Retail and consumer goods industry news

24 June 2022
We look at Sobeys’ fourth quarter performance and consider what’s next for the business as it moves into the final year of Project Horizon, its three-year, growth-focused plan. Q4 and FY key numbers Total sales increased 13.3% to $7,841m, underpinned by the acquisition of Longo’s and an extra trading week (53-week calendar) Q4 same-store sales (ex-fuel) decreased by 2.5%, reflecting e...
24 June 2022
We look at three initiatives from Australia’s Coles as it aims to become the country’s most sustainable supermarket. Collaboration leads to market debut for eco-bottles As part of a collaboration with packaging company Packamama and wine producers Accolade Wines and Taylors Wines Coles has exclusively introduced a wine bottle made entirely from Australian-sourced 100% recycled PET plastic. ...
24 June 2022
As Woolworths launches a new quick commerce service and plans to stop selling reusable plastic shopping bags we round up developments from the retailer. Woolworths launches Metro60 quick commerce service Woolworths’ Metro60 service will enable shoppers to order through an app for delivery in an hour. The service, which will initially launch in 11 eastern Sydney suburbs, will carry an AU$5 d...
24 June 2022
This year, a number of retailer meal deals have seen a change in their pricing strategy, and Amazon Fresh is the latest to follow suit. Earlier on in the year, Tesco increased their meal deal price from £3 to £3.50 , except for Clubcard members. This move would have pushed food-to-go customers without a Clubcard to the loyalty scheme, helping Tesco to collect more data on meal deal shopping t...
24 June 2022
Protein-alternatives is likely to expand in Asia with innovative products, new ways of distribution and production facilities. 1. Insects in vending machine by Sanpuku Holdings The vending machine which promotes the snacks as "highly nutritious meals of the future," is the first of its kind in western Japan's Shikoku region. There are nine types of insects available including fried crickets...
23 June 2022
Two of Canada’s leading retailers, Loblaw and Walmart, are launching new programmes to provide shoppers with a range of grocery items in as fast as 30 minutes. While Walmart is adopting a more conventional model for quick commerce, Loblaw is bringing some innovation to the channel. Two launches in two days The announcements from Loblaw and Walmart Canada signal that the Canadian retail mark...
23 June 2022
Flash delivery service Gorilla plans to exit Belgium, as Colruyt starts trialling its home delivery service and Amazon sets up to enter the market. Separately, Delhaize reveals its reducing is private label prices by up to 30% and Russian discounter Mere faces challenges in the market.      Gorilla exits from the market Recently Gorilla the German flash delivery service confirmed they plan ...
23 June 2022
7-Eleven opens its first ever beachfront store in Singapore, in partnership with Tiger- Beer to reimagine convenience shopping with a refreshing twist.   Beachfront Store in Singapore The new store, in partnership with Tiger Beer, will be a beachfront store at Palawan Beach, Sentosa. Apart from eye-catching aesthetics that would make for a great Instagram post, the store will feature chil...
23 June 2022
The long-awaited addition to London’s Market Hall group has opened in the heart of London’s thriving business district – Canary Wharf. Originally announced in May 2019, the opening was delayed due to the pandemic. Having opened three food halls pre-pandemic, specifically Fulham (since closed), Victoria and Oxford Street, the company has been eager to expand. Last week we visited the si...
23 June 2022
The newly published annual report for 2021 saw a 2.9% increase in sales on the previous year, with an annual turnover of €62.7bn. Edeka remains the market leader in Germany with an impressive 29.8% market share.. CEO promises large investments for 2022 Markus Mosa, Edeka’s Chairman of the board and CEO talked about the possibility of acquiring a further 80 new locations for its discount ret...