Retail and consumer goods industry news

12 May 2021
The partnership enables shoppers to get delivery from 25 Cold Storages and 30 Giant stores. Free delivery in May Shoppers can expect delivery within an average time of 32 minutes. The prices will remain the same as retail prices in-store. Products include fresh produce, meat, dairy and a wide range of snacks, including Dairy Farm’s private label Meadows. Dairy Farm joins a list of specia...
11 May 2021
Building on comments from president and CEO, Vivek Sankaran, earlier this month, Albertsons has confirmed that it is evolving its buying structure to adopt a centralised approach. Cost savings opportunity Speaking during its Q4 results , Sankaran highlighted that the retailer had increased its $1bn productivity savings target to $1.5bn by 2022. This builds on the $500m savings delivere...
11 May 2021
The company has rolled out a new set of measures to benefit merchants and sellers on its online marketplaces, Tmall and Taobao, after record anti-trust fine .      Offering services free or at lower costs, supported by technological improvements Alibaba Group Chairman and CEO Daniel Zhang said that ongoing technological improvements and upgrades have enabled the company to expand its por...
11 May 2021
As Carrefour looks to partner with other organisations to win, including retailers and third party delivery firms, it has signed or expanded agreements across Europe. Carrefour and Nordic cooperatives sign partnership agreement Carrefour International Partnership and Coop Trading and its four affiliates from Finland (SOK), Denmark (Coop Denmark), Norway (Coop Norway) and Sweden (Coop Sweden...
11 May 2021
Coconut water brand, Vita Coco has launched its first ever haircare products. The range includes shampoos, conditioners, and treatments. Offering relevant ranges In our recent report looking at the future of drugstore, health & beauty we highlighted five areas of change expected as we transition into a post-COVID environment. One of the trends identified was righting the range, which invo...
11 May 2021
Walgreens Boots Alliance (WBA) has announced its COO, Alex Gourlay, is to leave the business. Meanwhile, separately, in the US, its Walgreens division has launched same-day delivery in under two hours and introduced mobile clinics that provide COVID-19 vaccines. Co-COO to step down Bloomberg has reported that WBA’s co-chief operating officer, Alex Gorlay, is set to leave the business on 17 ...
11 May 2021
Morrisons has revealed robust trading for the Q1 period, the first retailer to release trade figures that annualise against the start of the pandemic. The retailer has also announced a number of initiatives to sustain the momentum including a new loyalty scheme. A robust quarter Group LFL sales for the 14 weeks to May 9 th were up 2.7%. Total sales ex fuel were up 3.3% including a 0.5% con...
11 May 2021
This week Co-op announced ambitious plans to sell fully carbon neutral own brand food and drink by 2025 – a world first.  This target is part of a new 10-point climate plan which sets out how the retailer will achieve net zero carbon emissions by 2040 - ten years ahead of the government’s own ambition. Co-op’s thinking is summarised by Food CEO, Jo Whitfield: “ We are facing a monumental cli...
11 May 2021
The latest release from the British Retail Consortium Retail Sales Monitor remain notably elevated that the same period two years before (i.e. prior to the impacts of the pandemic).  Despite the reopening of non-essential stores from 12 April onwards, pushing year-on-year growth up to 51.1%, the two-year performance for the month was slightly slower than that seen in March when total retail growt...
10 May 2021
With Loblaw seeing continued strength in Q1, we look at how it’s preparing for a tougher second quarter as it laps the surge in demand from last year. Q1 key numbers Retail segment sales increased 0.7% to $11.7bn Food retail same-store sales up 0.1% Drug retail same-store sales down 1.7%. While pharmacy same-store sales increased 3.5%, front store same-store sales fell 6.4% Ecom...