Retail and consumer goods industry news

04 January 2022
What are Italian retailers doing to stay ahead as they participate in a highly competitive and complex market? Esselunga launched an experimental store concept to increase its Elisenda pastry and bakery range. Separately, Conad announced its investment plans to 2023, while Gruppo Végé set out its plans to extend its store network by 131 stores by the end of 2022. Esselunga experiments with temp...
04 January 2022
Central Food Retail, which operates Tops market in Thailand, has launched 3 new stores in Si Racha, Ayuttha and Jas Green Village. The retailer has also launched a new bakery shop called The Baker at both Tops Market and Central Food Hall. New stores in December 2021 The 3 new top stores are introduced to help Tops Market stand out with modern and lifestyle-centric services. Source:...
21 December 2021
US-based Albertsons is partnering with Picadeli to test its high-tech salad bars in six locations. Food safety and profitability This solution is being tested at six Safeway, ACME and Kings locations across Washington, D.C., Maryland, and New Jersey. It addresses two of the key challenges with operating salad bars; food safety and profitability. Salad bars were one of the first in-store ele...
20 December 2021
Several new initiatives indicate that quick commerce is about to take off in Canada. We look at some of the companies looking to be in the running. Aiming for sub-60-minute deliveries Although companies such as Instacart and Cornershop have been operating in Canada for a couple of years, they have been mainly focused on deliveries in as little as one hour. However, several companies are pos...
17 December 2021
Just Eat Takeaway and Asda have launched a grocery delivery partnership, marking Just Eat’s first grocery delivery deal with a supermarket in the UK. 1,000 products available to order from January From January, 1,000 Asda products, including fresh groceries, will be available to order from the Just Eat app seven days a week.  The service will be limited to five stores, with store locations ...
16 December 2021
Well Pharmacy and WHSmith have announced they will open a new combination store stocking ranges from both retailers in London’s Euston station. Slow expansion of combination store format The retailers opened the first combination store in 2019 in Heathrow Airport, while a second was opened in 2020. The two retailers’ ranges are well segregated in-store, providing a combination of WH Smith’s...
16 December 2021
Netto, the discount chain owned by Edeka, has launched a hybrid frictionless grocery store in Munich, the first of its type from a discounter. The store is 250 sqm and stocks over 3,500 SKU’s, a significant offer for a store of this type. First checkout-free store for the retailer Netto has over 4,000 stores across Germany and offers a large selection of groceries for a discounter. For the ...
16 December 2021
Metro Group has achieved sales at the upper end of the guidance range forecasted. Strong performance in the second half of the year drove this and sales for 2021/22 are forecast to grow by 3-7%. Almost €25bn in annual sales For the 2020/21 financial year, Metro Group achieved stable sales in local currency, meaning sales remained the same as the previous year. However, due to negative curre...
16 December 2021
Grab Holdings Ltd (Grab), Southeast Asia’s biggest ride-hailing and delivery firm, is acquiring premium supermarket chain Jaya Grocer as part of its grocery expansion plan. Source: IGD Research Jaya Grocer will become a subsidiary of Grab Jaya Grocer is a premium banner in Malaysia that operates 40 stores across West Malaysia, with the majority in Klang Valley. Grab will acquire all...
16 December 2021
European variety discounter Pepco has reported total revenue growth, in reported currencies, of 17.2%. At constant currencies the retailer said total revenue growth stood at 19.3% for the year, underpinned by the opening of new stores. Retailer ends its financial year operating 3,504 stores During its 2021 financial year Pepco opened 483 new stores, taking its total to 3,504 at the end of t...