IGD

Retail Asia19/06/2019

Berli Jucker, the operator of Thailand’s Big C retail stores, has reported revenue of THB30.9 billion (US$979 million) in the first quarter, gaining THB1.6 billion (US$50.5 million) over the same period last year. Network expansion was the main driver of the revenue growth, reported IGD, with 27 Mini Big C stores opening during the quarter, […]

Retail Asia18/12/2018

Global grocery markets are likely to generate an additional US$1.9 trillion in sales by 2023, led by Asian countries, according to new research data. The IGD forecast, based on IMF, World Bank, UN and Oanda base data, predicts Asia will see the strongest real growth – from population growth or consumers spending more on grocery […]

Retail Asia27/11/2018

Seamless in-store shopping experiences coupled with innovative advances in technology are among IGD’s five key retail trends for 2019. “Next year’s biggest trend of all is likely to be the continuation of rapid and radical change in the food and grocery industry,” said Toby Pickard, head of insight, innovation and futures at IGD. “We have […]

Retail Asia01/06/2018

AI will soon revolutionise the online grocery shopping experience, according to research released today ahead of next month’s Consumer Goods Forum Global Summit in Singapore. The research, compiled by IGD, is based on a survey of 223 senior industry members across 42 different markets and a series of in-depth interviews. It predicts digital transformation will […]

Retail Asia29/03/2017

Vietnam will be the fastest-growing convenience market in Asia by 2021, predicts international grocery research organisation IGD. According to the researcher, Asia’s grocery market will be the largest in the world with predicted 6.3 per cent of compound annual growth rate, up to US$4.8 trillion by 2021. Of that, the convenience store sector will see […]

Retail Asia27/02/2017

The Singapore online grocery market is set to more than triple in size over the next three years, according to research house IGD. The global organisation expects sales will rise from the current S$130 million (US$91 million) to S$500 million (US$350 million) by 2020. At the end of 2016, IGD valued online grocery to have […]

Retail Asia07/12/2016

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Asia will continue to be the biggest engine of growth in the grocery market with its sales set to exceed those of Europe and North America combined within five years, according to new forecasts from research organisation IGD. Global growth will be driven by a combination of inflation, population and rising incomes. Highlights from IGD’s […]

Retail Asia16/11/2016

“Lead or lose” – that is the message for food and grocery businesses from chief executive Joanne Denney-Finch of the industry’s research and training charity IGD. Outlining her vision for the future of global retailing, she told delegates at the Canadian Grocer Thought Leadership Conference in Toronto that retailing was splitting into two parts: one […]

Retail Asia05/09/2016

Indonesia’s Alfamart has reported a healthy first half year’s performance. Alfamart sales rose by 21.5 per cent to IDR36,870 billion (US$2 billion) thanks to an aggressive store expansion program. The company’s unaudited gross profit increased 20.6 per cent. With a network total of 12,971 stores, Alfamart group remains narrowly behind competitor Indomaret, with 13,099, records […]

Retail Asia20/08/2016

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Carrefour China says it will concentrate on convenience store development for the rest of this year. The French-headquartered retailer has been losing market share in the hypermarket segment and has closed about 30 stores during the past three years. It is trying to find a new growth model for the competitive Chinese model according to […]

Retail Asia10/11/2015

“Genuine revolutions in food retailing are rare, but we’re living through one now.” That’s the view of Joanne Denney-Finch, CEO of the food and grocery researcher IGD, speaking who addressed last week’s Asia Pacific Retailers Convention and Exhibition (APRCE) conference in Manila. She believes the drivers of change are based on increasing population growth, especially […]

Retail Asia28/08/2015

The China grocery boom is accelerating – but India and the so-called MINT countries are chasing. Chinese grocery sales are set to grow by a third between now and 2020 and reach US$1.5 trillion per year, according to new forecasts from IGD. While China will comfortably retain its position as the largest grocery market in […]

Retail Asia22/07/2015

Swiss retailer Migros is to sell private label products into two Japanese retail chains. Switzerland’s largest grocer, and one of the world’s 40 largest supermarket chains, is to sell lines to Lawson’s Seijo Ishii stores and Seiyu, which is Walmart’s Japan business. According to the Nikkei Asian Review, Migros will start with 16 premium products […]

Retail Asia07/07/2015

China online grocery sales are predicted to grow five-fold between now and 2020 – from the current $41 billion to about $180 billion. A reported by IGD Research says China is already the largest market in the world for online grocery sales and by 2020 it will be worth about $70 billion more than the […]

Tag: IGD

Network expansion boosts Berli Jucker Profit

Global grocery markets growth fuelled by Asia, says IGD

IGD predicts five trends set to shape retail in 2019

How AI affect online grocery shopping experience

Vietnam convenience store growth to lead Asia

Singapore online grocery market to triple by 2020

Asian grocery boom predicted by IGD

‘Lead or lose’ message for food and grocery

Alfamart sales strengthen

Carrefour China concentrating on convenience

Four trends to shape food retailing future

China grocery boom accelerates

Migros to sell private label in Japan

Five-fold growth ahead for China online grocery market