Lidl brings all European e-commerce to the Netherlands
Lidl will soon be shipping orders for all its European online shops from Roosendaal in the southern Netherlands. The German supermarket chain will move into the very large distribution centre after three years.
Source: retaildetail.eu
Cross-country retail: What local and pan-India supermarkets can pick up from each other
The conclusive session on Day 1 of India Food Forum produced another humdinger that will loiter in the memory of the participants and delegates attending the panel discussion. The theme - Cross-country retail: what local and pan-India supermarkets can pick up from each other - hit a red hot seam of divergent lessons in innovative retailing, which could well act as a trusted guidebook that all supermarkets can hitch to their business bandwagon to power assured growth.
Source: indiaretailing.com
Croatian retailer Studenac takes over peer Toni Marketi
Croatia's biggest retail chain by number of stores, Studenac, said it has taken over its peer retailer Princeza Korina, which has been operating under the Toni Marketi brand, for an undisclosed sum to boosts its position in the Split-Dalmatia county.
Source: seenews.com
French watchdog orders Amazon to pay $3.5mln in penalties
A French watchdog has ordered U.S. e-commerce giant Amazon.com to pay 3.3mln euros ($3.5mln) in penalties for failing to modify contractual provisions related to third-party sellers by the deadline it set, the watchdog said. France's DGCCRF consumer fraud watchdog said in a statement Amazon had been ordered to make the changes, aimed at correcting imbalances in contractual terms between Amazon's online marketplace and third-party sellers, by March 22.
Source: reuters.com
UK: Lidl cuts price of veg to 19p meaning six can eat Christmas Dinner for £16.50With just over two weeks to go until the big day, Lidl has announced it's slashing the prices of its Christmas veg to just 19p, meaning a family of six can enjoy a full Christmas dinner for less than £16.50. The retailer has reduced the price of its British Carrots (1kg), British Parsnips (500g) British Mini Roasts (1.5kg), British Swede and British Brussels Sprouts (500g) to 19p.
Source: cheshire-live.co.uk
India: Walmart, Flipkart in pact with NSIC to help MSMEs
Walmart and Flipkart joined hands with the National Small Industries Corporation (NSIC) to accelerate capacity building for micro, small and medium enterprises (MSMEs) across India, help them unlock export potential and become part of retail supply chains locally and globally.
Source: tribuneindia.com
Food retailer Sligro acquires Metro activities in Belgium
Dutch food retailer Sligro Food Group said it would buy a chunk of German distribution company Metro's activities in Belgium. Sligro, which will take over nine Metro wholesalers across the country and about a hundred employees from the regional network and head office, will pay 47mln euros ($49.31mln) for the outlets.
Source: reuters.com
UK: One Stop celebrates opening its 300th franchise store
One Stop is celebrating another breakthrough milestone with the opening of its 300th franchise which is also the 18th store with the convenience retailer for franchisee and brother duo, Daniel and Craig Wilson. A subsidiary of Tesco, One Stop has invested £4,250,000 into its franchise portfolio in the last three years and boasts employment of thousands of colleagues within these stores alone. Daniel and Craig Wilson’s latest store opening is at 1- 3 Grove Road, Brandon in Durham.
Source: talkingretail.com
JD Logistics partners with Poland’s largest retail chain Biedronka
JD Logistics and Biedronka, the largest retail chain in Poland, announced about jointly forming a partnership in which the Polish grocery giant will leverage JD Logistics’ warehousing and distribution capability in the country to fulfill its online orders and expand its online business.
Source: jdcorporateblog.com
7-Eleven launches world-first 7Café concept store in Singapore
7-Eleven has launched its first 7Café concept store, located within a 7-Eleven store at Singapore's Jewel Changi Airport. Featuring an extended coffee and beverage menu, the 7Café also sells a range of sandwiches, pastries, and Japanese onigiri products, along with beverages including salted caramel coffee, mocha and matcha frappes, cold mango or watermelon lemonade drinks.
Source: topfranchiseasia.com
Indonesia: Minimart chain Alfamart’s expansion binge more than doubles founder’s fortune
Djoko Susanto saw his net worth more than double to $4.1bln as sales soared at Sumber Alfaria Trijaya, operator of the Alfamart convenience store chain, thanks to its expanding network of neighborhood locations. The company added over 1,000 minimarts last year to bring its total store count to over 19,500.
Source: forbes.com
Imports winding down as holiday season nears finish line
With most holiday merchandise already on retailers’ shelves or in their warehouses, December cargo volume at the nation’s major container ports should be significantly below records set earlier this year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Source: nrf.com
US: UNFI posts Q1 sales gains, but profits decline 13.2%
United Natural Foods Inc. said inflation and new wholesale customers helped drive dollar sales gains in the first quarter, even though unit sales declined, and profits were squeezed. Sales were up 7.6% for the period, which ended October 29, compared with the year-ago first quarter. Net income, however, fell 13.2%, to $66mln, as the company’s gross profit rate declined to 14.6% of sales, including a $21mln inventory charge, compared with 14.9% a year ago.
Source: supermarketnews.com
US: Walmart sees automation as the future
Walmart sees investments in automation as one of the key factors driving its profitability in the years ahead, Doug McMillon, president and CEO of the Bentonville, Arkansas-based retailer, said at an investor presentation. Speaking at the 2022 Morgan Stanley Global Consumer & Retail Conference, McMillon said that robotic warehouses, in which goods are moved by unmanned wheeled carts, will not only reduce the need for workers in the warehouses themselves, but also in the stores where the goods are received.
Source: supermarketnews.com
US: Flashfood partners with Yellow Banana’s Save A Lot stores
Flashfood is partnering with grocery store operator Yellow Banana to offer its food waste app services at all Yellow Banana Save A Lot locations, according to an announcement. This partnership extends the digital marketplace, which is centered around food waste prevention, to five cities, two of which are new regions for Flashfood. The deal with Yellow Banana Save A Lot stores follows Flashfood’s ongoing expansion across the U.S.
Source: grocerydive.com