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Bashas’ to be acquired by Raley’s

HelloFresh continues its fight against hunger during Hunger Action Month
In honor of Hunger Action Month, HelloFresh, the world’s leading meal kit company, has continued its commitment to combat hunger and provide fresh food to food insecure communities through various initiatives, including surplus food donations, expansion of its Meals With Meaning free meal-kit program, and an uptick in customer donations.

Source: businesswire.com

Bashas’ to be acquired by Raley’s
Bashas’ Family of Stores has signed a definitive agreement to be acquired by California-based independent regional grocer Raley’s Holding Co. According to the companies, “The agreement brings together 2 leading grocers with rich legacies and shared values: employee achievement, exceptional customer service and a deep commitment to local communities”.

Source: progressivegrocer.com 

US firm wins auction to take over supermarket chain
A US private equity group is poised to take control of the UK's fourth-largest supermarket group. Clayton, Dubilier & Rice (CD&R) has won an auction for the British supermarket Morrisons with a £7bln ($9.5bln) bid. It marks a return to the UK grocery sector for Terry Leahy, the former chief executive of Tesco, who is a senior adviser to CD&R.

Source: bbc.com 

Amazon Conklin distribution center construction work now underway
Development activity for the future Amazon distribution facility at the Broome Corporate Park in the town of Conklin is continuing. Construction crews have been busy at the Carlin Road site over the last several weeks. Amazon is leasing nearly 66,000 square feet at the former Matthew Bender distribution center, which employed more than 100 people at the site before it was closed.

Source: wnbf.com 

Holland: Jumbo Food Group receives Royal title on 100th anniversary
Dutch retailer Jumbo has announced that King Willem-Alexander has granted Jumbo family business the right to use the 'Royal' designation. As a result, the holding will now be known as Royal Jumbo Food Group.

Source: esmmagazine.com 

SPAR UK partner James Hall & Co. opens its 150th company owned SPAR store
SPAR UK partner James Hall & Co. Ltd has opened its 150th company-owned SPAR store, bringing an exciting new convenience shopping experience to the residents of Wakefield. Located in Wentworth Street, the impressive-looking new SPAR store has transformed the site of a derelict former garage forecourt. In the process, the SPAR operator has created 24 jobs in the area.

Source: spar-international.com 

Philippines: SM Markets boosts online presence of supermarket business
SM Markets said it further broadened the online presence of its supermarkets in order to reach consumers during the COVID-19 pandemic. SM Markets Online is currently available in 70 branches in Metro Manila, Cebu, and Davao, as well as other key cities in Luzon and Visayas, the company said in a statement. The group said it aims to cover 100 locations by the end of the year.

Source: news.abs-cbn.com 

India: More time to seal Future, Reliance deal
Debt-laden Future Group received a breather to sew up its asset sale to Reliance Retail Ventures Ltd, with the Mukesh Ambani-led company extending the deal’s deadline by 6 more months. “Reliance Retail Ventures Ltd (RRVL) has, in exercise of the right provided thereunder, extended the timeline for long stop date from 30 September 2021 to 31 March 2022, which has been duly acknowledged by Reliance Retail and Fashion Lifestyle Ltd, a wholly owned subsidiary of RRVL", Future Enterprises Ltd said in a statement to the BSE.

Source: livemint.com 

Denmark: Circle K posts stronger than expected results in full year
Circle K Denmark has reported stronger than expected results in its full financial year ended 30 April 2021, with a turnover of DKK9.3bln (€1.25bln). The company's earnings after tax amounted to DKK461mln (€62mln) during this period. The company attributed it to growth in Circle K's stores and good business development.

Source: esmmagazine.com 

Eroski launches solidarity campaign for La Palma volcano victims
Spanish retailer Eroski has launched a campaign throughout its commercial network to raise funds for the people affected by the eruption of the Cumbre Vieja volcano on La Palma island. As part of the campaign, the retailer will encourage the consumption of Canarian Bananas as a way of supporting the banana sector and the population affected by this natural disaster. It will donate €0.10 for every kilogram of Eroski Natur bananas sold in its stores.

Source: esmmagazine.com 

Holland: Aldi trials first till-less store in Utrecht
The first-ever till-less Aldi in Utrecht will open its doors. In early 2022, the Dutch city will get a new Aldi store, located on the corner of Oudegracht and Lange Viestraat, but it will be a store without tills. The new store has been designated as a pilot location for the entire Aldi Nord group. A unique experience.

Source: retaildetail.eu 

‘Half of online shoppers buy cross-border’
Because of the pandemic, more and more consumers find their way to online stores. It’s encouraged consumers to buy from retailers they’d never ordered from before, which has made cross-border shopping grow exponentially. Can retailers take advantage from this during the holidays? Up to 55% of online shoppers from around the world are open to buying holiday gifts from other countries than their own. This is based on a survey commissioned by Logistyx, which was conducted with 2.035 online shoppers based in the US, UK, Germany and Australia.

Source: ecommercenews.eu


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