Retail and consumer goods industry news

28 January 2022
Alibaba is considering raising funds for its grocery chain Freshippo that could see the creation of a seperate business. New investment to accelerate its push into grocery retail In an article by Bloomberg earlier this month, it says that Alibaba is pulling together a list of strategic investors to raise funds that would accelerate the development its Freshippo business. Although Alibaba wi...
28 January 2022
Like in all regions, COVID has impacted the food and consumer goods landscape in Asia, altering shopping habits, forcing retailers to rethink their strategies and accelerating trends. With omicron and the pandemic continuing to dominate headlines globally, what does this mean for the grocery industry across Asia in 2022? We have pulled out five trends that we believe will continue to evolve at pa...
27 January 2022
Morrisons £7bn acquisition by Clayton, Dubilier and Rice (CD&R) is to be investigated by the UK’s Competition and Markets Authority. The regulator has given notice it will conduct a so-called Phase 1 inquiry to assess whether there is sufficient evidence to warrant a full ‘Phase 2’ investigation into the potential of the acquisition to seriously lessen competition in the fuel market. It will a...
27 January 2022
In the live broadcast of Ocado Re:Imagined, Ocado unveiled seven new innovations that will underpin its Ocado Smart Platform (OSP). “Game-changing” technology Ocado needs to improve its product to retain and attract new partners. New deals will enable Ocado to increase investment and improve the proposition, creating a virtuous cycle. Since its launch, Ocado has 10 sites live across the glo...
27 January 2022
In March 2020, Carrefour Brazil announced the acquisition of its competitor Grupo BIG for approximately BRL7.5bn (US$1.36 bn). The move would see the biggest retailer in the market, accumulate the third biggest. The General Superintendency of the Administrative Council for Economic Defence (CADE) of the Government of Brazil has partially approved Carrefour’s acquisition of Grupo BIG. CA...
27 January 2022
As new laws are rolled out in Poland, X5 appoints a new general director for Pyaterochka proximity stores and Maxima expands its range of vegan products, we round up news from the region. Law changes in Poland to affect grocery retailing In separate developments, Poland is starting 2022 with law changes that will affect the country’s grocery retailing industry. The first has seen the govern...
27 January 2022
We look at how Metro Inc. is responding to the current COVID-19, supply chain and inflation challenges. Metro first quarter key numbers Q1 sales increased 0.9% to $4.3bn Food same-store sales fell 1.4% while pharmacy same-store sales increased 7.7% Net earnings increased 8.6% to $207.7m Responding to operational challenges The quarter brought a familiar story of the last tw...
26 January 2022
We highlight some of the latest loyalty programmes from convenience retailers around the world, including 7-Eleven, Circle K, Valora, Sheetz, and more. IGD view: customer lifestyle loyalty As more retailers upgrade the functionality of their mobile apps, new ways to interact with consumers will be available. Embedding loyalty programmes and personalised communication will help integrate off...
25 January 2022
Walmart is investing in Plenty, a leading vertical farming company, by participating in its $400m Series E funding round. Strategic partnership Walmart plans on leveraging its investment in Plenty to deliver fresh produce to stores in California. The two companies plan on working strategically to create a new, market-leading product category in vertical farming. The retailer will start to sou...
25 January 2022
Walmart de México y Centroamérica, also known as Walmex, operates 864 stores (Q3 2021) across five markets in Central America; Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua.   The retailer is assessing “strategic alternatives” for its operations in Honduras, El Salvador and Nicaragua, which could lead to forthcoming sales or joint ventures. “We believe there may be attractive ...