Germany: HelloFresh continues growth, but profit margin under pressure
Although meal-kit delivery company HelloFresh saw its revenue increase substantially again over the past quarter, profitability fell sharply due to large investments and increased costs. In the past 3 months, revenue increased by almost 46% to 1.4bln euros. HelloFresh processed 27.6mln orders, over 41% more compared to the same period last year. The number of active customers grew from 5mln to 6.9mln.
Singapore: Grab and Lazada team up to provide on-demand, same-day delivery for orders
Grab, a leading superapp in Southeast Asia, is teaming up with Lazada, Southeast Asia’s leading e-commerce platform, to enable Lazada sellers to provide same-day delivery services for their consumers in Singapore via GrabExpress. The partnership will also increase earning opportunities for GrabExpress delivery-partners with an expanded pool of merchants.
Asda’s billionaire owners eye European expansion of c-store format
Asda’s billionaire owners the Issa brothers are considering expanding the grocer’s c-store format on petrol forecourts across Europe. Mohsin and Zuber Issa are seeking to open Asda on the Move convenience store format across some of EG Group’s more than 3000 petrol forecourts in continental Europe. The brothers are also planning on opening 200 Asda on the Move convenience stores on EG Group forecourts in the UK by the end of next year, as well as considering new smaller format supermarkets.
Too Good To Go saves 10mln meals in Germany
Food waste prevention app Too Good To Go has reached the milestone of saving 10mln, with Edeka Treugut on Heidelberger Strasse in Berlin the site for the landmark meal, according to a report in Rundschau.de. Its range of partners is growing continuously, from corner shops to Edeka, or Dean & David branches to star restaurants.
UK: Waitrose to take wireless charged e-Vans for a spin in London
Waitrose is to become the 1st supermarket in the UK to trial a new generation of electric vehicles. Following a significant investment, groceries from Waitrose’s St Katharine’s Dock store will be delivered to customers entirely by electric vans equipped with cutting edge wireless charging technology - putting the supermarket at the forefront of green home delivery when the trial commences in the New Year.
China: Sales of Missfresh's in-house fresh food brand soared 250% year-on-year in Q3 2021
Missfresh Limited ("Missfresh" or the "Company"), an innovator and leader in China's neighborhood retail industry, saw sales for its in-house fresh food brand, "Xiang An Xin", jump 250% in the 3rd quarter of 2021, as compared to the same quarter last year. This significant boost in product sales is a result of Missfresh's continued investment in its supply chain, and is also buoyed by the industry trend of in-house branded goods becoming a new growth driver for leading retail players. Launched in 2016, Xiang An Xin - which refers to high-quality products trusted by customers - offers value-for-money and safe fresh food. The range has grown to comprise more than 200 products such as meat, eggs, vegetables, and baked goods.
Switzerland: Lidl launches regional products project
Lidl Switzerland is expanding its range of regional products and has launched the 'Tipico' regionality programme. Lidl Switzerland added that it owes more than 50% of its sales to Swiss products and this percentage is set to rise steadily. In the fresh produce sector, such as fruit, vegetables, fresh meat, bread, dairy products, as much as two-thirds of all products come from Switzerland.
UK: Asda rolls out ‘Quieter Hour’ and trains over 85,000 colleagues to better serve customers with additional needs
Asda has announced it has carried out extra training for over 85,000 colleagues to help better serve disabled customers through the Hidden Disabilities Sunflower Scheme. To coincide with Purple Tuesday, Asda has also announced the rollout of it’s new ‘Quieter Hour’ in stores which will see store noises diminished to aid customers with certain disabilities.
UK: Aldi to open 15 new stores before the end of the year
Aldi is to open 15 new stores across the UK before the end of the year. The supermarket, which currently has more than 930 UK stores, will be opening in new locations from Edinburgh (November 25th) to Orpington (December 2nd) and Poole (December 16th). The new stores form part of Aldi’s commitment to invest more than £1.3bln by 2023, with plans to open 100 new stores over the next 2 years.
UK: Asda secures partnership with RangeMe to potentially provide access to 200,000 suppliers
Asda has joined forces with RangeMe to ensure buying teams have access to thousands of products their customers demand.
US: Buehler’s CEO Dan Shanahan to step down
Buehler’s Fresh Foods Chairman, President and CEO Dan Shanahan plans to retire effective December 31. Wooster, Ohio-based Buehler’s reported the move in announcing Shanahan’s election to the Ohio Grocers Association Hall Of Fame. The grocer said Shanahan disclosed his upcoming retirement when receiving the association’s award on October 29.
US: Save A Lot expands retail partnership with Yellow Banana through sale of corporate stores in Texas and Florida
Save A Lot, one of the largest discount grocery chains in the U.S., announced the sale of 6 company-owned stores in Dallas, Texas, and Jacksonville, Florida, to Yellow Banana, LLC as part of Save A Lot’s ongoing efforts to convert corporate-owned stores to local ownership. Yellow Banana’s acquisition will enable these 6 stores to remain open, providing critical support to both the communities in question and the nearly 100 store associates employed.
US: Nuro announces $600mln in Series D funding
Leading autonomous vehicle company Nuro announced a new round of financing led by Tiger Global Management with participation from Baillie Gifford, Fidelity Management & Research Company, LLC, Gaorong Capital, Google, Kroger, SoftBank Vision Fund 1, funds and accounts advised by T. Rowe Price Associates, Inc., Woven Capital, and other existing investors as part of the company’s Series D funding round.
US: Brookshire Grocery Co. acquires Reasor’s
Brookshire Grocery Co. (BGC) of Tyler, Texas, has acquired Reasor’s 17 stores in Oklahoma. The stores will be the newest banner of stores for BGC, which operates 4 other banners: Brookshire’s, Super 1 Foods, Fresh by Brookshire’s and Spring Market. BGC operates stores in Texas, Louisiana and Arkansas.
US: Harris Teeter announces retirement of President Rod Antolock and promotes Tammy DeBoer to President
Harris Teeter announced President Rod Antolock's retirement after nearly 22 years of service to the organization, commencing February 1, 2022. He will be succeeded by Tammy DeBoer, currently Harris Teeter's senior vice president of merchandising, operations, and marketing.
US: GrubMarket releases WholesaleWare mobile apps to digitally transform the fresh food supply chain
GrubMarket, a prominent technology leader in the food industry, announced the release of its iOS and Android apps for WholesaleWare, its cutting edge software-as-a-service platform built for food industry wholesalers, brokers, and distributors.
7-Eleven brings Mobile Checkout to Canada
Following a successful rollout and expansion to more than 3,000 U.S. stores earlier this year, 7-Eleven has brought its Mobile Checkout service north of the border, offering the service at all of its more than 600 stores.