US: Wegmans is the best place to work in food retail
Great Place To Work and Fortune magazine have recognized regional supermarket chain Wegmans Food Markets Inc. as one of the Fortune 100 Best Companies to Work For in 2024. The grocer ranked No. 6, way ahead of the other food retailers on this year's list.
Source: progressivegrocer.com
NRF unveils 2024 Top 50 Global Retailers
The National Retail Federation announced the 2024 Top 50 Global Retailers. Conducted by Kantar, the 2024 list ranks international retailers, based on their operational performance as of the beginning of 2023. Continuing its reign as the world's largest retailer, Walmart maintained its top ranking with a robust online marketplace and a range of new financial resources for shoppers. Amazon remained in second place, followed by Schwarz Group, Aldi, Costco, Ahold Delhaize and Carrefour.
Source: nrf.com
US: Amazon Fresh shutters small Seattle store
Amazon said it is closing one of its Amazon Fresh stores in the Capitol Hill area of Seattle as part of its effort to focus on larger locations for the concept. Meanwhile, a second New Jersey location for the Amazon Fresh banner is reportedly under development in Eatontown.
Source: supermarketnews.com
'Can this pace continue?' analyst wonders after Dollarama reports Q4 profit, sales growth
As Dollarama Inc. reported fourth-quarter profit and sales gains, as well as a dividend hike, one analyst says the biggest question regarding the retailer is if it can sustain its pace of growth. The Montreal-based retailer reported its fourth-quarter earnings, with profit coming in at $323.8mln, up from $261.3mln a year earlier. Graeme Kreindler, an analyst with NewGen Asset Management Limited, said in an interview with BNN Bloomberg that Dollarama has reported strong same-store sales growth for the past two years.
Source: bnnbloomberg.ca
Instacart, NationsBenefits team to offer online grocery
NationsBenefits' supplemental benefit acceptance is supported through Instacart's Health initiative, which uses its platform, partnerships and products to grow access to fresh and nutritious food, make healthy choices simpler, and scale food-as-medicine programs.
Source: progressivegrocer.com
US: Grocery stores report significant progress in reducing food waste, new study finds
A new study from the Pacific Coast Food Waste Commitment shows that grocery retailers made the most significant progress ever reported in the United States on reducing food waste in the retail sector.
Source: pacificcoastcollaborative.org
US: Publix lands again on Fortune's 100 best employers list
Publix has landed on Fortune's 100 Best Companies to Work For list for the 27th year in a row, making it one of only four companies to appear on the list every year since its inception.
Source: supermarketnews.com
US: Blimpie celebrates 60 years and announces bigger and better deluxe subs
Blimpie® (www.Blimpie.com), America's Sub Shop® celebrates 60 years of slicing fresh! The Deluxe Blimpie Best is piled high with extra ham, salami, capicola, prosciutinni, provolone, tomatoes, lettuce, onions, banana peppers, vinegar, oil, oregano and mayo. The Deluxe Turkey & Provolone is piled high with extra turkey, provolone, tomatoes, lettuce, onions, banana peppers, vinegar, oil, oregano & mayo. The limited time offer is available in Blimpie stores nationwide until June 24, 2024.
Source: prnewswire.com
Kenya: For Carrefour, unique partnership puts farm-fresh vegetables on shelves
Carrefour - operated by Majid Al Futtaim in Kenya - is pioneering a significant stride towards transparency and ethical sourcing in Kenyan retail. Partnering with Tigoni Grown Limited, a local agricultural enterprise, Carrefour has brought farm-fresh produce directly to its shelves, catering to the discerning needs of customers across Nairobi and its neighbourhood.
Source: businesstoday.co.ke
MyPrice (Mere) continues Belgian expansion
On 12 April, Russian discounter MyPrice will open its fourth Belgian branch in Antwerp. A fifth store, in Bertrix, is also planned to open this month, while the chain searches for more suitable locations.
Source: retaildetail.eu
SPAR's long-term support for local producers across Gran Canaria
For the 4th consecutive year, SPAR Gran Canaria is partnering with the Agricultural Cooperative Society of San Nicolás (COAGRISAN) for the promotion and production of tomatoes from La Aldea. The agreement sees the exclusive distribution of the tomatoes grown in La Aldea to 195 SPAR stores across the island.
Source: spar-international.com
India's Zepto zooms to $1.2bln in annualized sales in 29 months, Goldman says
Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1bln within 29 months of its inception, Goldman Sachs wrote in a note, citing Zepto management.
Source: techcrunch.com
Ireland: Tesco opens new Blanchardstown store
Tesco Ireland has opened its 171st store at Mountview Blanchardstown in Dublin. The superstore measures just over 6,900 square foot and will offer customers a modern retail experience and a wide selection of quality fresh local and Irish produce.
Source: tescoireland.ie
Unexpected supermarket unveiled as UK's 'favourite' for online shopping
According to a new report, Marks & Spencer is the nation's most prominent online grocery brand, with the retailer said to be 'dominating' the industry. According to research from Salience Search Marketing, M&S is leading the pack when it comes to its following and engagement on social media, as well as the number of brand searches it receives each month.
Source: metro.co.uk
Lidl is investing in Madeira
Lidl has started preparing two pieces of land for its investment in Madeira. Of the 4 plots they wanted, 2 have been rejected, but this isn't going to stop them from bringing the supermarket chain to the island.
Source: madeiraislandnews.com
France: Carrefour-Pepsico dispute sheds light on key role of retailers' ad business
Carrefour and PepsiCo's just resolved three-month price dispute has shed light on a new aspect of such negotiations which is changing the relationship between retailers and suppliers. Pepsico said the two companies had reached an agreement that will see the food and drink conglomerate's products, which include Pepsi, Doritos chips and Quaker oats, return to Carrefour's shelves in France.
Source: reuters.com
Morrisons invests £1.4mln in new Innovation Centre at Greenside site in Bradford
Morrisons Greenside fresh food manufacturing operation has officially opened a brand-new on-site innovation centre as part of a significant investment programme. Costing £1.4mln, the brand-new 'Greenside Innovation Centre', was officially opened with the unveiling of a plaque by the Leader of Bradford Council, Councillor Susan Hinchcliffe and Mayor of West Yorkshire, Tracy Brabin.
Source: morrisons-corporate.com
UK: Farmers' market style app launched
UK consumers can now shop fresh, locally sourced food directly from their phones via a newly launched app. Famooshed, a virtual farmers' market app where people can support their communities by buying local fresh produce, has been launched with the aim of redefining how people can access and enjoy locally sourced products.
Source: wokingham.today