News

Retail and consumer goods industry news

20 April 2022
The newly launched store has an area of 3,400 sq.m. and carries more than 17,000 items. Catering to residential area The store is on Pattanakarn 30, an upscale residential area in Eastern Bangkok. It is the retailer’s first standalone store with parking space which aims to support shoppers who prefer to shop near their homes. There are major roads linking the large-scale real estate project...
20 April 2022
Flipkart, Lazada and Tmall, leading ecommerce operators from across the region, are launching new customer-facing initiatives that tap into the desire to make better choices for people and the planet. Tmall introduces carbon emission product labelling Alibaba’s online marketplace Tmall is launching new product labelling to help shoppers understand environmental impact when making shopping w...
19 April 2022
Sam’s Club is evolving its Member’s Mark private label to be a purpose-driven brand. New brand identity Member’s Mark is the retailer’s sole private-label range having consolidated around 20 different brands in 2017. Over the last five years, it has continued to invest in product development and quality, with more than 1,200 new or reformulated items launched in the last two years. Building...
19 April 2022
Join us on Tuesday 26 April to hear from Robin Mills, Managing Director, Compass Group UK & Ireland who will present this year’s highly-anticipated Arena Savoy lecture. Attended by suppliers and operators in the eating out sector, this coveted event, will provide unrivalled knowledge that guests can take back to their businesses to help navigate the challenging economic landscape. Robi...
14 April 2022
Albertsons outlined its new transformation strategy, Customers for Life, placing its customers at the heart of its growth-centric model. Customers for Life The central element of Customers for Life is a plan to place the customer at the centre of everything it does, with the goal of “supporting them every day, every week, and for a lifetime.” Beyond shopping its stores, Albertsons wants its ...
14 April 2022
The latest release from the British Retail Consortium Retail Sales Monitor show that UK retail sales grew by 3.1% in March. Non-food categories continue to provide the key upsides, but food sales, which were down 6.1%, proved to be a particular drag due to the timing of Easter in 2021, which was compounded by the impact of the ongoing pandemic restrictions in March last year. Three-month food ...
13 April 2022
PayPal's John Rainey has been named as Walmart’s new CFO. He takes over the position from Brett Biggs on June 6. Biggs announced last year that he would be stepping down from his role, having spent 22 years at the retailer. Joining from PayPal Rainey joins Walmart from PayPal, where he currently serves as its CFO and EVP, Global Operations. He joined the company seven years ago, helping it ...
13 April 2022
Availability issues Operational labour and HGV driver shortages continue to disrupt food supply chains. Food and consumer goods businesses have been hit hard by recruitment and retention challenges. This is resulting in lower order fulfilment levels than normal, meaning there is an impact on availability of some food and groceries. The government has committed to a package of support i...
13 April 2022
As Tesco releases its annual results, Senior retail analyst Nick Gladding shares his initial thoughts on today’s numbers and what they tell us about the direction of travel at the UK market leader. Strong performance across the group drives sales and profits Group sales growth of 3.0% in the year to February 2022 is undoubtedly impressive against highly challenging pandemic elevated compara...
12 April 2022
Building on the launch of a new concept last year, USA-based, The Fresh Market, has opened a new store to showcase its premium retail credentials. Sensory experiences As with the new concept which launched in Greensboro last year, the store experience is based around two sensory elements. It has partnered with Roasting Plant Coffee to offer an exclusive "Just Roasted, Just Brewed, Just...