Retail and consumer goods industry news

09 December 2021
As Ahold Delhaize expands its partnership with Instacart for express deliveries and its Giant Food banner adds non-food ranges online with Ship2Me, we look at how the retailer is innovating in the channel. Ahold Delhaize US extends reach of agreement with Instacart Ahold Delhaize US has extended the reach of its existing agreement with Instacart. The initiative means shoppers at all the ret...
09 December 2021
We look at the steps the Campbell Soup Company is taking to mitigate accelerating cost inflation and its expectations for the year ahead. Benefiting from hybrid working The company saw organic net sales fall by 4% in Q1, against a backdrop of higher volumes last year as retailers rebuilt inventories. But the business continues to benefit from hybrid working practices and increased consumpti...
08 December 2021
In October 2020, FEMSA Comercio, which operates the OXXO chain of stores in Latin America, announced it had reached an agreement to acquire OK Market from SMU (Chile’s third largest retailer). The deal, which was reported to be worth close to US$55m, was subject to regulatory approval and has now been given the green light. This acquisition, coupled with OXXO’s expansion plans in Brazi...
08 December 2021
Convenience retailer McColl’s Retail Group has issued a trading statement for the full 52-weeks of its financial year to 28 November 2021, reporting overall sales down 11.2% to £1.11bn. Over the year performance has been impacted both by the planned closure of 100 stores and a string of supply chain issues that have affected availability in a range of product categories in the second half of the ...
08 December 2021
Kroger posted stronger than expected quarterly results, with identical stores sales up 3.1%. This was underpinned by the cooking at home trend and the acceleration of online. Cooking at home and health trends drive food sales Kroger’s CEO Rodney McMullen said the retailer continues to benefit from the eat-at-home trend. It’s Home Chef private label food brand became the latest to reach the ...
08 December 2021
London coffee shops have transformed since lockdown – they have had to find ways to attract shoppers back into the city when there is increasing working from home.  We identified brand experience as a key trend in the coffee shop sector for this year. Creating a brand experience enables coffee shop operators to build on their relationships with customers by making visits to their store...
08 December 2021
Walgreens Boots Alliance (WBA) is suggested to be looking to sell Boots in 2022 for up to £5 bn. According to reports, WBA has employed Goldman Sachs as advisors to explore options for Boots, with suggestions this could lead to a sale or IPO of the business. WBA priorities to focus on Walgreens’ US operations In October 2021, WBA announced changes to its strategic priorities, putting its ...
08 December 2021
How we shop has changed dramatically since the heyday of the out-of-town superstore in the 1990s, creating big challenges for food retailers to keep the space relevant and engaging for shoppers. Could Asda have found a winning formula with its newly relaunched Milton Keynes store? A just-completed £6.8m refit of features a host of innovations and trials that offers a vision of how large stores...
08 December 2021
Christmas is the most important trading season for retailers in the Philippines. This year, retailers have relied more on virtual events to engage shoppers in a safe way. In Singapore and Malaysia, retailers are encouraging Christmas pre-orders, showing appreciation to frontline workers and sharing photos of their stores through social media. Philippines: first ever Christmas drive-through by ...
07 December 2021
The GB market declined 3.8% in the 12 weeks to 28 November against 2020’s performance, according to the latest results from Kantar. This time last year there were tighter restrictions in Scotland and Wales and England was in its second lockdown. Grocery inflation highest level since June 2020 There are various factors currently impacting the market. Shoppers are returning to offices and o...