UK: Customers in Bewdley check out their new Sainsbury’s Local
Sainsbury’s has arrived in Bewdley, Worcestershire, with the launch of a brand-new convenience store in the town. Fresh bread and pastries will be baked in-store every day, complementing the delicious range of Sainsbury’s food-to-go, fruit and veg, ready meals, savoury snacks and confectionery on offer.
Source: about.sainsburys.co.uk
Ireland: Lidl invests €80mln in largest regional distribution centre
Lidl opened its newly extended Mullingar Regional Distribution Centre following an €80mln investment, creating 100 new permanent jobs. The facility is now one of the largest distribution centres on the island of Ireland and one of the Lidl Group’s largest in the world.
Source: retailnews.ie
France: Casino and Teract expand tie up talks to Intermarché owner
Debt-laden supermarket chain Casino and smaller food retailer Teract said that Groupement Les Mousquetaires, owner of supermarket chain Intermarché, had joined their exclusive tie-up talks. Under the planned deal, Groupement Les Mousquetaires and Casino are considering extending their purchasing alliances by two years until 2028. They are also considering extending their agreements to the new entity to be formed between Casino Group and Teract, which would be controlled by Casino.
Source: reuters.com
Czech investor Kretinsky seeks Casino control with 1.1bln euros capital hike
Czech billionaire Daniel Kretinsky is offering to take control of debt-laden Casino through a 1.1bln euros capital increase, in a rival proposal to a planned tie-up between Casino and French retailer Teract.
Source: reuters.com
New stores boost sales in Despar Italia in FY 2022
SPAR concessionaire Despar Italia closed 2022 with €4.14bln in sales (up 3.4% on 2021), of which 65% was generated by directly-owned stores and 35% by affiliated (+10.5%). In terms of store banners, 38% of revenue was generated by EUROSPAR, medium-sized supermarkets ranging between 800-2,000 square metres; 35% by Despar, neighbourhood supermarkets of up to 800 square metres; and 27% by INTERSPAR, large supermarkets spanning more than 2,000 square metres.
Source: esmmagazine.com
Top 10 supermarket retail chains in Slovakia
Here's an overview of the top ten supermarket retail chains in Slovakia, according to their most recently-available full-year turnover. All data is supplied by Retail-Index (www.retail-index.com). 1. Tesco turnover: €1.39bln (2021); 2. COOP Jednota turnover: €1.62bln (2021); 3. Lidl turnover: €1.51bln (2021); 4. Kaufland turnover: €1.29bln (2021); 5. Billa turnover: €714mln (2021); 6. Metro C&C turnover: €417mln (2021); 7. Labas turnover: €306mln (2021); 8. Terno turnover: €189mln (2021); 9. Nitrazdroj turnover: €55mln (2021); 10. Róbert Gašparík turnover: €16mln (2021).
Source: esmmagazine.com
TiNDLE plant-based chicken launches permanently into one UK supermarket chain following successful trial
Plant-based chicken brand TiNDLE started rolling out to more than 350 Morrisons stores across the UK. Made from only nine ingredients, vegan chicken brand TiNDLE is the first product by Next Gen Foods, a Singapore-founded food tech company.
Source: veganfoodandliving.com
Hungary: SPAR increases turnover by 15.6% to 915.7bln HUF
SPAR Hungary has doubled its 2021 retail sales growth to 15.6% in 2022 with turnover totalling 915.7bln HUF. Effective initiatives supporting affordable, fast, and convenient food shopping contributed to this strong growth. Since August 2022, only biodegradable bags for fruit and vegetables are offered in all stores nationwide, leading to 450 tonnes less plastic every year.
Source: spar-international.com
SpartanNash CEO: Inflation is the only thing calming
SpartanNash CEO Tony Sarsam was with Bloomberg’s Alix Steel and Dani Burger talking about the state of grocery stores in the U.S. The delivery of fresh produce also has not been normal due to a heavy amount of rain in California during the last couple of quarters. Sarsam said strawberry crop is already behind and more could follow. The entire interview can be seen here.
Source: supermarketnews.com
Canada: Calgary Co-op reports $38mln in profit for 2022
Calgary Co-op reported earnings of $38mln in 2022, up from $30mln in 2021. The retail co-operative released its financial results, annual report and the results of its 2023 director election April 20 at its Annual General Meeting. Total sales amounted to $1.32bln, from $1.23bln in the year prior.
Source: canadiangrocer.com
US: Maverik - Adventure’s First Stop to acquire Kum & Go and Solar Transport from Krause Group
Maverik - Adventure’s First Stop, together with its parent company, FJ Management, announced the acquisition of Kum & Go, a family-owned convenience store chain with over 400 locations across 13 states, from Krause Group. As part of the transaction, Maverik will also acquire Solar Transport, a tank truck carrier and logistic provider owned by the Krause Group. Financial terms were not disclosed.
Source: businesswire.com
Report: Stop & Shop, Hannaford secure top spots in Northeast grocery visits
Massachusetts-based Stop & Shop secured the No. 1 spot in the following three states in the nine-state region: Connecticut (where local shoppers visited the Ahold Delhaize banner 37% of the time); Massachusetts (25%) and Rhode Island (45%), Placer.ai reported in its latest “Northeastern USA Grocery Dive” report.
Source: winsightgrocerybusiness.com
US: Thrive Market uses less selection, larger orders to fight grocery inflation
Thrive Market, an online, subscription-based marketplace for organic groceries, aims to offer healthy groceries for less. Nick Green, Thrive Market co-founder and CEO, told Yahoo Finance offering less selection on its website helps keep prices low. "Instead of going into a grocery store and having 40,000 non-perishable SKUs [stock keeping units], we've got about 5,000 or 6,000, which gives us more purchasing power...despite the inflation, we've been able to be pretty resilient in keeping our prices low, certainly relative to competitors," Green told Yahoo Finance Live.
Source: finance.yahoo.com
Canada: Vancouver's Nada Grocery closing storefront
Vancouver-based package-free grocery store, Nada Grocery, is closing its storefront May 1 due to rent increases and rising costs. “The math simply doesn't add up to continue operating our physical space”, Brianne Miller (one of Canadian Grocer's 2021 Generation Next winners) and the Nada team said in a statement shared to Instagram.
Source: canadiangrocer.com
Amazon defeats consumer antitrust lawsuit over fulfillment centers
Amazon.com Inc defeated a private lawsuit in Seattle federal court that accused the national retailer of a scheme to curb competition for shipping and fulfillment services, causing consumers to pay more for purchases in violation of U.S. antitrust law.
Source: reuters.com