
Argentina: Supermarket sales grew by 14.5% in March
The National Institute of Statistics and Census (INDEC) reported last Friday that supermarket sales grew 14.5% in March over the same period of 2012 in seasonally adjusted terms. At current prices, they totaled $10,213.4 million, a 26.9 percent increase.The Supermarket Survey revealed that the variation with.....
India: Government probing potential Bharti-Walmart violation
The Government has said Directorate of Enforcement (ED) is investigating alleged violation of foreign exchange regulation by chain Bharti-Walmart."On the basis of a reference received from Reserve Bank of India, ED has taken appropriate action to investigate alleged contravention of the provisions of Foreign.....
Philippines: Puregold doubles profit
Puregold said it chalked up a consolidated net income of P962 million in January-March, up 105.3% from P469 million in the same three months last year, while consolidated net sales grew by 49.8% to P16.09 billion from P10.74 billion.“The 49.8% growth in consolidated net sales was principally due to the 18.2%.....
US: Publix first quarter proft jumps
Publix's first-quarter profit jumped 15.1 percent from the previous year, the company reported Wednesday.Sales reached $7.5 billion for a 6.1 percent increase from last year. Sales in established stores were up 3.9 percent.Profit was $471.3 million, or a 15.1 percent increase. Earnings per share for the.....
Spain: Eroski pilots convenience format
Spanish retailer Eroski debuted its convenience format 'Eroski Center'
in Pamplona, Navarre, on 24 April. The new wholly-owned Eroski Center
branch took an investment of €1.4 million, stocking some 10,000 SKUs.Almost
half of the selling space of the 1,300 square meter store is dedicated
to fresh.....
AU: Woolworths backs parallel importing
Woolworths Ltd has established a team to expand its parallel importing of products from international locations in order to reduce prices, The Australian Financial Review reports.Woolworths, which has accused suppliers of earning excessive profits in Australia by charging local retailers higher wholesale.....
US: Fresh Direct expanding in three states
Online grocer FreshDirect will expand service to new customers living in more than 90 ZIP codes in New York, New Jersey and Pennsylvania. The move follows an eight-county expansion from Center City Philadelphia to the greater Philadelphia area suburbs in January 2013.“With our suburban customer growth.....
Sweden: ICA started year on "positive note"
Swedish retailer ICA said it started the year on a "positive note", despite booking a drop in first-quarter profit hit by one-off costs.ICA, owned by Swedish investment fund Hakon Invest, booked operating profit of SEK562m (US$85.9m) in the period to the end of March, compared to SEK690m last year. The.....
Yildiz Holding planning to be Turkey's biggest retailer
According to local daily Sabah, Yildiz Holding is planning to buy A-101, Turkey's second largest retail chain in terms of number of stores operating in the hard-discount segment. Reportedly, following the recent acquisition of DiaSa, Yildiz Holding is willing to further increase its presence in the retail.....
Taiwan: FamilyMart, 7-11 to expand fresh food
The nation’s two largest convenience store chains both plan to expand their fresh-food businesses by introducing more products and increasing their number of large outlets with more in-store seats.Taiwan FamilyMart Co, the nation’s second-largest convenience store operator, said yesterday it would launch a.....
DIA to trial fresh banner in France
Spanish discount retailer DIA is to trial its Dia Fresh store format in France, following its launch in Spain last year.Dia Fresh, the retailer's new neighbourhood store concept, is a small-format banner with an emphasis on fresh produce such as fresh fruit and vegetables, meat, fish and baked goods, as well.....
Carrefour decreases stake in Turkish business
Carrefour looks to be moving toward the rumoured exit from the Turkish market, decreasing its majority stake in its business there.The retailer has sold a 12 per cent stake in its Turkish operations to its partner in the venture, Sabanci Holding, according to LSA. The move decreases Carrefour's shareholding.....
Walmart seeks to invest in Peruvian territory
The rapid growth of retail business in Peru has attracted interest from big chains like WalMart that is targeting a market dominated by Chilean companies with a strong presence in South America.Peru, one of the most dynamic economies in Latin America, has steadily seen its middle class and consumer demand.....
