US: Target announces leadership updates
Target Corporation announced that Brian Cornell has committed to remain as CEO and lead the company for approximately three more years. Additionally, the company announced Arthur Valdez, executive vice president and chief supply chain and logistics officer, will retire from Target. He will be succeeded by Gretchen McCarthy, senior vice president, global inventory management, effective immediately.
US: Instacart doubles down on its technology solutions for independently-owned and locally-operated grocers with acquisition of Rosie
Instacart, the leading grocery technology company in North America, announced it has acquired Rosie, the premier e-commerce platform for local and independent retailers and wholesalers. With this acquisition, Instacart is deepening its commitment to serving local and independent grocers and expanding its Instacart Platform e-commerce offerings.
US: UNFI expands meal options amid high food-at-home demand
American consumers are still eating at home more and dining out less, and United Natural Foods Inc. (UNFI) is fulfilling that demand for quick but high-quality meals. UNFI said that it’s adding two new meal solutions - fresh meal kits from Cook•Able and flash-frozen meals from Cadence Kitchen - to its inventory that will give retailers the opportunity to merchandise quick, restaurant-quality meals while cutting labor costs and the time and effort required to produce similar products on their own.
US: Misfits Market to acquire Imperfect Foods
Misfits Market, the online grocery platform driven by accessibility, affordability, and sustainability, announced the acquisition of online grocer Imperfect Foods. The planned acquisition will unite both brands to deliver a better, more sustainable grocery experience and put the combined business on track to cross $1bln in sales and reach profitability by early 2024.
Puerto Rico: SuperMax grocery store chain names new president
Puerto Rican grocery store chain SuperMax announced the appointment of a new President, Jorge Hernández, effective September 12. Steven Lausell, Chairman of the Board of Supermercados Máximo, which manages SuperMax, said Hernández “has vast experience as a high-level executive in the food retail industry in different formats.”
Trinidad-based supermarket association targets Caricom partners for food security plan
The newly formed, Trinidad-based Caribbean Supermarket Association (CSA) is working towards teaming up with private sector organisations in Caricom - from Belize to Suriname - to discuss ways to reduce the region's food import bill and promote food security. Its the goal of the interim board led by Rajiv Diptee, who is also the president of the Supermarket Association of TT (SATT).
REWE turns to WhatsApp for flyer distribution
Germany's REWE Group is taking the next step in digitising its marketing approach by offering customer flyers and pamphlets via WhatsApp. The move follows on from the retailer's pledge to discontinue the use of printed flyers by summer 2023.
Carrefour Belgium freezes the prices of 100 products for 100 days: another measure to shore up its customers’ purchasing power
To help its customers, Carrefour is freezing the prices on 100 (the number of products can vary depending on store size) everyday products for a period of 100 days. That means that until the end of the year, consumers can be certain of paying the same price for various products that they want. For example: Simpl bananas, €1.19/kg, €0.89/750g. Carrefour is taking action for the food transition and encouraging its customers to eat a healthier diet. Carrefour is launching its five pieces of fruit and vegetables for under €1 initiative so that people can eat fruit and vegetables that are essential for their health: a concrete measure to bolster its customers' purchasing power, while at the same time getting them to adopt a healthy diet.
UK: Asda opens 50th ‘Asda On the Move’ convenience store
Asda marked the opening of its 50th roadside convenience store in Derby on 7th September. The Asda On The Move store is located on the Pride Park retail estate in Derby and will be the first Asda convenience site in the area. A further four sites will also open this week, in Bangor- North Wales, Leicester, Stoke, and Stourport-on-Severn.
India: Cartz Fresh announces brand expansion plans; partners with leading hypermarts
Cartz Fresh, a budding online portal for cut, chopped, peeled, ready-to cook and ready to eat range of vegetables and fruits, is all set to expand its operations by partnering with renowned hypermarts - Tata’s Star Bazaar and Hiranandani’s Haiko. With a vision to reach out to a larger target audience and upscale its business operations, Cartz Fresh’s upcoming partnership will be growth catalyst for the brand’s long-term growth.
Spain: DIA to invest €130mln in 2022 to help households battle inflation
Spanish retailer DIA has pledged to invest nearly €130mln this year in promotions, available both in its shops and online channels. Through this initiative, the retailer aims to cushion the impact of the current inflationary trend on customers and guarantee their ability to save.
Australia: Aldi launches new Corner Store supermarket in Melbourne CBD
Aldi has launched a new store like no other - complete with an extensive ready-to-go meal section and iconic Special Buys. The German supermarket giant debuted its first Corner Store in North Sydney last year - and now it has taken the concept to Victoria, opening another in the heart of the Melbourne CBD on Swanson St.
India: How Otipy is leveraging nostalgia to power its agri-tech business
Otipy is an agri-tech start-up that connects end consumers to farmers through a community of resellers who handle the last-mile delivery of fresh produce. Launched in 2020, Otipy has expanded its product portfolio, now along with fresh and chemical-free fruits and vegetables, it also includes dairy, bakery and grocery. In a time span of 2 years, Otipy has become the largest online seller of fruits and vegetables in Delhi-NCR. The brand had recently rolled out its new campaign - ‘Chawanni’ - under which they were offering veggies at the least possible price of 25 paise for its customers.
UK: Waitrose launches savings campaign to help shoppers combat rising prices
Waitrose has launched its Great September Savings campaign which looks to help shoppers save on over 4,000 branded and own-label items as the cost-of-living crisis continues. Products such as Heinz Beanz, McVitie’s Digestives, Hellmann’s Mayonnaise and John West Tuna Chunks all fall within the ‘save 1/3’ category alongside Waitrose own-brand items including apples, tomatoes and cheddar cheese.
Carrefour unveils 30 euro shopping basket in Spain after government price cut proposal
Supermarket chain Carrefour will sell Spanish consumers a basket of 30 basic goods for 30 euros, the company said, days after Spain announced it was considering asking big retailers to offer special price packages to mitigate inflation.
UK: Aldi remains top of supermarket price ranking
Research by consumer group Which? shows Aldi remains the UK’s cheapest supermarket amid the growing cost-of-living crisis. In its monthly price comparison, Which? looked at the cost of a basket of 49 items, including groceries and household essentials. Aldi came in cheapest at £76.24, which was £20.30 less than Morrisons and £12.24 less than Tesco. It edged out key rival Lidl by £1.66.