Hypermarkets and supermarkets news

Despite the impact of omicron and flooding across Australia, Woolworths has reported sales growth of 9.7% to AU$15,123m for the 13 weeks ending 3 April 2022. The retailer is outpacing Coles in Australia, but what else do the results tell us… Australian Food sales up 5.4% to AU$11,432m Although time periods are not directly comparable, growth of 5.4% compares to that of 4.2% reported by Cole...

Despite a quarter of significant disruption Coles has continued to see sales climb in Q3 of its latest financial year, up 3.6% to AU$9,295m. So what can we learn from the latest period? 1. Sales and inflation up, but costs up too...  Q3 was shaped by three disrupting factors; the Omicron variant of COVID-19, floods across South Australia, NSW and Queensland and subsequent knock-on supply ch...

The newly launched store has an area of 3,400 sq.m. and carries more than 17,000 items. Catering to residential area The store is on Pattanakarn 30, an upscale residential area in Eastern Bangkok. It is the retailer’s first standalone store with parking space which aims to support shoppers who prefer to shop near their homes. There are major roads linking the large-scale real estate project...

As Casino sets out to convert 20 hypermarkets in France, partners with Just Eat in the country and launch in The Sandbox, we look at five developments from the retailer. Casino to convert 20 hypermarkets into supermarkets Local trade publication LSA has reported Casino plans to convert 20 of its remaining 81 Géant hypermarkets into Casino supermarkets. If completed, the change will mean Cas...

Tesco has agreed a new partnership with Homebase that will see the DIY retailer open three concessions in some of Tesco’s largest Extra stores. The first store will open in Borehamwood on March 19 th with two more units opening at Walkden and Woolwich in April. Strengthening the home offer at larger stores Timed to coincide with the traditional Spring uplift in DIY and garden improvement a...

Walmart announced partnering with UK based prestige beauty retailer Space NK to launch BEAUTYSPACE NK in its stores and online. New ways to shop premium beauty Space NK will launch its curated assortment on Walmart.com on 15 th March and in its stores nationwide this summer under the banner BEAUTYSPACE NK . The beauty retailer will offer over 600 products from 15 brands, including both...

Kroger reported strong sales growth of 4% for 2021, driven by online and fresh food. The retailer has also outlined some elements of its future strategy, including building a world class seamless ecosystem and reinforcing its core food business. 2021 results: online and fresh were key drivers Total sales reached US$137.9 bn in 2021, compared to US$132.5 bn in 2020. On a two-year stack basis...

As Intermarché announces it will Mestdagh’s Carrefour stores, Louis Delhaize discusses plans for a rebranding of its Smatch and Match supermarkets and organic specialists Färm and Ekoplaza discuss merger opportunities, we look at the changes set to affect the market in the medium term. Intermarché to acquire Mestdagh’s Carrefour stores Intermarché is to acquire Mestdagh’s 87 Carrefour Marke...

Auchan Retail reported its turnover was down by 1%, to €30.5 bn, or by 2.2% on a like-for-like basis. The retailer said its results were impacted by continued challenges in France, while following strong growth in 2020, Auchan’s results in 2021 in Spain and Portugal ‘ suffered by comparison ’. France: total sales down 2.6%, down 4.6% on a like-for-like basis Auchan’s hypermarkets continued ...

In an article in Le Figaro, Michel-Edouard Leclerc has discussed the retailer’s performance in 2021, saying it had seen revenue growth of 3%. Growth in 2021 comes after a contraction in 2020 Revenue growth of 3% in 2021 follows on from a contraction of 0.8% in 2020 in France, to €40.9 bn, excluding fuel. The company’s 2020 results were impacted by challenges at its hypermarkets, which suffe...