Retail and consumer goods industry news

16 June 2021
Amazon announced it has opened a new Amazon Fresh store in Bellevue, Washington which will feature the retailer’s Just Walk Out technology. First full-size grocery store to feature the tech The new Amazon Fresh store is 25,000 sq ft. It is significantly larger than Amazon’s stores that have opened to date which feature the Just Walk Out technology. For example, its Amazon Go Grocery store t...
16 June 2021
Carrefour, as part of its 2022 Transformation Plan, said it would invest €2.8 bn over five years in its digital operations to put technology and data at the heart of its strategy. We look at three initiatives from the retailer, one at the Group level and the others in Brazil and Spain, underlining its commitment to this part of its strategy. Carrefour launches new data and retail media strateg...
16 June 2021
As Auchan and Intermarché establish new buying units or teams, we round up news from the retailers. Auchan establishes U2A buying unit Following on from the ending of the Horizon buying alliance , although the retailer said the decisions were separate, local trade publication LSA has revealed that Auchan has established the U2A buying unit. U2A will coordinate the buying from 70 of its l...
16 June 2021
Vaccination to protect against COVID-19 is now more accessible in Asia, but the uptake has been sluggish.  To encourage more people to get the jab, some retailers as well as suppliers from the food and grocery industry are offering discounts and prizes for vaccinated individuals.  Hong Kong: ParknShop, Watsons and Sa Sa offer cash vouchers The CK Group has launched a lottery for Hong Kong r...
16 June 2021
Walmart is converting its Supercentre hypermarket in Terrace, BC to a cashier-free model, using different configurations of self-checkouts. US trial The store in Terrace has been selected due to its high self-checkout use. The store will be remodelled to feature traditional self-checkouts and larger self-checkouts for bigger baskets and carts, with store associates available to support cust...
15 June 2021
Leading online pureplay, Boxed, and Seven Oaks Acquisition Corp., a publicly-traded special purpose action company, have announced a definitive agreement for a business combination that would result in Boxed becoming a public company. This will unlock new investment in the online grocery and tech company. Unique business model Boxed has developed an innovative approach to grocery ecommerce,...
11 June 2021
Kroger’s second customer fulfillment centre (CFC) powered by Ocado technology is a real milestone as it marks the entry of the retailer in a new state, Florida. Accelerating with digital This month, Kroger opened its second automated CFC in Groveland, Florida. As part of its strategy to accelerate with digital, Kroger is ramping up its ecommerce development. Florida is one of the few states...
11 June 2021
Australia’s market leading retailer continues to make progress against its strategic priorities, we round up some of the biggest developments over the last few weeks. PFD Food Services acquisition approved Woolworths has finally been given permission to acquire Australia’s second largest foodservice supplier, PFD Food Services. The retailer originally announced its intent to buy a 65% s...
11 June 2021
Tesco has begun to wind down its international wholesale business and plans to close it down completely by mid next year according to reports in Retail Week. An end to own brand exports Although the business is understood to have performed well during 2020, Tesco has apparently decided taken the decision after a “thorough consideration of its scale and growth potential”. The division export...
11 June 2021
Asda has revealed sales grew strongly in the first quarter of 2021 and made public further details about 2020 trading in newly filed annual accounts. Key numbers from Q1 LFL sales +7.3% (ex fuel), boosted by the impact of the UK’s third national national lockdown. This is a build from the 5.1% growth achieved in Q4 Food LFL sales +3.9%, as customers continued to stock up on core g...