Italy: Maiora sees profit up 43% in FY 2021
Italy’s Maiora, also known as Despar Centro Sud, reported 43% profit growth in 2021, to €22mln, while revenue increased 5.3% to over €900mln. In the period 2014-2021, the company's revenue grew at a compound annual rate (CAGR) of 14.2%, EBITDA increased 44% annually, and profits increased 63%.
Carrefour Polska to open its first franchise model hypermarket in September
Carrefour Polska is set to open its first large-format store run by an independent entrepreneur and franchisee of the chain in Belchatow in September of this year. The move follows the success of the format in the supermarket and convenience store categories.
Coles removes single-use plastic fresh produce bags in Australian-first trial
Coles will remove single-use plastic fresh produce bags in ACT supermarkets from next month in a trial which will encourage customers to bring in reusable options for their fruit and veggies. From 31 August until 13 September, ACT customers who spend $5 in store on fruit and veggies will receive a free 3-pack of reusable mesh fresh produce bags - made with 90% recycled materials - in preparation for single-use plastic bags being removed from stores. Single-use plastic fresh produce bags, also known as barrier bags, will be removed from all 12 stores across the ACT from 14 September.
Jeronimo Martins' Polish unit mislead consumers with promotion, says watchdog
Polish supermarket chain Biedronka, a unit of Portugal's Jeronimo Martins, could be fined up to 10% of annual revenue, consumer watchdog UOKiK said, over an advertising campaign the regulator says was potentially misleading.
UK: Asda confirms shoppers nationwide can now access its loyalty programme
Asda has announced it is rolling out access to its loyalty programme, Asda Rewards, to all 633 stores across the UK, as well as online through asda.com for delivery and its Click and Collect service. Shoppers can earn Asda Rewards every time they shop by scanning their app when they check out. By completing in-app missions, such as: Fruit and Veg Bonus - Buy any 10 fruit and veg and get £1.50 into your Cashpot.
UK: Earth & Wheat appoints MD and kicks off recruitment drive
Wonky bread and biscuit subscription service Earth & Wheat has launched a recruitment campaign as it looks to expand its operations over the next year. It comes just after the firm, which was launched 18 months ago by James Eid, appointed Amine Benchaoui as managing director. It added a broken biscuits box to its line-up last November and entered the vegetable market with its ‘wonky veg’ box in May.
HelloFresh counts on US as Europeans drop out
HelloFresh continues to grow, despite a downturn after the pandemic caused a surge in sales. The German company’s growth mainly comes from the United States, which is now good for more than half of its revenue. “The second quarter is always weaker than the first”, CEO Dominik Richter told analysts who point out that HelloFresh has lost 500,000 customers since the beginning of the year. Once the New Year’s resolutions have cooled, people apparently order fewer meal boxes. The rising cost of living and economic uncertainty also play a role this year, especially in Europe. In the US, “only” 220,000 customers turned their backs on HelloFresh.
US: Hy-Vee promotes Jeremy Gosch to retail operations CEO
As part of a leadership transition, Hy-Vee has named Jeremy Gosch as CEO and president of retail operations and vice chairman of the board of directors. Plans call for Gosch, currently president and chief operating officer, overseeing all retail operations, to start in the new role on October 1, Hy-Vee reported.
US: PBH to connect produce industry with retail dietitians, foodservice leaders
After a two-year hiatus, the Produce for Better Health Foundation (PBH) will bring 20-plus retail dietitians and foodservice leaders to its 2022 Retail & Foodservice Immersion Event, held during the Washington, D.C.-based International Fresh Produce Association’s (IFPA) Global Produce & Floral Show, scheduled for October 26-29 in Orlando, Florida.
US: Gerrity's celebrates its 1st Fresh Grocer location
Shoppers at Gerrity’s grocery stores in Pennsylvania will see their markets rebrand to The Fresh Grocer over the next 10 weeks, retailer-owned cooperative Wakefern Food Corp. announced. The first rebranded store debuted Friday, and a ribbon-cutting ceremony was held at the family’s first Fresh Grocer owned and operated by Gerrity’s supermarket, located at 702 S. Main Ave., in Scranton, Pennsylvania.
US: Walmart sees better Q2 results than expected
After issuing an earnings warning nearly three weeks ago, Walmart turned in better-than-expected top- and bottom-line results and beat Wall Street’s forecast in its fiscal 2023 second quarter. For the quarter ended July 29, overall revenue came in at $152.86bln, up 8.4% from $141.05bln a year earlier, driven in part by elevated inflation, Bentonville, Arkansas-based Walmart said. In constant currency, revenue rose 9.1% to $153.86bln. That compared with a revenue uptick of 2.4% (0.6% in constant currency) in the fiscal 2022 quarter. Consolidated net sales climbed 8.2% to $151.38bln.
US: Market Wagon celebrates milestone, thanks East Tennesseans
Market Wagon is celebrating the achievement of an important milestone for the local food community in East Tennessee: $1mln in cumulative sales for the farmers, chefs and artisans in and around Knoxville. But the sales figure represents far more than a number. For many family owned businesses in the region, it’s been the consistent revenue that has allowed them to thrive and, in some cases, not permanently close when the pandemic changed the industry overnight.
US: Wegmans gets ready to welcome guests in Delaware
Wegmans Food Markets is putting the finishing touches on its first location in the state of Delaware. The Wilmington store, situated at the intersection of Lancaster Pike and Barley Mill Road in New Castle County, is expected to open October 26.
US: Publix opens trio of Florida stores
Publix has topped the 1,300-store mark with the opening of three new locations in the Sunshine State. A new 46,811-square-foot store opened on August 4 in the fast-growing community of Crawfordville, south of Tallahassee. On August 11, the grocer unveiled a location in Jacksonville at 2039 Hendricks Ave. at the Shoppes of East San Marco. Publix celebrated the grand reopening of a location in Orlando on August 13, set in the Suncrest Village development at 10115 University Blvd.
US: Workers at a New York state Amazon warehouse seek to unionize
Workers at an Amazon.com Inc. warehouse near Albany, New York, are seeking to unionize, the National Labor Relations Board said in a statement. The warehouse near Albany is one of several Amazon warehouses where workers have filed a petition to unionize within the past year.