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Retail


UK fresh food prices rise in June | Musgrave ‘invests heavily’ in e-grocery

Carrefour Q2 sales growth accelerates

E-mart's bananas becomes top-selling productBananas were the most sold fruit in the first half of the year, according to leading retail giant E-mart on Friday, replacing the longtime favorite apples. E-Mart said it sold 37.6 billion won (US$32.48 million) worth of bananas in the January-June period, up 8.7%.....

Costco evades Amazon-inspired gloom as sales beat estimates

Merger creates large Hispanic grocery chain

Walmex same-store sales rise Mexico's biggest retailer, Wal-Mart de Mexico, said on Thursday that sales at its Mexican stores that have been open at least a year rose 7.2 percent in June compared to the same month last year. Total sales in Mexico increased 8.6 percent in the same period, Walmex said......

Indian online grocery startup Jumbotail raises $8.5 mln in funding

Amazon's hunt for a German grocer

No bidders emerge for Ultra storesNo successful bidders emerged in a bankruptcy auction late last week for 11 Ultra Foods stores, owner Central Grocers said. The cooperative distributor said the auction for those properties was adjourned to an unspecified date. The 11 stores in the auction were previously.....

Ocado: 'International deal first of many' | Japan's Aeon Q1 profit jumps

Suppliers pick Woolworths over Coles for the first time

Countdown 'not surprised' by new Auckland supermarket chainSupermarket giant Countdown says it is "not surprised" to see its competitor's move to launch a new Auckland chain. Foodstuffs North Island yesterday opened the first smaller-format Fresh Collective by New World store on the North Shore in ex-Nosh and.....

US: Lidl unveils plans for a $100M GA facility

Lidl faces Kroger lawsuit | Walmart Mexico gets new DC

Ocado's international deal "first of many"Ocado posted a slump in first half profits yesterday, even as sales increased more than 20%, but indicated that the trend of price deflation in the fiercely-competitive U.K. food market may be turning. Ocado said pre-tax profit fell 9.4% to £7.7m ($9.94m) in the 26.....

First Carrefour Market in Ivory Coast | Irish SuperValu keeps top position

Strawberries boost Sainsbury's Q1 sales

Strawberries boost Sainsbury's Q1 salesJ Sainsbury Plc reported a first-quarter sales growth that beat estimates as Brexit-fueled food-price inflation boosted revenues in its core grocery business. Retail sales rose 2.3% on a like-for-like basis excluding fuel in the 16 weeks ended July 1, the London-based.....

Carrefour new snack formula contains sliced fruit | Foodstuffs to launch Auckland format

Aldi to invest €5 billion in stores globally

Retailers commend EU commission decision on Polish taxEuroCommerce, the EU trade group representing retailers, has commended a ruling by the European Commission, which concluded that a Polish tax on the retail sector would be in breach of EU state aid rules. Under the proposed tax, companies operating in the.....

Global cyber attack hit Auchan payment terminals

Lidl US’ price advantage applies less for fresh

Indonesia’s 7-Eleven outlets shut downThe remaining 141 7-Eleven outlets in Indonesia will cease operations tomorrow, said Indonesia PT Modern Internasional, the franchise owner of the 24-hour convenience store. In a recent statement to Bursa Efek, its director, Chandra Wijaya, said the decision was made given.....

Food stamp cuts could cost retailers $70.7bn

Lidl's price advantage applies less for fresh

US: Fresh Market expands into the meal-kit businessThe Greensboro-based specialty grocer’s “Little Big Meal” program launched this week. Fresh Market said in a statement that all of its 176 stores have a display for each kit. The kits, which sell for $25 or less, include pre-packaged fresh ingredients for a.....

Amazon lacks many warehouses to reshape grocery delivery

Tesco cuts 1200 HQ jobs | Spar Thai to open 300 stores

Auchan to rebrand Russian Nasha Raduga hypermarketsFrench retailer Auchan has announced that it is rebranding its Nasha Raduga (Our Rainbow) hypermarkets in Russia to Kashdy Den (Every Day), reports Lebensmittel Zeitung. The retailer says that "the brand is known by the clientele of these stores, and it will.....

"Amazon lacks many warehouses to reshape grocery delivery"

Sobeys sales fall; CEO says "we won't miss out on e-commerce"

US: Meijer's small-format urban store could see wider rolloutIn an interview with MLive, Meijer CEO Rick Keyes indicated the company is already planning to expand its small-format Bridge Street Market store to more cities. “We know we can deliver an outstanding food experience as well as being local to the.....

Kroger CEO says Whole Foods is a 'good fit' for Amazon

Metro stores hit by cyber attack | Ocado tests self-drive vehicle

Kesko introduces new 'Vege' shelves in 200 K-Food storesFinland's Kesko has announced that it has introduced 'vege' shelves in 200 of its K-Food stores, as strong growth in plant-based protein products continue. Kesko reports that the new vege shelves, branded in green, will be located next to the meat section.....

