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Retail


Amazon's acquisition of Whole Foods approved

World’s first drone food delivery service launched

Sonae’s food retail business sees 7% growth in Q2Portuguese food retailer Sonae MC has reported a 7% annual increase in turnover during the second quarter of 2017, growing to €922m.For the first half of the year, turnover amounted to €1.77bn, which represents an increase of 5.1% year-on-year, and reinforces.....

World’s first drone food delivery service launched

Amazon's acquisition of Whole Foods approved

Walmart and Kroger join with suppliers for blockchain initiativeWalmart, Kroger and numerous food suppliers have joined with IBM on a blockchain implementation meant to improve food traceability and to test the budding technology across a widespread rollout, according to Fortune. Dole and Driscoll's have.....

Google and Walmart join forces

Woolworths' groceries boost annual profit

NZ: Countdown 2017 profit fallsWoolworths' Countdown supermarket chain in New Zealand had a 1.4% decline in annual profit despite margins rising, with dairy and fresh produce costing more along with uninsured losses related to the November 2016 earthquake. Earnings before interest and tax fell to $309m in the.....

Target remodels stores to focus on freshness

Google and Walmart join forces

Ahold USA: Giant Food in sustainability driveAhold Delhaize's Giant Food of Landover chain has broadened its partnership with sustainability research organisation HowGood. This follows a pilot at Giant stores in Baltimore-Washington and will be expanded to all Giant stores in the future. (igd.com)Google and.....

German supermarket empties shelves of foreign food

Lidl overtakes Waitrose

South Africa's Shoprite profit meets forecastsSouth Africa-based Shoprite matched estimates with a 12 percent rise in annual profit on Tuesday, as consumers battling recession and job losses turned to its non-frills outlets. South African retailers have struggled to lift earnings as a weak economy and job.....

Walmart expands Uber grocery delivery

Wal-Mart applies for patent for store floating in the air

Wal-Mart applies for patent for store in the airWal-Mart Stores Inc. has opened a new front in its battle with Amazon.com Inc. The world’s largest retailer has applied for a U.S. patent for a floating warehouse that could make deliveries via drones, which would bring products from the aircraft down to.....

ICA's organic and ethically-labelled products sales grow

N. Ireland retailers welcome Brexit position

Thailand’s Central Group to invest $512m in VietnamThailand’s Central Group has revealed plans to invest US$512m in Vietnam over the next five years, to expand its retail operations. The company, which has acquired local businesses and is introducing its own Thai retail banners into the fast-growing market, is.....

Misfits moves to Market 32, Price Chopper

Raley’s wants more Fresh Produce

Walmart says it has gained market share in CanadaWalmart says its Canadian stores gained market share against rivals during its fiscal second quarter. “We further improved our price position against competitors, which contributed to market share gains in key traffic driving categories such as food and.....

Chinese Alibaba’s profit doubles

Walmarts food sales in US highest in five years

Rising inflation leads to sales falls in all UK retail sectors apart from foodBritain’s consumers are taking a more cautious approach to shopping as higher inflation above the level of earnings eats into their spending power. Only higher spending on food in supermarkets kept retail sales growing last month,.....

Chinese Alibaba’s profit doubles

Asda posts best quarterly performance in years

French grocery trends changing as discount market grows: IGDThe French grocery market is changing as increased investment is going into new discount store concepts across the country, according to market research group IGD. The organisation says that France has not traditionally been known as a discount market.....

Trump, in tweet, hits Amazon over taxes & jobs

Full year profit at Coles down 13.5%

Finland: Kesko Group sees 2.7% comparable sales growth in JulyFinland's Kesko Group has reported sales of €856.3mln in July, which represents an increase of 2.7% compared to the same period last year. Sales in the company's grocery trade increased by 1.5% in comparable terms to €423.1mln, with growth in all.....

Trump, in tweet, hits Amazon over taxes, jobs

Target's fresh produce sales improve

Aldi may face 'uphill battle' in US, despite Instacart partnershipWith Aldi set to kick off online deliveries in Atlanta, Dallas and Los Angeles later this month, following its partnership with Instacart, market research provider Euromonitor International has warned that the retailer may face an 'uphill.....

Sheng Siong to test waters in China | China’s fresh e-commerce soaring

Sainsbury’s takeover of Nisa grinds to a halt

India: Grofers increases size of sales basket Online grocery startup Grofers said it has doubled its gross sales in the past four months, with current annualised sales of about $120m or Rs 768 crore, as it revs up its sales in the online retail segment, which is expected to see consolidation......

Amazon’s new two-minute ‘Instant Pickup’ service

Inmar: Future of traditional grocers not promising

Metro CEO: Grocery industry will be pressured by Ontario wage hike The CEO of Metro says the grocery industry is facing “significant pressure” from the Ontario government’s plan to raise the province’s minimum wages next year. Eric R. La Fleche says the Montreal-based company will be exercising “strong.....

Amazon experiments with meals that stay fresh for months

Losses keep increasing for HelloFresh

Number of promotions in UK stores falls by 25%: IRIThe pressure on UK retailers to be more transparent in their pricing has seen the number of promotions fall to their lowest levels in 10 years, according to a new study from IRI. The study shows that there has been a 25% reduction in the number of items on.....

