The just-food team check out the latest goings-on among food retailers.
In a surprise move, Sainsbury's has reacted to the continued growth of discount retailers in the UK with a venture to bring the Netto banner back to the country. Sainsbury's and Netto owner Dansk Supermarked will launch a clutch of stores on a trial basis but Netto, which struggled on its previous visit to the UK, faces even stronger competitors now. Dean Best reports.
Dutch value retailer Hema last week announced its planned foray into the UK market with the launch of two London stores by the summer. The move follows the flotation of Poundland on the London Stock Exchange and underline value retailers becoming a more serious player in the UK. But do the country's major food retailers have a serious competitor on their hands? Hannah Abdulla reports.
Changing consumer behaviour is having a transformational impact on the US food and food retail sectors, as consumers alter where they shop and what they buy. The growing popularity of non-traditional channels has resulted in a jump in consolidation. Traditional supermarkets are seeking strength through scale, as evidenced by the deal that could see Albertsons owner Cerberus take control of Safeway. Dean Best reports.
Japan-based retailer Aeon warned that its full-year 2013 profit is expected to come in well below expectations. The company was hit by weak domestic consumer sentiment in the 12 months to end-February, with efforts to stimulate supermarket sales failing to offset group-wide pressure on revenues. But Aeon management also took the opportunity to outline its medium-term growth priorities. Katy Askew reports.
Digital and mobile technology is shaping the way retailers interact with consumers as the communication of offers and promotions becomes ever more personalised and interactive. Kroger's recent purchase of You Tech, a leading provider of digital couponing, demonstrates the group's commitment to leveraging digital marketing to reach US shoppers. Katy Askew reports.
In the UK Tesco is cutting back its investment in opening stores and instead concentrating on expanding its multichannel capabilities. For Tesco, this means more than strengthening its online presence. Rather, the UK's largest retailer is determined to leverage the interaction between digital and physical retailing to build its relationship with UK consumers. But can this deeper relationship translate to a sales lift at Tesco's struggling large-format stores? Katy Askew reports.
The convenience channel has become a source of growth for larger grocers in a number of markets. Even in the US, home of the big-box store, major players have tested the water, albeit with patchy success. The likes of Wal-Mart are upping their focus on smaller stores and, although they will not represent a short-term threat to America's 'Cokes and smokes' c-stores, indie operators need to be wary. Hannah Abdulla reports.
Tesco clearly has a lot on its plate. On the one hand, the UK's largest retailer is focused on transforming its domestic business through a capital intensive programme of store refurbishments and a potentially margin-dilutive drive online. On the other, the need to reverse overseas volume declines in order to shore-up international margins is pressing. CEO Philip Clarke is attempting to perform a complex balancing act. Katy Askew reports.
Morrisons, the UK's fourth-largest supermarket, has seen sales come under sustained pressure. The retailer has responded by filling in the gaps in its portfolio, augmenting its bricks-and-mortar supermarket base with a convenience and online offering. Will this be enough to bring positive sales momentum to the supermarket chain - or do other underlying issues persist?
Marks and Spencer's first-half results paint a picture of a company divided. One the one hand, its food business is performing well, with rising like-for-like sales and improved profit margins. On the other, general merchandise continues to struggle, booking lacklustre sales and lower margins. With a swathe of plans to accelerate food growth, that side of the business looks ship-shape. However, a question mark hangs over whether its non-food performance is turning a corner. Katy Askew reports.
Tesco relaunched its premium own-label range, finest, this week as part of the extensive revamp of its UK business. Ben Cooper reports.
Ron Burkle, the US billionaire investor who is to take on the bulk of Tesco's US Fresh & Easy arm, has said he believes the loss-making business gives his Yucaipa fund a base upon which to build. But it is not yet clear what his plans are. Dean Best looks at what could be next.
Shares in Belgian retailer Delhaize Group slid in morning trade today (4 September) as investors responded to the appointment of former Metro Group executive Frans Muller as CEO. While Muller has extensive retail experience, he comes to Delhaize from Metro's cash and carry arm and, significantly, has no experience of operating in Delhaize's largest market, the US. Katy Askew reports.
For all the recent headlines around the IPOs of US natural and organic retailers Sprouts Farmers Market and Fairway Group Holdings, Whole Foods Market remains the one to watch, writes Dean Best.
Catering to a bifurcated market, the prospect of shorter supply chains and the onward march of technology were key topics for food retailers at the British Retail Consortium's annual symposium, writes Chris Mercer.
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