Retail and consumer goods industry news

20 April 2021
Ocado has announced it is investing £10m in autonomous vehicle software from Oxbotica. Autonomous driving software Oxbotica was founded in 2014 by two Oxford University professors. The autonomous driving software company was the first in the UK to test self-driving vehicles in public. Ocado first partnered with Oxbotica in 2017, conducting a two-week trial using an early prototype delivery ...
20 April 2021
The convenience channel remains a great opportunity for growth. We have published a series of new reports for our IGD Retail Analysis subscribers: The convenience channel’s global outlook Global growth opportunities Multiformat retailers trading convenience stores Below are some of the key highlights to help you plan for the future... Use IGD’s view to drive change...
20 April 2021
Rewe, following previously trailing its performance in 2020 , has confirmed its results for the year. It said the Group’s external turnover rose 20.4% to €75.3 bn, while its turnover not including independent retailers increased by 23.9% to €55.3 bn. The numbers… Rewe reported: Rewe Group total external turnover: +20.4% to €75.3 bn Rewe Group turnover not including independen...
19 April 2021
Having delivered a strong first quarter, we highlight 10 key facts we learnt from PepsiCo’s results and what they indicate about the post-pandemic environment. What we learnt? 1. Pandemic trends persist - large formats and ecommerce are continuing to perform well, benefitting from at-home consumption trends, supported by consumer-centric innovation. This aligns with the experiences of oth...
19 April 2021
As Casino looks to grow its presence and innovates with its proximity estate, we look at four new innovations being rolled out by the retailer in France. Monoprix opens Pedestrian Drive in Paris Following the format’s expansion by other retailers, Monoprix has opened its first Pedestrian Drive in Paris. The service will be for shoppers who have signed up to Monoprix Plus and will enable the...
19 April 2021
This month Kroger officially launched its new grocery delivery service via its first Customer Fulfillment Centre (CFC) powered by Ocado. With this new automated warehouse, Kroger has taken a different approach compared to most other major retailers in the US. But can this unique strategy enable Kroger to win in the competitive online channel? The Kroger and Ocado fulfilment model Back in Ma...
19 April 2021
We have recently published a new report looking at the growth prospects for major grocery markets across Asia over the next two years. We highlight some of the key findings and why Asia remains a major growth opportunity for FMCG businesses, particularly in the short term. 1. Asian markets are expected to recovery rapidly post-pandemic Most Asian grocery markets experienced accelerated grow...
19 April 2021
Continuing the shifts in membership amongst European buying alliances, Auchan, Casino, DIA, Metro and Schiever have said they are not planning to renew their Horizon purchasing alliance for 2022. Meanwhile, due to these changes and others at AgeCore , Casino and Intermarché have announced the creation of a new alliance. Horizon to end, by mutual consent Auchan, Casino, DIA, Metro and Sch...
19 April 2021
We caught up with Alex Ng, the founder of Pick & Go in Singapore, to learn about the features of the third unmanned store and how it has evolved from learnings of the first two stores. First store in Singapore University of Technology and Design (SUTD) Source: IGD Research Pick & GO was founded on June 2019 with a vision to redefine convenience shopping. Shoppers can pick what ...
19 April 2021
As Auchan looks to grow its share of sales from organic products in France, expands its omnichannel presence in Portugal and sets out its results in Spain in 2020, we round up news from the retailer. Alcampo publishes results for Spain in 2020 Alcampo has said it generated a turnover of €4.497 bn in 2020, down from €4.652 bn in 2019. Comparable sales rose by 3.6% during the year, underlinin...