Retail and consumer goods industry news

17 May 2022
As Musgrave’s Centra banner announces its 2021 results and its SuperValu banner launches its Taste of Local initiative, we round up developments from the company. Centra: +2.5% growth to €1.98 bn in 2021… Centra reported annual growth of 2.5% in 2021, taking its sales to €1.98 bn. The banner said the growth was driven by its convenience offering, increased consumer demand for its wide range...
16 May 2022
Last week IGD hosted its first webinar for the eating out market: “ Eating out: a new world of challenges and opportunities ”.  Over 150 retailers, operators, manufacturers, wholesalers and opinion leaders joined the session to find out where the opportunities for growth could be found amid the challenges facing the market. Missed the webinar? View the recording and download the slides on our ...
16 May 2022
The government has announced revised dates for some HFSS restrictions. What has changed? There have been two major changes to the timelines of implementing HFSS policies: Restrictions on volume price promotions e.g., BOGOF have been postponed by one year, until October 2023 The restrictions banning HFSS adverts on TV before 9 pm and paid-for adverts online will also be paused f...
16 May 2022
The blurring of grocery retailing and healthcare is an important trend in our industry. The concept of food as medicine provides a bridge for retailers to expand the scope of their involvement in the healthcare of consumers, deepening loyalty and trust. We look at HEB’s plans in this area and the signal it provides for what’s coming next. Holistic approach Although HEB operates exclusively ...
16 May 2022
Traditionally, a large percentage of Spanish shoppers used to get their fresh food in traditional stores and markets, buying their dry groceries in supermarkets. However, in recent years retailers have improved their fresh offer, progressively gaining share from the traditional sector. Therefore, while over 30% of fresh food is still sold through the traditional sector, this figure is steadily...
16 May 2022
The sustainability initiative is piloted by A.S Watson at the Serpentine Green Shopping Centre Superdrug store in Peterborough, UK. This follows some of the efforts introduced in its Asian stores like the refillable stations and plastic recycling programs. New Greener Stores Global Framework The global framework for sustainable practises introduced by A.S Watson takes a holistic approach ...
13 May 2022
Since the start of the pandemic, many Mexicans have transitioned their grocery shop to smaller formats, in stores closer to their homes. Initially, this change of habit was to reduce contact and mitigate the threat of the COVID-19 virus, but they have since become accustomed to the time and cost-saving benefits of shopping locally. Mexico has a huge informal economy, meaning large sections of ...
13 May 2022
Retailers and suppliers are taking small steps to invest in the metaverse in Asia. Get up to speed with the developments through this article and our report here . Indonesia: Alfamart convenience investing in the metaverse Alfamart is collaborating with an AR/VR company to bring the relevant technology to the business. Alfamart and WIR Group have been working together since 2015...
12 May 2022
Loblaw’s Shoppers Drug Mart business has completed the acquisition of Lifemark Health Group. The company is a leading provider of outpatient physiotherapy, massage therapy, occupational therapy, chiropractic, mental health, and other ancillary rehabilitation services through more than 300 clinics across Canada. The deal is valued at CAD$845m. Growing role as a healthcare services company As...
12 May 2022
After Tesco’s chief executive, Ken Murphy, discussed the part it was aiming to play by creating better baskets for its customers and the planet, the retailer has brought the initiative to life in store. Better Baskets logo to help shoppers make better choices Under the initiative, which was discussed in March 2021, Murphy set out how Tesco was aiming to reach its net zero climate target in ...