Retail and consumer goods industry news

Netherlands-based Jumbo reported it generated a turnover of €9.73 bn in 2020, including sales through its La Place restaurant chain. The turnover at its Jumbo stores increased by 15% to €9.68 bn, with its online sales up by more than 50% to over €500m. Total sales +15%, organic growth +11% in 2020 Jumbo said its eponymous stores saw turnover growth of 15% to €9.68 bn, aided by a 53rd week. ...

In the 12 weeks to 27 December 2020 the grocery market grew +11.4%, the fastest rate since August 2020, according to Kantar. Growth was driven by Christmas spending and changing shopping habits due to increased restrictions. Here we look at the results in more detail, including an overview of performance in the online and discount channels. Record four weeks of sales With the closure of ...

The UK government has announced that promotions on foods high in fat, salt or sugar (HFSS) will be restricted from April 2022 in a bid to encourage shoppers to make healthier choices. The move follows a consultation two years ago launched as part of the government’s plan to tackle childhood obesity and the announcement in July 2020 that it would legislate to end promotions of HFSS by volume an...

In a trading update, Morrisons has reported continuing strong sales growth through in the run-up to Christmas and the New Year. Customer and brand metrics also improved, market share grew and online and wholesale channels developed rapidly. Accelerating sales growth In the 22 weeks to January 3 rd , total ex fuel sales increased by 8.7% and LFL sales by 8.1%, comprising a 7.2% contributio...

Aldi UK's sales grew 10.6% in the four weeks leading to 24th December, compared with the same trading period a year ago. The retailer's 2020 Christmas growth was stronger in comparison to 2019's +7.9%. However, it was a slow down from the previous heights of +15% seen in 2018. We look at the drivers behind the growth and the retailer's latest commitments to British suppliers. Positive performa...

Having announced the partnership last March, Hospitality group, OTG, has opened its first CIBO Express Gourmet Market convenience stores featuring Amazon’s ‘Just Walk Out’ technology. Two stores launched at Newark airport The CIBO Express stores at Newark Airport, New York, are the first two stores to be developed as part of the partnership between OTG and Amazon . Located at Terminal ...

We round up the latest developments from Japan, focusing on 7-Eleven and FamilyMart. 7&i focusing on driving omnichannel sales 7-Eleven Japan’s operating model focuses on market concentration, being close and convenient to its customers. The retailer has been, however, in recent years, shifting its strategy, slowing down expansion and strengthening its delivery and pick-up services. This no...

Before COVID-19, I’d describe the online channel as a bit like a child. It was small, and fast-growing. If you had an online role, to get senior stakeholders’ attention, and ultimately more resource, you repeatedly spoke, (perhaps nagged), about contribution growth. Some of you might even have had to throw tantrums to get that additional resource. Today, online is a much bigger part of all our...

As 2021 begins, we can reflect that 2020 didn’t play out as we might have expected. The Coronavirus (COVID-19) pandemic has led companies to reflect on their priorities and focus on shorter time scales. In this article, we consider five key themes we expect to shape retailers’ strategy in 2021 and share videos of this in practice. 1. Drive for value Delivering value has been a defining tr...

Portugal-based Continente plans to remove microplastics from its MYLabel range. Mercadona continues to tackle its sustainability goals, this time focusing on reducing emissions. Meanwhile, Garnier launched plastic free shampoo bars and Auchan Portugal partnered with MyCloma to reduce textile waste.   Continente set to eliminate microplastic Continente its set to eliminate microplastics from...