Tesco's UK boss Jason Tarry to step down in March
Britain's largest retailer, Tesco, said its UK Chief Executive Jason Tarry would step down in March next year after more than 33 years at the company, to be replaced by Matthew Barnes.
Source: reuters.com
Portugal: Jeronimo Martins' third-quarter profit soars 28%, margin narrows
Retailer Jeronimo Martins posted a 28% jump in third-quarter net profit, driven by a robust sales increase at its market-leading chain Biedronka in Poland, although its profitability narrowed. The company reported a net profit of 202mln euros ($214mln) between July and September.
Source: reuters.com
Portugal: Supermarket chain Jerónimo Martins aims to open in Slovakia next year
Portuguese supermarket group Jerónimo Martins expects to open its first stores in Slovakia at the end of next year in an expansion of its Polish chain Biedronka, its finance chief said.
Source: esmmagazine.com
Copa Cogeca opposed to packaging restriction for fruit and veg
The representative body for farmers and cooperatives in Europe, Copa Cogeca, has said it will not support single-use packaging restrictions on the fruit and vegetable sector without evidence that it benefits the environment. This comes after the Environment Committee of the European Commission adopted a report by member of the European Parliament Frederique Ries (Renew, BE).
Source: agriland.ie
X5 Group sees third-quarter revenue up by more than a fifth
Retailer X5 Group has reported a 22.9% year-on-year increase in revenue driven by solid like-for-like sales and selling space expansion. Sales in X5's digital business grew by 97.9% year on year, to RUB29.2bln (€300mln), accounting for 3.7% of the group's consolidated third-quarter revenue.
Source: esmmagazine.com
Australia: Southern Forests Food Council to grow region's gourmet potential
The Cook Government is helping create opportunities for farmers and food and beverage businesses in Western Australia's South West region, with $725,000 of funding for the Southern Forests Food Council. The region, which spans Manjimup, Pemberton, Northcliffe, Walpole, Bridgetown, Greenbushes, and Nannup, is renowned for its premium quality fruit and vegetables, truffles, nuts, wine, beef, sheep and dairy farms.
Source: wa.gov.au
UK: Gopuff's 10p fruit and veg deal takes London by storm
Gopuff, a prominent quick-service grocer, has launched an enticing offer on a select assortment of fruits and vegetables, pricing them at just 10p each. The special deal, available until December 4, allows shoppers to bag items like bananas, grapefruits, red peppers, broccoli, and cucumbers. However, each order can only contain a maximum of three of each item.
Source: fpcfreshtalkdaily.co.uk
Australia: Retro dinners are big favorites at Healthy Food Co.
"Through the Healthy Food Co., the City of Playford offers the community easy access to fresh fruits, vegetables, and wholesome family meals," said Mayor Docherty. In-store, you can pick from a free fruit and vegetable stand, which rotates its offerings based on the availability of fresh produce.
Source: playford.sa.gov.au
UK retailers suffer joint-worst October on record: CBI
British retailers reported their joint-worst October for sales volumes on record, and they expect another difficult time in November as households struggle with the higher cost of living, a Confederation of British Industry survey showed.
Source: reuters.com
Debt-ridden retailer Casino cuts 2023 profit outlook for France
Debt-burdened retailer Casino slashed its 2023 earnings outlook for France, saying investments required to fund price cuts to boost customer traffic and volumes in its supermarkets and hypermarkets would weigh on profits. Casino said in a trading update for France that it now expected full-year EBITDA (earnings before interest, tax, depreciation, and amortisation) after lease payments to be 100mln euros ($105.4mln) instead of the 214mln forecast in July.
Source: reuters.com
How Britain's fallen out of love with red meat (as well as tea, potatoes, bread, and milk!)
Fascinating Government figures show how the humble spud has fallen out of favor, with Brits eating half as much as they did 40 years ago. The average Brit once ate nearly 1.5kg of potatoes every week in the 70s. This has since fallen 62% to only 552g, made up of both fresh potatoes as well as processed products like chips. Overall, potatoes once accounted for about 17% of the average Brit's weekly diet but now account for just 10%.
Source: dailymail.co.uk
Amazon discloses 181mln users in EU in first store transparency report
Amazon has more than 181mln users in the European Union and directly employs more than 150,000 people in the region, the company said in its first store transparency report as required by the EU Digital Services Act (DSA).
Source: reuters.com
Increasing emphasis on fresh produce in UK hospitality industry
According to a study conducted by the British Hospitality Association (BHA), 78% of restaurants, cafes, and hotels in the UK now prioritize fresh produce in their menus, a notable increase from previous years.
Source: fpcfreshtalkdaily.co.uk
Australia: Eating healthily can save a family of four $150 at the checkout a fortnight, research finds
The study is part of a food affordability project at Warrnambool Base Hospital's South West Healthcare: Healthy Communities. Project coordinator Caitlyn Hoggan says the cost of living is overwhelmingly the perceived barrier to a healthy diet for the average Australian family. Ms Hoggan says the guidelines are "nothing groundbreaking" but are just "back to the basics" when it comes to healthy eating. "It's the good old fruit and vegetables; five servings of vegetables, two servings of fruit a day," she says.
Source: abc.net.au
US: RoNetco Supermarkets, Inc. celebrates the grand opening of the new ShopRite of Sussex
ShopRite celebrated the grand opening of its newest state-of-the-art, full-service supermarket, the ShopRite of Sussex, at 1 Wiebel Plaza on Wednesday, October 25.
Source: newsroom.shoprite.com
US: MSDE awards $4mln+ for Fresh Fruit and Vegetable Program
More Maryland students will have access to fresh fruits and vegetables during the school day through a $4.7mln federal grant program. The Maryland State Department of Education (MSDE) is distributing funds to 213 elementary schools statewide from the US Department of Agriculture's Fresh Fruit and Vegetable Program (FFVP), up from 196 participating schools during the 2022-23 academic year.
Source: news.maryland.gov
Chedraui USA's Q3 sales impacted by changing FX rates
Chedraui USA, the parent company of Smart & Final, El Super, and Fiesta Mart, saw same-store sales edge up for its fiscal 2023 third quarter while net sales fell due to changing foreign exchange (FX) rates. Mexican retailer Grupo Comercial Chedraui S.A.B. de C.V, Chedraui USA's parent, said that US retail sales for the quarter ended September 30 dropped 12.5% to 34.19bln Mexican pesos (U.S.$1.88bln) from 39.08bln MXN ($2.15bln) a year earlier.
Source: winsightgrocerybusiness.com
US: CommuniCare+OLE awarded first USDA produce prescription grant in Capitol Region
CommuniCare+OLE (formerly CommuniCare Health Centers) announced that its patients in Yolo County with diabetes are getting locally-grown fruits and vegetables as a key part of their diabetes care as part of a produce prescription grant from the US Department of Agriculture - the first to be awarded in the 6-county Capitol Region. Partnerships with the Davis Farmers Market, the Center for Land-Based Learning's Mobile Farmers Market, and Spork Food Hub enable patients to access an average of $70 worth of produce each month for 6 months.
Source: communicarehc.org