Retail and consumer goods industry news

14 October 2021
Format innovation continues to be high on the agenda for regional retailers in the US as they aim to differentiate versus their larger, national competitors. On the path to the store of the future Over the last month, three new formats have launched in the US, with a focus on creating stores with destination status. With a goal of creating exciting and experiential formats, these stores ali...
13 October 2021
Circle K has retrofitted a store with Standard AI’s autonomous checkout technology in Tempe, Arizona, U.S. The launch follows a successful pilot last year. Our view One of the major benefits of Standard AI’s platform is that it is designed to work without using facial recognition. This will widen the scope of customer adoption, especially those that have data privacy concerns. Biometric a...
13 October 2021
As the Mulliez family confirms Auchan is not for sale, its operations in France launch trials for a ‘just walk out’ technology-driven store and a quick commerce solution. Mulliez confirms Auchan is not for sale… Following speculation about a possible merger with Carrefour, the Mulliez family has confirmed that ‘ we will never sell Auchan ’. The president of the Association Familiale Mulliez...
13 October 2021
The retailer has been actively opening community-based stores recently. Following the Nangang store, it has opened Taoyuan Qingpu outlet this week. The first hypermarket that connects with Taipei Mass Rapid Transit (MRT) Taoyuan Qingpu store is in a building that connects with MRT stations. The store’s "quick pick-up" service is designed to meet the consumption patterns of commuters. Sho...
13 October 2021
Chilean multichannel grocer SMU is the third largest grocer in Chile (in revenue terms) but operates the largest number of stores. At its annual SMU Day, held on September 30, 2021, it provided an update to its strategy, which has a strong focus on developing its omnichannel capabilities.  Its strategy is centred on four pillars: customer experience, omnichannel growth, efficiency and producti...
13 October 2021
7–Eleven has signed a master franchise agreement with Electra Consumer Products Ltd. to develop and operate 7-Eleven stores in Israel.  7-Eleven confirms Israel market entry Speculation first emerged in November 2020, but the retailer has now signed an official agreement. 7-Eleven will support Electra to implement and localise the offer. The shopping experience, food-to-go and variety o...
13 October 2021
As Carrefour continues its expansion, deepens its digitisation, and signs up further loyalty card members in Spain, we round up news from the two markets. Carrefour and Coop Trading expand international partnership agreement Following the signing of an agreement at the end of Q2 , Carrefour and Coop Trading have expanded the reach of the partnership to include global branded suppliers fr...
13 October 2021
UK convenience retailer McColl’s has announced the conversion of its 100 th store to the Morrisons Daily franchise format, as it aims to extend the roll-out to 350 stores by the end of the next financial year in November 2022. Having converted 69 stores so far in 2021, averaging around two stores a-week, McColl’s has successfully converted as many as six in a seven-day period. It will now nee...
13 October 2021
For several years, shoppers have shown a growing interest in their health and well-being. Grocery retail is one of many stakeholders that has responded by improving access and choice. The COVID-19 pandemic has intensified shoppers’ interest in this area, creating a new wave of interest. This aligns with one of our expectations for a post-pandemic world, which will see shoppers look to the indu...
13 October 2021
SPAR International has launched a new private label brand range across Europe, under the SPAR N°1 Value brand name. The company said the range was aimed at providing ‘ shoppers with an even wider choice of quality, everyday essentials at great prices ’. Launch to begin in Europe, then internationally SPAR International said shoppers in Europe would get access to the N°1 Value range first, b...