E.Leclerc the best performer in France in December
Market leader E.Leclerc was the standout performer in the French grocery market in December, seeing a 1.4% increase in value share in the month, Kantar has said - the tenth consecutive month in which the group has seen an increase of 1% or more.
Source: esmmagazine.com
Australia: Coles appoints Jenny Linsten as its Code Arbiter under the Food and Grocery Code
Coles has appointed experienced lawyer Jenny Linsten as its Code Arbiter in accordance with the Food and Grocery Code of Conduct, effective 15 February 2024.
Source: colesgroup.com.au
Holland: Just Eat Takeaway sees 2023 core profit above its guidance
Just Eat Takeaway said it expects to report full-year adjusted core earnings above its previously announced target after a best-ever quarterly performance in Northern Europe, the UK, and Ireland. Europe's biggest meal delivery group sees 2023 adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of around 320mln euros ($347.6mln), compared to the forecast of about 310mln it gave in mid-October.
Source: reuters.com
Real estate firm seeks €200mln from sale of Italian supermarkets and hypermarkets
Real estate operator Immobiliare Grande Distribuzione (Igd) aims to partly refinance close to €1bln of debt with the divestment of €200mln of supermarket and hypermarket assets this year. The group has already issued €400mln in bonds in 2019, due next November, and plans to issue more this year.
Source: esmmagazine.com
UK: Aldi lowers prices on over 40 popular products
Aldi is cutting the price of more than 40 of its most commonly-bought items, including Everyday Essentials Raspberries 125g Old price £1.49 New price £1.39; Nature's Pick Blackberries 150g Old price £1.89 New price £1.59; Nature's Pick Strawberries 227g Old price £2.19 New price £1.99; Nature's Pick Raspberries 150g Old price £1.89 New price £1.79; Everyday Essentials Strawberries 227g Old price £1.89 New price £1.69; Nature's Pick Aubergine Old price £0.90 New price £0.89; Nature's Pick Chopped Iceberg 200g Old price £0.67 New price £0.65; Nature's Pick Beetroot 500g Old price £0.62 New price £0.59; Everyday Essentials Mushrooms 650g Old price £1.89 New price £1.79; Nature's Pick Watermelon Each Old price £2.99 New price £2.79; Nature's Pick Sweet & Crispy salad 190g Old price £1.19 New price £1.15.
Source: aldipresscentre.co.uk
Alibaba will promote French SMEs
French government agency Business France and Alibaba have launched a partnership to promote French SMEs. Through this initiative, online merchants can more easily promote their products on a global scale. This will increase the number of exporting companies in France.
Source: ecommercenews.eu
UK: Morrisons sends £15 message to shoppers who shop in stores on Sunday
Morrisons has added classic British Sunday roasts to its café menu for customers to get their most loved dishes without breaking the bank. Roast Chicken and Beef dinners are now available with all the trimmings for just £7.50 in all Morrisons cafés, and there are kids, veggie, and vegan options available too so that there is something for everyone to enjoy.
Source: birminghammail.co.uk
Grocery shock as Aussie staples doubling in price revealed. Expert's tip on when they will ease
New data from Compare the Market, which tracks the cost of everyday essentials, revealed olive oil, mixed vegetables, potatoes, peppermint tea, and even toilet cleaner had soared in price. A 500g bag of McCain Mixed Vegetables Peas Corn and Carrot increased 53.85% from $2.60 to $4, a 4kg of Australian brush potatoes jumped 52.54% from $5.90 to $9.
Source: au.finance.yahoo.com
UK: Ocado Retail pauses new sites for two to three years
British online supermarket Ocado Retail is operating at about 75% of its capacity and does not expect to open any new robotic warehouses in the UK for two to three years, its boss said.
Source: reuters.com
Interview: "This is the worst possible time for Galeria to look for an investor"
Yet another insolvency procedure at Galeria heralds the final phase of the evolution of mid-segment department store chains in Germany, international retail expert Erik Van Heuven warns.
Source: retaildetail.eu
Switzerland: Migros Group reports 5.9% sales growth in FY 2023
Swiss retail group Migros has reported year-on-year sales growth of 5.9% to CHF31.9bln (€34.1bln) in its 2023 financial year. Retail sales in Switzerland amounted to CHF24.1bln (€25.8bln), up 4.1% compared to the previous financial year. Elsewhere, online sales grew by 10.3% to CHF4.1bln (€4.39bln).
Source: esmmagazine.com
US: Hy-Vee partners with Soda Health to launch new health and wellness benefits program
Hy-Vee, Inc. and Soda Health announced the launch of a new Smart Benefits program that allows recipients to receive personalized health and wellness benefits at all Hy-Vee locations across the retailer's eight-state region. Through the program, recipients can receive personalized benefits on fresh produce, over-the-counter pharmacy items, clinical services, nutritional counseling, and more.
Source: supermarketnews.com
US: Four new produce companies join expanding ReposiTrak Traceability Network to share traceability data with retailers, wholesalers
ReposiTrak announced the addition of four unique produce companies to the ReposiTrak Traceability Network® (RTN). The users include A third-generation farming operation producing conventional, organic, and private label vegetables and ready-to-eat salad kits from the Salinas Valley in California to Yuma, Arizona; A Rio Rico, Arizona-based wholesaler of fruits and vegetables focused on an efficient buying experience for its customers; A grower, shipper, repacker, and supply chain manager of fresh fruits and vegetables with a network of global and local Midwest family farms in operation since 1949; A California-based grower, packer and shipper of more than 15mln cartons of fresh fruit annually, sourced from local and international farms to serve its North America base.
Source: businesswire.com
US: Meijer opens Fairfax Market in Cleveland Innovation District
Meijer opened Fairfax Market in Cleveland, bringing a mix of fresh, local, and convenient food at low prices to customers in Cleveland's Fairfax neighborhood. Fairfax Market is the retailer's fifth neighborhood market and the first outside of Michigan.
Source: prnewswire.com
US: GrubMarket acquires JC Cheyne to expand further on the West Coast
GrubMarket announced that it has completed the acquisition of Oregon and California-based JC Cheyne, a highly regarded fresh produce business that is widely known as the "wholesale house of the finest onions and potatoes in the Bay Area". JC Cheyne currently sells over 70 different items, including almost every color, size, and grade of potatoes and onions, to a diverse group of over 80 retail, food service, and wholesale establishments and mom-and-pop shops across California.
Source: prnewswire.com
US: Sweetgreen makes its Pacific Northwest debut in Seattle
Sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announced its debut in Seattle with its first location opening in The Village at Totem Lake in Kirkland. Washington marks the first state Sweetgreen has entered in the Pacific Northwest, a significant milestone amidst the brand's continued nationwide expansion.
Source: businesswire.com
US: Hannaford acquiring 2 Paradis Shop' n Save Supermarkets stores
Hannaford Supermarkets has revealed plans to acquire the Paradis Shop 'n Save Supermarkets locations in Fort Kent and Madawaska, Maine. The stores are slated to begin operating under the Hannaford banner in spring 2024.
Source: progressivegrocer.com