000 sq ft (c. 2,000 sq m) store under the TargetExpress banner in Minneapolis later this year. Localised approach to store ranging Target will be testing this new format in its Minneapolis hometown, with the store scheduled to open in July. At around 15% the size of a typical Target store, it will be located within a mixed-use development in an u...
21 January 2014
IGA has launched a new marketing campaign for Australia Day on 26 January, highlighting the chains independent, local and Australian credentials. Maximising events and retailer personality The new ‘Say G’day Day’ campaign has been launched specifically to maximise the opportunity of Australia Day. The activity is supported by the release of a modern version of the classic Australian song, 'G'...
21 January 2014
We explore key developments at Tesco Kipa, including the launch of online grocery shopping and the implementation of a satisfaction guarantee campaign. Online shopping to launch imminently According to local press reports, the retailer is due to start the service later this month, offering a range of over 12,000 products. This represents a key development in Tesco’s wider strategy for grow...
21 January 2014
Lidl has revealed a new strategy in France which includes increasing store size and introducing new ranges. New focus on remodelling stores New plans indicate that rather than new store openings, the focus for Lidl France will be expanding store size within its existing 1,500 store network from 800 sq m to 1,200 sq  m. In the past, Lidl has opened 80 to 100 stores per year in France but ...
21 January 2014
Press reports have revealed that warehouse club operator Costco has begun construction work on its 26th site in the UK. The new warehouse, projected for completion in the late summer is located in Hounslow, close to Heathrow, west London.   Strengthens Greater London presence This will be the fourth Costco within the M25 (and with Thurrock sitting just outside), and it is understood that th...
20 January 2014
Alain Caparros, CEO of Rewe Group, has been named head of the buying group Core, according to German press reports. Rewe is largest partner in the group Core is comprised of Rewe, Coop Schweiz, Colruyt and Conad and was formed following the departure of Leclerc from the buying group Coopernic in late 2013. As the largest partner in the group, Rewe takes the lead on the board. Gianluigi Fe...
20 January 2014
South Africa-based Shoprite has announced preliminary results for the six months ending December 2013 saying that its turnover rose 9.6% to ZAR51.0 billion (US$4.7 billion). Performance driven by international operations The retailer said that in South Africa sales grew by 7.6%, aided by internal inflation of 3.8%. Its stores outside of its home market, though, enjoyed faster sales growth, gr...
20 January 2014
Louis Delhaize-owned Cora has announced sales growth in Romania for 2013, saying its sales had been boosted by the addition of two new hypermarkets in the country. Sales grow by 13.5% in 2013 The retailer said that its sales had grown by 13.5% in 2013 to €408.6 million, aided by the opening of hypermarkets in July, in the city of Constanta, and October, in Ploiesti. Commenting on its performa...
20 January 2014
Sainsbury's has launched a new advertising campaign to communicate the strengths of its relaunched basics entry level own brand range. Highlighting ethics and value The new TV campaign, which will run until mid March, highlights how the basics shares the same ethical standards as other Sainsbury's products with a series of ads featuring products from the range. The first ad showcases Sains...