Food growth leading the way in retail sales
While the latest AFGC CHEP Retail Index indicates that consumer confidence remains shaky and retail growth is lacklustre, ABS statistics show that food is in a better position than other retail sectors.The Index is a collaborative project between the Australian Food and Grocery Council and CHEP Australia,.....
UK supermarkets lose brand value
Asda, Co-op, Morrisons and Tesco, four leading UK supermarkets, saw their collective brand value fall by £3bn during 2012, reversing a long-term positive trend for the sector.Brand Finance, the brand valuation firm, highlighted the poor performance of UK top 50 most valuable brands of British origin.It noted.....
Ireland: Aldi and Lidl have 13% of the market
Aldi and Lidl, with a 13.1% share of the grocery market, now outsell all smaller grocery shops combined whose market share has fallen to 11.3%, according to the latest supermarket share figures from Kantar Worldpanel.The figures from Kantar Worldpanel in Ireland, published yesterday for the 12 weeks ending.....
Germany: Edeka reports increase in sales
German retailer Edeka has booked an increase in full-year sales, with growth in each of its divisions.In the 12-month period, group sales grew by 3.8% to reach EUR44.8bn (US$58.6m), it reported 29 April.Independent retailers that operate under the Edeka franchise saw revenues grow by 6.4% to EUR21.3bn,.....
Germany: Rewe stores to join payback loyalty scheme in 2014
From 2014, over 3,000 Rewe Stores will reward its customers with Payback points for their purchases. The Payback loyalty card scheme has more than 20 million active users of its multiple channels, which include offline, online and mobile. As Rewe’s stores are spread widely across Germany, the Payback card.....
Brazil: Pão de Açúcar profit rises 70%
Grupo Pão de Açúcar, Brazil's biggest diversified retailer, said on Monday that first-quarter net income rose 70 percent from a year earlier to 275 million reais ($138 million), according to a securities filing.Profit beat an average forecast of 244 million reais in a Reuters survey of eight.....
Spar announces media centre launch
Spar UK has joined forces with Retail Marketing International (RMI) to launch the Spar Media Centre, offering FMCG suppliers the opportunity to communicate their promotions with convenience customers in Spar stores across the UK.Based within Spar’s central office in Harrow, Spar said the Media Centre will.....
Waitrose secures Eurostar contract
Waitrose is to provide food for all of Eurostar’s services to the Continent in the first move into on-board catering for the supermarket. With retailers looking to increase market share wherever possible, the deal by the supermarket arm of the John Lewis Partnership will be closely watched by.....
US: Safeway reports flat sales
Grocery store operator Safeway has reported mixed first-quarter results.The Pleasanton, Calif-based owner of the Vons, Pavilions and Pak N Save chains reported earnings of 35 cents a share, excluding special items. That was up 17% from the year before and in line with estimates provided by a poll of Thomson.....
Dubai retailer MAF close to finalising Egypt supermarket deal
Dubai retail firm Majid Al Futtaim (MAF) is in advanced discussions to buy Egypt’s largest supermarket chain from family-owned Mansour Group, it is claimed.A due diligence process for the purchase of Mansour Group’s Metro chain and discount grocery store Kheir Zaman has been concluded, one source said,.....
Finnish retailer opening supermarket in Estonia
Prisma Peremarket, part of Finnish SOK group has signed a contract to open a new store in central Tallinn.The new store will be located on the corner of Hobujaama and Ahtri Street in the complex that will also include a bus terminal.The company plans to invest about 30m Euro in the store.Janne Lihavainen,.....
UK: Asda's use of technology key to success
WalMart Stores's UK Asda grocery business's use of technology to expand its online, delivery and pick-up services for groceries could be the "secret sauce" that helps the world's largest retailer develop its online grocery presence in the US, an analyst said last Thursday.Asda offers online grocery services.....
UK: Asda to open more stores this year
Asda is to open 12 more stores, creating up to 2,500 new jobs in the UK.The retailer said it was investing £700m in its outlets and online operations.Chief executive Andy Clarke said: ‘I’m proud that in the continuing and challenging trading environment we were able to increase total sales by 4.5 per cent.....
