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Asda unveils sustainability store

UK retailer Asda has opened a new sustainability concept store. The first of what is planned to be a national project features product refill options, loose and unwrapped produce, and […]
jeu 10/12/2020 by Richard Wilkinson

French retail takes on Amazon

French retailers Intermarché, Auchan and Carrefour are seeking to stave off the imminent threat of Amazon by facilitating access to their digital platforms and pick-up points for small independent retailers, […]
jeu 19/11/2020 by Richard Wilkinson

UK supermarket sales growth continues 

Supermarket sales in the UK were up 9.3% for the August-October period. However, unlike with the first lockdown, there is no evidence of consumer panic-buying at this stage, according to […]
jeu 19/11/2020 by Richard Wilkinson

New Asda owners sell off sizeable stake in group

New owners of Asda, Mohsin and Zuber Issa, have sold off significant stakes in EG Group to an Abu Dhabi sovereign investor and two Canadian pension funds, reported to be […]
mer 18/11/2020 by Richard Wilkinson

Aldi’s banana price cut denounced

Aldi’s decision to cut its banana buying price for 2021 has led to a backlash among producers. Costa Rica’s association of independent banana producers (Aproban) stated that the retailer’s actions […]
mer 18/11/2020 by Richard Wilkinson
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Tax breaks for UK’s supermarkets despite record sales

Despite record sales during the pandemic, the UK’s largest supermarkets are set to save nearly £2 billion in business rate tax breaks in 2020, according to a new report compiled […]
lun 16/11/2020 by Richard Wilkinson

China’s food sales hit record high amidst fierce competition

Despite the COVID-19 economic downturn in the first half of 2020, retail food sales have held up. In 2019, imports of consumer-oriented food products climbed to a record high of […]
lun 16/11/2020 by Richard Wilkinson

UK retailers see surge in demand for organics

UK retailers reported a surge in sales of organic food and drink during lockdown. Organic bananas, chicken, eggs and wine are among the main drivers of growth, according to Nielsen […]
jeu 12/11/2020 by Richard Wilkinson

Alibaba secures controlling stake in Sun Art

Online retail giant Alibaba has acquired a controlling stake in leading Chinese hypermarket and supermarket operator Sun Art Retail Group. As Retail Gazette reports, the move, costing approximately US$3.6 billion, […]
mer 28/10/2020 by Richard Wilkinson

Metro Group reports recovery 

Metro’s slight dip in like-for-like sales of 0.5% in the fourth quarter constitutes a strong recovery in performance from the previous quarters (sales declined 5% in the first nine months […]
lun 26/10/2020 by Richard Wilkinson
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