Recent food retailers articles
With consumers looking to stretch their money as far as possible, it’s no surprise that they might be attracted by promotions and sales at their local grocery store.
[read more]Yesterday, Wal-Mart Stores Inc. reported earnings for the fourth quarter of 2008 that beat analyst expectations, an all-too-rare occurrence in the retail world today. Revenue increased 1.7 percent to $109.1 billion on U.S. store sales that grew 6 percent. In its comprehensive year-end review of Wal-Mart, Nielsen looks at how the company innovates and differentiates itself from competitors as well as trends across categories.
Sales across all of the company’s key divisions – Walmart Stores, Sam’s Club and International – grew on a year-to-year basis by more than 6 percent. Comparable …
Sales at grocery stores in the UK showed signs of life in January after several months of minimal growth. According to Nielsen, year-over-year sales growth of 6.5 percent was recorded by top grocers.
Interestingly, sales of general merchandise such as homeware, electrical and clothing showed improvement after months of softness. Over 2008, average growth in this category was just over 2 percent; in January 2009, sales grew 4.4 percent.
“Non-foods have struggled in supermarkets for months and it was one of the first categories to suffer as shoppers cut back …
Between 2001 and 2008, more than 35,500 new stores – from warehouse clubs, supercenters and home improvement to convenience and grocery – opened around the U.S. And while almost all categories of stores showed significant growth (except for drug stores, toy stores and electronics stores, which actually contracted) during the eight years studied, some formats showed greater promise than others. According to new findings from Nielsen, the economic turmoil of the last year or so has already had a profound effect on the …
[read more]Sales in the British grocery sector picked up over the holidays, but were largely negated by weak sales at the beginning of December, Nielsen reported last week.
Growth (by value) of British food sales for the four-week period ending December 27 was up by 2.6% year-over-year overall and by 4.5% year-over-year for grocery multiples.
“The consumer was much more cautious this year, and it was a back to basics Christmas,” Mike Watkins, senior manager, retailer services, Nielsen, noted. “Sales of packaged grocery (+11%), frozen (+10%), and confectionery (+8%) were buoyant, while sales of …
More than half of U.S. consumers (58%) are “very concerned” about rising food prices, according to a survey of more than 48,000 households conducted by Nielsen in October.
So are consumer packaged goods (CPG) manufacturers and retailers, who have struggled in recent months to balance consumer demand for low prices and high value with abnormally high raw materials and transportation costs.
Rather than raising prices, some food manufacturers have reduced the size of their products. Such strategies may minimize sticker shock at the grocery store, but are unpopular with U.S. consumers.
Instead, according …
Sales in British supermarkets picked up during the last two weeks of November, as shoppers turned their backs on convenience stores and the high street retailers in favor of larger purchases at larger, value-oriented hypermarkets, Nielsen reported Tuesday.
Year-over-year growth at hypermarkets reached 6% during the period, while the smallest convenience outlets declined by almost 2% during the 12-week period.
In comparison, year-over-year growth in the British grocery sector stood at 3.2% during the 12 weeks ending 29 November, according to Nielsen. Grocery multiples showed stronger growth (+5.6%) during the period.
“In order …
Despite the tough economic climate, British value retailer Asda is thriving.
According to Nielsen, the chain increased its market share from 14.9% a year ago to 15.6% during the last quarter — the retailer’s highest ever market share, aside from the Christmas 2007 season.
Asda’s performance (8.7% sales growth) during the most recent 12-week period ending November 1, 2008 easily bested the rest of the British grocery market, Nielsen reported Tuesday. The chain showed especially strong growth during October, when the global financial crisis reached a boiling point.
Growth (by value) of food sales at British supermarkets slowed to 5.4% during the 12 weeks ending October 4, compared with the same period in 2007, Nielsen reported Tuesday.
Flagging sales in September, when growth dipped to 4.5% — a full percentage point below August growth levels, drove the declines.
“Shoppers are still trading down,” Mike Watkins, senior manager, retailer services, Nielsen noted. “Family shoppers in particular, are trying to save money, with 70% saying on they are looking to economize on grocery shopping — up from 63% in June.”