UK: Distribution deal on the cards for Morrisons and Ocado
UK grocer Morrisons is close to finalizing a distribution deal with online retailer Ocado for the launch of its e-retailing venture, according to The Financial Times reports.Despite rumours of Morrisons acquiring Ocado or taking a stake in the company, it is thought that the agreement would be a joint.....
South Africa: Pick n Pay to cut prices
The new chief executive of South Africa's Pick n Pay said he planned to win back market share by cutting prices, a risky strategy for a retailer already hurt by weak margins.South Africa's second-largest grocer has lost ground to rivals Shoprite and Spar, after failing to invest in its supply chain and open.....
UK: Londis first to offer independent retailers personalised web pages
Londis has become the first UK convenience chain to offer its retailers personalised web pages for their stores. The new pages form part of the Londis consumer website, which was upgraded last year.Londis said that the new functionality allows retailers to personalise their own store page with unique.....
Metro triples earnings on sale of Couche-Tard shares
Metro Inc, Canada's third-largest grocer, more than tripled its second-quarter earnings, helped by an after-tax one-time gain of C$266.4 million related to the sale of 10 million shares of Alimentation Couche-Tard Inc.The company's net earnings rose to C$366.8 million, or C$3.77 per share, from C$96.1.....
France: Carrefour rolls out Courses Éco Discount aisle
Carrefour is tightening its pricing strategy with plans to install its Courses Éco discount section in a number of its hypermarkets during 2013. The retailer is to introduce the Courses Éco aisle to 30 of its French hypermarkets, rolling it out in hypermarkets in less affluent areas.The aisle's assortment is.....
UA: Supervalu losses continue to mount
About a month since the close of the deal that created a new, leaner Supervalu Inc., the Minneapolis-based grocery operator continues to post losses that have haunted the company for multiple consecutive quarters.Supervalu reported fourth quarter fiscal 2013 net sales of $3.89 billion (down 2.3 percent) and.....
Finland: Kesko profit falls
Finnish retailer Kesko reported a 17 percent fall in adjusted quarterly profit as cost cuts failed to make up for a slowdown in consumer spending.Kesko said first-quarter operating profit fell to 18.6 million Euro ($24.17 million) from 22.3 million euros a year earlier.Analysts on average expected a fall to.....
UK: Rise in employment driven by food retailers
Latest figures from the BRC-Bond Pearce Retail Employment Monitor have shown retail employment rose by 1.8% in the first quarter of 2013 compared with a year earlier, driven entirely by part-time workers and predominantly in food retailers.In the first quarter of 2013, the number of outlets rose by 1.4%,.....
Large retailers express more interest in India
Global retailers finally seem to be gaining confidence in investing in India. Commerce and Industry Minister Anand Sharma on Tuesday said several global retailers, including Tesco and Sainsbury’s, had shown interest in setting up multi-brand retail stores in the country.“Yes, there have been expressions of.....
UK: Asda plans same day delivery service
Asda is planning to introduce a same-day grocery delivery service as part of a £700m investment drive in the UK. The company intends to trial the same-day service from next month, with customers able to collect their order from stores. The investment is part of £700m that will be pumped into the retailer's.....
Philippines: FamilyMart eyes 300 new stores
Japanese retailer FamilyMart Co. Ltd. said it will open 300 convenience stores in the Philippines over the next five years.Ayala Land Inc., which brought the Japanese store to the country, said about 40 percent of the stores would be opened to franchising.“We were actually prodded by incessant and numerous.....
UK: Aldi challenges Sainsbury's for cash gain
Kantar Worldpanel retailer share data, for the 12 weeks to 14 April 2013, indicates that the UK grocery retail market grew at 3.6%, a slight slowing on the 3.9% seen in the previous period. The Kantar measure of inflation showed the rate of price increases slowed to 3.8% indicating the rate of volume decline.....
Walmart continues to lobby over FDI in India
Walmart continued to lobby with American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is under way into the global retail giant’s US lobbying activities for facilitating its India entry. In its latest lobbying disclosure report filed with the US Senate and the.....
