New Zealand: Wonky Box eyes South Island expansion
South Island growers may soon have a new way to sell their wonky or ugly fruit and vegetables rejected by the supermarkets. Two-year-old business Wonky Box plans to expand its fresh produce delivery service from the North Island to a new outpost based out of Christchurch.
Source: rnz.co.nz
France: Carrefour to lease 37 stores to third-party operators
Carrefour France has announced plans to lease 37 of its stores, including 16 hypermarkets, to third-party operators next year, with the retailer remaining the owner of the stores. The news was revealed by the CFDT union following talks with the retailer's management, according to the AFP news agency, as well as a number of other news websites.
Source: esmmagazine.com
UK: Aldi launches price lock to support shoppers this Christmas
Aldi is launching a Christmas price lock as it found that more than one in three Brits are worried about costs over the coming months and are planning to scale back celebrations this year. Items include white potatoes at 15p for 2kg, as well as carrots, parsnips, Brussels sprouts, red cabbage, white cabbage, and swede from 19p.
Source: grocerygazette.co.uk
UK supermarket Asda completes $2.5 bln purchase of EG's business
Asda, Britain's third biggest supermarket group, said it has completed the acquisition of the majority of EG Group's UK & Ireland business for an enterprise value of 2.07bln pounds ($2.52bln). EG Group, a petrol forecourt operator and retailer, and Asda are both owned by brothers Zuber and Mohsin Issa and private equity group TDR Capital.
Source: reuters.com
UK: Supermarket price cuts help, inflation falls to lowest rate in over a year
Shop price inflation has eased for the fifth consecutive month to its lowest rate in 14 months as supermarkets cut the price of homegrown fruit. According to the British Retail Consortium (BRC), price rises dropped to 5.2% in October, down from 6.2% in September. The latest easing in shop inflation was driven by food price growth falling from 9.9% to 8.8%, fuelled by reductions in domestic fruits such as strawberries and grapes.
Source: grocerygazette.co.uk
Carrefour completed the acquisition of Louis Delhaize Group's activities in RomaniaFollowing the approval from the Romanian competition authority, Carrefour announced the closing of the acquisition of Louis Delhaize Group's activities in Romania, including 10 Cora hypermarkets and 9 Cora Urban stores.
Source: carrefour.com
Cortelazzi Food Service to open store in Slovakia
Italy's Cortelazzi Food Service is expanding into Slovakia, with the group set to open its first store in the country this month in Bratislava's Bory district. News of the store's opening was revealed by the local daily Hospodárske Noviny, as well as Relife.
Source: esmmagazine.com
Kaufland focuses on sustainability in Bulgaria
Kaufland Bulgaria has pledged to reduce plastic consumption by 35% by 2027 and is taking a number of steps to achieve this goal, including the introduction of automatic machines for returning plastic bottles and beverage cans. It is also offering reusable bread bags made from 100% recycled plastic, as well as a reusable bag for fruit and vegetables and a shopping bag made from 80% recycled waste film.
Source: esmmagazine.com
UK: Martin Lewis urges everyone to buy a banana to get free £205 from HSBC without switching bank
Money-saving expert Martin Lewis is urging everyone to buy a banana and get £205 for free without switching banks.
Source: examinerlive.co.uk
UK: Nottingham vegan supermarket closes within months due to 'no market'
The Lime Green Organic Vegan shop, which opened in Gedling Street near Sneinton Market in June, has now closed its doors for good. The Organic Vegan shop sold fresh fruit and vegetables and frozen foods, as well as a variety of other foodstuffs and baby and cleaning products.
Source: nottinghampost.com
Many Estonian schools and kindergartens serve vegetarian meals once a week
Many kindergartens and schools in Estonia are serving students exclusively vegetarian meals one day a week, and both the National Institute for Health Development (TAI) and the Ministry of Social Affairs welcome increasing the share of vegetables in school meals.
Source: news.err.ee
Ochama announces the launch of the 2023 Singles' Day Mega Sale with discounts of up to 70% off
Ochama, an innovative omni-channel retailer, is thrilled to announce the launch of its Singles' Day (11.11) Mega Sale starting on November 1.
Source: jdcorporateblog.com
India: Ninjacart’s gross revenue crosses Rs1,600 Cr in FY23
B2B agritech firm Ninjacart's gross revenue surpassed Rs1,600 crore mark in the fiscal year ending March 2023, company co-founder and CMO Kartheeswaran K K told Entrackr. At Rs1,600 crore, Ninjacart's revenue in FY23 was up by nearly 70% from Rs945 crore in FY22.
Source: entrackr.com
Food companies warn of impact of minimum wage increase
Food Drink Ireland (FDI), the Ibec group representing the food and drink sector, has warned that businesses in the sector are facing further increases in input business costs due to the incoming hike in the national minimum wage. The yearly increases are due to higher prices across a range of products such as vegetables, meat, bread and cereals, sugar, jam, honey, chocolate and confectionery, mineral waters, soft drinks, fruit, and vegetable juices, according to the Quarter 3 (Q3) Business Monitor report.
Source: agriland.ie
Brazil's Carrefour sees third-quarter profit dip on slower sales
Carrefour Brasil reported a nearly 60% year-on-year decline in net profit for the third quarter, hit mainly by lower sales in its retail unit, the company said. The Brazilian arm of French retailer Carrefour said that its profit reached 132mln reais ($26.19mln) in the three-month period.
Source: reuters.com
Brazil's GPA expects to raise $100mln from asset sales in the coming quarters
Brazilian retailer GPA expects to raise about 500mln reais ($98.71mln) from asset sales in coming quarters, Chief Financial Officer Rafael Russowsky said in an earnings call with analysts.
Source: reuters.com
US: New Whole Foods Market in Overland Park to open November 15
Whole Foods Market will open a new 45,791-square-foot store at 11900 Metcalf Ave, Overland Park, Kansas, on November 15 at 9 a.m. CST. The store will be a relocation of the existing Overland Park store (6621 W 119th St), which has served the community since 2007.
Source: media.wholefoodsmarket.com
US: Vanguard Renewables announces Massachusetts-based Costa Fruit & Produce joins the Farm Powered Strategic Alliance's Northeast Regional Chapter
Vanguard Renewables®, a leading U.S.-based renewable energy company, is pleased to announce that Costa Fruit & Produce, a purveyor of produce and specialty foods based in Massachusetts, has joined the Northeast Regional Chapter of the Farm Powered Strategic Alliance.
Source: businesswire.com
US: BJ's to debut 1st Alabama store in November
Just in time for the busy holiday season, BJ's Wholesale Club has revealed it will open its first club location in Alabama on November 10. The new club, located at 165 Graphics Drive in Madison, is part of the mixed-use development called Town Madison and just minutes from Toyota Field.
Source: progressivegrocer.com
US: Sprouts Farmers Market, Inc. reports third quarter 2023 results
Sprouts Farmers Market, Inc. reported results for the 13-week third quarter ended October 1, 2023. Third quarter highlights: Net sales totaled $1.7bln, a 7.6% increase from the same period in 2022. Comparable store sales growth of 3.9%.
Source: businesswire.com