Retail and consumer goods industry news

25 June 2021
Pan-European variety discounter, Pepco has reported first half sales up 9% to €1,995m in the period to 31 March 2021. As well as operating the Poundland brand in the UK, the business operates the PEPCO and Dealz retail chains in continental Europe and Ireland. Boosted by 402 net new stores Ending the half with 3,246 stores in total, Pepco’s store portfolio has grown by 14.1% since March 202...
25 June 2021
Fast-growing discounter, Lidl has announced that it now has 860 stores across the island of Great Britain, indicating that it is well on target to hit its goal of 1,000 stores in the market by the end of 2023. Investing £1.3 bn in development over 2021 and 2022 Despite the additional hurdles posed by the restrictions of the pandemic lockdown over much of the first half of 2021, Lidl will co...
24 June 2021
Lotus’s launches its first “Lotus Smart City Supermarket” concept in The Market Bangkok mall. Right in the middle of the city The store is located in a trendy mall near the Ratchaprasong intersection. It is within walking distance of Big C Ratchdamri and Central Food Hall Central World. This is a popular tourist destination with many retail businesses where even locals will go for shopping ...
24 June 2021
Emart24 opens its first Malaysian store in Bangsar South. The location is well placed to meet the needs of young professionals working in the area.  Source: Emart24 Spacious and stylish interior Emart24 has a wide variety of products ranging from fresh Korean street food, snacks, lifestyle items, and cosmetics. It has promoted itself as being trendy, stylish and innovative, with ...
24 June 2021
Aldi Portugal has recently opened its first proximity store format in the centre of Lisbon. We look at this new concept and share our views on why we will see more urban discount store developments going forward and what it means for suppliers Aldi opens its first proximity store in Portugal Aldi Portugal is the latest discounter to open a smaller store format in the centre of a major Europ...
24 June 2021
As Sobeys lapped last year’s strong fourth quarter performance, sales and profitability declined. However, it delivered a strong two-year stacked performance and remains on-track with its growth initiatives, including the acceleration of its ecommerce business. Q4 and FY key numbers Q4 sales declined 1.3% to $6.9bn, with same-store sales down 6.1% Q4 two-year stacked same store-sales ...
23 June 2021
Spain-based buying alliance Grupo IFA, which includes members in its home market, Portugal, and Italy, has announced its consolidated turnover reached €32.2 bn in 2020, a rise of 21.8% on 2019’s figure. Strong growth seen across southern Europe markets Grupo IFA’s members in Spain, in conjunction with Portugal-based Sonae MC and Italy’s Gruppo VéGé together operated a total retail sales are...
23 June 2021
Explore how Spanish retailers, including Consum, Unide, SPAR and Lidl, have performed in 2020, during the global pandemic. Consum’s sales grew 13.3% in 2020 Consum ended 2020 with total sales reaching €3,324.9m, an increase of 13.3% on 2019. The cooperative said its online store is not yet profitable, but by the end of the year accounted for 1.5% of its total turnover. Juan Luis Durich, ...
23 June 2021
Boots UK has teamed up with TV presenter Laura Whitmore to highlight the biggest summer beauty trends seen so far in 2021. After a challenging year for beauty sales, Boots UK is looking to inspire and boost shoppers’ confidence as they prepare to get ready to go out again. Bringing beauty back this summer Boots has launched its new summer campaign, ‘Feel Good as New’ to ‘ help empower the n...
23 June 2021
We explore how Spain-based Eroski has evolved so far in 2021. The group revealed Daniel Kretínský has acquired 50% of its Caprabo business, while it has announced plans to expand its Eroski Rapid banner through a partnership with Avia gas stations. Finally, we review Eroski’s 2020 results and its outlook for the next five years. Eroski sells off half of Caprabo Eroski has sold 50% of Caprab...