Organic chain Tegut want to tempt more clients with discount prices
The German trading chain Tegut, known for its organic products, wants more and more to become involved in discount prices for foodstuff. "The cheap articles inour assortment are not well recognisable. These will have to be made better known," Tegut-chef Thomas Gutberlet recently said to news agency.....
Swiss buy the most fairtrade products
Nobody buys as many fairtrade products as the Swiss do. Annually they spend almost 50 Swiss francs per head of the population on fairtrade products. In the meantime there are around 2,000 different fairtrade products available and this number increases all the time. In the country last year a turnover of.....
Asia: 7-Elevent operator to bid for Makro
Thai billionaire Dhanin Chearavanont could soon be spending billions of dollars again in yet another big Southeast Asia consumer deal.As The Wall Street Journal reported Monday, CP All PCL, which operates 7-Eleven convenience stores in Thailand, is planning to make an offer for retailer Siam Makro PCL, which.....
Delhaize announces first quarter revenue of 5.5 billion Euro
Delhaize Group has announced preliminary unaudited figures for the first quarter of 2013 and its decision to postpone its Capital Markets Day.In the first quarter of 2013, Delhaize Group's revenues were EUR5.5 billion, an increase of 2.1% and 1.5% at identical and actual exchange rates, respectively. Organic.....
Ireland: Musgrave launches 'Bright New' Centra range
Musgrave has introduced a wholly revamped private label range for its Irish convenience and neighbourhood stores under the Centra brand. Differentiated with simple and bold on-pack designs, presenting a 'Bright New Range', the Centra brand of products now includes 900 lines across key grocery.....
UK: Record grocery market shares for Waitrose, Aldi and Lidl
Latest grocery share figures from Kantar Worldpanel for the 12 weeks ending 14 April 2013, show an increasingly polarised grocery market as Waitrose, Aldi and Lidl all posted record market shares.Edward Garner, director at Kantar Worldpanel, said: “Aldi has set two records in the latest period, with its.....
Auchan already has as many hypermarkets in China as in France
It doesn’t seem like the crisis has greatly affected the French distribution giant Auchan in regard to China. A few days ago the group published its annual turnover which yielded a total increase of 7% over the last year, up to 60 billion Euro. This progress in turnover is the result of strong.....
Aeon may open discount stores across S.E. Asia
Aeon is reportedly set to open discount shopping centres in Southeast Asia, in a shift away from its policy of focusing on relatively affluent customers. According to a report in the Nikkei daily, the Japanese giant is now aiming at attracting middle-income shoppers in the fast-growing retail markets of the.....
Casino falls in Paris as French sales decline on price cuts
Casino Guichard-Perrachon SA, the owner of France’s Monoprix and Geant supermarket chains, fell in Paris trading after saying first-quarter organic sales in its home market slid 3.4 percent because of price cuts.The decrease was led by a 12 percent drop in revenue at Geant Casino hypermarkets, excluding.....
Spanish supermarket Dia to sell Turkish business to Yildiz
Spanish supermarket group Dia said on Friday it had agreed to sell its Turkish business to Yildiz Holding and one of its subsidiaries, retailer SOK Marketler.Dia has a 60 percent stake in its Turkish chain DiaSA and the rest is owned by Sabanci Holding, which will also sell its shares. Yildiz is paying 136.5.....
Carrefour growth down to Brazil
French distribution chain Carrefour had a rise in sales of 1.3% to 20.83 billion euro in the first quarter of 2013. There were problems for the chain in Europe, with only Belgium performing well.In France, still worth more than 45% of company sales, sales dropped another 0.7%. The fact that Carrefour still.....
UAE: Carrefour franchise plans expansion
Majid Al Futtaim, which holds exclusive rights to the Carrefour franchise in 19 markets across the Middle East and Central Asia, has entered into a 20-year lease for the first Carrefour Market, a convenience-store sized market, in Abu Dhabi. Measuring around 1,200 square meters in the AD-1 Tower Project, the.....
