News

Retail and consumer goods industry news

07 February 2013
Panda, part of the Saudi Arabia-based Savola Group, has announced that it enjoyed sales growth of 10.9% in 2012. Results show positive trend for the retailer Panda’s unaudited results for the 2012 full year, ending 31 December, showed that sales had increased by 10.9% to SAR10.1 billion, from SAR9.1 billion in the previous year. The results also showed that Panda’s net income had risen by 55%...
07 February 2013
It has been revealed that US-based global warehouse club operator, Costco will open a further two depots in the UK during 2013 taking its total number of units in the country to 25.  This will make 2013 something of a bumper year for Costco.  In its twenty years of operating in the country new openings have averaged little more than one every twelve months. Depot twenty-four for Farnborough, Hamp...
07 February 2013
We highlight the stores you’ve looked at the most on Retail Analysis in January Aldi, Atherstone, UK : an increasingly potent format Source: IGD research With the discount channel growing rapidly, this store demonstrates many of the reasons why discounters are trading so successfully. The store has developed its product range through investing in NPD acr...
07 February 2013
The Swedish retailer reports sales of SEK 9.2bn for the full year 2012, up 3.8% on 2011. A year of 'stable earnings and sales' While revenues were up by 3.8% in 2012, like-for-like sales were less positive at just +0.2%, which CEO Anders Stralman commented on as "not entirely satisfactory". It saw mixed performance across all its divisions, with Willys delivering its best ever set of r...
07 February 2013
From our stores visits this week in Lille, here are our four developments to watch in Europe’s largest grocery retail market. Price perception key to attracting shoppers A difficult macro-economic environment has caused shoppers to search out ways to save on every purchase. Retailers like Leclerc, Aldi, Lidl and, increasingly, Carrefour have benefited from an EDLP offer, which is helping t...
06 February 2013
Lidl UK has recently launched two new digital campaigns through its Facebook page. The first is to encourage shoppers to "Like" its page to receive a £5 voucher to spend in-store and the second is an unusual Valentine's Day initiative. Building its fan-base As a "thank you" to its 250,000 Facebook fans, Lidl recently offered all Facebook users who "Liked" its page a voucher to print off...
06 February 2013
You might have heard of 'gamification' – it's becoming an industry buzzword as consumer goods companies use it to engage with shoppers, reward loyalty and gain a competitive edge. We explain how it's developing and how it could help keep your businesses agile. What is 'gamification'? Gamification, in simple terms, is applying the principles of video or computer games to other contexts. Th...
06 February 2013
Canadian dollar store operator Dollarama has entered into an agreement to provide sourcing services and business expertise to Central American dollar chain Dollar City. Eight-year agreement offers option to acquire majority share Dollarama will share its business and operational expertise with Dollar City, which is looking to expand its activities in Central America, Colombia, Peru and Ecuado...
05 February 2013
The Finnish retailer has reported its full year results for 2012, announcing group sales of €9.7bn, up 2.4% year-on-year, and appears to have arrested the decline in operating profit in Q4. Grocery business delivers growth Kesko's grocery sales at K-Food, Kespro, and other grocery banners grew by 2.2% in Q4 and 3.1% for the full year, reaching €4.3bn in 2012. Sales of Pirkka  private label ...
05 February 2013
The Argentine government has reached an agreement with the country's largest retailers to freeze prices for two months.  Freeze to last until 1 April Members of the United Supermarkets Association (ASU) have agreed to keep prices unchanged until 1 April, following a meeting with Argentina's domestic trade secretary, Guillermo Moreno.  The agreement has been backdated to take effect as o...