Retail and consumer goods industry news

22 September 2021
The country is seeing a wholesale store boom. Yonghui opened its first wholesale store in May 2021, it now has 45 such stores. Local retailers are rushing into the wholesale sector, encouraged by Yonghui’s good results Yonghui opened its first wholesale store in May 2021 by upgrading one of its Bravo YH supermarkets in Fuzhou. Within four months, it has upgraded 45 selected stores into wh...
21 September 2021
Today at its trade briefing with IGD, Co-op unveiled plans to search for and support innovative micro-businesses through a new incubator programme. Launching in the New Year, the programme – which sits alongside the Co-op’s successful local sourcing programme – has co-operation at its heart and aims to build deep relationships with potential new suppliers while driving innovation, range divers...
21 September 2021
We bring you the latest news on Rewe’s sustainability and health initiatives, as well as its online developments. Aiming for carbon neutrality by 2040 Rewe is planning to reduce its greenhouse gas emissions by 30% by 2030 and is aiming for carbon neutrality by 2040. It has already reached its goal of halving greenhouse gas emissions per square meter of sales area by 2022. It has just signed...
21 September 2021
bp and Albert Heijn have reaffirmed their commitment to expand their partnership in the Netherlands. By the end of 2022, more than 100 petrol stations will have an AH to go The two businesses first partnered in 2016 and announced expansion plans in March 2020 , but progress has stalled because of the pandemic. The roll out will help boost bp’s food credentials, while enable Albert Heijn to...
21 September 2021
Boots UK has launched an in-house marketing service called Boots Media Group. The service’s aim is to support its supply partners in delivering more targeted advertising campaigns. Leveraging data from Advantage Card loyalty programme Boots Media Group will allow suppliers to gain further insight into its shoppers’ needs and habits via its Advantage Card loyalty scheme, which has 17m active...
20 September 2021
We highlight two of the latest developments in quick commerce, including the potential for next minute deliveries and consolidated shopping trips. Retailer Platform Robomart , which operates a fleet of on-demand automated stores, which consumers can summon to their home in less than ten minutes using a dedicated app, has launched a new Retailer Platform. This enables retailers to partn...
20 September 2021
In a significant expansion of its interests in wholesale, Morrisons has partnered with online platform StarStock to supply hospitality businesses. 1,500 lines to be offered through online platform The deal with will allow pubs, restaurants and hotel owners to buy stock directly from the Bradford-based grocer. Initially over 1,500 lines will be offered through StarStock’s platform, includi...
20 September 2021
Following its trademarking of ‘Shop & Go’ with the Intellectual Property Office, Aldi has launched its first check out free store. Where is the trial taking place? Aldi is trialling the new technology in a London store, the location of which has not yet been announced. How will it work? From our understanding, shoppers will use their phones to access the store via a smartphone...
20 September 2021
DIA has reported group turnover decreased by 9.1%, to €3,193.7m, in the first half of 2021. DIA’s sales performance by market The retailer operates in four markets: Argentina, Brazil, Spain, and Portugal. By market it reported: DIA Spain announced its H1 sales of €2,089.7m, a decrease of 7.7%, compared to H1 2020 DIA Portugal revealed a decline of 4.2% to €296.3m in H1 2021 DIA Brazil...
20 September 2021
Southeast Asia's convenience channel is expected to grow at a CAGR of 9.1% from 2020 to 2022. Southeast Asia is a convenience hotspot It has the highest concentration of convenience sales relative to other regions. Its total convenience sales value in 2020 is US$36bn.   Source: IGD Research Convenience is growing in importance It will widen its lead over other physical chan...