SRC-KPMG SCOTTISH RETAIL SALES MONITOR MARCH 2014: Strong performance in the fashion and footwear categories

LONDON, 2014-4-23 — /EPR Retail News/ — In March 2014 total Scottish sales decreased by 2.5% compared with March 2013, when they had increased by 1.8%. Like-for-like sales decreased by 3.8% on last March, when they had increased by 0.9%. Taking account of shop price deflation, March total sales were down 0.8% in real terms.

Total Food sales were 3.5% down on March 2013, when they had increased 5.2%. This year’s figure is distorted by the timing of Easter, which will fall in April this year but was in March last year.

Total Non-Food sales decreased by 1.8% on a year earlier when they had decreased by 1.4%. Adjusted more comprehensively for the estimated effect of online sales, total Non-Food sales would have decreased by 0.2%.

David Lonsdale, Director of the Scottish Retail Consortium, said: “Although these figures show a decline, they are stronger than expected given the fact that Easter will fall so late this year. A particularly strong performance in the fashion and footwear categories shows that shoppers are taking advantage of popular new collections on offer. Scottish retailers are working hard to respond to what customers want in this sector, and it is paying dividends.

“Unsurprisingly compared to last year, categories that perform strongly over the extended Easter break have seen lower sales. Household accessories and furniture are often key purchases over the holiday, and have seen a decline. In line with the rest of the UK, food sales are affected by the intense competition within this category.

“These results follow a strong start to the year in January but retailers will be looking forward to April’s results to see how this balances out over the period. Going further, retailers will be buoyed by the news that household income has finally caught up with inflation for the first time in nearly six years. The crucial factor is whether this trend will continue and also translate into higher levels of confidence and more transactions.”

David McCorquodale, Head of Retail at KPMG, said: “The timing of Easter – April this year, March last year – distorts the sales figures and exaggerates the decline in Scottish sales.

“The weather this year has been kinder and more spring-like compared with the icy blasts of last year, which has meant that clothing and fashion retailers have fared better in the first quarter of 2014 compared with last year. More favourable economic indicators are also helping to gently loosen some purse strings. In the other non-food categories, such as furniture, flooring and household goods, we will have to wait for Easter trading to see if there is a real uptick in these categories but I fear that the Scottish consumer will wish to have harder evidence of house price rises than indicators from the South East of England before big ticket expenditure in Scotland sees a noticeable recovery.

“Total food sales in Scotland for the three months to March fell by 1.2% compared with a decline of 0.6% in the rest of the UK, hinting that the Scottish consumer is being cautious and canny in spending on necessities, and perhaps being more alert to the discounting of the grocers. This is clearly a very competitive area of the market and customer loyalty will be tested to the full as the price wars launched by some grocers take effect. The winner here will be the consumer, and possibly other retail categories, should there be extra pennies to spend.”

British Retail Consortium, 21 Dartmouth Street, Westminster, London, SW1H 9BP. 020 7854 8900. info@brc.org.uk.

Carrefour franchise partner the Marinopoulos Group opened two new stores in Bulgaria

PARIS, 2014-4-23 — /EPR Retail News/ — Our franchise partner – the Marinopoulos Group – has opened two new stores.

The Pleven Carrefour Market (12 April 2014) extends over a sales area of 1300 m².

The Plovdiv Carrefour hypermarket (17 April 2014) has a sales area of 2100 m².

The Marinopoulos Group currently runs 591 stores – 55 hypermarkets, 274 supermarkets and 262 convenience stores in 5 countries: Bulgaria, Albania, Macedonia, Greece and Cyprus.

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Tesco announced massive savings as it cuts food products prices even more and slashes online shopping charges

  • One hour Tesco.com delivery slots now available for £1
  • Click & Collect Grocery now FREE across all locations
  • Delivery Saver prices are lowered, saving customers up to £252 a year
  • Prices have been cut on everyday items that customers regularly buy

Cheshunt, England, 2014-4-23 — /EPR Retail News/ — Tesco customers are set to make massive savings on their shopping as the supermarket has cut the price of even more food products and is slashing online shopping charges – including FREE Click & Collect for groceries.

From today (Tuesday 22 April), prices will drop on over 30 products including bacon, baked beans, broccoli, peppers, sugar, lettuce, cucumber portions and lines from Tesco’s bread ranges.

Like the food price cuts, the new prices for home delivery and Click & Collect are down and staying down, with one hour home delivery slots now available for £1 and Click & Collect Grocery now free across all locations. Tesco.com now offers more £1 slots than any other UK retailer.

