Retail and consumer goods industry news

22 April 2021
Amazon Salon is Amazon’s first hairdressing concept and will trial the latest industry technology, including augmented reality (AR) hair consultations and ‘point-and-learn’ technology. Amazon’s first hairdressing concept The 1,500 sq ft salon is opening in London’s Spitalfields and follows the launch of Amazon Professional Beauty Store on Amazon.co.uk. Amazon Salon will initially be availab...
22 April 2021
We review Metro’s Q2 performance, including strong ecommerce sales, and the outlook as it starts to cycle the surge in demand at the start of the COVID-19 pandemic last year. Second quarter key numbers Total sales increased 5.1% to $4.2bn Food same-store sales up 5.5%, and up 10.1% for the first 10 weeks of the quarter Pharmacy same-store sales down 0.8% Ecommerce sales increase...
21 April 2021
We look inside the first Shell Café concept located along the A16 motorway in Hendrik-Ido-Ambacht, Netherlands. Our view Fuel remains the primary mission at forecourts, but a relevant food offer can convert ‘just for fuel’ missions to more regular in-store purchases. In Europe, for example, coffee is a very important mission, often an everyday routine purchase, so getting this right is vita...
20 April 2021
Having delivered a strong first quarter, with net revenues up 5%, The Coca-Cola Company’s chairman and CEO, James Quincey, highlighted the continued uncertainty in the trading environment, driven by the different phases of the pandemic across different markets. Asynchronous recovery When the pandemic struck just over a year ago, most markets went into lockdown simultaneously. While the impa...
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...