News

Retail and consumer goods industry news

11 April 2013
Convenience symbol group Nisa has announced it will invest £10 million in price cuts for retailers. Prices maintained in 2013/14 Following the success of the price cut initiative in 2012, Nisa will invest again to drive down the long term prices and improve its members profitability. Prices, subject to manufacturer price changes will then be maintained for a full year. It is understood acti...
11 April 2013
Russian retailer Lenta, which is St Petersburg-based, has outlined its plans for expansion into the Moscow province. Moscow a priority Lenta had already expressed an interest in extending its portfolio to Moscow; plans have now been confirmed. CEO Jan Dunning has stated that Lenta will open up to ten stores in Moscow over the next three to four years, with one or two expected this year an...
10 April 2013
Turkey-based BIM has opened its first store in Egypt according to reports, marking its entry into the country. 2013 to see further expansion for BIM The retailer has previously stated that it aims to operate 14 stores in the greater Cairo by the end of April and 30 by the end of 2013. In the medium term BIM will look to expand into Alexandria and other population centres of the Nile delta...
10 April 2013
Figures released by Nielsen show that UK grocery retail sales grew by 6.2% in the four weeks to 30 March 2013, with volumes up 2.5% year-on-year.  With Easter falling a week later in April in 2012, March got the full benefit of a 41% rise in confectionery sales and a 12% rise in BWS sales, as consumers celebrated the holiday weekend. Sainsbury's well ahead of major rivals Sainsbury's gain...
10 April 2013
Netherlands-based Albert Heijn has, according to Distrifood, begun to replace the entry level EuroShopper private label brand with a new AH Basic range. New private label to build on strength of Albert Heijn brand The retailer said that the range would enable it to build on the strength and heritage of the Albert Heijn brand name. Alfred Levi, Albert Heijn’s director of marketing, merchandi...
10 April 2013
Leading UK retail buying consortium Nisa has appointed Amanda Jones to the newly created role of chief operating officer, in a move to enhance its senior management team as it embarks on the next stage of its transformational journey and drive growth for the future. To manage day-to-day operations Reporting directly to chief executive Neil Turton, the new chief operating officer role will fo...
10 April 2013
As it looks to strengthen links with key suppliers and form longer term partnerships. Coles has agreed deals with two of Australia's dairy co-operatives, Murray Goulbourn and Norco. Contracts will supply private label milk Australia's largest dairy co-operative, Murray Goulbourn, which has 2,500 member farms, has signed a ten year contract, which will see the company supply the retailer's...
10 April 2013
Turkey-based Migros Turk has said that consolidated net sales rose 12.7% during 2012, to reach TRY6.5 billion (€2.8 billion), slightly ahead of the pace of growth for its fourth quarter, which stood at 10%. Addition of stores drives sales The retailer said that it had opened 166 stores in 2012: 159 supermarkets and two hypermarkets in Turkey and five Ramstores in its international operation...
09 April 2013
Aldi continues to grow the number of national brands in its stores, both in its domestic market and internationally. We assess how its strategy in brands is evolving. 1. Brand strategy varies by market Over the last two years, Aldi has steadily been growing its branded listings. The precise number of listing varies by market and depends on local shopper trends, with Switzerland and Aus...
09 April 2013
Migros has reported a 0.7% increase in EBIT for 2012 today, and outlined its priorities for the year ahead, in its annual results presentation.    Three main areas of focus for 2013 Migros said 2012 was "a good year" , despite economic difficulties, price cuts and the ongoing impact of cross-border shopping tourism. In 2013, Migros will continue such projects as the range optimisation in...