The price cuts mean that Tesco.com customers could save up to £130 a year, while Click & Collect customers could save up to £111 a year. And the 200,000 customers already signed up to Delivery Saver could save up to a whopping £252 per year.*

David Wood, UK Marketing Director at Tesco said: “I’m absolutely delighted we can do this for our customers.  We never stop thinking about how to make their lives better and easier, and these new lower prices on every day products will really help families on a budget.  Together with £1 home delivery or free Click and Collect for food shopping, our customers are going to make real savings.

“I’m especially pleased that we’ve been able to make the traditional English cooked breakfast cheaper just in time for St George’s Day on Wednesday.  By cutting the price of eggs, bacon, tomatoes, bread, butter and baked beans, a family of four who like a cooked breakfast once a week will save around £96 a year.”**

In addition to prices coming down and staying down and the lower online shopping costs, Price Promise continues to give Tesco customers peace of mind that they’ll never lose out on price at Tesco, and the new Fuel Save offer rewards them with money off petrol, simply for shopping at Tesco.

 

ENDS

 

Notes to editors

Further information

·         Customers can log onto www.tesco.com to reserve their £1 dotcom delivery slot. Minimum delivery order is £25.

·         Customers can order online and pick up their shopping from over 260 Click & Collect Grocery locations through the UK. Visit www.tesco.com/collect for more details. Minimum order for collection is £25.

·         For more information on Delivery Saver, visit www.tesco.com/deliverysaver.

 

*The online shopping charges are broken down as follows:

Dotcom customers

Many of our one-hour slots are discounted by £2.50 or more. For example, a customer who shopped every Thursday evening would save £130 a year.

Click & Collect Grocery customers

Click & Collect is now free. A customer who previously shopped during £3 weekend slots could save £111 a year.

Customers who have a Delivery Saver plan

Delivery Saver is now just £60 a year for an Anytime plan and £30 for a Midweek plan. This is a saving of £60 a year compared with the old pricing, and up to £252 compared with purchasing slots through the new matrix.

 

 

**The food prices are broken down as follows:

 

TESCO FREE RANGE EGGS MEDIUM BOX OF 6

Was £1.38

Now £1.00

Saving 38p

 

TESCO ENGLISH   SLIGHLTY SALTED BUTTER 250G

Was £1.49

Now £1.00

Saving 49p

 

TESCO BAKED BEANS IN TOMATO SAUCE 420G

Was £0.45

Now £0.32

Saving 13p

 

TESCO UNSMOKED  -BACON 210G

Was £1.89

Now £1.50

Saving 39p

 

TESCO SALAD TOMATOES  6PK

Was £1.00

Now £0.69

Saving 31p

 

TESCO WHOLEMEAL MEDIUM BREAD    800G

Was £0.90

Now £0.75

Saving 15p

 

Total saving for a family of 4

£1.85

Total annual saving for a family of 4

£96.20

 

About Tesco
We are a team of over 530,000 people in 12 markets dedicated to bringing the best value, choice and service to our millions of customers each week. Our core purpose is ‘we make what matters better, together.’

Walmart expands its Empowering Women Together product offering in time for Mother’s Day

Retailer teams up with Full Circle Exchange to expand its availability of products made by small women-owned businesses from online to more than 2,600 stores nationwide

BENTONVILLE, Ark., 2014-4-23 — /EPR Retail News/ — In time for Mother’s Day, Walmart expands its Empowering Women Together product offering of unique and meaningful gifts that will celebrate moms everywhere while supporting small women-owned businesses from around the world. The retailer announced it is increasing the availability of products created by small women-owned businesses beyond its current online platform into more than 2,600 stores nationwide – a move that provides abundant opportunities to women’s businesses and furthers Walmart’s efforts to help improve women’s lives. 

Tremendous progress has been made for women in business, yet there are still a number of barriers to overcome. According to the EY “Growing Beyond” report, currently in the United States 46 percent of privately held firms are now at least half-owned by women, but these businesses often have difficulty scaling up. In fact, enterprises owned by men, are more than three times as likely to reach $1 million in annual revenue. The Empowering Women Together program is part of Walmart’s larger commitment to increase sourcing from women-owned businesses. Other goals include sourcing $20 billion from women-owned businesses for its U.S. business and double sourcing from women suppliers for the international markets where it does business.

