Retail and consumer goods industry news

31 August 2021
Although absence rates relating to COVID-19 are thought to be falling, broader operational labour and HGV driver shortages are continuing to create challenges for supply chains. This is resulting in lower order fulfilment levels than normal, meaning there is an impact on availability of some food and groceries. In the latest shopper research conducted for IGD over this last weekend 27-29 Augus...
31 August 2021
Edeka has created a new buying alliance, Epic Partners, in conjunction with Everest alliance member Picnic. Following its launch, Edeka has encouraged several new members to join the group. A multi-national group Epic Partners, which has its headquarters in Geneva, will negotiate with the industry internationally. The group’s members include Biedronka, Migros, Magnit, ICA, Jerónimo Martins ...
31 August 2021
The first 7-Eleven Cambodia store opened officially on 30 th August. Key representatives at opening ceremony Source: CP ALL The opening was officiated by Mr Chairote Thiwat Muncharoen, Senior Executive Vice President, International Unit, CP All Public Company Limited. A simple opening ceremony took place due to the current COVID-19 situation. Other guest include  Lokjum Tiaoto Pil...
30 August 2021
We look inside the latest store opening from Save-On-Foods, one of Canada’s leading grocery retailers, to discover strengths in fresh and prepared foods and creative ways to drive interest in the centre store. Western Canada focus With 185 stores across Western Canada, Save-On-Foods is one of the leading retailers in the region. It recently opened a new 39,000 sq ft store in Surrey, BC, its...
30 August 2021
The retailer is in the process of renaming its stores from Tesco to Lotus’s in Asia. Besides improving its operations and product mix, it has recently shared its plans to expand the chain in Thailand. Improving fresh food quality CP Group is leveraging the group’s strengths to improve the quality and selection of fresh food at Lotus’s. A lot of effort has been put into sourcing directly fro...
27 August 2021
We look inside the latest brand partnership at Target, with the launch of the Ulta Beauty store-in-store concept. Contemporary concept design Target and Ulta Beauty have launched their brand partnership in the first of 100 locations. Currently, the concept is live in 60 stores. The Ulta Beauty area features a bold design with lighting and fixtures which create a premium beauty and modern lo...
26 August 2021
We review the outlook for The JM Smucker Co. (Smucker) as it deals with stronger cost headwinds and supply chain disruption. Facing tough comparables form 2020 The company delivered a solid sales performance in Q1, with net sales, excluding divestments and foreign currency impacts, up 1.0%. This was against tough comparables, having delivered double-digit growth in the same period last year...
26 August 2021
Woolworths has released its FY21 results with sales up 5.7% to AU$67,278m and EBIT up 13.7% to AU$3,663m, online continues to be a big winner with ecommerce sales up 58.1% to AU$5,602m. Australian Food sales up 5.4% to AU$44,441m Growth of 10.6% in H1 was offset by growth of just 0.2% in H2, as Woolworths cycled tough comparative trading periods vs. the year before. Similar to Coles' result...
26 August 2021
We visited the CS Fresh Gold flagship store at Paragon, operated by DFI Retail Group, which reopened yesterday after a major revamp. It is part of a SGD40m (US$30m) rebranding exercise which will take place across all its 48 CS Fresh and Cold Storage stores by the end of 2022. CS Fresh Gold at Paragon Previously a Market Place outlet by the same retailer, the flagship store at Paragon is na...
26 August 2021
Walmart majority-owned Massmart is divesting non-core retail assets to Shoprite Checkers, the leading grocery retailer in South Africa. The retailer has also confirmed that it is in talks to acquire a controlling stake in OneCart, the country’s leading grocery delivery service. Divesting Cambridge Food, Rhino Cash and Carry and Masscash Cash and Carry Massmart is divesting its Cambridge Foo...