Russia: Magnit sees 30% uplift in sales from discount arm
Magnit has said that sales in its 'My Price' discounter portfolio have shown a 30% like-for-like sales uplift, with the Russian retailer planning to increase the number of outlets under the banner to 200 by year-end. This will include 50 new stores, built from the ground up, and will position Magnit as the largest discounter store operator among Russia's federal retailers. Magnit currently operates 76 My Price discounter outlets.
Italy: Conad reports double-digit growth in turnover
Italian supermarket chain Conad closed 2020 with a turnover of €15.9bln, up 12.3% on the previous year. The group outperformed the marketplace (+5% average growth) last year, it said, with Conad having now reported growth for each of the past 15 years. Operating profit rose by 1.73% to €216.44mln.
Lidl opens energy- and CO2-neutral supermarket in the Netherlands
Lidl opened the "most sustainable supermarket of the Netherlands" in the city of Almere. The store is not only energy and CO2 neutral, but was also built with sustainable and circular materials. The sustainable supermarket, which was built in the green district of Almere Oosterwold, minimises the environmental impact by using sustainable and circular materials. A lot of wood was used in the construction and old Lidl polo shirts of branch employees were processed as insulation in the façade and inner walls. 90% of the installations are dismountable and/or reusable and all waste in the store is reused or recycled.
France: Carrefour has implemented Eagle, a new big data platform
Carrefour reported: "Miguel Gonzalez, Carrefour's Global CTO, introduces the Eagle data platform. Carrefour has implemented Eagle, a new big data platform that can consolidate and process large amounts of information in order to better understand our customers and make our marketing campaigns more effective."
UK: M&S promises surprises from a reshaped business
Marks & Spencer is emerging from the Covid-19 crisis as a very different business that will surprise people with its financial performance, chairman Archie Norman said. Norman and chief executive Steve Rowe believe the pandemic has masked progress the 137-year-old retailer has made in its latest attempt at a turnaround after decades of shortcomings.
UK: Discounter B&M sees sales falter due to tough comparatives
B&M European Value Retail has reported a fall in underlying sales in its home UK market in its latest quarter, reflecting a very tough comparison with the same period last year, which corresponded with he start of lockdown measures. The discount retailer said like-for-like revenue at its B&M UK business fell 4.4% in the 13 weeks to June 26, its fiscal first quarter, compared growth of 24.5% in the second half of its 2020-21 year.
Spain: Eroski commits to carbon neutrality by 2050
Spanish retailer Eroski has announced that it aims to achieve net zero greenhouse gas emissions by 2050. It added that it is also the first food distribution chain in Spain to set the goal of carbon neutrality.
U.S. and Canada: Top 50 food and grocery retailers by sales
The SN Top 50 Retailers report is compiled in partnership between Supermarket News and research partner IGD, a leading UK-based analysis and insight organization for the food and consumer goods industry. The table includes the rankings of the Top 50 food and grocery retailers and wholesalers in the U.S. and Canada, including supermarkets, mass merchandisers, dollar stores, convenience stores and drugstores. Sales figures are based on reports from public retail companies and, in cases of privately owned companies, IGD estimates. Click here to see the table and click here for the full analysis of the SN Top 50.
US: Grubhub turns to Yandex for robotic food delivery on campus
Grubhub is turning to Russia’s leading internet company to field a fleet of robots to make sure hungry college students can get munchies quickly regardless of the weather. Yandex NV’s self-driving unit will deploy suitcase-sized robots that have been in use in Russia since last year as part of Grubhub’s campus delivery program, which covers over 250 colleges around the U.S., the Moscow-based company said in a statement.
Canada: Goodfood reports record third-quarter revenue amid growing grocery selection
Goodfood Market Corp. reported a net loss of $2mln despite revenue rising to a record $107.8mln in its third quarter, a 24% increase compared with a year ago at the start of the pandemic. Goodfood CEO Jonathan Ferrari said the results were strong given the same quarter in 2020 had been positively impacted by pandemic demand.
US: Tops expands Flashfood program to 17 new stores, increasing total footprint to 50
Tops Friendly Markets is continuing its commitment to sustainability through the steady expansion of the Flashfood program, which now includes 17 additional stores throughout the Western New York region. With 50 Tops locations now offering greater and easier access to affordably-priced goods, Tops and Flashfood’s partnership also contributes to the fight against food waste, a leading factor of climate change.
US: Online grocery lessons from Covid-19
Covid-19 greatly changed the grocery industry, perhaps more than any retail sector. Years of projected evolution occurred in 3 months as the pandemic altered consumers’ lives. eMarketer now estimates that 12.4% of total U.S. grocery sales in 2021 will be online. Grocery consumers now have, essentially, 3 online shopping requirements: Fresh produce; Substitutions; Flexibility. Fresh produce: Many consumers prefer in-store shopping for the ability to select the freshest produce. Entering a store, shoppers are bombarded with colors and smells that stimulate the senses and unlock the wallet. It’s a key reason to visit a physical grocery store. The online experience is different. Too often customers receive stale, wilted, or unripe fruits and vegetables. A shopper trusts grocers to deliver produce that she would pick herself. Delivering overripe bananas or tired lettuce will not win a repeat sale.