Retail and consumer goods industry news

After a strong first quarter, the Kellogg Company has raised its guidance for the full year, expecting sales growth to be flat, having previously forecast a small decline. Matching last year’s sales Following a record year in 2020, it is impressive that the company is expecting to match last year’s sales, which included the pandemic driven surge in demand. While it continues to benefit from...

Ahold Delhaize saw net sales rise 5.8% to €18.3 bn in the first quarter, driven by its operations in Europe and its online channel. On a two-year comparable basis Ahold Delhaize said sales, excluding gas, increased 15.5% in the US, and by 18.1% in Europe. Comparable sales growth excluding gas stood at 4.2% in Q1, with the US seeing sales rise 1.7% and its European operations rising by 8.3%. Un...

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...

To stand out from the highly competitive digital world, brands are now using drone displays to create memorable marketing campaigns in China. Hyundai’s Genesis brand used 3,281 drones to create its logo The show lit up Shanghai’s skyline on 29 March to mark the brand’s arrival in China. That number of drones sets a new Guinness World Record for “The Most Unmanned Aerial Vehicles (UAVs) airb...

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...

As its role as the first-ever official grocer of Team Canada, Sobeys’ parent company, Empire, has launched the “Feed the Dream” movement to support and celebrate the nation’s athletes on the road to the Tokyo Olympic Games. We look at how this is being executed in-store. Potential to celebrate two Olympic events Empire formed a partnership with the Canadian Olympic Committee, enabling its f...

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...

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...

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...

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 ...