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Expert View
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Having already unveiled plans to sell food-to-go through Shell petrol stations and Alliance Boots, Waitrose is looking to consolidate its position in the convenience market with two new initiatives. The retailer is set to trial a new smaller format comprising its first stores of less than 3,000 square feet, and is also in early discussions to acquire the Eat chain of premium food-to-go outlets.
Published By Datamonitor
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30 Mar 2010 |
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Expert View
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Following a challenging year in 2009, French grocer Auchan has reported a marginal rise in sales, driven by its stores abroad. Weak domestic sales and a flagging hypermarket format have prompted the retailer to develop new store formats to meet consumer demand for low prices. Repositioning the hypermarket will prove to be a cost-effective strategy that will boost sales of the format going forward.
Published By Datamonitor
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16 Apr 2010 |
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CommentWire
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Asda's GBP778 million acquisition of Netto's UK chain has the potential to provide an essential boost to the supermarket, which has shown the weakest performance of the Big Four grocers in 2010 thus far. In particular, this acquisition will help Asda to significantly expand its portfolio of smaller stores in an effort to exploit the rapidly growing convenience market.
Published By Datamonitor
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02 Jun 2010 |
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CommentWire
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The Co-op Group has announced that it is to introduce around 100 new products into its grocery stores. This new 'Healthy Choice' range will replace existing healthy private label products in both Co-op and Somerfield stores. The consolidation is likely to be a success, given the continuing consumer demand for healthy foods and beverages and increasing trust in the quality of own-brand products.
Published By Datamonitor
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09 Jun 2010 |
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CommentWire
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Europe's largest retailer, Carrefour, has announced the launch of its value private label range in Spain. The entry level products will meet the high demand for private label goods as well as local produce among Spanish shoppers. Moreover, it will help Carrefour to minimize the impact of deflation on its margins, boosting group profits and improving customer perceptions of the brand.
Published By Datamonitor
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14 Jun 2010 |
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CommentWire
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The collapse of Stokes greengrocers has brought to light the difficult market conditions in which food specialists are currently operating, as multiples and symbol groups expand in neighborhood locations. As traditional players fight to maintain relevance, Verdict believes that survival in the convenience market will depend on differentiation and specialization.
Published By Datamonitor
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03 Nov 2010 |
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Expert View
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Over the last 10 years, out-of-town has consistently outperformed both town center and neighborhood, with average annual growth of 2.5% between 2004 and 2009, compared with 1.4% for neighborhood and 0.2% in town centers. Verdict expects out-of-town to continue to outperform due to food & grocery reliance, its relevance as a click & collect point, and the entrance of new retailers to the sector.
Published By Datamonitor
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25 Nov 2010 |
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Expert View
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Given the rising top-up shopping trend, the UK's convenience retail industry is expanding rapidly. However, fuel retailers have not been able to fully exploit the opportunity, and their efforts thus far have been inadequate in changing consumers' unfavorable perceptions of forecourt shops.
Published By Datamonitor
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27 Jun 2011 |
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CommentWire
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Carlsberg UK is to re-package Carlsberg Export in 500ml PET bottles in an exclusive launch for Sainsbury's Local stores. The company has identified untapped potential in chilled beer and is looking to build impulse sales. With technical problems relating to the packaging now having been addressed, Carlsberg is seeking to attract more casual buyers while retaining its premium status.
Published By Datamonitor
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02 Aug 2011 |
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CommentWire
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BP is offering a new convenience store fascia to its independent dealers in a bid to develop a consistent brand and shop offer across its entire company-branded retail network in the UK. The new dealer offer, BP Essentials, should help the company raise the profile of its overall convenience retail business while also strengthening its relationship with its dealers.
Published By Datamonitor
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24 Aug 2011 |
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