Asian grocery boom predicted by IGD | Supervalu completes sale Save-A-Lot

Amazon unleashes plan that will revolutionize supermarkets

Dixy's share of Russian veg increases -
As part of its program of developing active cooperation with local enterprises, DIXY has increased the share of Russian vegetables and fruit in its turnover. Compared to last year, the share of local cucumbers increased by half, reaching 89%, the share of tomatoes was 73%, and the total share of the fresh vegetables category amounted to 65%. The chain presented the program results at the 4th Moscow Region Trade Session dedicated to farm product sales, the company says in a press release.

Canadian grocery bills are set to go up again
The typical Canadian family will spend up to $420 more on groceries and dining out next year, getting little relief from a recent drop in the cost of food, suggests a new report released Monday. A study by researchers at Dalhousie University in Halifax estimates food inflation will increase in 2017, driven by a falling loonie and U.S. president-elect Donald Trump's first year in the White House. Food prices overall are expected to rise between three and 5%, with vegetables to jump by four to 6%. (castanet.net)

Amazon's new plan will revolutionize supermarkets

Amazon.com Inc. said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains. Amazon Go, the online shopping company's new 1,800-square-foot (167-square-meter) store, uses sensors to detect what items shoppers have picked off the shelves and sends a bill to their Amazon accounts if they do not replace them. "It’s a great recognition that their e-commerce model doesn’t work for every product," said analyst Jan Dawson of Jackdaw Research, noting that physical stores would complement AmazonFresh. "If there were hundreds of these stores around the country, it would be a huge threat" to supermarket chains, he said. (Reuters)



Robots to deliver groceries in London

Just Eat announced its partnership with Starship Technologies in July to start testing the self-driving 'delivery bot', a six-wheeled automated trolley which navigates pavement routes using a GPS signal and has nine cameras, to avoid obstacles. The robot is designed for local delivery of goods and groceries within 30 minutes for under £1 per shipment. It can deliver within a 5km radius, carrying up to 10kg and is remotely monitored through a mobile app. On arrival, only the app holder can unlock the cargo. (igd.com)

US: Supervalu completes sale of Save-A-Lot

Supervalu today announced it has finalized the sale of its Save-A-Lot business to an affiliate of Onex Corporation for $1.365bn in cash, subject to customary closing adjustments. In connection with the closing of the sale, Supervalu and Save-A-Lot have entered into a five-year professional services agreement pursuant to which, Supervalu will continue providing certain back office services to Save-A-Lot. (businesswire.com)

FamilyMart Malaysia eyes 1000 stores expansion
Convenience store chain FamilyMart Malaysia is aiming to open up to 1000 stores by 2020. Out of Japan, the group is using a franchise business model in its newest market in partnership with agro-food company QL Resources, with which it has signed a 20-year agreement. As master franchisee, QL plans to have four stores open by year-end. (insideretail.asia)

Tesco set to reassert UK dominance
Two years after an accounting scandal plunged Tesco into the worst crisis in its 97-year history, the British supermarket looks set to reassert its dominance, given the edge by a transformed relationship with suppliers. Monthly industry data shows Tesco is once again pulling ahead of rivals in Britain under a plan led by boss Dave Lewis, where lower prices and improvements in store have led to more goods being sold to more customers. That in turn has allowed Tesco to agree better deals with suppliers, driving more price cuts and further volume growth - and consequently even better deals with suppliers. (Reuters / businessinsider.com)

Tesco and Waitrose follow rivals with banana price rise
Supermarkets have issued the first price rise to bananas in five years, as post-Brexit vote currency fluctuations reek havoc with the cost of fresh produce. Last week, German discounters Lidl and Aldi all increased the cost of a pack of bananas from 68p to 72p - a 6% rise. Now, Tesco and Waitrose are following their rivals with banana price rising from 68p to 72p. (huffingtonpost.co.uk /thegrocer.co.uk)

Asian grocery boom predicted by IGD

The grocery market in Asia is preparing to boom, said retail analyst IGD. Its growth in five years will outstrip North America and Europe combined. By 2021, the Asian grocery market will have increased by $1.1 trillion, at an annual compound growth rate of 6.3%. Comparatively, its competitors, Europe and North America, will have a yearly compound growth rate of 3.5% and 3.6% respectively. IGD's CEO commented: "Asia’s grocery market will continue to prosper with China remaining comfortably in first place and three other Asian countries within the top 10." (esmmagazine.com)

Metro Bulgaria to buy fruit and veg directly from producers
Bulgarian fruit and vegetable producers will be able to sell their products directly to Metro Bulgaria stores from May next year. "Currently, the share of Bulgarian goods at Metro Bulgaria "amounts to between 40% and 50% of the entire range. Fruits and vegetables account for sales worth 20m Lev (about €10.23m) per year," said CEO Attila Yenisey at a press conference last Monday. (capital.bg)

Italian online food & grocery sales see 30% growth
The online food and grocery market in Italy was worth €75m in 2016, representing 30% growth from the previous year (€441m), according to a report by the Observatory B2C eCommerce. (esmmagazine.com)

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