Americans believe grocery store profits are 14 times higher than reality and inflation is twice as high as actual, dunnhumby finds
Americans believe that grocery retailers are earning a 35.2% net profit margin, 14 times higher than grocers’ actual net profit margin average of 2.5%, and that food-at-home inflation is 24.3%, double the annual rate reported by the U.S. Bureau of Labor Statistics according to the latest dunnhumby Consumer Trends Tracker (CTT).
Source: businesswire.com
US: Winn-Dixie and Harveys Supermarket debut curbside pickup
Southeastern Grocers is widening curbside pickup service to nearly 300 Winn-Dixie stores and Harveys Supermarket locations across its footprint. Shoppers in parts of Alabama, Florida, Georgia, Louisiana and Mississippi can order online and get the same prices, savings and promotions as they would in the physical store.
Source: progressivegrocer.com
Accenture ai.RETAIL platform now integrates Google Cloud's technologies for retailers as companies expand strategic partnership
Google Cloud announced new initiatives with Accenture to help retailers modernize their businesses and benefit from cloud technology, including updates to Accenture's widely-adopted ai.RETAIL platform that deeply integrates Google Cloud's leading capabilities in data analytics, AI, and product discovery. The two companies also committed to go-to-market initiatives to provide retailers with the technology and resources needed to transform store operations, expanding on joint customer successes.
Source: prnewswire.com
US: Heinen’s to ditch Instacart, direct shoppers to its own platform
Heinen’s is ending its years-long relationship with same-day delivery company Instacart starting next Wednesday, directing shoppers instead to its own updated mobile app and shopping platform. The Warrensville Heights, Ohio-based grocer, which has 23 stores in Ohio and Illinois, announced the change to its customers via social media and its website.
Source: winsightgrocerybusiness.com
US: Chipotle introduces new California inspired fresh eatery concept, Farmesa
Chipotle Mexican Grill announced it is opening a new restaurant called Farmesa at Third Street Promenade in Santa Monica, California. Farmesa is a fresh, bold concept featuring delicious proteins, greens, grains and vegetables that are inspired by Chipotle's Food with Integrity standards.
Source: prnewswire.com
US: Wegmans now accepting EBT SNAP payments for online, app orders
Wegmans has announced that they are accepting Electronic Benefits Transfer (EBT) and Supplemental Nutrition Assistance Program (SNAP) payments for orders on the company app and website.
Source: spectrumlocalnews.com
Canada: Goodfood teams up with NHL All-Star, Nick Suzuki, to introduce new line of athlete-friendly meal-kits with Nick’s Picks
Goodfood Market Corp. (“Goodfood” or “the Company”) has announced its partnership with Nick Suzuki, captain of the Montreal Canadiens, to launch ‘Nick’s Picks’, a selection of athlete-friendly meal-kits and grocery items inspired by the hockey all-star’s favourite game-day meals.
Source: globenewswire.com
Brazil: Americanas hires Leonardo Coelho Pereira as new CEO
Americanas announced a new change in command. Leonardo Coelho Pereira will take over as the retail giant’s new CEO. Mr. Pereira is an executive with experience in retail and restructuring and a former partner at Alvarez & Marsal. He replaces João Guerra, who will remain in the company as chief human resources officer.
Source: valorinternational.globo.com
Getir to lay off UK staff after Gorillas merger
Last week, Europe’s largest speedy grocery company Getir axed 100 employees in its US headquarters. And now, further layoffs are expected in its UK office, say two senior Getir employees.
Source: sifted.eu
Switzerland: Mario Irminger named new president of Federation of Migros Cooperatives
The board of directors of the Federation of Migros Cooperatives (FMC) has appointed Mario Irminger as the federation's new president. He previously worked at EY for eight years as an auditor, then spent twelve years as chief financial officer at Heineken Switzerland.
Source: esmmagazine.com
UK: Aldi to create more than 6,000 new roles in 2023
Aldi is to create more than 6,000 new roles across the UK this year. The supermarket, which currently has more than 990 stores and employs around 40,000 people, plans to continue to expand throughout 2023. New stores will be coming to towns and cities such as Norwich and Newcastle, with the doors set to open on new stores in Huddersfield and Shrewsbury within the next month.
Source: aldipresscentre.co.uk
Coop 365discount urges Danish government to cut VAT on fruit & vegetables
Danish retailer Coop 365discount has urged the country's Minister for Food, Agriculture and Fisheries, Jacob Jensen, to reduce VAT on fresh fruit and vegetables. The retail chain, which is part of Coop Denmark, wrote a letter to the minister alongside the Danish Cancer Society, the Danish Heart Foundation, and the Danish Diabetes Association.
Source: esmmagazine.com
Aldi named Britain's most popular supermarketAldi has been named the nation’s favourite supermarket, according to the latest polling data from YouGov. Shoppers ranked Britain’s fastest growing supermarket ahead of Lidl, Tesco, Sainsbury’s, Asda and Morrisons in the study.
Source: aldipresscentre.co.uk
Maiora, Ergon team up to develop discount stores in Italy
SPAR concessionaire Maiora has signed a strategic joint venture with retail group Ergon to open a number of discount stores in Italy, which will be both directly-owned and operated by franchisees. The two companies will focus on the development of the Ard Discount banners, which in recent years has grown outside its home market of Sicily. Under the ARDita banner, the group will open stores in Puglia and other regions of Central and South Italy already covered by Maiora.
Source: esmmagazine.com
Australia: Kmart leads Wesfarmers to a significant profit
Wesfarmers, the retail giant, has recorded a great half-year performance, with a net profit of $1.4bln, up 14% from the previous year. Profits increased by 27% as revenue increased by 27% to around $23bln.
Source: internationalsupermarketnews.com