Target to improve speed of delivery

Amazon testing meals that stay fresh for months

Alibaba's Chinese rival JD.com stumbles as losses widenJD.com, China's second-largest e-commerce firm, on Monday said its net loss widened in the second quarter, as marketing costs damped the impact of higher-than-forecast revenue growth. China's main rival to Alibaba Group reported net loss attributable to.....

Sainsbury's pilots 30 minute click and collect service

Aldi to deliver groceries in US

Ocado trials UK’s first driverless delivery vanOcado delivery drivers could potentially become a thing of the past, after the company completed successful trial deliveries using driverless vehicles in London’s Greenwich. The online supermarket hopes the self-driving vans will improve safety and increase the.....

Walmart is quietly growing its online advertising business, analyst says

Aldi enters grocery delivery | Harris Teeter highlights local

Ocado trials UK’s first driverless delivery vanOcado delivery drivers could potentially become a thing of the past, after the company completed successful trial deliveries using driverless vehicles in London’s Greenwich. The online supermarket hopes the self-driving vans will improve safety and increase the.....

Ahold Delhaize: We're eyeing acquisitions in East Coast

Ahold Delhaize merger blocked at Belgium level

China: Sun Art bets on online grocery delivery strategy Sun Art Retail Group Ltd, China's No.2 hypermarket operator, on Thursday said it was betting on a new online delivery strategy to take on e-commerce players as competition hots up in the country's $700-billion grocery market. Sun Art is looking to bridge.....

Ahold Delhaize merger blocked at Belgium level

Ahold Delhaize: We're eyeing acquisitions in East Coast

Ahold Delhaize: We're eyeing acquisitions in East CoastCEO Dick Boer of Ahold Delhaize is not worried about Aldi and Lidl's advances in the United States. "We have been competing for years with Walmart, the biggest discounter in the world," says Boer according to De Financiële Telegraaf. According to Boer,.....

Fruit sales on the rise at 'food-to-go stores'

Morrisons plegdes not to sell 'fake-farm food' brands

UK: Morrisons will not adopt 'fake-farm food' brandsSupermarket group Morrisons has pledged not to sell own-label "fake-farm" food. It defines this as brands that can give a misleading impression that food comes from a British farm, market or farming town which may not even exist. The National Farmers' Union.....

China's Suning partners with Metcash

Appeals court upholds $42M decision against Safeway over pricing

Study: One in four retailers feel paralyzed by AmazonRetailers are eager to combat the force of Amazon, but they lack the strategy, marketing dollars and digital resources to do so. Specifically, 44% of retailers do not know how to respond to the power of Amazon, according to “A New Path for Retail:.....

Ahold Delhaize Q2 profit rises 68% on strong Dutch sales

Major Japanese housewares company to sell fresh produce

Bingo to surpass Konzum in terms of Bosnia store countThe leading Bosnian retailer in revenue terms, Bingo is also poised to become the market leader in terms of store count, later this month. The current leader in terms of retail space, Konzum, will see its store total in Bosnia and Herzegovina drop from the.....

Major Japanese housewares company to sell fruit and veg

Ahold Delhaize Q2 profit rises 68% on strong Dutch sales

Japanese housewares company to sell fruit and vegMuji, the simplicity-loving Japanese housewares company, has redesigned their global flagship store in Tokyo, inspired by the core necessities of survival: food, shelter, clothing. This is the first Muji store in the world to contain a fruit and vegetable.....

Amazon selects Australia’s retail country manager

Sainsbury's to cut 1000 head office jobs

Amazon selects Australia’s retail country managerAfter months of speculation about Amazon and its potential effect on the Australian market, Rocco Braeuniger has been named as the manager of the company’s Australian retail operations. Braeuniger has over a decade of experience at Amazon, having worked at.....

Walmart making checkout lanes obsolete

Sprouts Farmers Market strengthens ties with Amazon

US: Hy-Vee ‘cleaning’ up store brand productsHy-Vee Inc. has announced plans to eliminate more than 200 artificial ingredients or synthetic chemicals across 1,000 Hy-Vee label products by July of 2018. The removals include high-fructose corn syrup, artificial flavors and colors and partially hydrogenated oils......

All major UK supermarkets continue to post growth: Kantar Worldpanel

Lidl Ireland targets €700 million expansion project

All major UK supermarkets continue to post growth: Kantar WorldpanelAll major UK supermarkets posted growth in the 12-week period to 16 July, according to the latest market-share data from Kantar Worldpanel. Of the UK's Big Four supermarkets, Tesco posted the strongest level of growth compared to last year,.....

Loblaw plans steeper discounts amid Canadian food price war

WWF and Walmart team up with producers

Whole Foods' sales slump eases ahead of takeover by AmazonAmazon’s challenge of turning around Whole Foods Market looks like it won’t be quite so difficult. The organic-food grocer, which agreed to be acquired by the e-commerce giant in June, posted quarterly results that exceeded analysts’ estimates. While.....