“Empowering Women Together began as an online platform one year ago, and this spring we are bringing select products in-store. By offering these products in-store, several small women-owned businesses will now have access to more than an estimated 100 million shoppers. We are excited to offer this opportunity to both our customers and suppliers,” stated MiKaela Wardlaw Lemmon, senior director of Women’s Economic Empowerment at Walmart. “Mother’s Day is a time to celebrate the special women in our lives.  This Mother’s Day assortment allows our customers to give gifts that will not only wow mom, but uplift women around the world.”

Walmart, in collaboration with Full Circle Exchange, an innovative social enterprise brand, has identified five suppliers to bring these new products into Walmart stores this spring including, Caribbean Craft, Fidenzo Designs, Nirmal, Soreh Designs and women refugees employed at Full Circle’s facility in Boise, Idaho. For the first time, as a part of Walmart’s Empowering Women Together initiative, these small women-owned businesses from the U.S., Peru, Haiti and India are being introduced to an entirely new audience of shoppers—Walmart shoppers nationwide. Among the nearly 50 products available in stores this week are scarves, aprons, mugs, chocolate gift sets and greeting cards. To find out which Walmart stores will be offering these Empowering Women Together products or to purchase products online, please visit: www.walmart.com/empoweringwomentogether.

“At Full Circle Exchange we strive to empower women and communities with job creation, improved incomes, access to global markets, job skills and education,” said Mark Priddy, co-founder and CEO of Full Circle Exchange. “We are excited to be working with Walmart this Mother’s Day to expand our reach to a larger audience of in-store shoppers, and as a result, we expect to see positive impacts on the women and communities where these products are made. Walmart has created new opportunities for these women-owned businesses that would have otherwise not been possible.”

Empowering Women Together originally launched in March 2013 as an online platform with 19 suppliers representing nine countries and more than 200 items. Since launch, Empowering Women Together has grown to more than 30 suppliers in 11 different countries with more than 350 products. Learn more about Walmart’s Empowering Women Together program here:http://www.walmart.com/cp/Empowering-Women-Together/1094926 and Walmart’s overall Global Women’s Economic Initiative here: http://foundation.walmart.com/our-focus/womens-empowerment/

About Walmart’s Global Women’s Economic Empowerment Initiative
In September 2011, Walmart announced its global Women’s Economic Empowerment Initiative.  The program’s key goals were formed through conversations with leaders from government, non-governmental organizations (NGOs), philanthropic groups and academia and include increasing sourcing from women-owned businesses, empowering nearly 1 million women through training, and promoting diversity and inclusion representation within our merchandise and professional services suppliers.  Empowering Women Together is part of this initiative’s 5-year commitment through 2016 to source $20 billion from women-owned businesses.

In addition to these key focus areas, Walmart will support its Women’s Economic Empowerment Initiative with more than $100 million in grants that drive progress against its goals.  Funding will come from the Walmart Foundation and donations directly from Walmart’s international businesses.

About Walmart 
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our 11,302 stores under 71 banners in 27 countries and ecommerce websites in 10 countries. With fiscal year 2014 sales of over $473 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

IKEA to introduce chicken and vegetarian meatball as lower carbon alternative to its regular meatballs

CONSHOHOCKEN, PA, 2014-4-23 — /EPR Retail News/ — IKEA is a responsible company and we believe that we can play an important role in the move towards a more sustainable society. We will continue to sell the regular meatballs that our customers enjoy every day at IKEA. However we will also provide lower carbon alternatives; a chicken meatball and a vegetarian meatball are under development and will complement our meatball offer in 2015.

IKEA US Contact:
Mona Astra Liss, Corporate PR Director
Mona.Liss@IKEA.com
610.834.0180 ext. 5852

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Ahold repurchased 1,070,000 Ahold common shares for €14.80 million between April 14 and April 18, 2014

Zaandam, the Netherlands, 2014-4-23 — /EPR Retail News/ — Ahold has repurchased 1,070,000 Ahold common shares in the period from April 14, 2014 up to and including April 18, 2014.

The shares were repurchased at an average price of €13.8332 per share for a total consideration of €14.80 million. These repurchases were made as part of the €500 million share buyback program announced on February 28, 2013 as increased by €1.5 billion to a total amount of €2 billion announced on June 4, 2013.

The total number of shares repurchased under this program to date is 94,895,308 common shares for a total consideration of €1,214.80 million.

During the share buyback program, Ahold publishes a press release every Monday with a weekly update. Click here to view all the relevant information of these these weekly updates. Separate weekly press releases are available upon request. Please send an email to communications@ahold.com if you would like to receive one or more of these weekly releases.

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