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Retail


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......

Germany: Wholesale prices for fruit and vegetables 5,7% lower than last year

The prices at the wholesale markets were 3.1% higher in May of this year compared to last. According to the Federal Statistics Office (Destatis), the difference between April and March was +4.7% each. The goods sold in wholesale were 0.7% cheaper in May 2017 compared to April 2017.In May 2017, the biggest.....

Finns prefer higher quality grocery food over price

Tesco UK sales strong in Q1 thanks to fresh produce

Outgoing Carrefour boss confident on retailer's futureCarrefour boss Georges Plassat ended his five-year tenure on an optimistic note on Thursday, telling shareholders his turnaround strategy had put the world's second-largest retailer on a growth path and that his successor would do well. "Alexandre Bompard.....

Take a first look at Lidl's new US stores

Kroger cuts profit outlook

US: Kroger cuts profit outlookKroger reported Thursday morning that it recorded $36.3bn in first quarter revenue, a 4.9% increase that managed to come in above the $35.5bn Wall Street consensus. Net income for the quarter came in at $303m, down sharply from the $696m recorded during the same time in 2016......

Online pioneer BILLA opens Austria's first Food Fulfillment Center (FFC)

BILLA has strengthened its role as a frontrunner in the online field: "With the opening of the first Austrian Food Fulfillment Center - which, with manual individual commissioning, supervises only online orders - we will begin a new chapter in the history of Austrian food services and our company," said BILLA.....

Chinese company interested in Italian supermarket chain

Chinese pay 1000% mark-up for Woolies products

Lidl becomes Croatia’s second-largest supermarket chainLidl Croatia has become the second-largest grocery retailer in the country, based on 2016 sales results, according to the latest data from the Financial Agency (FINA). Nine of the ten leading grocery retailers in Croatia ended 2016 with increased revenue.....

Wegmans partners with Instacart | Marsh to begin closing stores

Lidl US opens today, sells mangoes for 39 cents

US: Door to Door Organics names Demko CEODoor to Door Organics, a meal planning and natural and organic grocery delivery service, has named Mike Demko as its new CEO. Demko will succeed interim CEO Stefan Pepe who was recently named chairman for the Louisville, Colo.-based retailer. (supermarketnews.com) US:.....

UK consumers want ‘country of origin’ labels for online groceries

Amazon looks to buy India's largest online grocer

Belgium: Colruyt converting 234 outlets into low-energy storesBelgian retailer Colruyt Group has announced that over a 12-year period it will convert 234 of its outlets into energy-efficiency stores. The group is investing €75 million into the project. (esmmagazine.com)Amazon in talks to buy Indian online.....

Survey: Lidl a threat to area grocers

Kroger to buy stores from Marsh

Amazon in talks to buy Indian online grocer BigBasketAmazon.com Inc. is in preliminary talks to buy the Indian grocery siteBigBasket, as the American company steps up efforts to gain ground in the fast-growing market, according to people familiar with the matter. The discussions are at an early stage and may.....

Supermarkets only want packaged goods

Germany: Hundreds of kilos of miniature cucumbers destroyed

A producer from the Franconian Segnitz is planning on selling ten kilograms of cucumber for ten Euros - as long as supplies last. "The large retail chains like Lidl, Rewe and Aldi only want packaged cucumbers. That's why these miniature cucumbers with premium quality are destroyed," so you can see in the.....

Food price inflation 'likely to return to France by year-end': Barclays

Ocado to raise millions to support growth

India's consumer price inflation falls to record lowIndia’s inflation slowed to the lowest on record as food prices continued to soften, adding to expectations that the central bank will cut rates when it meets for a review in August. Consumer prices declined to 2.18% in May from 5.76% a year earlier, the.....

Marsh auction waiting game continues | H-E-B tops trust ratings list

Walmart adds new signs for local produce

US: Bashas' launches rebranded e-commerce site for Phoenix storesBashas’ has launched its own e-commerce site through provider Instacart, according to an announcement from the online ordering and delivery company. The “white label” site, which plays down Instacart’s branding in favor of the retailer’s, will be.....

