Retail and consumer goods industry news

07 February 2013
The Swedish retailer reports sales of SEK 9.2bn for the full year 2012, up 3.8% on 2011. A year of 'stable earnings and sales' While revenues were up by 3.8% in 2012, like-for-like sales were less positive at just +0.2%, which CEO Anders Stralman commented on as "not entirely satisfactory". It saw mixed performance across all its divisions, with Willys delivering its best ever set of r...
07 February 2013
From our stores visits this week in Lille, here are our four developments to watch in Europe’s largest grocery retail market. Price perception key to attracting shoppers A difficult macro-economic environment has caused shoppers to search out ways to save on every purchase. Retailers like Leclerc, Aldi, Lidl and, increasingly, Carrefour have benefited from an EDLP offer, which is helping t...
06 February 2013
Lidl UK has recently launched two new digital campaigns through its Facebook page. The first is to encourage shoppers to "Like" its page to receive a £5 voucher to spend in-store and the second is an unusual Valentine's Day initiative. Building its fan-base As a "thank you" to its 250,000 Facebook fans, Lidl recently offered all Facebook users who "Liked" its page a voucher to print off...
06 February 2013
You might have heard of 'gamification' – it's becoming an industry buzzword as consumer goods companies use it to engage with shoppers, reward loyalty and gain a competitive edge. We explain how it's developing and how it could help keep your businesses agile. What is 'gamification'? Gamification, in simple terms, is applying the principles of video or computer games to other contexts. Th...
06 February 2013
Canadian dollar store operator Dollarama has entered into an agreement to provide sourcing services and business expertise to Central American dollar chain Dollar City. Eight-year agreement offers option to acquire majority share Dollarama will share its business and operational expertise with Dollar City, which is looking to expand its activities in Central America, Colombia, Peru and Ecuado...
05 February 2013
The Finnish retailer has reported its full year results for 2012, announcing group sales of €9.7bn, up 2.4% year-on-year, and appears to have arrested the decline in operating profit in Q4. Grocery business delivers growth Kesko's grocery sales at K-Food, Kespro, and other grocery banners grew by 2.2% in Q4 and 3.1% for the full year, reaching €4.3bn in 2012. Sales of Pirkka  private label ...
05 February 2013
The Argentine government has reached an agreement with the country's largest retailers to freeze prices for two months.  Freeze to last until 1 April Members of the United Supermarkets Association (ASU) have agreed to keep prices unchanged until 1 April, following a meeting with Argentina's domestic trade secretary, Guillermo Moreno.  The agreement has been backdated to take effect as o...
05 February 2013
Booths, the upmarket retailer based predominantly in the North West of England is to revamp its wine department. Revamped own-label The retailer has signalled it is going to change the look and feel of its wine offer by adding tasting tables and new merchandising, whilst also revamping its own-label wine across its 28 stores. Booths is keen to keep the pressure on rivals Majestic Wine ...
05 February 2013
The latest monthly release from the British Retail Consortium Retail Sales Monitor indicates that UK retail sales grew by 3% in January 2013, the highest level of growth since September 2012.  Like-for-like growth was 1.9%, the highest rate of uplift for 13 months.  While January 2012 presents something of a soft comparative, this year's performance was in spite of extensive disruption of normal s...
05 February 2013
Temasek Holdings, an Asia investment firm headquartered in Singapore, plans to acquire a 26.1% stake in Matahari Putra Prima, a key player in Indonesia's consumer goods market. International spot light on Indonesia The deal is reported to be worth USD 300m, and is a vote in confidence both for Matahari's future growth potential, and that of the Indonesian retail market, which is being d...