Canada news

29 November 2022
Leading global convenience chain Couche-Tard, which operates as Circle K, is one of the most innovative in the channel. It continues to flex its approach in response to the current trading environment while also investing for the future. We highlight some of the programmes it has in place, many of which could be replicated by operators across different channels. Value food-to-go - it has ...
18 November 2022
We review Loblaw’s Q3 performance as shoppers continue to adjust their behaviours in an inflationary environment. Q3 key numbers Total revenue increased 8.3% to $17,388m Retail segment sales increased 8.2% to $17,130m, with food up 7.4% and drug up 10.3% Food retail same-stores sales increased 6.9%, with drug retail same-store sales up 7.7% Ecommerce sales increased 3.0% Adju...
16 November 2022
Sobeys’ Farm Boy banner opened its latest store with the conversion of a former Sobeys Urban Fresh location in downtown Toronto. We showcase some of the key features of this new store. Acquired to spearhead Sobeys’ push in urban locations Sobeys acquired Farm Boy at the end of 2018, in a deal designed to help the retailer drive its penetration in urban locations. At the point of acquisition...
15 November 2022
Walmart delivered a strong Q3 sales performance, setting it up for the holiday trading period. We look at the factors driving its results and expectations going forward. Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 8.7% to $152.8 bn, representing an additional $12.3 bn year-on-year Sales in its US stores increased by 8.5%, with Sam’s Club up 12.8% US ecommerc...
09 November 2022
Having partnered with Flashfood, a digital marketplace that connects consumers to heavily discounted food nearing its best-before date, since 2019, Loblaw has diverted 40m pounds of food from landfill and helped Canadians save more than $110m on groceries. How it works Over the last three years, Loblaw has rolled-out Flashfood’s programme to 720 company-owned and franchised stores. Using th...
18 October 2022
Loblaw is freezing the prices of more than 1,500 products which form its ‘no name’, entry-level private label range until the end of January 2023. Canada’s second-largest food brand The retailer is launching this initiative to support Canadians facing the highest food inflation in decades. This is one of the retailer’s most successful private label ranges, typically offering savings of 25% ...
06 October 2022
Following a pilot programme which saw Loblaw undertake 150,000 autonomous deliveries with a safety driver on board, the retailer has gone fully driverless for selected online grocery orders in the Toronto market. Moving orders from picking location to stores In January 2020 Loblaw launched the pilot programme in partnership with Gatik, a leading operator in autonomous middle-mile logistics....
28 September 2022
Costco’s fourth quarter results revealed a strong finish to the year with total revenue exceeding $220 bn. We look at the factors underlying this performance and what to expect in the year ahead. Fourth quarter and full year key numbers Q4 total revenue up 15.2% to $70.8 bn, with full year revenue up 16% to $222.7 bn Comparable sales for the quarter (ex-fuel and currency impacts) up 1...
26 September 2022
In June, Sobeys’ parent company, Empire Company Limited, became co-owner of Scene+, an established loyalty programme in Canada. With a plan to transform it into one of the country’s leading loyalty programmes, the retailer has embarked on national roll-out. We look at how it’s launching the programme in-store in western Canada. National roll-out to be completed by early 2023 Sobeys commence...
20 September 2022
We review Sobeys’ first quarter performance and the outlook for the year ahead as it continues to advance its ecommerce, value and loyalty initiatives. Q1 key numbers Total sales increased 4.1% to $7,938m Same-store sales, ex-fuel, increased 0.4% Excluding fuel, gross margin increased 63 basis points Net earnings flat (-$1.0m) Final year of Project Horizon The retailer s...