Retail and consumer goods industry news

Amazon has launched a grocery store format in the UK operating under the Amazon Fresh banner. The 2,500 sq ft store is located in Ealing, London. Amazon Fresh is the first convenience grocery store to offer Amazon’s Just Walk Out Technology, used in its US ‘Go’ format, outside of the US. Amazon plans to rollout the concept by opening additional stores in the Greater London area. Amazon has ...

Cho Young-je, head of the ecommerce unit at Lotte Shopping, resigned in February as the company’s online business fails to take off. “ Failed to create a synergy ” Lotte Shopping's gross merchandise value (GMV) stood at KRW7.6 tn in 2020, which is only 7% up from the previous year. It is below the market average of 19% year-on-year (YoY) increase. The GMV of its rival, Shinsegae, improved...

As Ahold Delhaize investigates opportunities for acquisitions in the US and sets out its new health and sustainability goals, we round up news from the retailer. Ahold Delhaize looking for acquisition targets… In an interview in the Financial Times, Ahold Delhaize’s chief executive, Frans Muller, has discussed the opportunities for the retailer to act as a consolidating force in the fragmen...

Before the COVID-19 pandemic online grocery was accelerating in Australia, however since the pandemic hit, growth has become supercharged. For retailers and suppliers online grocery is going to be a vital growth channel over the next few years down under. In our next  Future Talk by Retail Analysis webinar,  we will consider how global retail trends are impacting on Australia and how the onlin...

Operations have started at Ocado’s new mini-Customer Fulfilment Centre (CFC) in Bristol, with capacity for over 30,000 orders per week. Boosting capacity The new CFC is a quarter of the size of Ocado’s Erith CFC at 150,000 sq ft. It has the capacity for more than 30,000 orders per week. Ocado said the Bristol CFC will open up more capacity for new and existing customers across the country. ...

As Auchan looks to roll out further Pedestrian Drives in France, joins the Euromadi buying alliance in Portugal and announces plans to eliminate 55m plastic food trays used for meat and seafood products, we round up news from the retailer. Auchan discusses outlook for Pedestrian Drives in France In an interview in ZDNet, Auchan banner director for its Drives in France, Pascal Damien, looked...

As part of its five-year $3.5bn investment plan, Walmart Canada is set to open its first store featuring automated micro-fulfillment and automated pickup kiosk for grocery ecommerce. Investing in stores, supply chain and technology Walmart Canada outlined its investment plan last year, with a focus on its stores, supply chain and technology. Several of the new elements came to life at...

The global grocery retail market is on track to generate an additional $440bn in sales between 2020 and 2022, yielding a 3.1% CAGR (compound annual growth rate), according to our latest forecasts. We look at the detail behind this growth.  An exceptional 2020 driven by the pandemic The increase in sales for the period follows an exceptional growth for grocery in 2020, which saw the top 20 m...

While 2020 saw independent retailers experiencing growth unlike any other year, it was often a bewildering 12 months for suppliers to the sector. Certainly many suppliers have seen their products getting significant sales uplifts, but by no means have all benefited to the same extent. Moreover, even those suppliers that were able to ‘catch the wave’ often faced disruption as demand outstripped...

Stephane Coum, CEO of Central Food Retail under Central  Retail  in Thailand, shares how the company has tackled the challenges brought by the COVID-19 crisis, its transformation plans and building resilience for the future. Central Food Retail operates across many different formats and banners: Central Food Hall, Tops market, Tops SUPERSTORE (which competes with hypermarkets), Tops daily and Fam...