Amazon Fresh UK checkout-free stores cut prices amid cost of living crisis
Amazon Fresh has launched a Price Cut promotion in the UK. Its 19 Just Walk Out technology powered stores have dropped the prices of over 200 products. 6 by Amazon Medium Free Range Eggs are now 88p, 500g of Happy Belly Penne are 40p, 500g of by Amazon Green Seedless Grapes £1.57.
Source: retailtechinnovationhub.com
Belgium: Inflation weighs heavily on Colruyt Group’s margins
A pessimistically inclined Jef Colruyt expects Colruyt Group‘s profits to be “significantly lower” this financial year. A consequence of high inflation, which the retailer cannot fully pass on to customers.
Source: retaildetail.eu
Morrisons' quarterly earnings halved amid UK consumer crunch
British supermarket group Morrisons reported a halving of its third-quarter core earnings as underlying sales fell 3.1% against the backdrop of a cost of living squeeze. The group, which has been owned by U.S. private equity firm Clayton, Dubilier & Rice for almost a year, said core earnings were 177mln pounds ($189mln) in the 13 weeks to July 31, down from 356mln pounds in the same period last year.
Source: reuters.com
Denmark: Salling Group to launch new discount chain
Salling Group is launching a new discount chain BASALT, which it says will be far cheaper than discount stores. The product assortment in the BASALT will encompass a wide range of the basic groceries that do not require refrigeration or freezing. These include pasta, oatmeal, toilet paper, diapers, toothpaste, long-life milk, flour and bread, as well as a basic selection of fruit and vegetables.
Source: esmmagazine.com
Eurospin the cheapest food retailer in Slovenia, study finds
Discounter Eurospin offers the cheapest basket of basic food products in Slovenia, a new pricing study has claimed, while Tuš is the most expensive. The price census, conducted in mid-September by local portal Naša Super Hrana, considered both the prices charged by the six largest retailers in Slovenia, as well as retailers from neighbouring countries, namely Croatia, Austria and Italy. The basket of listed foods includes a kilogram or litre of white wheat flour, white bread, pasta, milk, liquid yogurt, eggs, apples, potatoes, sunflower oil and white sugar, as well as 300 grams of cheese, 250 grams of butter and half a kilogram of beef and pork steaks and chicken fillet.
Source: esmmagazine.com
UK: Aldi's first eco concept store comes to Leamington
The doors of Aldi’s first ever eco concept store opened in Leamington. Team GB star Alexandra Danson and Paralympic GB champion Lauren Rowles were on hand to cut the ribbon as well as hand out complimentary bags of fruit and vegetables to the first 30 customers in the queue.
Source: leamingtonobserver.co.uk
Amazon speeds up holiday shopping with extra Prime Day
Amazon wants to be ahead of the possible consumer crisis and supply problems this autumn. The e-commerce giant is launching Prime Early Access Sale, a second Prime Day in October.
Source: retaildetail.eu
US: KeHE Distributors opens largest distribution center in Dallas, Texas
KeHE Distributors (KeHE), one of the largest natural & organic, specialty, and fresh distributors in North America, will unveil its newest and largest distribution center on October 5th in Dallas Texas. The new center will add a variety of job opportunities and economic growth to the greater Dallas area.
Source: kehe.com
US: Meijer to offer discounts on produce for SNAP customers
As part of its ongoing commitment to enrich lives in the communities it serves, Midwest retailer Meijer will begin offering special discounts on fruits and vegetables for its SNAP customers. The incentives apply at all Meijer supercenters, neighborhood markets and Express locations, and will remain in effect for a year. The first promotional period will run from October 2-31 and provide 10% off fresh fruits and vegetables.
Source: prnewswire.com
CLO-CLO Vegan Foods expands grocery store distribution in the U.S.
CLO-CLO Vegan Foods, a plant-based, allergen-friendly food company that prides itself on high-quality products with exceptional taste, announced it is increasing retail distribution of its frozen plant-based pizzas and vegetable-infused pizza crusts across 82 Cub grocery stores as consumer demand for plant-based foods soars. This is the first time CLO-CLO Vegan Foods will be available in the Midwest with market share in Minnesota and Illinois. CLO-CLO Pizzas will be available at Cub in the frozen pizza section beginning October 8.
Source: prnewswire.com
US: Instacart launches Instacart Health, a sweeping new initiative to deliver the ingredients for healthier living
Instacart, the leading grocery technology company in North America, announced Instacart Health, a sweeping new initiative designed to deliver the ingredients for healthier living. Instacart also announced that it's teaming up with Partnership for a Healthier America (PHA) to bring 10mln servings of fruits and vegetables to families across the US over the next three years via fundraising campaigns, joint programming and technology offerings.
Source: prnewswire.com
Instacart, Shipt plan new payment methods for low-income U.S. shoppers
Grocery delivery services Instacart and Target Corp's Shipt said they will expand their payment methods for low-income U.S. shoppers in line with the White House's efforts to ramp up healthy eating and curtail diet-related diseases.
Source: reuters.com
General Mills backs GrubMarket at more than $2bln valuation
GrubMarket, which offers software and operates an e-commerce platform connecting farmers and other food suppliers with customers, said it’s valued at more than $2bln after raising $120mln in equity from new backers including General Mills Inc.’s venture arm. Squarepoint Capital, Portfolia and Grosvenor Food & AgTech are among new investors, GrubMarket Chief Executive Officer, Mike Xu, said. Existing investors including Tiger Global, Liberty Street Funds, Walleye Capital, Celtic House Asia Partners and Apeira Capital also participated. Xu said GrubMarket is keen to acquire traditional, offline wholesalers and distributors.
Source: bnnbloomberg.ca
Amazon raises hourly pay for warehouse and transportation workersAmazon.com Inc's warehouse and transportation workers will receive an increased average starting pay of more than $19 per hour from $18, the world's largest online retailer said. Amazon said the pay hikes would cost the company nearly $1bln over the next year.
Source: reuters.com
US: Exploring the next generation of plant-based innovation
Attendees strolling the show floor at the Plant Based World Expo in New York City experienced savory cooking aromas and vividly bright signage designed to evoke the vitality young plant-based brands bring to the table. More than 3,700 people attended the event this year, up 20% from attendance at last year’s expo, and 232 companies exhibited everything from ingredients to plant-based snacks, meat and dairy alternatives and desserts, a range that illustrated the continued innovation in the category.
Source: corp.smartbrief.com
US: Cardenas Markets teams up with Amazon for 2-hour same-day grocery delivery
Cardenas Markets is partnering with Amazon to bring 2-hour same-day grocery delivery, serving customers in the California communities of Indio, Pomona, Murrieta, and Pittsburgh, in addition to Las Vegas, Nevada.
Source: abasto.com