News

Retail and consumer goods industry news

19 October 2021
Walgreens Boots Alliance reported a strong performance in its fourth quarter and fiscal year 2021, revealing growth in its US and international segments, with the latter driven by Boots UK. Performance by divisions In the fourth quarter, WBA reported sales increased by 12.8% to US$34.3 bn, up 11.8% on a constant currency basis. In its 2021 fiscal year, sales increased by 8.6% to US$132.5 bn...
18 October 2021
Following the success of its series of Black Friday events last year, Walmart is replicating the model this year. However, one key change it is making is providing members of its Walmart+ programme with early access to its deals. Phased approach Last year, Walmart evolved its traditional approach to Black Friday to limit the surge of shoppers to its stores to support COVID-19 related social...
18 October 2021
Earlier this year, Brazilian retailer GPA (part of the French retail group, Casino) successfully spun off its cash and carry format, creating two separate retail businesses (GPA and Assaí). On October 15, 2021, GPA entered into a binding agreement and strategic transaction with Assaí to sell the majority of its hypermarkets, which will be converted to Assaí. 71 stores to be converted to Assaí...
18 October 2021
In its first Nectar Deep Dive Event, Sainsbury’s has shared new insights around operates how Nectar is increasingly shifting from being a reward scheme for loyal shoppers to a personalised reward scheme that incentivises purchases while also providing valuable data for suppliers. Nectar in a nutshell There are two elements to Nectar – the Nectar B2C loyalty scheme and Nectar 360 which pr...
18 October 2021
Consum’s sales increased by 13.3% in 2020, while Eroski highlighted its new commitments to become more sustainable and Grupo IFA and the Gasol Foundation extend their partnership to continue its research about childhood obesity. Finally, Aldi has expanded its partnership with Glovo to advance its last mile delivery offer. Consum’s increase sales 13.3% in 2020 Consum’s sales increased by 13.3%...
18 October 2021
FairPrice announced launch of community fridges to sponsor a year’s worth of fresh food like fruit, vegetables, milk and meat. Weekly food distribution FairPrice today announced the launch of the Food for Good Community Fridge @ Marine Terrace. The initiative will conduct food distributions via community fridges to provide free food to residents in the area. Mr Seah Kian Peng, Group CEO ...
18 October 2021
Tops, the leading supermarket banner in Thailand, and Watsons, the leader in health and beauty stores, are partnering to strengthen their competitiveness in the market. 200 best selling Watsons products available This is the first time Watsons products will be available outside its own stores. Five well-known brands, namely Watsons, Arome by Watsons, Bella by Watsons, Naturals by Watsons an...
17 October 2021
The lunch! trade show returned on 23rd September at London’s ExCeL to bring together the food-to-go industry. Here’s what we learned: 1.  The outlook is optimistic but uncertain The future of food-to-go looks optimistic – the industry is recovering from the pandemic and the larger players are focusing on growth strategies. Guy Meakin from Pret spoke of Pret’s ambitions to open 200 stores ov...
17 October 2021
Through its Store No8 incubation arm, Walmart is testing a text to shop service. This forms part of its braoder plans for conversational commerce. Conversational commerce Walmart’s Store No8 and Global Tech teams are testing a beta experience which enables customers to add products to their online shopping list by text. Available in selected areas, the retailer is aiming to make this more w...
15 October 2021
Join the webinar: 19 October, 11:00 – 11:45 am Simon Mayhew, Head of Online Insight shares his views on how the sector can meet continued demand while turning a profit. In this unique webinar, hosted by Grocer Vision, Simon Mayhew, shares his views on the challenges the sector faces, the innovations that are improving efficiency and what the future is likely to hold. The panelists exa...