Retail and consumer goods industry news

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...
12 April 2022
SPAR International has announced it has selected Spaaza, with the latter supporting it on the development of SPAR’s personalised loyalty and savings platform. Solution to offer SPAR’s global partners with new ways to engage shoppers SPAR International said Spaaza will help its partners globally to increase their shopper engagement ‘ through the provision of personalised offers ’. SPAR Inter...
12 April 2022
We have visited the first permanent cashierless store in Spain, which was opened by locally based start-up Geniot, in Madrid in March. The pilot store relies on the APRE (Automatic Pilot Retail) system, which has been developed by Geniot, and enables the store to be open 24/7 with a minimal number of staff. The launch comes after the opening of a pop-up cashierless store from start-up Ghop and fo...
11 April 2022
As Walmart ramps up the expansion of Walmart Health, we look at what this means for the business and what it signifies about its wider strategic goals. Entering Florida with five Walmart Health facilities Walmart’s aiming to be a trusted healthcare partner by providing access to high quality care at an affordable price. As part of this, it launched the first Walmart Health facility in 2019....
11 April 2022
With smartphone penetration set to increase to 1bn by 2026, “super apps” are a hot topic in India. Tata, parent company of online grocery leader BigBasket, is the latest to launch in the market. Seamless, single-platform shopping and more The Tata Neu “super app” launched 7 th April 2022, experiencing half a million downloads in its first day.   The “super app” unites a wide range of ...
08 April 2022
Latest accounts filed with Companies House for the Bestway Wholesale Holdings business (covering all Bestway’s wholesaling, retail and symbol group operations) show that combined turnover for the year to June 2021 reached £2,660m, up 9.6% on 2020. Against a background of solid demand within the core wholesaling business (under the Bestway and Batleys brands) performance was notably boosted by the...
08 April 2022
We identified five sustainability trends we expect to see throughout 2022. Our subscribers can access the full sustainability trends 2022 report here. We highlight how retailers are delivering on their targets to reduce their environmental impact. Our five sustainability trends include: Innovating packaging solutions Retailers and suppliers will continue to tackle plastic packaging and cr...
08 April 2022
As Uber Eats partners with bp in a global retail partnership and quick commerce pure play Getir raises another $768m, I round up the latest developments within quick commerce. bp and Uber sign global strategic partnership bp and Uber have signed a new global strategic convenience partnership. Together they plan to make more than 3,000 retail locations available on Uber Eats by 2025. The ...
07 April 2022
Leading UK convenience retailer Co-op has announced its full-year results for the 12 months to 1 January 2022, reporting sales in its core Food Retail division of £7,671m a decline of 1.2% versus the pandemic-boosted performance of 2020. On a like-for-like basis (excluding fuel) Food Retail sales were down 2.9%, though on a two-year basis this measure was up 3.3%; showing how the business has ret...
07 April 2022
Kroger, the second largest grocery retailer in the US, has started a new restaurant delivery service in Texas. Providing operators with flexibility Kroger Restaurant Supply has started operating in the Greater Dallas area. It’s been set-up to provide operators with a range of products at consistent prices, supported by a robust supply chain. They can purchase items by the case or unit. Regi...