Kroger Co.’s Simple Truth natural and organic store brand has won acceptance from consumers so fast that it’s solving a key mystery for Kroger executives. Kroger CFO Mike Schlotman said at the BMO Capital Markets Farm to Market investor conference in New York last week that Simple Truth has gained a reputation among customers for high quality just four years after its launch. Please, click here to read the article at bizjournals.com. US: Weis acquiring 5 Mars stores
Weis Markets on Tuesday said it has entered into an agreement with Mars Super Markets to purchase five Mars stores in Baltimore County, Md. The stores include two in Dundalk and individual units in Essex, Arbutus and Carney. Once the purchase is complete, Weis Markets, based in Sunbury, Pa., will operate nine stores in Baltimore County, essentially doubling its footprint in the region. (supermarketnews.com)
Amazon plans to expand its Fresh grocery delivery service this year to new markets including Boston and the United Kingdom, according to multiple sources. It has been 18 months since Amazon launched Fresh in a new city, though sources say the company originally planned to launch in the UK last year. It's not clear what has held up that launch, but industry sources speculate that a deal with UK grocer Morrisons may have slowed down its plans. Please, click here to read more.
Consumers have spoken, and when it comes to supermarkets, Publix and H-E-B were ranked highest by consumers in the 2016 Temkin Experience Ratings for supermarkets, an annual ranking of companies based on a 10,000-consumer survey, drugstorenews.com reports. The supermarket 2016 Temkin Experience Ratings are:
Publix (81%);- H-E-B (79%);
- Kroger (78%) and Save-a-Lot (78%);
- Wegmans (77%);
- Aldi (76%);
- Food Lion (75%);
- ShopRite (75%);
- Giant Eagle (75%);
Wawa Food Markets (74%);- Hy-Vee (74%);
- Winn-Dixie (74%);
- Trader Joe's (74%);
- Hannaford (73%);
- Piggly Wiggly (72%);
- Albertsons (69%);
- Stop & Shop (69%);
- Safeway (69%);
- Whole Foods (68%); and
- Vons (63%).
Marks & Spencer Group Plc chief Steve Rowe’s strategy to reboot the retailer’s moribund clothing business got a cool reception from investors, with the stock falling the most in seven years amid concerns the plan will hurt short-term profits and doesn’t address some key decisions. On the food side of the business, M&S plans to ramp up expansion of its successful Simply Food convenience outlets. In addition to the 250 stores the company plans to open by March 2017, M&S will open about 100 outlets in each of the following two financial years. (esmmagazine.com)
Reitangruppen has appointed Nordea ‘to explore the opportunity to sell’ part of its stake in Sweden's Axfood. The bank has been appointed to look into options for the disposal of a 5% stake in Axfood, while Reitangruppen holds a 12.3% stake in total. The retailer has committed not to divest any more shares within 90 days. (esmmagazine.com)
Strike action is set to take place at approximately 70 Tesco Ireland stores today, after what has been described as a 'breakdown in talks' between trade union Mandate and the retailer. The strike action follows discussions between the two parties over changes in the working conditions of around 300 longstanding employees (out of Tesco's 14,500 workforce in Ireland). (esmmagazine.com)
Supermarket giant Coles has dropped the price of bananas in NSW stores to just $1/kg today. Due to oversupply in the market, for one week only bananas at NSW Coles stores will be available at 50c cheaper to encourage consumers to enjoy more fresh produce and support growers. (dailytelegraph.com.au)Tesco launches UK's first cauliflower and mushroom BBQ steaks
Monday 30th May will see the launch of the UK's first ever cauliflower and mushroom BBQ steaks. The launch, by Tesco, comes at a time when demand for vegetarian food is on the rise. In the last year the supermarket has seen sales for chilled vegetarian ready meals soar by nearly 20%.
Local Farmer Award partners, the Harold Grinspoon Charitable Foundation and Big Y awarded 47 local farmers from the Berkshires to the Pioneer Valley $2,500 each to make physical infrastructure improvements to their farms. (masslive.com)