Hypermarkets and supermarkets news

15 October 2013
Wumart and CP Lotus have entered into a framework agreement in which both retailers will hold a minority share in the other, and Wumart will acquire the majority of Lotus stores in China. What does the deal comprise of? Wumart will gain 36 of CP Lotus' 57 stores, in provinces including Beijing and Shanghai. This equates to sales space of around 310,000 square metres Wumart will acq...
15 October 2013
Walmart has announced plans for a new market ecosystem for the US which will see it leverage its broad store portfolio in local markets to maximise in-fill opportunities to drive sales growth. Capitalising on in-fill opportunities through smaller formats Walmart has identified a number of markets where opportunities exist for it to grow sales in local markets through building a network of sm...
14 October 2013
Casino has reported sales of €11.8bn for the third quarter of 2013, up 0.1% year-on-year, with sales in France up 8.1% and down 5.2% internationally, where they were hit by unfavourable exchange rates. Recovery at Géant in France Price cuts had a greater impact in the third quarter than in the second however sales at both Casino supermarkets and Géant "rose significantly". The full conso...
14 October 2013
In interviews with local newspapers, Leclerc’s president for Poland, Jean-Philippe Marge, has underlined the competitive nature of the market in 2013. Sales to remain level with 2012 Marge said that Leclerc generated sales of PLN2.77 billion (US$894.5 million) in Poland in 2012 and was expecting to generate a similar level in 2013. However, he noted that retailer’s profitability in Poland had...
11 October 2013
Safeway has announced plans to leave the Chicago area market by early 2014, where it operates 72 stores under the Dominick’s banner. Four sites divested to New Albertsons Inc Safeway entered the Chicago market with the acquisition of Dominick’s in 1998. However, since that time the retailer has scaled back its operations from 166 stores to 72 today. Having already started to market its sto...
11 October 2013
SPAR International has announced that it has granted two new licences in Russia that will see the brand expand in the Altay Republic and the Kaliningrad region. New licences add to expansion opportunities in Russia The two new licences, for the Anix chain of stores (Altay Republic) and the Semya Group (Kaliningrad region), means that SPAR International has added five licences for Russia in th...
11 October 2013
X5 Retail Group has reported consolidated sales growth of 6.6% for the third quarter of 2013, driven primarily by expansion in sales area, price inflation, and a positive performance from maturing stores. Strong expansion at Pyaterochka X5 added a net 156 new stores in Q3, of which 96% were Pyaterochka stores. Overall, net sales area was up 11.5% year-on-year, and by 16.9% at Pyaterochka....
11 October 2013
Metcash has launched its first Harvest Market branded store in Sydney, its new fascia for independent retailers that focuses on a strong fresh and seasonal offering. Fifth Harvest Market to open in Australia The first store in Sydney is located in the suburb of Rouse Hill. At its year end in April, Metcash announced that it currently had four stores trading under the new banner, but until now...
10 October 2013
GPA has announced gross sales growth of 15% for the consolidated business in the third quarter of 2013, helped by the 132 new stores it has opened in the last year. Of these new stores, 20 were opened in the third quarter. Technology products driving increases in non-food categories Sales for food categories rose by 7.9%, mainly due to strong performances from fresh categories (meat, f...
09 October 2013
US-based Bi-Lo Holdings has said that it will rebrand all the stores under the Sweetbay and Reid’s banners that it acquired from Belgium-based Delhaize. Strategy to reduce overlapping store bases Bi-Lo said that while it will rebrand the stores under the Sweetbay and Reid’s fascias, it would be keeping the Harveys banner, in order to ‘help reduce overlapping footprints’. Sweetbay stores will ...