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Ahold Delhaize Posts Strong Sales Numbers In 4Q And Full-Year 2016

Ahold Delhaize reported consolidated net sales jumped 54.5 percent to €15.1 billion in the fourth quarter of 2016, compared with the same quarter in the previous year. Corresponding pro forma net sales were at €15.5 billion. Net sales grew 2.8 percent on a pro forma basis, at constant exchange rates and adjusted for week 53 in 2015, the company said. For the full year 2016, pro forma net sales rose 3.4 percent to €62.3 billion.

"Ahold Delhaize Trading Statement Fourth quarter and Full year 2016 ", Ahold Delhaize, January 19, 2017

Tesco Hires Mindshare Veteran As First Media Manager

Tesco said it has appointed Mindshare's chief client officer Nick Ashley as the retailer's first head of media. Reporting to Tesco's group brand director Michelle McEttrick, Ashley will oversee the company's media operations across brand, food, mobile, banking, and general merchandise.

"Tesco hires Mindshare's Nick Ashley as first head of media", Campaign Live, January 19, 2017

Rick Gomez Named Target’s Chief Marketing Officer

Rick Gomez, a four-year veteran of Target Corporation, was named the company's chief marketing officer. While at Target, Gomez managed the marketing of the baby, kids, style and wellness product categories, and was instrumental in extending and deepening customer research. His primary task now will be to oversee marketing and media strategy, creative, marketing communications, customer research, loyalty, corporate communications and corporate social responsibility efforts. He will report directly to CEO Brian Cornell.[ Image credit: ©  Target ]

"Target Names Rick Gomez as Company's Chief Marketing Officer", News release, Target Corporation, January 19, 2017

Carrefour Reports Strong Sales Growth In 4Q And Full-Year 2016

Carrefour reported total sales, including petrol, rose 3.7 percent to €27.9 billion in the fourth quarter of 2016, compared with the same quarter of the previous year. Also, total sales grew 2.1 percent to €103.7 billion in the full year, compared with the previous year. Excluding petrol, the retailer posted total sales of €85.7 billion, an increase of 3.3 percent from the previous year. International sales rose 4.9 percent in the full year, with Other European Countries posting an increase of 2.0 percent, while Latin America showed a strong growth of 13.5 percent.

"Carrefour 2016 4th Quarter and Full Year Sales", Carrefour, January 19, 2017

Canadian Shoppers Buying Less, Making Fewer Trips To Retail Stores, Study Shows

Consumers in Canada are shopping less, with trips to the retail store per household dropping 2 percent in the year ending October 1, 2016, according to Nielsen. Data from the market research firm revealed 22 percent of Canadian consumers showed concerned about rising food prices. Results of a review of major channels in the country showed spending per trip for grocery and mass merchandisers dropped 1 percent from $51.6 and $63.3 to $51.2 $62.5, respectively. At present, consumers spend an average of $8,492 per year across all retail channels in consumer packaged goods.

"How Canadian Retailers Can Address The Shrinking Consumer Basket", Nielsen, January 09, 2017

 
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