Retail and consumer goods industry news

13 September 2021
Kroger’s omnichannel ecosystem supported better than expected results for Q2. However, the retailer anticipates prices of grocery products to increase in the second half of the year due to higher inflation. Success of its omnichannel ecosystem Despite digital sales decreasing by 13% (+114% two-year basis) during Q2, shoppers continued to shop in stores as identical store sales only decrease...
13 September 2021
Our latest research provides recommendations on how you should prepare for energy transition in convenience retail. Available to IGD Retail Analysis subscribers: The future for forecourts in Europe Below are some of the key highlights… Looking for more insight? Retail Analysis subscribers can read more here: Your guide to convenience...
13 September 2021
Although absence rates relating to COVID-19 are thought to be falling, broader operational labour and HGV driver shortages are continuing to create challenges for supply chains. This is resulting in lower order fulfilment levels than normal, meaning there is an impact on availability of some food and groceries. In the latest shopper research conducted for IGD over this last weekend 10-12 Septe...
10 September 2021
We review Sobeys’ first quarter performance as it lapped the surge in demand from last year, and the outlook for the coming months as it pushes ahead with its growth programme, Project Horizon. First quarter key numbers Total sales up 3.7% to $7.6bn, supported by the acquisition of Longo’s Same-store sales (ex-fuel) decreased by 2.2%; on a two-year stacked basis, same-store sales were up...
10 September 2021
Amazon has announced it will launch its Just Walk Out technology at two Whole Foods Market stores in Washington, D.C. and Sherman Oaks, California next year.  Hybrid in-store payment Shoppers at the two Whole Foods Market stores will have the option to skip the checkouts and shop with Just Walk Out technology, or checkout via the store’s self-checkout lanes. They will be greeted by a Whole ...
10 September 2021
Waitrose is expanding its range to meet more shopper demands through the addition of more value-focused products and a new meat-free range. ‘Anyday’ range Following a successful trial, John Lewis is extending its value focused Anyday private label range to Waitrose stores. The range, of around 2,400 lines, was launched in April 2021 and is said to have generated sales of £60m, according t...
09 September 2021
Walmart has formed a partnership with Meredith Corporation, the publisher of leading media titles such as People, Better Homes & Gardens, Allrecipes, Southern Living, and Real Simple, to help customers shop more quickly and conveniently across a range of platforms. Making Walmart available where consumers get inspired The partnership brings together Meredith’s expertise in food content, hyper...
09 September 2021
In its interim results, Morrisons has highlighted new growth opportunities as it scales up its partnerships with Amazon and Deliveroo. These moves come as the retailer also competes harder on value and steps up investments across its store estate. Key numbers (26 weeks to August 1 st ) H1 Group LFL (ex-fuel and Vat): -0.3% (Q1: +2.7%, Q2:-4.6%) Two year Group LFL: +8.4% Online LFL 48....
09 September 2021
As Carrefour looks to build on its momentum in France it is planning to launch its own quick commerce service, while it is trialling a subscription service, for potential nationwide roll out in 2022. Carrefour to trial subscription service until the end of 2021 The retailer has said between September 20 and the end of the year shoppers will be able to sign up to its subscription service, Ca...
09 September 2021
Selex has increased its online sales in H1 2021 and Conad has launched a new, urban format in Milan. Separately, Lidl has expanded its climate neutral range, aiming to increase its positive effect on climate protection and the conservation of biodiversity and resources. Selex online channel grows by 45% Selex has seen sales through its online channel increase by 45% in the first six months of...