Retail and consumer goods industry news

25 July 2013
Tesco is rebranding its previous Clubcard Rewards and Exchange initiatives, consolidating them into one service under the banner "Clubcard Boost". Exchange scheme extended Within the new Clubcard Boost branding, shoppers will still be able to partake in the Exchange scheme, which has been extended to the end of the year. This allows shoppers to trade in £5 worth of Clubcard vouchers for £...
25 July 2013
US Retailer Target has launched a new Beauty Concierge in stores across the US. Highly trained beauty enthusiasts Each store participating within the programme has been staffed with a highly trained Beauty Concierge who is available to give advice and answer any queries customers might have in-store. The Beauty Concierge is a trusted expert located in the beauty aisle who can provide custom...
25 July 2013
On a group basis Casino's sales rose by 40.4% in the second quarter of 2013 to €12,086m, following the consolidation of GPA in Brazil and Monoprix in France. However, the divisional performance in France underlines a more challenging position; hypermarket same store sales excluding fuel declined by 10.5%, while supermarkets were down 8.7%, on the same basis albeit with a negative calendar impact. ...
25 July 2013
The UAE-based operator of Carrefour’s hypermarkets and supermarkets in the Middle East has announced a first half trading statement that showed sales at its retail business unit rose by 9% to AED9.2 billion (US$2.5 billion). Company highlights milestones reached during H1 During the first three months of 2013 Majid Al Futtaim acquired the minority share in its joint venture with Carrefour , ...
25 July 2013
Following a strong performance in Q2, Big C reported interim sales of THB 30bn (USD 965m), growing 7.5% on last year. Its ambitious store opening plans are on target. Same store sales and rental income boosting Q2 performance Same store sales grew a robust 3% in the second quarter despite less favourable economic conditions than forecast. Successful marketing activity such as targeted coupo...
25 July 2013
The retail arm of India's Reliance Industries Limited (RIL) reported growth of 53% in Q1, with turnover reaching IND 34.7bn (USD 588m). Strong Q1 performance across multi-format portfolio Same store sales growth ranged between 10-22% across Reliance Retail's varied grocery, jewellery, fashion and digital store network. The company operates over 1,500 stores across 134 cities in India ...
25 July 2013
Domestic retailer Mydin launches its new high-end Sam's Groceria banner to cater for Malaysia's affluent shoppers. Mydin adding to its multi-format portfolio Traditionally positioning itself as a value-orientated retailer, Mydin  operates a multi-format store portfolio including hypermarkets, supermarkets, convenience stores and cash and carry outlets. Plans to diversify into premium grocer...
25 July 2013
UAE-based LuLu has announced that it will open its 106th hypermarket in the region in Ibri, Oman. New store builds on retailer’s regional presence LuLu said that the new store will measure nearly 14,000 sq m, stock about 45,000 products and, as with its operations elsewhere, be supplied by local manufacturers. Discussing the company adding a store in Oman, its managing director, Yusuffali ...
25 July 2013
Best Buy, Canada’s fastest growing retailer and e-tailer of consumer electronics, entertainment software and personal computers is to start selling beauty and healthcare products online. Expanding assortment Best Buy is synonymous for being one of Canada’s leading consumer electronics retailers, however, it has announced the launch of a lifestyle brand that targets female customers and is...
24 July 2013
@WalmartLabs has acquired Torbit, a technology company specialising in front-end optimisation. Its primary focus has been to develop measurement, analytics and performance improvement tools to help companies identify and enhance their overall site performance. Talent acquisition an important element of the deal Strategic acquisitions have been a key element of the growth and development str...