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UK Retail Market Posts Fastest Growth In August 2016 Quarter

In the UK, the grocery market grew 0.3 percent during the 12-week period ending August 14, 2016, according to Kantar Worldpanel. Data from the market research firm's latest report showed the sunny weather drove sales growth for the frozen confectionery segment, with 23 percent, and chilled drinks, 10 percent. Promotional sales dropped to 37.7 percent of total grocery sales from more than 40 percent recorded in 2015. Aldi saw sales rising by 10.4 percent, with its market share also going up 0.6 percentage points to 6.2 percent. Tesco's sales dropped 0.4 percent, the slowest decline rate for the retailer in six months. Co-op's market share expanded to 6.6 percent, driven by the 2.8 percent increase in sales.

"Grocery market heats up while promotions cool", Kantar Worldpanel, August 22, 2016

Strong Technology And Supply Chain Provide Winning Formula For Target

In the year since Mike McNamara took over the CIO job at Target, he realized that prioritizing the company’s 800 IT projects was Job One. He and his team whittled the “to do” list down to a hundred that represented Target’s top business objectives. These included enhancing the company’s online and in-store shopping experience, supporting small-format stores, modernizing the supply chain, and improving in-stocks. The result, according to McNamara, was “nothing short of sensational,” as the company reduced reliance on third party IT consultants from 70 percent to 30 percent, saving hundreds of millions of dollars. Stability and performance of key retail systems – i.e., cash registers and hand-held devices – have improved. McNamara... More

"Target CIO: Prioritizing Stores, Digital, Supply Chain and Hiring Engineers", News release, Target , August 22, 2016

Seafood Quick-Service Chain’s Mobile Campaign Explains Sustainability Efforts

Fast-seafood chain Long John Silver’s has launched a social responsibility mobile ad campaign with a video on sustainability that highlights its primary menu items – 100 percent wild-caught Alaskan pollock and cod – and tells viewers about its continuous monitoring of Northern Pacific waters. Fishing quotas for the two fish species are regularly adjusted to ensure the species’ strength and survival. The two-minute video was filmed in Alaska and features narration alongside clips showing the state’s Pacific shores. Other videos in the campaign appearing on Vine, YouTube and Facebook, will discuss family and food quality.

"Long John Silver’s Highlights Corporate Sustainability With Snackable Mobile Videos", Mobile Marketer, August 19, 2016

Walmart Reaps Benefits Of Investment In Ecommerce, Store Environment, And Employees

Though some other big retailers – e.g., Target and Macy’s – are slogging their way through a period of sluggish store spending, Walmart is sailing along on prosperous seas. After investing billions of dollars into making its U.S. stores more efficient and pleasant, raising employee wages, and streamlining ecommerce operations, the company reports not only increased online sales but higher store traffic (assisted in part by lower gas prices). Walmart’s online sales rose faster than the previous quarter – the first time this has happened in nine quarters. For the quarter ended July 31, Walmart profits were up 8.6 percent, and revenue crept up by 0.5 percent to $120.85 billion.

"Wal-Mart Store Overhauls Help Boost Sales", The Wall Street Journal, August 18, 2016

Lidl Builds Expanded IT And Data Hub

Discount retailer Lidl plans to upgrade its warehouse data and install new IT tools in order to improve market and consumer insight. By building a new data hub, which involves the rollout of an integrated business intelligence system combining a Teradata data warehouse structure DWH 4.0 with SAP and Business Warehouse module, Lidl aims to be able to perform Big Data analysis. Lidl’s move to the Hana platform will enable Lidl to assess huge volumes of data from the SAP ERP system. Also, the data hub will include BI tools and Big Data tools from MicroStrategy, SAS, Ab Initio, and Hadoop.

"LIDL Investing In Robust Data", Retail Analysis, August 16, 2016

Supermarkets Turn To “Experiential Retailing” To Grow Market Share

Though 25 percent of U.S. grocery shoppers say they are spending more at supermarkets, Mintel data show otherwise. Consumers are actually more likely to shop for groceries at other channels, like mass merchandisers, warehouse clubs and drug stores. Nearly two in five consumers shop secondarily at Walmart, the highest retailer “also shopped” for groceries. Total U.S. multi-outlet sales of groceries will rise 2.5 percent this year to $652 billion, but supermarket sales will grow only 1.9 percent to $317.8 billion. The result? To compete, grocers are turning to innovation and experiential retailing to hold onto or grow market share. For example, ShopRite in Morristown, N.J., offers an in-store restaurant, juice bar, oyster bar and a... More

"US Grocery Stores Struggle To Keep Up", Blog entry, Mintel, August 15, 2016

India's Online Retail Market Expected To Keep Growing, Report Says

Retail ecommerce sales in India will grow 75.8 percent to $23.39 billion in 2016, compared with 2015, according to eMarketer. Data from the market research firm’s report, “India Retail Ecommerce 2016: The Relentless Rise in Mobile Sales,” predicts strong growth during the next few years, with sales reaching $79.41 billion in 2020. Online sales, however, will account for only 2.5 percent of total retail sales in 2016, rising to 5.0 percent in 2020. Retail ecommerce growth is forecast to be driven by mobile, which will account for $15.27 billion in 2016 sales, an increase of 96.3 percent from 2015. Indian consumers’ growing adoption of smartphones is driving growth in mobile ecommerce.

"India's Retail Ecommerce Sector Is Small but Still Growing", eMarketer, August 15, 2016

 
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