The news: Tesco is phasing out its Value private label line and replacing it with a new brand called Everyday Value.
The implication: This isn’t just a name change, but a move to make the packaging and quality of its bottom-tier range far more attractive to value-seeking shoppers. The products will contain no MSGs, GMOs, and [...]
Carrefour is expected to report on Thursday that Q4 like-for-likes at its French hypermarket division have declined by 5%. This follows last week’s dreadful UK numbers from Tesco. With this in mind, let’s take a look at whether big-box stores can reverse their fortunes.
The sixties was a momentous decade for retail. In 1962, America’s [...]
An extra long one this week to share our thoughts on UK Christmas this year. The below is an excerpt of a broader opinion piece which is being published this week.
Subdued consumer environment
Challenging will be an understatement when describing this year’s Christmas trading period. Consumer budgets remain under a tremendous amount of pressure, particularly [...]
South Africa’s second largest grocery retailer Pick n Pay has launched a premium private label line, a move that Planet Retail predicted in its report Walmart in South Africa: The Beginning of a New Age*.
The launch of the PnP Finest range not only represents another strategic initiative modeled after Tesco in the UK, but also [...]
Greetings from Germany. I have had the pleasure of attending our sister company WRC’s annual conference this week in Berlin. Lots to report but for the sake of relevance, I will keep it focused on Carrefour whose CCO Jose Carlos Gonzalez-Hurtado gave a very honest and insightful overview of Carrefour Planet. Key takeaways:
As expected, no [...]
Price transparency. It’s changing the way shoppers behave, the way retailers position themselves and, of course, the way suppliers respond.
Gimmicky promotions are out and honest pricing is in. Today’s shopper is armed with their own personal price checker (ie smartphone) which means retailers have two options: 1) commit to truly offering the lowest price [...]
When it comes to breaking tradition in the world of private label, there is no one better than our friends in Cheshunt. It all kicked off in 1924 when Tesco founder Jack Cohen used the first three letters of tea supplier TE Stockwell’s name and first two of his own to create the retailer’s first [...]
Day Two kicked off with an onsite Sam’s Club update from Brian Cornell and Linda Hefner. Sam’s has really picked up momentum in recent months and it’s clear to see why. Improvements in merchandising and operations are beginning to bear fruit but the buck doesn’t stop there. Today, they announced the launch of 3 new [...]
One year ago if you asked me to name the retailer that was launching clothing stores in the Middle East, buying stakes in Chinese internet retailers and attempting to convince the South African government to let them in… I certainly wouldn’t have said Walmart.
Walmart has never been one to rest on its laurels, but the [...]
Late last year, Bill Simon commented that in order to develop smaller format stores in the US, Walmart would need to “beg, borrow, steal and learn” from the retailer’s Latin American operations. Walmart has been wildly successful in Latam targeting the C, D and E demographics with a small format – from its bodegas in [...]