UK: Waitrose sales jumps driven by fruit
Waitrose has revealed that its sales jumped 24.6% to £115.4m in week to 13 April. Whilst the group noted that figures were distorted effect of the fall of Easter and school holidays when compared to last year, they were still well above its expectations.Performance was boosted by the warmer weather with.....
Carrefour still struggling in Europe
Carrefour saw its sales slip in the first quarter due to the poor economy in Europe and currency depreciation in Latin America.The retailer said Thursday that revenue was 20.8 billion euros ($27.3 billion) in the January-to-March period. That's a 1.3 percent drop when sales from discontinued operations are.....
Waitrose to expand in UAE
Waitrose plans to expand its operations in promising UAE market by opening more branches in the emirate this year, its top official said.Waitrose is to extend its presence in the country with the opening of another supermarket in Dubai, bringing the total number of shops in the UAE to five. It will be.....
Ireland: Aldi planning 20 more stores
Aldi has revealed that it plans to open 20 more stores across Ireland over the next three years, creating more than 300 new jobs. Niall O'Connor, Group Buying Director of Aldi Stores (Ireland), said: "Our new multimillion-euro investment underpins our ongoing commitment and support to Ireland, our customers,.....
Casino sales fuelled by Brazil
Casino has reported a 33.7% rise in consolidated sales for the first quarter, driven primarily by the full consolidation of GPA in Brazil. Sales from total continuing operations reached €11,681m, with French sales down 4% and international sales up 73.6%.Source: retailanalysis.igd.com
Lidl to invest €45million in Portugal
Schwarz Group-owned discounter Lidl is to invest some €45 million in its Portuguese business, with the building of a new headquarters and the rejuvenation of a number of stores.The retailer said it has upped its investment spend for the country by 25 per cent on last year's budget as it intends to upgrade,.....
France: Auchan launches drive model of simply market format
Auchan has introduced a Drive service to its Simply Market format, allowing online orders to be loaded into shoppers' cars in five minutes flat.While the France-based retailer has offered a 'walk-in Drive' service at 37 stores in the Ile de France region since 2009, allowing customers to collect orders made.....
Carrefour stops payments to Bulgarian suppliers
The Greek representative of French retail group Carrefour, MarinopoulosGroup, has stopped payments to suppliers in Bulgaria due to temporary financial difficulties.According to reports of Regal, Bulgarian magazine, citing producers speaking on condition of anonymity, overdue payments most probably amount to.....
South Korea: Emart releases innovative discount alert app
Korean supermarket chain Emart has done some innovative stuff before, like its shadowy QR codes. But this time Emart is trying something more substantive – using smartphones and LED lights to guide shoppers around their stores and lead them to discounts.Dubbed ‘Emart Sale Navigation’, the idea is a.....
Tesco earnings hit by US exit
Tesco on Wednesday counted the cost of years of ambitious expansion under former chief Terry Leahy, as the UK supermarket operator's profit for the year was all but wiped out by payments to clean up its domestic business and a charge related to its failed US venture.Full-year net profit fell for the first.....
Wesfarmers says Coles sales up on discounts, fresh produce
Sales at Coles in the three months to March 31. rose to 8.35 billion Australian dollars (US$8.60 billion), from A$7.85 billion the previous year, Wesfarmers said in a statement Thursday. Food and liquor sales at Australia's second-largest supermarket chain behind Woolworths Ltd. (WOW.AU) climbed 6.6% to.....
Ireland: Retailers warned over "copycat" packaging
Shoppers can be misled into buying own-brand products by the use of copycat packaging that looks like the original, a consumer watchdog has warned.Retailers including Aldi, Lidl and Tesco sometimes use packaging that borrows from leading brands, according to 'Which?'It uncovered 150 examples of own-brand.....
Bangkok online service is just the start for Tesco
Leading domestic hypermarket chain Tesco Lotus last week launched online grocery shopping and home delivery services for its customers in Bangkok.Asked if the retail giant had plans to launch such services in Phuket, Ms Salinla Seehaphan, Corporate Affairs Director, revealed that: "Our plan is to offer a.....