Retail and consumer goods industry news

17 July 2013
Tesco is launching a new initiative to reinvigorate its fresh offer, supported by extensive in-store activity, and a major marketing campaign as it looks to drive performance in the UK business. Fresh is the key to reviving UK business As part of his three year plan to improve performance in the UK, Philip Clarke, Tesco CEO, has ramped up the retailer's focus on fresh, putting it at the hea...
16 July 2013
IGD’s research team is constantly on the lookout for innovative ideas in consumer goods markets around the world. In this article, we bring together ten exciting examples of promotional campaigns we have spotted so far this year to interest and inspire you. From beer cans used as train tickets to social media sharing to lower prices, manufacturers and retailers are working together on promot...
16 July 2013
The latest market from Kantar Worldpanel for the 12 weeks to 7 July 2013 indicates that the UK grocery market grew at 3.7% in the period, accelerating from the Jubilee affected comparatives seen in the June figures when growth was 3.0%.  The Kantar measure of inflation over the 12 weeks stood at 3.9%, indicating that volume growth remains notably constrained. 12 weeks to ...
15 July 2013
The Indian retailer announces the extension of private label ranges in KB's Fairprice stores, and expansion into the health and beauty category. KB's Fairprice format driving growth The group launched private label brands into its stores in 2008; in the  convenience KB's Fairprice format these ranges now contribute around 40% to sales turnover. Future Retail forecasts accelerated g...
15 July 2013
Londis has announced it is to introduce new own brand value bays, offering top-selling SuperValu and Daily Basics products at rounded price points. Follows on from successful '£1 bays' The new bays will include up to 18 products from the Londis mid-tier and entry level own brand ranges, with products priced at either £1, £1.50 or £2. The introduction of these bays follows on from the succe...
15 July 2013
Aldi Nord has started to advertise the new branded listings that have appeared in its stores over the last few months. A break from traditional advertising Aldi Nord is drawing shopper attention to the recent branded additions to its range. In its weekly merchandising leaflets in France and Portugal, a double page spread is dedicated to “brands of choice”, including Coca-Cola and Mars. Thi...
15 July 2013
Singapore's leading grocery retailer NTUC FairPrice has introduced Visa payWave to 116 of its supermarket outlets. Singapore's shoppers converting to cashless payments Following a successful trial of contactless payment in February 2013,  FairPrice embarked on a programme to extend the service to its wider store network. Retailers in Singapore are rapidly installing contactless payme...
15 July 2013
Sales at Swedish retailer Axfood totalled SEK 18.5bn (US $2.8bn) for the first half of the year, ending June 2013, up 2.8% compared to the previous year. Growth in the first half Sales for Q2 – April to June – grew 2.9% to SEK 9.6bn (US $1.4bn) with like-for-like sales increasing 1.3%. Axfood’s sales for the first half were SEK 18.5bn (US $2.8bn), which represents a 1.7% like-for-like sal...
15 July 2013
Loblaw has announced that it has reached an agreement to acquire Canada’s leading drugstore chain, Shoppers Drug Mart, for $12.4bn. Accelerating Loblaw’s health and wellness and small format initiatives This deal brings together Canada’s leading operators in the grocery and drugstore sectors to create a retailing power-house that will be uniquely positioned to captialise on key growth trends...
15 July 2013
Valora and Lekkerland have established a 50-50 joint venture called Emere AG, to combine their purchasing activities. Will negotiate joint basic purchasing terms Emere AG will negotiate joint basic purchasing terms for a defined product range, from a defined list of suppliers in Switzerland. It will not be responsible for purchasing cigarettes or private label products for either Valora ...