Retail and consumer goods industry news

27 April 2021
Colruyt Group has acquired Culinoa, which is described as ‘ a foodservice partner [that] guide and supports over 100 large-scale kitchens of healthcare institutions in Belgium ’. The company said the purchase fitted with its ‘ ambition to respond to the evolving needs of professional customers and to promote quality catering ’. Culinoa compliments Colruyt’s Solucious operations Colruyt said...
26 April 2021
We review Albertsons’ fourth quarter results, which contributed to an outstanding full year performance, with sales hitting a record $70bn. The retailer plans to press on with its strategic growth and cost savings initiatives, including plans to simplify its supply chain and product sourcing. Q4 and full year key numbers Sales and other revenue increased to $15.8bn, driven by a 11.8% inc...
26 April 2021
Following successful drive-in movie, game day and Halloween events at its car parks last year, Walmart is launching Mother’s May Markets at selected Supercenters in the US. Mother’s Day becomes Mother’s Month With its focus on moms and Mother’s Day, Walmart is launching a month-long series of events, recognising the challenging year many will have experienced due to the pandemic. This inclu...
26 April 2021
As retailers look to differentiate and drive loyalty through the private label ranges we look at five innovations from Western Europe. Intermarché updates its Top Budget brand Intermarché has revamped its entry level Top Budget private label. The range of 600 products has had its packaging updated, with a new logo used to improve on-shelf visibility. A focused investment on nutrition and th...
23 April 2021
First went the shelf-scanning robots, now the pickup towers are being removed or hibernated. What do these changes mean for Walmart’s automation journey? Fanfare and flagships The Wall Street Journal has reported that Walmart is removing or decommissioning around 1,600 Pickup Towers which have been installed within its US stores over the last few years. This follows on from reports last y...
23 April 2021
Carrefour reported turnover rose 2.2%, at constant exchange rates, to €18.56 bn. Its performance in Latin America and Asia drove top line growth, while in like-for-like terms the retailer saw a benefit from its operations in France and Latin America. Its first quarter results enabled it to confirm its operational and financial objectives, which it laid out as part of its 2022 strategic plan. T...
23 April 2021
Retailer OXXO, owned by the FEMSA beverage and retail company, is the largest chain of convenience stores in Latin America. It ended 2020 with 19,566 stores, of which 19,295 are in its domestic market Mexico. Government restrictions on mobility throughout the pandemic has led to challenging trading conditions for the businesses, which relies heavily on sales from on-the-move and transient ...
23 April 2021
Following on from reporting on its strong 2020 sales growth , we look at how SPAR Austria’s private label strength helped underpin its performance. Private labels meeting key and emerging shopper demand Health is a focus for both shoppers and SPAR Austria alike. The retailer, in its 2020 results, noted the on-going double-digit growth for its Natur*pur private label range, which has seen...
23 April 2021
Although the company was able to report its sales and earnings were within guidance expectations in the first half of its financial year, Metro has updated its guidance for its 2020/21 financial year. The decision to update its guidance came as restrictions implemented as a result of COVID-19 continued to be implemented and impact on its performance. On-going restrictions impacting on performa...
22 April 2021
Woolworths in Australia has an ambition to evolve its business into a ‘food and everyday needs ecosystem’ and in the last week we have seen three big developments that will further facilitate it towards achieving this goal. 1. Purchase of controlling stake in data analytics firm Quantium At the heart of every retail ecosystem is a huge amount of data that is generated from activities across...