Retail and consumer goods industry news

19 January 2021
In a store opening race post-COVID, Alibaba opened 21 new Freshippo stores and JD.com 14 SEVEN FRESH outlets in just one month.  Alibaba opens 21 new stores in 13 cities in December The 21 new stores include 19 Freshippo supermarkets and two Freshippo Mini. “ The store opening in December is the fastest in our company’s history ,” said a Freshippo official. Every crisis brings opportun...
19 January 2021
Spain-based discounter DIA has revealed its Q4 2020 results, which showed total group sales of €1.7 bn and an increase in like-for-like (LFL) sales of 6.9%. The results were particularly positive given DIA’s store numbers fell by 457, with the retailer ending Q4 2020 with a total of 6,169.  Division sales performance DIA Spain’s sales increased by 9%, to €1.14 bn, while LFL sales grew by 10...
19 January 2021
Morrisons has announced plans for a major range reset, which will see it review more than 170 products during 2021, as reported by The Grocer.  Providing more value for money According to the report, Andy Atkinson, Morrisons’ group commercial director, told suppliers about the review at an online conference this week. The range review’s aim, which will start in the spring, is to make it sim...
19 January 2021
Leading UK food and grocery wholesaler, Booker has relaunched its website suite on 19 January, bringing a long-awaited, updated transactional experience to its extensive online B2B customer base.  Now optimized for mobile access, the new website offers a significant step-on in look and feel and flexibility of use, while retaining key aspects of layout and taxonomy that have become familiar to the...
19 January 2021
Freshippo, Alibaba’s grocery retail chain launched in 2016, is the gold standard for the integration of online, offline, technology and logistics to create a greatly enhanced shopping experience. In an exclusive interview with IGD, Guo Xulin, Chief of Staff of Alibaba’s Freshippo Business Group, highlights the aspects that distinguish the New Retail, which Freshippo represents, from old retail. ...
18 January 2021
Market leader Conad has announced its preliminary results and is expecting to have generated a turnover of €15.7 bn, an increase of 10.2%, in 2020. Meanwhile, Todis revealed its results, saying it had seen an increase in turnover and like-for like (LFL) sales. Conad’s sales performance in 2020 Conad announced its preliminary results for 2020, saying it expected to increase its turnover by 1...
18 January 2021
With health and wellness the focus for many retailers at the start of the year, we look at three new initiatives from North America. These are centred on helping consumers make healthier choices, access specialist information, and track progress on their healthy eating journeys. USA: Hy-Vee launches virtual dietitian platform The new platform, Healthie, from Midwest-based Hy-Vee, enables cu...
18 January 2021
Italy-based Gruppo Selex announced it expects to have increased its turnover by 31.7% to €16.2 bn in 2020. Meanwhile, it said it had enjoyed a strong start to 2021 with the joining of the SUN consortium as shareholders. Strong sales performance Selex announced its total turnover is expected to reach €16.2 bn in 2020, an increase of 31.7% compared to 2019. The group ended 2020 with 3,207 sto...
18 January 2021
As Netherlands-based Picnic enjoyed a doubling in turnover in 2019 and Farmy tripled its sales in 2020, we look at four developments in the online channel across Europe. Farmy tripled its turnover in 2020 Farmy, an online grocery specialist that only sells regional and organic products from more than 1,200 authentic producers in Switzerland, has reported growth of 170%, to CHF26m (US$29.2m)...
18 January 2021
South Africa-based Pick n Pay have announced that Richard Brasher will retire from his role as chief executive from 21 April 2021. The retailer said that Brasher will be succeeded as CEO by Pieter Boone, who was formerly the chief operating officer of Metro AG. Brasher to leave Pick n Pay in stronger position than when he arrived Brasher leaves after eight years as chief executive of Pick n...