Ingles Markets reported a boost in the fourth fiscal quarter from hurricane-related sales. It had sales gains of 3.6% for the fourth quarter and 1.5% for the full fiscal year, which ended Sept. 30, according to supermarketnews.com Lidl US focusing on smaller formats
While Lidl US continues to grow, it is focusing on developing smaller formats going forward. To open stores more closely aligned with its European model, Lidl has decided to open smaller stores, according to igd.China: Tencent buys interest in Yonghui Superstores
Tencent Holdings have purchased a stake in Yonghui Superstores, one of China’s largest supermarket chains. This puts Tencent on the same level with Chinese online retailer JD.com, which is already an investor in Yonghui. Please click here to read the rest of the article at scmp.com
Sensational vegetarian option for Danish supermarkets
Dansk Supermarked will offer customers a vegetarian alternative to minced meat in all 600 supermarkets (including Netto, Bilka and Føtex) starting January 2. Rune-Christoffer Dragsdahl, the secretary general of the Danish Vegetarian Association said: “This is the first product in the world that combines high accessibility with a price that is comparable to conventional minced meat. That is very unique”.Please click here to read more at cphpost.dk
Germany: Lidl offers new tiny vegetable range for kids
Lidl now has an innovative way to get children eat their vegetables: is has launched a brand new vegetable range, with tiny versions of ordinary fruit and vegetables where everything is in the shape of something in the style of Christmas. This will make eating vegetables more fun, according to mirror.co.uk