News

Retail and consumer goods industry news

25 April 2013
This week, IGD joined a Walmart International investors meeting in London that provided new insight into Asda's strategic priorities going forward. Here are our five key takeaways. New ways that EDLC will enable Asda to strengthen value With no let up in the budgetary pressures on the shopper in sight, Asda will further strengthen its reputation for value and communicate this message in new...
24 April 2013
As part of its first quarter results announcement, in which it revealed net sales growth of 5.1%, Walmart de México y Centroamérica has revealed more details of changes to the structure of its self-service division.  Mixed results across region Speaking at the results presentation, Scot Rank, president and director general, said results were solid in central America; income was up 2% in p...
24 April 2013
Portuguese group Jerónimo Martins has reported consolidated sales up 16% to €2.8bn in the first quarter of 2013, with Polish chain Biedronka increasing sales by 20%.  Strong like-for-likes in Poland, expansion remains priority Biedronka achieved like-for-like growth of 8.8% for Q1, with both basket size and number of visits contributing. The fresh focus rollout was completed in September...
24 April 2013
FEMSA Comercio, operator of Oxxo convenience stores in Mexico, has reported revenue growth of 14% for the first quarter of 2013.  New stores and same-store sales driving growth Oxxo opened 135 stores in the first quarter, to reach 10,736 at the end of March, and it is this which is the main driver of sales growth. Same-store sales were up 4.8% compared to the first quarter in 2012, reflecting...
24 April 2013
Musgrave Group has reported sales of €4.9 billion for the year ended 31st December 2012, up 10.5%, with profits before tax up 3% to €72 million.  Group performance was underpinned by 13.5% growth in its core Irish market, with sales up to €3.1bn, boosted by a full year's contribution from Superquinn, as well as record sales in both the Supervalu and Centra retail brands. 'Winning in the New Wor...
23 April 2013
Boots has teamed up with Weetabix in the launch of a new ‘pay-by-picture’ initiative, which enables customers to purchase a breakfast snack. Boots partners with Weetabix to launch “Pay-by-Picture” scheme Boots has teamed up with Weetabix in the launch of a new ‘pay-by-picture’ initiative, which enables customers to purchase a breakfast snack. Picture purchasing replaces currency Health ...
23 April 2013
Asda has announced that it is investing £700m of capital into its business, concentrated in major improvements to its online offer, new stores and supply chain. Same day Click & Collect launched Asda has revealed that it is to trial a same day collection service later this year, with customers able to collect their order from stores. In addition, the retailer plans to roll out Click and C...
23 April 2013
Bestway has announced a significant enhancement to its support package for its symbol group Best-one, with the launch of an in-house solution to supply the full range of chilled, fresh and frozen products to meet all the needs of its retailers in these categories. Provides direct control of range pricing and deliveries Previously these categories have been supplied by third parties direc...
23 April 2013
Japan's FamilyMart targets over 1,000 stores in the Philippines in ten years, according to local press reports.  First store opened earlier this month Having announced its entry into the Philippines in late 2012, FamilyMart opened its first store on 7 April 2013 in the City of Makati, located in Metro Manila.  The store offers around 1,400 products, including food-to-go.  300 stores ...
23 April 2013
Kantar Worldpanel retailer share data, for the 12 weeks to 14 April 2013, indicates that the UK grocery retail market grew at 3.6%, a slight slowing on the 3.9% seen in the previous period. The Kantar measure of inflation showed the rate of price increases slowed to 3.8% indicating the rate of volume decline has slowed, though still marginally above the level of market growth. ...