Online news

 

18 March 2021
COVID-19 has been a major catalyst for Singapore’s grocery market growth in 2020. As many Singaporeans worked from home and cooked more, the market grew four times faster than a typical year.  Since December 2020, more Singaporeans are allowed to work in offices. Demand for groceries is forecast to come off its peak and taper back to more normal levels over the next year. It is expected to hav...
17 March 2021
Amazon is on track to launch its first robotics fulfilment centre in the market by the end of 2021. 200,000 sq m facility If it stays on schedule, the new 200,000 sq. m. facility will open in late 2021. It aims to deliver a faster, more consistent experience for customers across Australia and is set to be the biggest warehouse in the country. As reported by 9News.com.au, the FC could theore...
16 March 2021
According to reports in France-based trade publication LSA, Picnic is finalising its launch in France, which will be supported by Cora, while Gianluigi Ferrari is set to be chief executive of the buying alliance, Everest, between it and Edeka. Gianluigi Ferrari to become chief executive of Everest The buying alliance between Netherlands-based Picnic and Germany-based Edeka, which was anno...
16 March 2021
Amazon has opened its second Amazon Fresh store, with Just Walk Out technology, in Wembley Park, London. Plans for further rollout At the beginning of March, Amazon launched its first Just Walk Out grocery format outside the US, operating under the Amazon Fresh banner, in Ealing, London. The retailer has now opened its second Amazon Fresh store in Wembley Park Boulevard. The 2,500 sq f...
16 March 2021
The SPAR Austria Group announced its 2020 results, reporting total sales rose 5.6% to €16.6 bn. In its home market, SPAR Austria’s food sales increased 16% to €8.32 bn, helping it gain market share during the year and, it claims, ‘ making it the new market leader in Austria ’. Total Group sales reach €16.6 bn… SPAR Austria said all its three business divisions – food retail, sports retail a...
15 March 2021
Dairy Farm International has reported an 8% drop in its subsidiaries’ revenue to US$10.3bn in FY20 (ending December 2020).  But total sales including from its associates and joint ventures has increased by 2% at US$28.2bn, primarily due to a higher sales contribution from Yonghui. Growth in grocery retail and IKEA offset by health & beauty and convenience The group’s sales performance in 20...
12 March 2021
Système U said its sales, excluding fuel, rose 8.3% in 2020. Although the results were driven by its online store, the retailer reported growth at all its formats. Its pace of growth during the year saw Système U gain further market share in France in 2020. Decreasing footfall offset by online sales… Système U said traffic at its physical stores declined by 10% during the year. Despite this...
12 March 2021
The JLP's results for the 53 weeks ending January 2021 show the business continues to see mixed performance between its brands, with Waitrose seeing strong growth and John Lewis struggling.  Partnership: decline in profits  Partnership total trading sales: £12,317m (2019/20 £11,747m) +5% Partnership pre-tax loss: -£517m Partners received no bonus payment The results show a sim...
12 March 2021
FairPrice is working with local agencies to test the use of autonomous robots in providing on-demand deliveries in Singapore. Greater convenience and flexibility Source: IMDA The trial is currently limited to a neighbourhood shopping complex in Punggol and the residential area nearby. The one-year trial will assess: Technologies such as AI for autonomous navigation, obstacle det...
11 March 2021
We review Sobeys’ third quarter performance, and the factors underlying its continued strong performance, including its focus on data and analytics and strategic investments into the discount, supermarket and ecommerce channels. Key numbers Q3: Total sales increased by 9.7% to $7.0bn Same-store sales increased 10.7% Ecommerce sales increased 315% Net earnings increased 46.3% to ...