The mid tier Chosen by You brand could disappear from Asda as the retailer updates its private label offer, according to reports in The Grocer. In recent weeks a number of Chosen by You products have been replaced with products labelled simply as Asda. This is particularly noticeable in the fresh and chilled categories. (igd.com)First 365 by Whole Foods Market to open in Los Angeles
365 by Whole Foods Market is opening its first location on May 25 in the Silver Lake neighborhood of Los Angeles. The location will feature selections from Whole Foods Market’s 365 Everyday Value brand, as well as local and branded products. (rebusinessonline.com)
Giant Cambodia has opened its first store in the kingdom, in Phnom Penh’s Grand City Mall. It is part of a major expansion into Cambodia by the Malaysian wholly owned subsidiary of pan-Asian retailer Dairy Farm International, which also has a 70 per cent stake in Lucky Private, the owner of Lucky Supermarkets. (insideretail.asia)Singapore: FairPrice supermarkets slash food waste by 40%
Lotte Mart seems poised to meet a goal of 60 stores in Vietnam by 2020, with the grand opening of the 12th outlet slated for next week, the Vietnamese division of the South Korean retail giant said on Thursday.
Golub Corp. disclosed plans Thursday to open or convert additional Price Chopper Supermarkets to its new Market 32 banner. Four stores in New York reopened under the new banner Thursday — two in Albany and one each in Guilderland and Troy. (supermarketnews.com)
Latin America: key retail developments in Q1
Russian retailer X5 has reported total net retail sales growth of 26.7 per cent year on year for Q1 2016, a performance it says was driven by an 18.9 per cent sales growth contribution from a 31 per cent rise in selling space. (esmmagazine.com)
Grocery retailer Caprabo plans to expand its network of franchise outlets in Spain from 42 to 100 by 2018. Last year, the company opened 11 franchised supermarkets across the Catalonia and Andorra regions, which brought the total to its current 42. The main focus will continue to be on the region of Catalonia, but the company also hopes to enter areas where it has no presence at the moment. (esmmagazine.com)
Weis Markets, Sunbury, Pa., plans to boost capital spending by 33% this year to a record $140 million, Jonathan H. Weis, chairman and CEO, told shareholders Thursday. The money will cover the cost of three new stores, 20 remodels, three Gas N’ Go fuel centers and “record technology investments,” he said. (supermarketnews.com)
According to Reuters, Lotte is no longer interested in the acquisition of Big C Vietnam. Reportedly the deal may value about $1 billion. The spokesman for Lotte Group refused to comment on the information. Meanwhile, there is no information from the Casino Group - which owns Big C Vietnam.