Vegetable and fruit snack kits sold by Kroger recalled

EU grocer to open 900 new stores in US

Carrefour confirms Bompard to commence as CEOCarrefour confirmed on Friday it had chosen Alexandre Bompard as its new chairman and CEO following an eight month search at the world's second-largest retailer. Bompard, 44 will quit his role as CEO of consumer electronics retailer Fnac Darty and succeed Georges.....

Aldi UK to invest £22m in chill facilities | Carrefour names new CEO

Aldi announces plans to open 900 new stores in US

Jerónimo Martins plans new distribution centre in PolandPortuguese retail group Jerónimo Martins plans to open its 16th distribution centre for its Polish supermarket chain Biedronka during the third quarter of 2017, reports Dinheiro Vivo. With about 28,000 square metres and located in the western region of.....

Ocado trialing driverless vans | Dansk Supermarket to acquire 80 stores

Indian online grocer restricted fruit and veg delivery

Dansk Supermarked to take over 81 former Kiwi storesDanish retailer Dansk Supermarket is set to acquire the leases of 81 former Kiwi stores from rival Dagrofa, of which approximately half are going to be converted to Netto outlets. According to a statement on Dagrofa's website, Dansk Supermarked plans to.....

Trader Joe's Canadian knockoff closes shop

Village Super Market sales grow | Tops' sales dip

Ocado trialing driverless vans in the UKOnline supermarket Ocado is starting trial deliveries in the UK with driverless vans in conjunction with technology firm Oxbotica, according to CV News by the Society of Motor Manufacturers and Traders (SMMT). The company believes that the self-driving vans may improve.....

Coles ramps up food price cuts | Aldi to add more stores in Western Australia

Ocado lands in Europe

Carrefour's Mideast operator said to be frontrunner in Géant bidMajid Al Futtaim Holding LLC, the Middle East operator of Carrefour SA stores, is the lead bidder for a controlling stake in the Geant Hypermarket chain, according to three people familiar with the matter. MAF, as the Dubai-based conglomerate is.....

All Publix stores get same-day delivery | Hy-Vee's Misfits reach milestone

Aldi adds organic produce in WI | Marsh has 'numerous bidders'

US: Publix gets same-day grocery delivery at all locations Publix and Instacart are launching same-day grocery delivery across all Publix locations. Prompted by customer demand, the newly-expanded service will be fully rolled out by 2020. "The overwhelming response of our customers has proven that Instacart.....

Amazon & Aldi among 'most valuable' global retail brands: BrandZ

Coles' new stragegy: better fruit and vegetables

Coles new stragegy: better fruit and vegetablesBetter fruit and veg and a tighter product range are part of Coles’ new strategy to win the $90 billion grocery war. But the supermarket giant needs one more thing to beat the competition from Aldi and Amazon: lower prices.That’s the message managing director John.....

Australian Aldi the cheapest supermarket, survey finds

Iceland UK's fastest-growing food retailers

India overtakes China as the most promising retail market As retailers struggle in the U.S., a new report suggests India could be the next bright spot for the industry. A.T. Kearney's annual look at emerging retail markets puts the country at the top of the list, ahead of China, which has been a longtime index.....

India overtakes China as the most promising retail market

Dollar General tests fresh produce | Kroger’s Columbus drops prices

Kroger’s Columbus division drops prices on 3,000 productsAs May rolled into June, Kroger’s Columbus division announced “the largest one-year price investment in the company’s history.” A multimillion dollar campaign, the initiative is “designed to provide customers with more for their grocery dollar, including.....

Eroski lowers price on thousands of products

Ocado finally lands US deal | Amazon Fresh expands in UK

US: Meal-kit service Blue Apron files for IPOBlue Apron, a meal-kit-delivery service dedicated to making “incredible home cooking accessible to everyone,” has filed preliminary documents for an IPO. The largest company in the meal-kit-delivery sector, Blue Apron has not been profitable, and it intends to.....

