Hypermarkets and supermarkets news

07 December 2021
Despite cycling strong performance in FY21, Metcash has reported half year results for FY22 with revenue up 1.5% to AU$8.2bn and EBIT up 13.9% to AU$231m. We pull out five key learnings and assess the outlook for H2: 1. Underlying food sales remain very healthy Food sales decline 4.9% to AU$4,561m. The decline in sales is mainly due to the cycling of the termination of its supply agreement ...
30 November 2021
Coles has announced two major changes to its executive leadership team that will take effect over the coming months. New Chief Executive for Commercial & Express Leah Weckerts will take up the position of Chief Executive, Commercial & Express from Greg Davis in April 2022. Weckerts has been the CFO at Coles since March 2018, but having joined the business in 2011 has had numerous roles acro...
24 November 2021
US-based Southeastern Grocers has opened two new stores under its Hispanic-focused banner, Fresco y Más. We look at how the retailer is aiming to win with this key shopper group through tailoring its offer to better meet its needs. Authentic experience Southeastern Grocers launched this format in 2016. Over the last five years it has grown to almost 30 stores throughout Florida, mainly thro...
23 November 2021
Asda has launched a refillable draft beer concept, the first UK grocer to do so, as it extends its refillables trial to another location. Takeaway craft beer offer Located in the beers, wines and spirits aisle at Asda’s Milton Keynes store, the new fixture provides customers with a regularly changing selection of 12 beers from draft beer pumps which colleagues will pour into one or two litr...
22 November 2021
Tops Market, Tops Superstore and Central Food Hall stores are now equipped with Temjai, an AI service robot, a first of its kind in Thailand supermarkets. Safe and fun shopping experience Using artificial intelligence (AI), the robot serves as an assistant to store staff to offer a new level of service. Stephane Coum, CEO of Central Food Retail Company Limited under Central Retail, said, “...
17 November 2021
Target’s unique omnichannel model has been a major factor its success over recent years, including through the pandemic. In addition to enabling sales growth, it’s also helping the retailer to become more profitable. We look at the model’s impacts on its third quarter performance. Target’s Q3 key numbers Total revenue increased 13.3% to $25.7bn Comparable store sales increased 12.7%, fol...
15 November 2021
The GIANT Company, a subsidiary of Ahold Delhaize USA, has opened a new store in Philadelphia. We spotlight some of the key features. Making Philly a priority The 67,000 sq ft store is the latest to open in Philadelphia, with the retailer having made it a priority to open more stores and gain share in the city. Over the last few years, it has grown its network, including opening new smaller...
15 November 2021
Dairy Farm International has recently announced its results for the third quarter of the year, where its performance continues to be significantly affected by COVID-19. Its year-to-date results are still below the same period in 2020, when it has benefitted from panic buying and government support at the height of the pandemic. Shopper behaviour normalises, making it difficult to match sales su...
07 November 2021
We take a look at Sobeys’ new modular supermarket format, which has flexibility built into its DNA. Format weaknesses exposed by pandemic The store in Orangeville, Ontario has been developed in partnership with Interstore | Schweitzer, based on its Flexstore concept. The remodelled store saw every department relocated to a new location. However, due to the flexibility offered by the concept...
04 November 2021
Despite impacts to its business from the COVID-19 pandemic, Globus sales for the 2020/2021 financial year grew by 2.4% to €7.76bn. Hypermarkets drove the growth Its hypermarket business in Germany, which comprises of 49 stores, grew by 3.4% to €3.5bn, including petrol stations. This occurred even as the restaurant areas within the stores had to close for some of the year due to the pandemic...