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Costco delivered another solid year of sales for fiscal ‘23, despite the ongoing affect of weakened sales in high-ticket discretionary items. Here we explore its performance in more detail and give insight into its 2024 expansion plans and steady digital transition.

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In September, Alibaba’s supermarket chain, Freshippo, opened 30 new stores across China, averaging one store per day, amounting to 350 locations. Freshippo’s latest expansion developments The recent openings include 16 Freshippo Xiansheng supermarkets (meaning “fresh food” in Mandarin”), three Freshippo Mini stores, 9 Freshippo outlets and one Freshippo X club across China. In addition t...
If you have not heard about Temu before, you probably would start noticing more and more of its ads on your social media after reading about it. 1. What is Temu? Temu, launched in September 2022, is a cross-border ecommerce platform owned by PDD Holdings (formerly known as Pinduoduo) in China. It has been one of the recently most downloaded apps in the UK and US with 50 million downloads in m...
Walmart reported ‘better-than-expected’ results in sales, operating income and adjusted EPS in the second quarter. Off the back of this, it has increased its full-year guidance. Here we delve into those numbers and explore the latest updates to its strategy.   Key numbers Q4 total revenue increased by 5.7% to $161.6 bn Sales in US stores grew by 5.4% (net), with Sam’s Club up 5.3% (...


KFC’s new eco-stores reward sustainable customers
In this report we review Walmart's grocery retail outlook and strategic priorities for the next five years. We use this to provide considerations and implications for suppliers.
An in-depth review of the retailer's current and future performance, including an update on its strategic priorities and what this means for suppliers.

Key Presentation

China Country Presentation

A guide to China’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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5-year forecasts to 2027

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