Retail and consumer goods industry news

19 November 2021
Mondelez has been in China over 35 years. Joost Vlaanderen, president of Mondelez Greater China, talks about his observations and how the company taps into fast-changing consumer trends in the country. Developing single-serve packs for health-conscious consumers “ Chinese consumers are amongst the fastest changing consumers in the world ,” said Mr Joost Vlaanderen. There are more health-...
18 November 2021
As trading patterns readjust to the easing of lockdown restrictions in Canada, we look at what this means for Loblaw’s range of formats. Loblaw’s Q3 key numbers Total revenue increased 2.4% to $16.1m, with retail segment sales up 2.4% to $15.8m Food retail same-stores sales increased by 0.2% Drug retail (Shoppers Drug Mart) same-store sales increased by 4.4%, with pharmacy same-sto...
18 November 2021
Leading national UK coffee chain Costa has done a deal with major high street retailer Marks & Spencer to stock a range of its pre-prepared food-to-go items in 2,500 Costa sites across the country including its growing drive-thru estate. Under the agreement M&S products will launch into Costa outlets next year (2022). To complement existing Costa food offer The range of some 30 M&S branded ...
18 November 2021
Amazon has announced it will stop accepting payments made with Visa credit cards issued in the UK from 19 th January 2022. UK-issued Visa credit cards affected Whilst Amazon will stop accepting UK-issued Visa credit cards, debit cards will still be accepted. The retailer said it will no longer accept this payment option “due to the high fees Visa charges for processing credit card transac...
18 November 2021
As the Colruyt Group looks to regain share it has lost during the pandemic, the retailer has rolled out three innovative initiatives. Colruyt Group trials unstaffed store under Okay Direct banner Colruyt is trialling an unstaffed store under the Okay Direct banner in the centre of Ghent. The retailer said the 150 sq. m store, which stocks about 650 SKUs across both brands and private labels...
18 November 2021
DIA continues to expand its private label range to offer shoppers healthier and more sustainable products, while also developing its relationship with Amazon. Separately, Mercadona is testing BiofreshTech’s autonomous refrigeration technology in one of its delivery vehicles. DIA expands private label range DIA has worked with its partners to develop its private label range and offer its shopp...
18 November 2021
As Auchan looks to advance its local operations, we round up news from the retailer as it aims to support sustainable initiatives in France and drive ecommerce growth in Portugal and Russia. Auchan signs up to Planet-Score Environmental Labelling System Auchan has said it supports the launch of the Planet-Score environmental labelling system as part of the on-going expansion of environmenta...
18 November 2021
Tesco, Asda, Sainsbury’s and Morrisons are the latest UK retailers to launch their Christmas adverts. These highlight the joys of celebrating Christmas with family and friends, which was a challenge in 2020. Tesco Tesco has taken a fun approach with its Christmas advert, spotlighting a woman with a ‘Nothing’s Stopping Us’ attitude this Christmas. It offers a humorous perspective to the ch...
17 November 2021
Target’s unique omnichannel model has been a major factor its success over recent years, including through the pandemic. In addition to enabling sales growth, it’s also helping the retailer to become more profitable. We look at the model’s impacts on its third quarter performance. Target’s Q3 key numbers Total revenue increased 13.3% to $25.7bn Comparable store sales increased 12.7%, fol...
17 November 2021
Amazon India announced it has completed the integration of its Fresh and Pantry grocery services into a single unified store. The Amazon Fresh store is available in more than 300 cities across India. Simplified shopping experience In February 2021, Amazon announced it would combine its Fresh and Pantry services into one single online store under the Amazon Fresh name. Amazon said the new st...