Top 10 supermarket retail chains in Czechia
Here's an overview of the top ten supermarket retail chains in Czechia, according to their most recently-available full-year turnover. All data is supplied by Retail-Index (www.retail-index.com). 1. Lidl turnover: €2.9bln (2021); 2. REWE turnover: €2.8bln (2021); 3. Kaufland turnover: €2.6bln (2022); 4. Ahold Delhaize turnover: €2.4bln (2021); 5. Tesco turnover: €1.7bln (2022); 6. Makro turnover: €1bln (2021); 7. Globus turnover: €995mln (2022); 8. JIP turnover: €520mln (2021); 9. Coop turnover: €353mln (2021); 10. Norma turnover: €99mln (2021).
Italy: Esselunga opens new supermarket in Albenga
Italian retailer Esselunga has announced the opening of its first supermarket in Albenga in the Cime di Leca Region in Italy. It also has fruit and vegetable stalls with more than 500 selected products and the Esselunga Bio range.
Food prices push UK shop price inflation to new high: BRC
Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data showed. The British Retail Consortium said overall shop price inflation rose to 8.9% from 8.4% in February, the largest increase since the British Retail Consortium's (BRC) records started in 2005. "Fruit and vegetable prices also rose as poor harvests in Europe and North Africa worsened availability, and imports became more expensive due to the weakening pound", BRC Chief Executive Helen Dickinson said.
New Zealand: New cross-dock depot in Hastings
Foodstuffs North Island, the 100% New Zealand-owned and operated cooperative behind PAK’nSAVE, New World and Four Square, has officially opened a new cross-dock and depot facility in Hastings.
Dutch public bought organic products more often last year
Along with greater demand, inflation also played a large part in the rising amount of revenue generated by organic food sales, which grew by 25% last year, according to a study by market research institute GfK. The turnover in organic products during 2022 was about 1.4bln euros. The revenue from other foods also increased, but organic sales grew faster, according to GfK. This is partly because more organic vegetables, fruit and dairy products were offered in the supermarkets.
France: Carrefour hypermarket awarded 'anti-food waste' certification
Carrefour's hypermarket in Montesson has been awarded an 'anti-food waste' certificate by Bureau Veritas following an audit of the store and the group's headquarters. The company claims to be the first retailer in France to obtain the certification.
Produce on demand: Valmiera heads Latvia toward new type of market
A year ago, in March, a new form of direct trade was launched in Valmiera: a REKO market. It is based on previous orders carried out by the buyer on social networks, but the farmer or the home producer distributes the product to customers on a given day and hour. What are the conclusions after the first year of operation? Latvian Radio spoke to the market representatives. “Fresh produce! We're satisfied, we've been coming here all year”.
UK: Issa brothers close to merging Asda and EG petrol forecourts in £12bln deal
Asda’s billionaire owners are racing to complete a massive merger of the supermarket chain and their UK petrol stations as part of their efforts to reduce the debt burden of their forecourts empire. According to The Times, the Issa brothers and TDR Capital, who jointly own both businesses, hope to merge Asda and EG Group‘s UK division by the end of next month.
UK's Ocado Retail keeps profit guidance after quarterly sales rise
British online supermarket Ocado Retail kept its financial guidance for the full year as it reported a 3.4% rise in first- quarter revenue, driven by more customers using its services. The jv said retail revenue in the 13 weeks to February 26 reached 584mln pounds ($719mln), up from 565mln in the same period last year.
UK: Tesco announces £5mln grant programme to boost school funds for extra food and healthy activities
Thousands of school children across the UK will benefit from a new grant programme launching this summer which will provide £5mln in grants to help give them a healthier, more active, stronger start in life. Schools will be able to apply via Groundwork for a grant of up to £1,500 that can go towards activities that focus on providing food to pupils such as fruit for breakfast clubs or snacks to enjoy throughout the day and for equipment for outdoor and indoor activities.
Discounters surge as grocery price inflation hits 17.5% in UK: Kantar
Grocery price inflation in the UK hit 17.5% over the four weeks to 19 March, new data from Kantar has shown, with take-home grocery sales rising by 8.6% over the most recent 12-week period.
Alibaba founder Jack Ma back in China after months abroad in sign Beijing may be warming to tech
Alibaba founder Jack Ma has been spotted in China after spending months abroad in a potential sign that Beijing is warming to technology giants again after a roughly 18-month crackdown on the sector.
Walmart Foundation expands efforts to support smallholder farmers in India, further empowering women
Expanding its commitment to improving farmer livelihoods in India, Walmart Foundation announced a new five-year strategy that aims to reach 1mln smallholder farmers by 2028 with at least 50% women.
GrubMarket expands supply of produce to Ukraine and Romania
GrubMarket announced that it has expanded its supply of fresh produce to Eastern European countries Ukraine and Romania. By expanding the supply of fresh produce to Ukraine, Romania, and other Eastern European countries, GrubMarket has positioned itself to help address challenges like worldwide food shortage crises and geopolitical disruptions to the global food supply chain.
Amazon loses bid to toss consumer antitrust lawsuit
Amazon.com Inc must face consumer claims that its pricing practices artificially drove up the cost of goods sold by other retailers in violation of U.S. antitrust law, a federal judge has ruled.
US: Instacart announces new 'Instacart Marketing Solutions' and expanded loyalty programs for retailers to drive greater affordability for customers
Instacart, the leading grocery technology company in North America, announced new capabilities for retailers designed to create more affordable, personalized experiences for customers and build brand loyalty.
DoorDash to offer SNAP online purchasing for grocery orders
DoorDash plans to offer SNAP online purchasing for grocery delivery in all 50 states, Washington, D.C. and Puerto Rico by 2025, the company announced. The third-party e-commerce provider also said it will grow the availability of produce on its marketplace and promote more healthy products by that same timeframe.