News

Retail and consumer goods industry news

28 February 2013
Morrisons is launching a children's clothing range, called Nutmeg, next month. A significant new range for Morrisons The childrenswear range, comprising 500 items, will go into 100 stores starting in March, and marks a step forward for Morrisons and a move into new territory. Clearly, childrens clothing ranges have been very successful for many of Morrisons competitors, meeting an important ...
28 February 2013
Woolworths has released its half year results for the period ending 31 December 2012, with group EBIT for continuing operations up 6.1% to AU$1,934.7m and net profits after tax for continuing operations before significant items up 5.5% to AU$1,247.2m. All business divisions contributed to EBIT growth with Australian and New Zealand supermarkets' EBIT growth recorded at 6.0% and 8.9% respect...
28 February 2013
From recent time spent in-store at Carrefour, here are our four insights on how its domestic hypermarket strategy is evolving. Pricing message is clearly and consistently made The company’s pricing message was communicated in-store through a wide range of initiatives that enabled shoppers to save money. It was clear from our visit that Carrefour’s new chief executive’s strategy of focusing ...
28 February 2013
Tesco is reported to be bolstering its marketing department, looking to fill a raft of positions in preparation for its new brand campaign. A significant investment Marketing magazine has reported that Tesco is looking to invest in recruiting more than 40 new members to its marketing team, in both new and existing positions, within its UK and international teams. Tesco is looking to fi...
28 February 2013
Lidl is set to invest €120m in its Spanish stores and infrastructure this year. Reaffirming its commitment to Spanish market The planned investment is more than 20% higher than Lidl invested in Spain in 2012. Work will commence this year on a new distribution centre in Murcia and the extension of an existing centre in Barcelona. The investment will also go towards opening new stores ...
28 February 2013
Russian retailer, X5 Retail Group, is planning to develop its Perekrestok Express format in Ukraine. Focusing on the Kiev region Having operated in Ukraine since 2004, the company is looking to expand its store portfolio which is currently at 10 stores. Dmitry Smirnov, General Director of X5 in Ukraine, has stated that X5 is due to open the first two stores in Kiev this year as a tria...
28 February 2013
Following the addition of nearly 5,000 new stores in 2012, 7-Eleven's global network is set to reach 50,000 stores by the end of the first quarter. A leading global convenience network The overseas convenience operations of Japan's Seven & I Holdings are managed by subsidiary 7-Eleven Inc., based in Texas, US. A network of licensed, franchised and self-operated stores covers sixteen mar...
28 February 2013
The Year of the Snake might be the year new leadership in China's national government boosts social reform. If your business is operating in China it needs to start preparing now.  Vicky Ray, IGD's Head of Asia, explains how your business could benefit... Xi Jinping took the helm as head of the Chinese national government in November 2012, with Li Keqiang as the new Premier. Com...
28 February 2013
Saudi Arabia-based Panda, part of the Savola Group, has set out its expansion strategy for 2013, as part of its parent group’s annual conference. Vision is to be ‘leading retailer in the region’ As part of the group meeting, Panda’s chief executive, Muwaffaq Mansour Jamal, discussed the company’s aim to be ‘the number one mass market retailer in the region’. To meet this aspiration, Jamal sai...
28 February 2013
La Vie Éco reports that a number of retailers in Morocco are looking to add stores during 2013. Competition to intensify during year As part of the company’s Action Plan for 2012 to 2014, locally-based Marjane has previously stated an aim of investing MAD4.8 billion in the addition of 40 new stores and shopping centres across the country. The plans will build on the company’s presence of 30 h...