Retail and consumer goods industry news

09 June 2021
With the retailer adding a new pharmacy benefit to Walmart+, we look at what this could mean for the membership programme’s progress. Suite of benefits Walmart+ launched last September offering range of benefits. For an annual fee of $98 a year, or $12.95 per month, members have access to unlimited free delivery from stores across fresh groceries, household essentials, tech and toys and, fr...
09 June 2021
M&S continues its store renewal programme by extending the 'fill your own' trial to eight more stores. Expanding the refillable grocery range The refillable grocery concept will now be available in 11 stores across the UK, with the latest being introduced in Aintree and Meadowhall. 'Fill Your Own' currently offers over 60 lines of refillable groceries. The retailer is planning on expandi...
09 June 2021
With the pandemic limiting peoples’ access to dental check-ups, they have had to rely on at-home oral care products to maintain their oral health. We explore five ways of how oral care brands have evolved their responses and strategies during the pandemic to help boost sales and transform the category to strengthen its prospects. 1. Transforming oral care into a premium beauty routine In ...
09 June 2021
Asia’s largest retailer Seven & i Holdings is also a key global player. It’s one of the world’s leading convenience retailers, with more than 72,000 stores in 2020. The convenience format, including flagship brand 7-Eleven, accounts for more than half of group revenue. Below, we outline its four strategic priorities to help you plan your growth strategy with this dynamic group. 1. Stre...
09 June 2021
B&M's results for the 52 weeks to 27 March 2021 show strong performance in both the UK and France. Growth was driven by new store openings and sales in non-grocery categories. Key group financial figures for FY21 Group revenues increased by +25.9% to £4.8bn  Gross profit +36.8% to £1.76bn B&M UK and Heron Foods see strong growth against FY20 B&M UK revenue £4.07bn +29.9% ...
09 June 2021
Following a five-week pilot programme, Albertsons is partnering with Fetch Rewards on a national roll-out, covering all 20 banners and over 2,200 stores. 7m active users Fetch Rewards is one of the fastest growing loyalty and rewards apps in the US. Since launching in 2017, it has been downloaded almost 19m times and has almost 7m active users. Through the app, shoppers have access to savin...
08 June 2021
Alibaba’s cross-border online marketplace Tmall Global has announced the launch of the UK and Ireland edition of ‘Go Global 11.11 Pitch Fest’, a virtual event designed to help international brands grow their businesses globally. Starts accepting applications from 8 June in the UK and Ireland Following the success of Pitch Fest 2020 in the U.S., the programme will be opened up to British and...
08 June 2021
Private label’s value share has risen in 10 out of 18 European countries in the last three years according to PLMA. In volume terms, its share has increased in 12 markets. This demonstrates the growth potential and opportunity for private label in western Europe. Four trends that are driving private label innovation across the region include: Spotlighting value Hero categories...
08 June 2021
L’Oréal has teamed up with TikTok to test its in-app shopping feature. New and exciting ways to shop beauty  TikTok recently announced plans to work with brands in Europe to offer users an easy-to-use in-built shopping experience. L’Oréal is the first beauty brand to work with TikTok to trial the feature with its Garnier and NYX Professional Make-up brands. Customers in the UK and Irel...
08 June 2021
The latest release from the British Retail Consortium Retail Sales Monitor (BRC-RSM) shows that, benchmarked against May 2019 UK retail sales were 10% higher in May than two years ago.  The reopening of non-food stores from mid-April provided a particular boost to the non-food sector, where categories such as clothes enjoyed a significant surge as shoppers took the opportunity to get back in stor...