Hypermarkets and supermarkets news

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...
03 November 2021
Deepavali (or Diwali) is the biggest festival celebrated in India. It symbolises the spiritual victory of light over darkness and celebrants prepare by cleaning, renovating, and decorating their homes and workplaces, wear their finest clothes, illuminate their homes, perform worship ceremonies, partake in family feasts, and share gifts. As India recovers from the pandemic and eases movement restr...
29 October 2021
The USA-based upscale grocery retailer, The Fresh Market, has unveiled the latest iteration of its flagship location to showcase a new level of innovation. Creating points of difference This store has been remodelled to reflect the new vision that is being set for the company by CEO Jason Potter, who was appointed to lead the business in 2020, joining from Sobeys in Canada. His focus is on ...
28 October 2021
Woolworths and Coles have both released Q1 FY22 results, with Woolworths sales up 7.8% to AU$16,070m and Coles sales up 1.5% to AU$9,756m. We compare the performance of both retailers and pull out the key learnings from both statements. A particularly challenging quarter for both retailers Both retailers highlighted the challenges that they have faced in Q1 with ongoing lockdowns across NSW...
27 October 2021
Wellcome Fresh is launched to meet increased demand for fresh food. The new store is in Westwood, Kennedy Town, a residential area that is more relaxed and with more open spaces than most parts of Hong Kong. A brand new concept Source: DFI Wellcome Fresh is a 50,000 sq ft supermarket with 23 themed zones offering over 15,000 fresh food products sourced both locally and international...
25 October 2021
We round up some of the recent developments from Australia's food and consumer goods market, including; new vaccination policies, senior appointments, business restructures, new sustainability initiatives and innovative product ranges. 1. Leading retailers make COVID-19 vaccination compulsory Woolworths, Coles and Aldi have decided to make it a mandatory requirement for all store, DC and of...