Retail and consumer goods industry news

16 September 2022
Vietnamese retailer Masan has launched WINLife ecosystem, a relatively new retail format in Vietnam. Its 27 new WIN stores offer a one-stop shopping destination for the purchase of various daily essentials, including grocery products and services. Source: Masan Group One-stop store format for convenience Masan positions WINLife as a “ one-stop shop ecosystem that provides consumer...
16 September 2022
As Tesco and The Entertainer partner for toy concessions and Morrisons sets out its ambitions for the Morrisons Daily banner, we round up developments in the market. Tesco and The Entertainer partner for toy concessions A little time after Asda opened its Big Toy Shop , following the ending of its trial with The Entertainer, the latter has signed a partnership with Tesco to trial the add...
15 September 2022
Zabka has just unveiled its new Eko Smart format of stores, showcasing plenty of innovation by the Polish convenience retailer. Further innovation amongst its rapid expansion Zabka has launched the first of its Eko Smart stores in Poznan, with plans for three further stores. The new format combines ecology and technology and is part of the Zabka Group's ongoing responsibility strategy. E...
15 September 2022
Waitrose has said its total trading sales were down 5% in total and like-for-like terms during the 26 weeks to 30 July. In the six months Waitrose generated sales of £3.6 bn, with it benefiting from more shoppers, but with them spending less. Shopper numbers up, but smaller basket sizes Waitrose highlighted how inflation had affected consumer spending, with customer numbers up by 6% year-on...
14 September 2022
Yesterday marked a huge moment in UK grocery retail. Aldi has overtaken Morrisons to become the retailer with the fourth largest share in the market for the first time, according to the latest results from Kantar. The Big Four is no more? According to the latest Kantar market shares, in the 12 weeks to September 4, 2022, Aldi’s sales rose by 18.7%, increasing it to a 9.3% market share. At...
14 September 2022
Asda has started restricting sales of its recently launched Just Essentials economy private label range to three units per customer for each item in the range, with strong demand for the new assortment thought to have exceeded initial supplies. Range ' proving really popular' An Asda spokesperson has stated that “ Just Essentials is proving really popular at the moment and we’re working ha...
13 September 2022
Ocado Retail has announced an increase in revenue of 2.7% to £532m in its third quarter, 13 weeks to 28 th August 2022. However, the retailer now expects a small sales decline in FY22. Strong customer growth, but shoppers seeking value online Ocado announced record numbers of new customers, with active customer numbers growing 23% year-on-year (YoY) to 946,000. This saw an increase in aver...
13 September 2022
On September 5, Brazilian retail group Grupo Pão de Açúcar (GPA) announced plans to sell 83% of the shares it owns in its subsidiary Grupo Éxito, Colombia’s leading grocer. The sale is aimed at generating increased value for Éxito shareholders but should enhance the market value of GPA and Éxito alike.    GPA will retain a minority share of 13% in Éxito but has the potential to monetise its ho...
13 September 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 4 September 2022 total till roll consumer spend in Great Britain rose by 3.8%. It noted this was the third month in a row the market had seen growth, following more than a year of declines, due to challenging comparisons driven by the pandemic. Discounters benefiting from risin...
13 September 2022
As the Competition and Markets Authority publishes its report into Morrisons takeover of McColl’s and the Asda on the Move banner continues to open new stores, we round up developments from the channel. Morrisons takeover of McColl’s will ‘ not harm the vast majority of shoppers or other businesses ’ The Competition and Markets Authority (CMA) has published its results of its initial invest...