Retail and consumer goods industry news

02 September 2021
In our 2021 sustainability trends report, which subscribers can access here , we highlighted four trends shaping the way retailers are approaching the topic. The trends include reducing plastic packaging, partnering to win, supporting communities and sustainable stores. Given the recent focus on reducing plastic packaging from many companies globally, in our packaging free the global opportu...
02 September 2021
Italy-based Esselunga announced it aims to plant three million trees by 2030, to showcase its renewed commitment to the environment. Meanwhile, Portugal-based Pingo Doce is encouraging shoppers to bring their own containers to stores and, on 2 August 2021, Lidl added eco-score labels on approximately 100 products. Esselunga set to plant 3m trees by 2030 Esselunga has revealed plans to plant...
02 September 2021
Caprabo announced it is increasing the breadth of its range, while Lidl has launched its new vegetarian range, Vemondo. Separately, Eroski has added its new convenience format at service stations and Alimerka has reported sales growth of 10% in 2020. Caprabo increases assortment in its new stores Caprabo has said it is increasing the size of its assortment, offering shoppers approximately 12,...
02 September 2021
Lidl launches its new store on the outskirts of Lisbon, while Mercadona reveals its expansion plans for 2022. Separately, understand how start-up Hoogloo is adding further competition in Lisbon.   Lidl launches more ecommerce lockers On 12 August 2021, Lidl opened a new store, its 264 th in Portugal, on the outskirts of Lisbon. The new store is over 1,400 sq. m and offers shoppers its usua...
02 September 2021
In separate developments, Walmart-owned Massmart and Shoprite have announced plans to exit several markets across Africa. The exits underline South African retailer’s growing focus on profitability and desire to sell off non-core assets to enable them to invest in faster growing areas of their operations. Massmart to exit five markets… Following its sale of non-core retail assets to Shopr...
02 September 2021
After announcing plans to launch a purchasing alliance , the partnership between Casino and Intermarché officially started on 1 September. The partnership starts ahead of the 2022 trade negotiations. Auxo to focus on range of solutions… As part of the alliance Casino and Intermarché will be purchasing goods together, but also developing digital services and producing private labels. The ...
01 September 2021
As part of its partnership with Ghost Kitchen Brands, Walmart has opened its first ghost kitchen at its store in Rochester, New York. Bringing new brands to the market Through this partnership, shoppers at the store will be able to make a one-stop meal pickup, or order for delivery, from up to 25 well-known foodservice brands. These include several brands which are new to Ghost Kitchens’ ro...
01 September 2021
We review Couche-Tard’s results for the quarter ending 18 July 2021. Key numbers: total revenue up 39.8% to US$13.6bn Q1 merchandise and service revenues up 5.4% to US$4.1bn Same-store merchandise revenues up 5.9% in Europe and other regions (including Hong Kong), -0.2% in the U.S and -9.6% in Canada Q1 road transportation fuel revenues up 51.7% in Europe, 65.5% in the U.S and 68.1...
31 August 2021
Despite facing tough comparables from last year, several major US grocery retailers are delivering growth on growth. We look at some of the latest results, the factors underpinning retailer performance and consider what could stall the strong growth many are experiencing. Multi-category retailers benefit from recovery spending Although most retailers are experiencing slowing growth rates, ret...
31 August 2021
ELO, the new name for Auchan Holding, reported H1 revenue fell by 0.5%, at constant exchange rates, to €15.11 bn. However, its EBITDA rose 12.5%, again at constant exchange rates, to €757m, with its margin reaching 5.0%, up from 4.4% in the same period in 2020. In relation to Auchan Retail, turnover fell 2% on a like-for-like basis, excluding petrol and exchange rate effects, but including a 0...