Walmart tests ways to ditch single-use plastics, as climate advocates urge the retailer to go faster
Walmart is testing reusable tote bags as part of its direct-to-fridge delivery service, InHome, which is expanding across the country. The pilot project is part of a broader effort by the retail giant to deliver on a pledge to move toward reusable, recyclable or industrially compostable packaging and reach zero waste in its own operations in the U.S. and Canada by 2025.
Source: cnbc.com
Study: Instacart fueling online grocery market
Supermarket chains like Kroger, Publix and Aldi lifted their online sales last year through Instacart, which remains the main growth driver in the e-grocery delivery market, according to retail and consumer goods analytics firm 1010data. In 2021, conventional grocers all raised their sales share as sellers via Instacart’s platform, including gains of 2% for Aldi and 1% apiece for Kroger and Publix, New York-based 1010data said in its “Online Grocery Mini-Report”. Warehouse club chains Costco Wholesale and BJ’s Wholesale Club, however, lost share on Instacart’s platform, 1010data noted.
Source: supermarketnews.com
US supermarket Evergreen tests out A2Z Cust2Mate smart carts
A2Z Smart Technologies Corp. is deploying its Cust2Mate smart carts as part of a pilot with Evergreen, a US-based supermarket chain with locations in New York and New Jersey. The pilot has begun at Evergreen's Monsey, New York location.
Source: retailtechinnovationhub.com
US: Grubhub launches Grubhub Goods brand nationwide
Grubhub, a leading U.S. food-ordering and delivery marketplace, announced national availability of its branded convenience concept, Grubhub Goods. Grubhub now offers on-demand convenience delivery to diners from more than 3,000 Grubhub Goods locations across the country. This nationwide expansion is in collaboration with 7-Eleven and follows a successful pilot in New York of more than a dozen Grubhub Goods locations offered with 7-Eleven in Manhattan.
Source: prnewswire.com
Sachem Head seeks control of US Foods board, nominates 7 directors
Investment firm Sachem Head Capital Management is trying to take control of US Foods Holding Corp's board and has nominated 7 directors, arguing that the food distributor's performance has been lagging its peers. Sachem Head, which owns 8.7% of the company, called the nominations "the last option available" to protect stockholder interests after US Foods failed to make operational improvements and lift margins. In response, US Foods said it profitably grew market share and expanded core earnings margins in the 4 years leading up to the pandemic and has since invested roughly $60mln to hire more people.
Source: reuters.com
Brazil: Carrefour reports a 13.5% drop in Q4 adjusted net income
Carrefour Brasil reported that 4th-quarter net income fell from a year earlier but beat estimates, helped by sales increases. The local unit of French retailer Carrefour SA posted an adjusted net income of 766mln reais ($148.48mln), down 13.5% from a year earlier but above a Refinitiv Eikon analysts' estimate of 738.2mln reais.
Source: reuters.com
Online grocer Rohlik expands in Germany, targets 1.2bln euro sales in 2024
Online grocery delivery business Rohlik Group said it has expanded its German business to the Rhine-Main region including Frankfurt and plans to add Hamburg, Cologne and other cities within 2 years to become the German market leader. "Aiming for a turnover of 1.2bln euros in 2024, (Rohlik's German brand) Knuspr.de is aiming to be number 1 in the growing e-grocery market in Germany with 30% market share", the company said in a statement.
Source: reuters.com
Ahold Delhaize sees Europe Q4 sales dip, notes 'continued market share gains'
Dutch retailer Ahold Delhaize has reported a 1.5% decrease in sales its European operations in the 4th quarter of its financial year (-1.9% at constant exchange rates), with its Albert Heijn banner a 'particular standout' in the quarter, the company said. If the 53rd week in 2020 is excluded, Q4 net sales rose 3.0% at constant exchange rates, Ahold Delhaize said. For the full year, group net sales of €75.6bln were up 3.3% on 2020 at constant exchange rates, and up 5.0% on a comparable 52-week basis.
Source: esmmagazine.com
Australia: Woolworths has injected millions more into Australian fake meat startup All G Foods
Woolworths has added millions more in funding to Australian plant-based meat startup All G Foods as it puts its weight behind local players in the burgeoning fake meat sector. Through the $41.5bln supermarket chain’s venture capital arm W23, the fresh funding builds on All G Foods’ $16mln seed round in September last year.
Source: businessinsider.com.au
Musgrave signs UAE distribution deal with Choithrams supermarket
Supervalu owner Musgrave has agreed new supply partnership with Choithrams, a retailer with over 40 stores across the United Arab Emirates (UAE). The deal will see Musgrave supply Choithrams with more than 500 products from its SuperValu own brand range alongside other Irish brands and products from the retailer’s Food Academy programme.
Source: independent.ie
Lulu plans Rs4bln food processing expansion in India
Leading retail conglomerate Lulu Group announced major investments in food sector at Gulfood 2022, which is being held in Dubai World Trade Centre. The group chairman Yusuff Ali M.A revealed that Lulu will invest Rs4bln for setting up a state of the art food park in Kalalmassery in Kerala.
Source: khaleejtimes.com