Retail and consumer goods industry news

05 March 2013
The latest data from the British Retail Consortium Retail Sales Monitor (BRC-RSM) show that UK retail sales growth accelerated to 4.4% in February 2013, with like-for-like growth on 2.7% the strongest seen since December 2009. Uplift driven by non-food While the February figures show growth across all retailing sectors, non-food retail was the strongest element, with clothing, health ...
05 March 2013
The managing director of Lloydspharmacy, Mark James, has left the company after less than a year in the post. Third departure in two and a half years Mark James, who was appointed managing director of Celesio UK in April 2012, has been replaced by Cormach Tobin, the managing director of the group's Irish division. A new Celesio UK board structure was announced last April, which included...
05 March 2013
Mercadona has announced its intention to enter the Basque Country, opening its first store in late 2014 or early 2015. Strategic plan involves commitment to 25 stores Mercadona has submitted a strategic plan which will see it invest more than €50m, over the next six years, to open 25 stores in the autonomous community and create 1,000 jobs.  Mercadona will also commit to purchase at leas...
04 March 2013
Following a successful trial in Northern Ireland, Tesco is to roll out a voucher-at-till price matching initiative across the UK next Monday as part of a major push to strengthen its value credentials, according to press reports. Comparison with major rivals An extension of the retailer's existing online Price Promise scheme, the new scheme will instantly compare prices to those offered by A...
04 March 2013
Supervalu has announced a number of senior leadership changes following its plans to divest five retail banners and almost 900 stores to AB Acquisition LLC. IGD’s view: moving quickly to fix the business With the divestment expected to be completed week commencing March 18th, Sam Duncan, Supervalu’s recently appointed president and chief executive officer, is moving quickly to establish hi...
04 March 2013
Poundland is building a new distribution centre in Harlow to support its rapid expansion. Investing in supply chain The new 350,000 sq ft distribution centre, costing £40m, will operate as  Poundland's main distribution centre for the south east of the UK and has the capacity to serve up to 200 stores. The new centre is planned to be fully operational by 2014. Rapid expansion Poun...
04 March 2013
Mexican retail group Controladora Comercial Mexicana (CCM) has reported net sales growth of 5.3% for 2012. Mexico City and metropolitan areas achieved best performance CCM said it saw solid increases in sales across all formats, especially supermarkets, as well as a better performance in the central and Mexico City  metropolitan areas; this was also the case in the fourth quarter.  Operat...
04 March 2013
Leading Chilean retailer Cencosud has reported consolidated revenue growth of 20% for the full year 2012, mainly driven by over 150 new stores. Double-digit increase in operating profit The new stores included 31 supermarkets acquired from Prezunic and 39 department stores from Johnson.  Along with one month's worth of consolidation in Colombian supermarkets, and positive same store sales ...
04 March 2013
Discount retailer Poundworld, has revealed that its Discount Wholesale operation has seen a massive rise in sales since going online. Impressive sales growth Since last year, the Discount Wholesale business has seen an uplift of 400%, following the launch of the website (www.discountwholesale.co.uk) in May 2012. The website offers over 2,000 products, targeting independent retailers, cove...
04 March 2013
Publix’s fourth quarter sales, adjusted due to a 53-week year in 2011, increased by 3.4%, with comparable store sales up 1.2%. Adjusted total sales for the full year increased by 3.8% to $27.5bn, with comparable-store sales up 2.2%. Value focus enhanced through digital coupons While Publix delivered a solid performance in 2012, driven by its differentiated stores and product offer, the ...