Retail and consumer goods industry news

23 September 2022
With no real desire to create another term or label in the retail industry, and anyway p-commerce has already been bagged as participatory commerce, the Groceryshop event in Las Vegas this week cemented a view that has been fermenting in my mind for a while that we are on the cusp of a new era of personalised commerce. Achieving the dream We must take a step back and remember that personalisa...
22 September 2022
Understand how retailers in Spain continue to tackle rising inflation, while Alibaba plans to accelerate its expansion for Europe. Explore how DinoSol achieved an increase in sales during 2021 and why Ahorramas closed 2021 with a decreasing turnover.   DIA invests €130m to tackle inflation DIA announced it has invested almost €130m during 2022 to help tackle inflation, Spain is a price sens...
22 September 2022
Waitrose has launched its new brand promise, under the tag line ‘Food to Feel Good About’. The campaign is aimed at highlighting Waitrose’s ‘ quality, taste, ethics and value, to celebrate food that makes a positive difference ’. Campaign to promote Waitrose’s aim to build a better future The advertising built around the campaign will see Waitrose highlight how ‘ when we ask more questions,...
21 September 2022
We look at how Walmart is partnering with a range of companies to enhance its retail media opportunities through expanding its social commerce presence. Taking advantage of social commerce growth Walmart’s retail media business, Walmart Connect, is set to pilot new programmes with a range of ‘Innovation Partners’, including TikTok, Snap and Firework. This will enable advertisers to reach sh...
21 September 2022
Leading UK convenience retailer Co-op has announced that Matt Hood (previously Commercial Director) has been promoted to Managing Director of its Food Retail operation while Peter Batt becomes Managing Director of its Nisa wholesale subsidiary. Jo Whitfield and Michael Fletcher stepping down Matt Hood replaces Jo Whitfield, having deputized for her as the head of the Co-op retail business w...
21 September 2022
IGD has released its latest data on the UK convenience channel. It shows the performance of the sector as the country exits its two-year pandemic episode, while facing into the developing cost-of-living crisis. Market data for the first half of 2022, split by segment and category, shows the extent to which the channel has been permanently reshaped by Covid-19, while our forecast to 2027 gives ...
21 September 2022
Coles is selling its 710 Coles Express sites to petrol and diesel supplier Viva Energy for AUD300m (US$201m). What does this mean for Coles? The deal will allow Coles to focus on its core supermarket and liquor business. Site branding will happen over the next three and a half years, with the majority updated within the next two. Although the sites will be rebranded, Coles’ shoppers will co...
20 September 2022
We review Sobeys’ first quarter performance and the outlook for the year ahead as it continues to advance its ecommerce, value and loyalty initiatives. Q1 key numbers Total sales increased 4.1% to $7,938m Same-store sales, ex-fuel, increased 0.4% Excluding fuel, gross margin increased 63 basis points Net earnings flat (-$1.0m) Final year of Project Horizon The retailer s...
20 September 2022
FairPrice has opened two Finest stores two weeks apart: one a Flagship store on a busy shopping strip and another at a local neighbourhood. We visited the second store that opened last week to understand how the retailer flexes its offerings to meet the needs of a more residential target. This two-storey store in Ang Mo Kio Ave 6 covers 23,000 sq. ft., including a 40-pax seating capacity cafe o...
16 September 2022
Following a successful pilot, Walmart Canada is planning a nationwide roll out of its AI (Artificial Intelligence) solution for on-shelf availability. Technology will reduce out-of-stocks The technology was developed by Focal Systems, a San Francisco based company that specialises in retail automation. It uses a network of shelf-edge cameras to automatically detect availability issues (e.g....