Retail and consumer goods industry news

07 July 2020
The price war between Aldi and Lidl in Germany is escalating quickly, with the two discounters pushing prices down further. Most retailers are focusing their advertising and communication on low prices, following the VAT rate cut implemented by the government. VAT cut to help population and consumption Following the COVID-19 pandemic, the German government has implemented a temporary VAT ra...
07 July 2020
Walgreens Boots Alliance’s key developments to offer more personalised healthcare and shopping experiences both online and in-stores. Strategic partnership with Microsoft and Adobe The global drugstore operator announced its partnership with Microsoft and Adobe to launch its second phase that focuses on WBA’s key strategic priority of digital transformation. The partnership aims to provide ...
07 July 2020
Irish retailer Dunnes has begun trialling an online service from one of its stores, as a response to shoppers increased demand for delivery. Order via website or app Shoppers can now order online delivery from Dunnes Cornelscourt store in Dublin. They can choose from over 230 products, with a minimum order of €20 and a delivery fee of €3. Source: Google Play ...
07 July 2020
Variety discounter Poundstretcher has had its proposed CVA approved by creditors, according to Nam News. Rent reductions The new agreement means; The leases on 94 stores will remain at their current rates Rents will be reduced between 30% and 40% for 84 stores, for a period of three years Rents will be paid in full for a period of six weeks for 253 stores Potential store cl...
07 July 2020
From Coca-Cola European Partners to L'Oréal and Danone, we review initiatives from suppliers as they look to embed strategies at the same time as dealing with the on-going implications of COVID-19. Coca-Cola European Partners supports HoReCa channel in Spain As it looks to support its customers in the HoReCa channel in Spain, as lockdown conditions are eased, Coca-Cola European Partners has...
07 July 2020
As Carrefour announces management changes, the integration of its loyalty card into the Apple wallet and as it looks to repurpose further space in its hypermarkets, we round up developments from the retailer. Carrefour appoints new executive directors in France and Spain Carrefour has appointed Rami Baitièh as its executive director for France, as of 1 July. He takes over from Pascal Clouza...
07 July 2020
As well as offering delivery from convenience stores, on-demand restaurant delivery company, DoorDash, has launched dark convenience stores in the US, according to reports from Medium.com/HNGRY. Delivery of over 2,000 items DoorDash’s dark stores are used to fulfil pickup and delivery orders and, according to the report, are operating under “The Convenience Store” brand. Customers can choos...
07 July 2020
Leading UK food-to-go retailer, Pret, has announced that 30 sites will close permanently as part of a restructure to cope with the impact of COVID-19.  The closures represent just over 7% of Pret’s 410-strong estate. Two-thirds of the closures will be outside London, including sites in Glasgow, Reading, Cardiff, Edinburgh, Nottingham and Sheffield.  It will also start a consultation to reduce hea...
06 July 2020
We bring you the latest news from Edeka in Germany. Structural reorganisation There are a number of changes occurring within the Edeka management board. Purchasing will be distributed amongst fewer heads of departments, with two managers, Dirk E ßmann and Florian Decker now responsible for more purchasing areas. This includes international purchasing, which has become more important for E...
06 July 2020
The data released by the Ministry of Trade, Industry and Energy showed that the country’s retail sales were up by 2% YoY (year-on-year), driven by increased online sales of sanitary items and food products in the face of coronavirus. Growth driven by online sales Total retail sales reached US$9.65 bn in May, up from US$9.5 bn the previous year. Online was the key growth driver, with sales u...