US: Aldi store in Brooklyn showcases chain’s value formula
Aldi gave a firsthand look at its low-price formula in a tour of its year-old store on Flatbush Avenue in the New York City borough of Brooklyn. Produce and packaged goods are displayed in the crates and boxes they arrive in, cutting the time needed to stock shelves.
US: Edible Arrangements® sets sights on bringing wow-worthy gifting to The Last Frontier, targeting multi-unit expansion in Alaska for the first time
Edible Arrangements, the largest global franchisor of stores offering fresh fruit snacks, dipped treats and fresh fruit arrangements and the United States' favorite gifting company, is looking to expand its presence in "The Last Frontier" with a goal of breaking into the market and opening four new franchise stores across Alaska by the end of 2023. Most franchise ownership opportunities are available in the greater Anchorage region, but the brand has also identified Juneau and Fairbanks as destinations ready to take on fruitful opportunities.
US: UNFI revs up sales growth in fiscal 2022
United Natural Foods Inc. (UNFI) rebounded with strong 2022 fourth-quarter and fiscal year sales gains after cycling pandemic-driven results a year ago, with adjusted earnings per share in line with Wall Street estimates. Providence, Rhode Island-based UNFI also unveiled a partnership with robotics specialist Symbotic to automate several of its distribution centers over the next few years. For the fourth quarter ended July 30, net sales totaled $7.27bln, rising 8% from $6.74bln in the fiscal 2021 quarter, when the top line dipped 0.5% as UNFI lapped sharp customer demand fueled by COVID-19.
US: Star Concessions teams with Amazon on checkout-free store at DFW International Airport
Star Concessions has announced the opening of Grab & Fly, a checkout-free shopping experience at Dallas Fort Worth International Airport (DFW). Powered by Amazon’s Just Walk Out technology, this lets people grab what they need and leave the store, without having to wait in checkout lines.
Ahold Delhaize proposes to reappoint CEO Frans Muller
Ahold Delhaize announced that its Supervisory Board intends to propose the reappointment of Frans Muller as President and CEO and member of the Management Board at the Annual General Meeting of Shareholders on 12 April 2023.
AEON supermarket chain promotes Vietnamese goods
The Vietnamese Product Exhibition Week opened at AEON shopping mall in Ho Chi Minh City to introduce more Vietnamese goods to AEON supermarket chain. The organising board selected 36 enterprises to exhibit 374 processed foods and agricultural products, including rice, fruits and vegetables, and organic items.
Belgium: Bio-Planet Sint-Denijs-Westrem featuring the new store concept opened
Bio-Planet opened a brand-new store in Sint-Denijs-Westrem. “We are very proud of the brand-new greenhouse for fresh fruit and vegetables”, store manager Peter Geirnaert explains. “The greenhouse is connected to the refrigerated freshmarket with the dairy products, cold cuts and cheese and benefits from the cold flowing from it. Without using extra energy, we reach a temperature of 9 °C and a humidity of 75% in the greenhouse. These are optimum storage conditions, allowing us to counter food waste”. Furthermore, Bio-Planet is using vegetable panels of the Belgian start-up Circular Matters for the store's interior. The strong, 100% recyclable panels are made of fibre and a binding agent from residual flows generated by agriculture and the food industry.
Holland: Just Eat Takeaway shares leap 10% on forecast of underlying profit
Just Eat Takeaway.com NV, Europe's largest online food ordering and delivery company, said it expected to make an underlying profit in the second half of 2022, sooner than previously forecast. The company's shares jumped by 10% to 15.74 euros in Amsterdam shortly after the announcement. Just Eat said in a statement it would have positive earnings before interest, taxes, depreciation and amortisation (EBITDA) for the second half of the year, compared to an equivalent loss of 134mln euros in the same period of 2021.
UK: Nisa announces £5mln investment to cut price of Co-op own-label to retailers
Incoming Nisa boss Peter Batt has announced a £5mln investment in cutting the price of own-brand products to the symbol group’s members amid ongoing retailer concern about the cost of goods. The top 100 most frequently purchased products are all set to fall in price when the reductions take effect from next week (3 and 4 October). Co-op Fairtrade bananas, free-range eggs, ice cubes, carrots, bacon and pasta twists are included in the list.
Italy: Carrefour sees continued revenue growth
Carrefour Italia has reported continued revenue growth since the third quarter of 2021 (+0.8%), confirming the initial success of its new strategy to make the Italian business sustainable. The positive growth trend continued in the fourth quarter of 2021 (+2.5%) and right through the first half of 2022 (+2.7%), with the retailer witnessing an acceleration in the second quarter.
Belgium: Renewed OKay Evergem reopens as a sustainable local supermarket on 30 September
On Friday 30 September, OKay Evergem reopens its doors after undergoing a thorough facelift. "In the renewed freshmart our extensive assortment of fresh fruit and vegetables can stand out completely," says store manager Shirley.
Botswana: Choppies reports 141% growth in full year profit coupled with rise in sales
The restructuring strategies put in place by Botswana retailer Choppies, continue to bare fruit as the company reported a triple digit growth in its full year profit for the period ended June 2022. The retailer registered a 141% growth in profit from BWP60mln (US$4.4mln) attained the previous corresponding period to BWP145mln (US$10.8mln). The stellar bottom-line performance was a reflection of high sales attained during the period, rising by 13.3% to BWP6.042bln (US$451mln), driven by seven new stores coupled with strong volume and price growth in the Rest of Africa.
UK: innocent drinks expands range of smoothies for kids
innocent drinks has announced the launch of Blueberry Whizz, a new addition to its kids super smoothie range. It is made from crushed fruit and veg with added vitamin D, Iron, and no added sugar.
New Zealand: The Warehouse in talks with supermarket chains over grocery range
The Warehouse was in talks with both major supermarket chains Countdown and Foodstuffs about getting access to the same cost prices as they had, as well as the fresh and frozen supply chain and product deliveries. “We're encouraged by the desire of the Government to be able to level the playing field and we've had detailed conversations with both parties, and we're looking forward to them coming back to us,” said chief executive Nick Grayston.
South Korea: GS Retail introduces gold bar vending machine at convenience stores
GS Retail Co. said it will start the trial operation of a gold bar vending machines at five locations including two GS25 convenience stores. The vending machines will sell five different types of gold products by weight ranging from 1.875 grams to 75 grams, as well as commemorative coins.