US: Stew Leonard’s founder dead at 93
Stew Leonard Sr., founder of the Stew Leonard’s grocery store chain has died at the age of 93, according to a notice on the Stew Leonard’s website. A resident of Westport, Connecticut, Leonard passed away on April 26 at New York’s Lenox Hill Hospital following a brief illness.
US: Kroger ready to expand technology reach
Kroger is looking to add scan-as-you-go technology and other upgrades to store locations. The Cincinnati-based grocer is partnering with Extreme Networks, Inc. to deploy Wi-Fi 6E access points. Kroger also will be using Extreme Networks’ cloud management services.
Price the ‘biggest hurdle’ in plant-based category: Study
A cross-national survey from Dalhousie University’s Agri-Food and Analytics Lab of 5,507 respondents found that only 22.3% deem plant-based alternatives affordable. Over the last 12 months, 34% said they had consumed a plant-based meat alternative. Thirty-one per cent had consumed a plant-based meat alternative at least one a week, while 19.8% said “a few times a month.”
Amazon beats expectations in first quarter earnings as shares jump 11%
Amazon shares jumped more than 11%, as income from its cloud computing and advertising units beat estimates for the first quarter of the year. The e-commerce behemoth, which is in the midst of aggressively cutting costs including laying-off 27,000 workers, said revenue for the quarter was $127.4bln, a 9% growth compared to the $116.4bln it reported during the same period last year.
US: Target shoppers can now make a return without leaving the car
Target has started to offer curbside returns at roughly a quarter of its stores. Drive Up, its curbside pickup service, has been a major driver of the company’s online sales. The big-box retailer is sweetening the service, as it tries to hang on to pandemic-fueled gains.
US: Weis Markets announces 2023 growth plan at annual shareholder meeting
Weis Markets, Inc. Chairman, President and Chief Executive Officer Jonathan H. Weis updated shareholders on the company's plans to invest more than $160mln in its growth in 2023.
UK: Asda opens landmark 150th Asda On the Move convenience store
Asda has opened its 150th Asda On the Move store, in partnership with EG Group, marking the latest milestone in its ambitious plans to roll out 200 of the roadside convenience store formats by the end of 2023. The 150th Asda on The Move store is located at Baynards Green Services in Bicester, Oxfordshire and will be the third Asda On the Move in the local area. The store stocks over 1,300 branded and own-label products to provide a more extensive offering of fresh produce and chilled lines than is traditionally found on fuel forecourts.
Discount channel the fastest-growing in France in Q1, says Kantar
The discount channel reported a 0.4 percentage point increase in market share in France in the first quarter of 2023, to hold 11% of the market, new data from Kantar has shown. Led by Aldi, which grew its market share to 3.0% during the quarter (a 0.2 percentage point gain), and Lidl, which now sits on 8% (a 0.1 percentage point gain), the discount channel was the fastest growing during the period.
Japan: Seven & i's Ito-Yokado and York to merge this year
Japanese retail group Seven & i Holdings Co. plans to integrate supermarket units Ito-Yokado Co. and York Co. within 2023 at the earliest. The move is aimed at turning the group's supermarket business in the Tokyo metropolitan area profitable in the next three years by consolidating their goods development and distribution functions to reduce fixed costs.
Carrefour takes over Cora's activities in Romania
Carrefour announces the signature of an agreement with Louis Delhaize Group for the acquisition of its activities in Romania, including 10 Cora hypermarkets and 8 Cora Urban stores, and nearly 2,400 employees. This transaction will consolidate Carrefour's presence in Romania, with hypermarkets located in prime locations, which will be converted to Carrefour formats and brand. The transaction is notably subject to the approval of the relevant competition authorities and is expected to be completed by the end of 2023.
Douyin expands one-hour delivery service to compete with e-commerce giants: report
Douyin, the Chinese version of TikTok, has expanded its one-hour delivery service to more cities, including Wuhan and Tianjin, TechPlanet reported. Previously, this service was available only in trial cities such as Shenzhen, with limited sections for groceries, fruit, and vegetables.
Australian grocer Coles sees Q3 inflation ease, but pressure remains
Australian No. 2 supermarket chain Coles Group Ltd said store price inflation eased in the March quarter as supply chain blockages improved, but flagged a surge of demand as living cost pressures lead to more people eating at home. Coles said supermarket sales jumped 7% in the third quarter to A$8.6bln ($5.7bln), better than analysts forecast, as it passed wholesale costs to shoppers. Total supermarket inflation slowed to 6.2% from 7.7% three months earlier, when flooding elevated fresh produce costs.
Indonesia: GoTo closer to profitability as net loss down 41% y-o-y in 1Q
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, said its net loss fell 41% year on year to 3.9tln rupiah ($265mln) in the first quarter of 2023, driven mainly by higher revenues and reduced incentives and product marketing spend.
Zummo explores some new trends in the supermarket
Zummo has listed some of the new consumer trends that supermarkets must incorporate. To-Go Service: products such as freshly squeezed juices are presented as nutritious, healthy and ecological options that are popular with the public. Other interesting products in the to-go format are packages of freshly cut fruit, such as freshly cut pineapple, watermelon or other fruits.
SPAR Spain partners strengthen distribution and retail services
SPAR Spain partner Grupo Upper in Cartagena recently opened a new refrigerated warehouse, creating employment for 65 new staff members. Further growth of team members is being made by the Tarragona-based partner Fragadis which is attracting additional team members for the coastal region stores for the approaching summer season.
Top 10 supermarket retail chains in Turkey
Here's an overview of the top ten supermarket retail chains in Turkey, according to their most recently-available full-year turnover - note that some of this data is several years old. All data is supplied by Retail-Index (www.retail-index.com) 1. BIM turnover: €5.38bln (2016); 2. Migros turnover: €3.28bln (2018); 3. Metro C&C turnover: €985mln (2020); 4. SOK Market turnover: €1.289bln (2013); 5. A101 turnover: €1.172bln (2013); 6. Carrefour turnover: approx €800mln (2018); 7. Bizim Toptan turnover: €784mln (2014); 8. Yimpas turnover: €498mln (estimated); 9. Kiler turnover: €266mln (2013); 10. Adese/Adesem turnover: €208mln (2013).