IGD is a training and research charity.
We’re proud to help launch the world’s first Food Waste Reduction Roadmap in partnership with WRAP. The Roadmap sets out a clear path we should all follow collectively to tackle UK food waste wherever it occurs.
Retail Analysis is your window on the world of retail, providing insights on retailers, countries, stores and trends.
Our team of retail experts track the latest industry trends, deliver and analyse key news, and visit retailers and their stores around the world to provide you with commercial insights that will help you build stronger plans and work more effectively day-to-day.
Digital retail models of the future
Our new research examines how data and technology are transforming retail business models.
Better understand what’s influencing grocery shoppers today, with insight on this means for future behaviour both pre-shop and in-store. We talk to thousands of British grocery shoppers each year. We explore their behaviour, missions, sentiment and preferences across a range of different key industry themes and topics.
Shoppers of the future
Future-proof your business now to win with shoppers in 2025.
Use your supply chain to be more efficient, improve capability and grow your company. Supply Chain Analysis gives you the latest insight, case studies and thought leadership on how to build a successful supply chain.
Supply Chains for Growth
Download our report to understand how supply chain excellence will be a source of growth and value for the future.
Insight and capability to successfully trade in Asia's FMCG markets
Asia Trends 2019
Our top five trends shaping the Asian retail market and influencing retailer strategy over the next year and beyond.
Most visited retailers
City GuidesView All
Majid Al Futtaim has outlined plans to invest PKR40bn (US$256.1m) in Pakistan.
UAE-based Majid Al Futtaim has rebranded its Pakistan-based Hyperstar chain to the Carrefour brand.
Majid Al Futtaim has operated stores in Pakistan, through the Hyperstar band, since 2009. The retailer has six Hyperstar hypermarkets in three major cities; Islamabad, Karachi and Lahore. Majid Al Futtaim said the rebranding to Carrefour will “enhance modern retail in Pakistan”.
Gyu Taeg Kim, Majid Al Futtaim’s country manager of Hyperstar Pakistan, added, “The rebranding to Carrefour is an important milestone for Majid Al Futtaim in Pakistan and comes with major expansion plans in the country. Operating under the Carrefour brand will… enable us to deliver an exceptional shopping experience to our customers”.
As well as rebranding, the retailer has announced the launch of a loyalty programme and mobile app in Pakistan. The rebranded stores will use bio-degradable, reusable bags and offer free wi-fi, amongst a range of other services.
Elsewhere in Pakistan, Majid Al Futtaim will open a new supermarket format under the Carrefour Market banner. The store will be opened in early 2019 in the Mall of Defence in Lahore. The retailer plans to open additional stores in Faisalabad, Gujranwala and Sialkot, amongst others, throughout 2019.
Spanish supermarket chain Condis is set to invest up to PKR139bn (US$1bn) in Pakistan.
Last month, a team of Condis supermarket colleagues headed by the Director of Expansion, Mr. Jose Manuel Castellano visited Pakistan. As reported in ARY News, the team visited several cities, including Multan, Jhelum, Rawalpindi and Islamabad to explore feasibility of entering the market.
With the potential investment, Condis will look to strengthen its sourcing credentials. It plans to import their products to Pakistan, but also export Pakistani products back to Spain so shoppers in both countries can benefit from new products.
In recent years, we have seen increasing investment in Pakistan. It is a market where traditional dominates, but foreign retailers such as Majid Al Futtaim, SPAR International and Alibaba, alongside existing local players such as Utility Stores Corporation, are driving growth in modern trade.
While internal political disputes have led to uncertain trading conditions for retailers (e.g. displacement of shopkeepers), Pakistan’s economy has grown quickly in recent years. This has been supported by investment from China in the China-Pakistan Economic Corridor. Its close ties with China, large population of young people and increased levels of foreign investment is making Pakistan an exciting market for businesses to consider.
UAE Majid Al Futtaim Retail is targeting 10% revenue growth in 2018, as it continues to expand its store network around the world.
The company plans to invest between DH1.5bn (US$408.4m) and DH2bn (US$544.5m) in expanding Carrefour’s store portfolio by 2021, with Saudi Arabia, Egypt, Pakistan and East Africa the key growth markets outside the UAE.
In many of the markets that MAF has outlined for expansion, modern trade is still at its infancy. The retailer's clean and modern stores are setting new standards, offering shoppers greater choice of products including local and global brands, and a destination to shop for food and grocery, home, personal care and general merchandise under one roof.
CEO of Majid Al Futtaim Retail, Hani Weiss, said 'We continued to see a very robust performance in 2017 and are forecasting even higher, growth this year – far above 10%.'
SPAR International has enjoyed ‘strong, continued growth’ in 2017, with sales rising 5.3%, on a constant currency basis, to €34.5 bn. SPAR International said its performance had benefited from its continued focus ‘to grow [its] presence through targeted expansion, and to drive retail development through expanding our multi-format retail strategy’.
In 2017, SPAR International continued to enter new countries in conjunction with new partners, while its existing retailers sustained the pace of their store expansion too. As a result, SPAR International said:
At a global level SPAR International said sales grew 5.3%, on a constant currency basis, while by region, it noted:
Discussing its 2017 performance, SPAR International’s chief executive, Tobias Wasmuht, said: “2017 was an extraordinary year of growth for SPAR Worldwide, with sustained growth across all 48 markets where SPAR operates. Our strategy launched in 2016 entitled ‘SPAR: Better Together’, is showing strong signs of benefitting our SPAR country operations internationally… A key focus throughout 2017 has been to grow our presence through targeted expansion, and to drive retail development through expanding our multi-format retail strategy. Operationally we are stronger as a result of investments in the supply chain and are generating more value through better buying and leveraging our growing scale in procurement.”
This in-depth guide to Pakistan explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.
We've developed a single, universal methodology for calculating food and consumer goods retail data, supported by our programme of primary and secondary research. This makes Datacentre the most reliable and robust source available for data of this type.