News

Retail and consumer goods industry news

10 May 2021
With Loblaw seeing continued strength in Q1, we look at how it’s preparing for a tougher second quarter as it laps the surge in demand from last year. Q1 key numbers Retail segment sales increased 0.7% to $11.7bn Food retail same-store sales up 0.1% Drug retail same-store sales down 1.7%. While pharmacy same-store sales increased 3.5%, front store same-store sales fell 6.4% Ecom...
10 May 2021
Gopuff, a quick commerce pureplay in the US, has announced it has acquired Fancy in the UK, marking its entrance into international markets. Geographic growth Gopuff provides on-demand delivery of household products, medication, food and drink in over 650 cities across the US. It operates more than 250 micro-fulfilment centres to fulfil orders. Fancy, also a quick commerce pureplay, offe...
10 May 2021
Asda has published its first Environmental, Social and Governance (ESG) report. In it the retailer highlights how it plans to make it easier and affordable for shoppers to lead more sustainable lives. In preparation for the report, Asda communicated with over 3,000 customers to understand which ESG issues matter most to them. Three priorities stand out for Asda shoppers Asda’s research show...
10 May 2021
Boots has opened its first three stores with PT Mitra Adiperkasa Tbk (MAP), a lifestyle retailer in Indonesia. A quick store turnaround Walgreens Boots Alliance (WBA) announced plans to expand into the Indonesian market in 2019, with Boots International signing an agreement to form a store development partnership with MAP. The first set of store openings were expected to occur in the s...
10 May 2021
Uber and Gopuff have announced a strategic partnership to provide a solution for everyday essentials through Uber Eats. Everyday essentials delivery offering Gopuff provides on-demand delivery of household products, medication, food and drink in over 650 cities across the US. It operates more than 250 micro-fulfilment centres to fulfil orders. In 2020, Gopuff increased the number of micro-f...
10 May 2021
Casino said net sales fell by €1.1 bn to €7.1 bn in Q1 2021 versus the year before. Net sales fell by €467m in France, where strong growth at Cdiscount offset challenges elsewhere, while they decreased, in euro terms, by €680m in Latin America. However, the retailer noted the sharp improvement in its profitability during the quarter, with its EBITDA rising by €22m to €429m, driven by its on-going...
10 May 2021
Casino-owned Cnova has reported a strong performance in its first quarter, with growth driven by the number of users buying through its marketplace rising strongly. Marketplace represents 46% of GMV sales in Q1 2021 Cnova reported traffic, in millions of visits, increased by 18.9% to 294m in Q1 2021. More visits led to more orders, with the number rising by 16.9% overall, but with orders ov...
07 May 2021
Walmart is collaborating with Partnership for a Healthier America (PHA) and Higher Ground Productions to launch a new interactive experience that aims to show kids that healthy food can be fun. Inspiring families to cook fresh healthy foods The interactive culinary adventure experience, The Hidden World of Waffles + Mochi, is based on the characters from the Netflix show, Waffles + Mochi. I...
07 May 2021
On Tuesday 27 April Grupo Éxito (part of the French retail group Casino) opened its latest Éxito Wow store in Colombia, following an investment of COP10 bn (US$2.6m). The new store is the retailer’s twelfth in the Wow format and is the first to open in 2021. Source: Grupo Éxito Grupo Éxito reported solid annual sales growth of 13.9% for the Wow format in 2020. The majority of the ...
07 May 2021
Rewe has opened a ‘grab-and-go’-focused store in Cologne, which uses technology from Israel-based computer vision company Trigo. Store to open initially to Rewe staff and loyalty cardholders Rewe and Trigo said the store, which is on Zeppelinstraße, close to Cologne’s Neumarkt, will only be open to the retailer’s employees and loyalty cardholders. The companies are planning for the store to...