All UK supermarkets in growth | Morrisons teaches kids about fruit

Asda treats suppliers worst of all - Watchdog

Tesco to deliver fruit and veg in one hourTesco is to offer a one-hour grocery delivery service to customers in central London, firing the latest salvo in the cut-throat online supermarket sector. Tesco said on Monday the new service will allow customers to order, through the Tesco Now app, up to 20 items from.....

Walmart's Asda treats suppliers worst off all - Watchdog

Additional distribution center for Lidl US

Korea ranks No. 1 in online grocery shoppingSouth Korea ranked No. 1 in terms of e-commence for grocery shopping, far outpacing other major developed countries. According to Kantar Worldpanel, the percentage of fast-moving consumer goods shopping via online and mobile channels out of all purchases in South.....

AU: Metcash' profit falls | Auchan acquires Ukrainian retailer

Costco debuts in France | Kaufland eyes Queensland

E-commerce opens door for ethnic communities: AlibabaThe Internet has made New Zealand a great place for ethnic minorities to grow a business, according to Chinese mega-company Alibaba. The giant online marketing company will be present at EPIC, the Ethnic People in Commerce conference taking place in Auckland.....

Aldi US invests $40m in PA | Costco opens first store in France

Walmart not considering bid for Whole Foods

Costco opens first store in FranceAmerican retailer Costco has opened its first French store this week in Villebon-sur-Yvette, northern France, reports Le Monde. The new warehouse store features around 3,800 wholesale products, 500 of which are devoted to luxury brands. Customers pay an annual fee to become a.....

Dansk Supermarked to open 60 new Netto outlets

Aldi discloses expansion details Australia

Mercadona starts brand registration process in PortugalSpanish retailer Mercadona has started registering some its trademarks for products and services in Portugal, ahead of the launch that is set for next year, reports Publico. In May and June, the Portuguese Industrial Property Bulletin reported that three.....

Walmart? Amazon may find rival bidders for Whole Foods

Marsh sales OK'd; remaining stores to close

Analyst: Kroger should make a counter offer for Whole FoodsKroger should make a counter offer for Whole Foods, Loop Capital’s Andrew Wolf wrote in a note to investors this week, according to CNBC. The deal is financially feasible, he noted, and would make the Cincinnati-based retailer the largest natural and.....

Agrokor to close stores | Metro invests in Moscow

Grupo IFA turnover up | Indian e-grocer gets green light

Cooperative Fensmark Brugsforening leaves Coop DanmarkFensmark Brugsforening, one of Coop Danmark’s largest cooperative associations, is leaving the Danish retail group, according to Dansk Handelsblad. Instead, the company intends to join Coop’s competitor Dagrofa Group, starting next year. Two of its stores.....

Amazon buying Whole Foods is just a 'drop in the bucket'

'Sprouts ripe for takeover' | Kroger to Lidl: Bring it on

China: Alibaba to sell Driscoll strawberriesAlibaba Group announced a strategic cooperation with Driscoll's to bring U.S. food products to China. Through this effort, Chinese consumers will be able to purchase fresh strawberries as well as high quality seafood directly on Alibaba's Tmall platform......

Belgium: Colruyt Group posts 3.4% increase in revenue

Ahold Delhaize named interesting acquisition target US

German grocery market expected to grow 10.5% by 2021: IGDGermany’s grocery market is forecast to be worth €259 billion by 2021, a growth rate of 10.5%, according to new figures from IGD, the international grocery research organisation. The research group reported that all of Germany’s major grocery channels.....

Fresh Market's CEO resigns | Ahold Delhaize named acquisition target in US

Whole Foods CEO suggests another brand under Amazon

Chinese JD.com to grow own vegetablesChinese e-commerce heavyweight Jingdong Group and Japan's Mitsubishi Chemical Holdings have joined forces to raise vegetables in high-tech hothouses for fresh deliveries to consumers in China. Jingdong, best known for JD.com, will start a vegetable factory in the Tongzhou.....

South African supermarket giants in fine food fight

Ocado soaring on hopes of Amazon tie-up

Spar International appoints new head of international buyingSpar International has announced that it is appointing Wouter Lefevere as its new head of international buying. Lefevere will be based in the company’s head office in Amsterdam. He will be responsible for the buying of products as well as supplier.....

Coles & Woolies rattled after Amazon’s Whole Foods Market deal bombshell

Amazon shakes grocery world by buying major US grocer

Amazon wants to shed Whole Foods' pricey imageAmazon will acquire Whole Foods Market in a $13.7bn deal, marking the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries. The deal sends a shockwave across both the online and brick-and-mortar industries, uniting two brands that.....

Report: Aldi and Lidl to earn combined $50B to $65B over next 5 years

Amazon wants to shed Whole Foods' pricey image

Report: Aldi and Lidl to earn combined $50B to $65B over next 5 yearsAldi and Lidl are expected to earn between $50bn and $65bn over the next five years, according to Brick Meets Click. In a webinar report, the consulting firm outlined several unique challenges the hard discounters pose to U.S. supermarkets......