Retail and consumer goods industry news

08 July 2022
Spain-based Alcampo announced its full year 2021 results, during a challenge period, it recorded a decrease of 12.8% to €3,921m, compared to €4,497m in 2020. Alcampo’s investment 2021 The group highlighted during 2021 it increased its investment to €104m, an increase of 164.6%, compared to 2020. Alcampo allocated 16% of this investment to sustainability and 15% to the digitisation project, se...
08 July 2022
This Tuesday (5 July), FEMSA, a Mexican Coca-Cola bottler and convenience store operator, announced its all-cash offer to acquire Swiss convenience and foodservice retailer Valora. The deal is subject to regulatory approval, but if approved, FEMSA has agreed to purchase all the publicly held shares of Valora Holding AG for 260 Swiss francs per share, totaling CHF1.1 bn (€1.1 billion). It expect...
08 July 2022
Following the announcement of an end to its alliance with Carrefour, Louis Delhaize has agreed a buying partnership with Intermarché A partnership to improve buying power Belgian retailing group Louis Delhaize and French retailer Intermarché have announced a five-year buying partnership; In France, the Louis Delhaize group will be supplied national brands by Intermarché In Belgium and L...
08 July 2022
Accounts filed at Companies House show that A.S. Watson-owned Superdrug and Savers saw continued improvements in trading as 2021 progressed. The results for both companies were particularly pleasing given the challenges they both faced in Q1 due to the country being in lockdown. Superdrug revenues +5.1% in 2021 Superdrug recorded sales growth of 5.1% in 2021, although the pace of growth ben...
07 July 2022
We recently visited stores in Washington, D.C., and cities in Virginia, USA to capture the latest in-store activity and retailer initiatives. We identified 10 areas of focus spanning shopper marketing, tackling operational challenges and driving digital initiatives. Here are three of our standout themes. 1. Showcasing the value With inflation hitting a 40-year high, including elevated food,...
07 July 2022
After a tough year Aldi Denmark will continue its turn around in Denmark. The discount retailer shared its gross turnover of DKK 4.7bn with a loss of DKK 394m, still an improvement on 2019. The continued refresh of the brand is still taking place with expansion and modernisation in its 190 stores. Organisation Changes and stock delays drove poor performance in 2021 In 2021 all administrative ...
07 July 2022
As the UK’s retailers invest further in their sustainability initiatives, we round up developments from M&S, Tesco, Sainsbury’s and Iceland. M&S trials private label refillable homecare products M&S is trialling a fixture to enable shoppers to buy pre-filled cleaning and laundry products in six stores. The solution, which has been created in partnership with Re, will see shoppers pay an ini...
07 July 2022
As Midcounties Co-op, Southern Co-op, and Scotmid Coop launch a range of sustainability initiatives and the Southern Co-op expands its franchise network, we round up news from regional Co-ops. Midcounties Co-op’s members to enjoy 10% off Fairtrade products To help shoppers lead more ethically every day, The Midcounties Co-op has begun to offer its members a 10% discount on all Fairtrade pro...
06 July 2022
Walmart is integrating its InHome delivery programme by adding it as an option for members of Walmart+. Walmart InHome expansion InHome delivery enables customers to have their online grocery orders delivered straight into their homes, including into the fridge. This had previously been offered as a separate, fee-based service, in locations where the service was available. With Walmart expa...
06 July 2022
A.S. Watson will invest an additional HK$900m (USD$11.5m) to drive its digital transformation and offer an easier and faster offline plus online (O+O) customer experience. Technology focus areas A.S. Watson will focus on boosting the resources in its in-house ‘eLab’ and ‘TECHLab’ digital solutions, artificial intelligence, big data, and retail technology. ‘eLab innovates O+O customer ...