ALDI will begin 2020 with nearly 2,000 stores
From 2008 to 2018, ALDI doubled its size in the U.S. The retailer continues to grow. The planned opening of 20 ALDI stores in November and nine more locations in December has the Batavia, Ill.-based retailer on the cusp of 2,000 stores. The company currently operates 1,963 stores nationwide, putting it on a trajectory to achieve a five-year plan communicated in June 2017 to operate 2,500 stores by the end of 2022.
Source: https://storebrands.com
Modest third-quarter profit growth from Walmart expected
All eyes will be on Walmart early Thursday (Nov. 14) as the retail giant reports third-quarter earnings and highlights expectations for the holiday season and coming year. Walmart watchers expect $3.176 billion in consolidated gross profits, up from $3.171 billion a year ago for the quarter ending Oct. 31.
Source: https://talkbusiness.net
Amazon to open first grocery store in California, US
E-commerce retailer Amazon has announced plans to expand its presence with the opening of a new grocery store in California, US. Amazon spokesperson Pia Arthur said that the store would open next year. The store will open in the Woodland Hills neighbourhood, in Los Angeles. The new store signals Amazon’s growth plans in the US grocery market, which amounts to nearly $800bn.
Source: https://www.retail-insight-network.com
Lidl continues to dot the Triangle with stores -- this time it's Apex
German grocer Lidl is expanding its footprint in the region with a store planned for Apex. The town approved plans for a new store earlier this year, with designs calling for a 29,000-square-foot building situated by the Villages of Apex. The site is on 6 acres by the corner of Apex Peakway and Laura Duncan Road east of downtown.
Source: https://www.bizjournals.com
Second Aldi opening in Willenhall, England creating 28 jobsThe new 1,254 sq m supermarket will open in between South Street and New Street at 8am on December 5. The new shop will be run by store manager Lisa Kilmister and become the second Aldi to open in Willenhall this year after the Coppice Farm Way branch opened in August.
Source:https://www.expressandstar.com
Australia’s first Caltex Woolworths Metro store launches in North Ryde
A brand new chain of stores created by Woolworths and Caltex is set to shake up Australia’s $8.5 billion convenience industry. Earlier today, the country’s first Caltex Woolworths Metro store was officially launched in North Ryde in Sydney’s northwest. The store – which will be open 24 hours a day – is just one of 250 outlets due to be rolled out across the country in the coming years.
Source: https://www.news.com.au/
Carrefour to sell Rue du Commerce marketplace to Shopinvest
French supermarket retailer Carrefour has announced that they are ready to sell Rue du Commerce, the marketplace they acquired three years ago in 2016. They have received a firm offer from Shopinvest for the acquisition of 100% of the share capital of Rue du Commerce.
Source: https://tamebay.com
UK's top four supermarkets are all losing market share to smaller rivals
Tesco, Asda, Sainsbury's and Morrisons supermarkets all saw sales fall over the past year as they lose market share to smaller rivals, according to new figures from research firm Kantar. The biggest players all appear to have lost ground as smaller rivals have caught up, with Ocado recording the fastest gains and Lidl, Aldi, and independent shops also growing fast.
Source: https://news.yahoo.com
Supermarket firm Coles urged to help protect farm workers from 'modern slavery'
Campaigners say modern slavery conditions exist on some farms in Australia with workers enduring wage theft and physical abuse. Supermarket chain Coles must act to protect workers from “modern slavery” practices in its huge fresh food supply chain, according to a resolution being put to shareholders at the company’s annual general meeting on Wednesday.
Source:https://www.theguardian.com