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Partnership for Walmart and Tasty
Sprouts Farmers Market gets ready for online grocery growthUS: Walmart and Tasty partner for in-app purchasing
Tasty, one of the leading social food networks, partners with Walmart to offer in-app purchasing of kitchen tools, bakeware and appliances. The partnership enables users to order products directly from the app on Walmart.com and Jet.com, according to igd.
US: Sprouts Farmers Market prepares for online grocery growth
The store strategy of Sprouts Farmers Market to open locations in sparsely populated areas in the boundaries of cities creates opportunity to focus on delivery and the shift further into digital retail. “We’re actually looking forward to things going online,” said CEO Amin Maredia. “And if the customer preference goes that way, we actually think that’s a benefit to Sprouts.”
Please click here to read the rest of the article at supermarketnews.com
OK Supermarket acquired by Auchan Romania
Auchan Romania has aquired OK Supermarket, with 3 stores in Bucharest. Auchan Retail aims to make its retail banners more homogenous, and places greater emphasis on the Auchan brand.
Please click here to read more at esmmagazine.com
Portugal: Sonae is negotiating to buy Egyptian Supermarket chain
Portuguese retail group Sonae SGPS is negotiating with Egypt’s Abraaj Group to buy the Spinneys supermarket chain. Sonae has dropped its plans to expand its Continente hypermarket brand in Angola.
Please click here to read the rest of the article at esmmagazine.com
3.5% sales growth in November posted by ICA Sweden
ICA Sweden declared that its sales increased by 3.5% in November, reaching SEK 9.17bln. Sales in like-for-like stores were up 2.8%. The total sales were SEK 103.3bln for the year to date, from January to November. This represents a growth of 2.9% compared to the previous year, according to esmmagazine.com
Ireland: Supervalu purchases Associated Grocers of Florida
Supervalu Inc. has succeeded in the acquisition of Associated Grocers of Florida, Inc. The transaction was valued at approximately $193 mln. In its last fiscal year Associated Grocers of Florida had annual sales of approximately $650 mln.
Please click here to read the rest of the article at businesswire.com
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