Retailers set record with $50 million in Big Game retail avocado sales

As friends and family gathered around the television to witness one of the greatest comebacks in football history, sports fans and other party goers devoured a record number of avocados. Hass Avocado Board’s new quarterly Holiday and Events report shows impressive retail avocado sales of $50 million during.....

Younger shoppers favour food-to-go market: IGD

Tesco delivering groceries by robot in London

Tesco faces CMA investigation into Booker takeoverUK retailer Tesco is facing an investigation into its proposed acquisition of Booker by the Competition and Markets Authority. The first phase of the investigation runs until 25 July, and will asses 'whether the deal could reduce competition and choice for.....

Supervalu sees opportunity in Marsh bankruptcy

Walmart tests food safety with blockchain traceability

Wal-Mart finds Texas consumers love online grocery shoppingWal-Mart stores in the Dallas-Fort Worth area average between 500 and 600 online grocery orders each week, according to The Dallas Morning News. Some stores regularly process as many as 900 weekly orders. The retailer was the first to offer online.....

Aldi and Lidl sales soar as prices rise | Amazon launches air freight service to China

Asda reduces payment terms | Swiss Spar plans expansion

Coop Switzerland opens first vegetarian supermarketCoop Switzerland has launched its first Karma supermarket - a store dedicated entirely to vegetarian and vegan products. The new format, which has opened in Zug, will offer fresh produce, basic food items, vegan and vegetarian cosmetics, freshly prepared.....

Pirate Joe's prepares for Trader Joe's court battle

'Albertsons takeover of Whole Foods & Sprouts likely to fail'

Amazon launches direct air freight service to ChinaBeijing: Retail giant Amazon has launched direct cargo flights from the US to Zhengzhou, capital of central China's Henan Province. The planes which were carrying products, including food flew from New York, Chicago and Los Angels to the Chinese transportation.....

Tesco is best performing big supermarket in latest sales figures

Aldi to close 32 stores in Denmark after losses

Aldi to close 32 outlets in Denmark following full year lossesDiscounter Aldi may be expanding rapidly in most European countries, however in Denmark, the retailer has announced that it is to close 32 stores, following a DKK 246m loss in 2016. While the business, which is part of Aldi Nord, posted a loss for.....

Sprouts off the table as potential Albertsons acquisition

Lidl maps its first US stores

IGD, Consumer goods forum reveal 'grocery store of the future' visionIn a new report, international grocery research organisation IGD and The Consumer Goods Forum (CGF) have sought to identify the 10 areas grocery retailers must focus on to ensure physical stores remain relevant for shoppers in 'an.....

New boss of Carrefour 'likely to be Fnac Darty CEO ': reports

Ahold Delhaize to consider main office in the US

Costco Iceland lowers pricesNumerous Icelandic stores and supermarkets seem to be lowering their prices to be able to compete with Costco. Despite opening less than a week ago, Costco, located in Garðabær, a municipality of Reykjavik, has already lowered prices of some of its products. The Managing director of.....

Coles tells suppliers to watch cost rises - The Australian

Sainsbury's explores bid for giant Tesco supplier

Sainsbury's eyes bid for giant Tesco supplierSainsbury's is in the early stages of examining a takeover bid for tobacco distributor Palmer & Harvey, Sky News reported. It cited unspecified sources as saying that while Sainsbury's was exploring a bid there was no certainty it would proceed with an offer. A.....

Canadian grocers use app to promote surplus food about to expire

Inserra to offer local produce at all N.J., N.Y. Shoprite stores

US: Big Lots has big quarterBig Lots provided an upbeat outlook and posted a strong first quarter, beating profit expectations. The chain reported income of $51.5m for the quarter ended April 29, 2017, which easily beat Wall Street expectations. This compares to $38.7m in the year-ago period. Same-store sales.....