Czech billionaire Kretinsky closes in on Casino after 3F abandons bid
Czech billionaire Daniel Kretinsky appeared to be nearing victory in the battle to take over French retailer Casino after the 3F Holding consortium abandoned its bid, citing a "biased process" and lack of information.
Source: reuters.com
Foodstuffs South Island produce expert Justin Dykhoff shares his 'pick of the pack' in a topsy-turvy produce season
Even in a typical year, no two days or seasons are the same for New Zealand's produce growers. No one knows this better than Justin Dykhoff, Foodstuffs South Island's Produce Manager, who, together with his team of people based in Christchurch, is responsible for buying a significant portion of South Island's produce that can be found in PAK'nSAVE, New World, Four Square, and Raeward Fresh stores. "Broccoli has gone well in the South Island this year, and there are great-tasting staples like carrots and parsnips. Brussel sprouts are another great winter crop that is currently in plentiful supply. Potatoes from Invercargill, Dunedin, and Canterbury are extremely versatile and represent great value at the moment. Winter vegetables like Canterbury pumpkin and Nelson cabbage also offer value-for-money due to their large size".
Source: foodstuffs-si.co.nz
Finland: Kesko Group's grocery sales increase 5.4% in June
Kesko Group has reported a 5.4% increase in sales in its grocery trade division, to €581.1mln, in June. Grocery sales to K-food stores increased by 5.1%, while sales in K-Citymarket's home and specialty goods trade remained at the previous year's level.
Source: esmmagazine.com
Getir to leave Dutch and Italian markets too?
Quick commerce company Getir is said to be burning up to a hundred million dollars a month, so the company is urgently looking for new capital. If that fails, the flash delivery company would consider leaving the Netherlands and Italy.
Source: retaildetail.eu
One in four UK single-parent households unable to afford food
More than a quarter of Britain's single-parent households have recently run out of food and been unable to afford more, according to a survey from the country's statistics agency which highlights the impact of surging inflation.
Source: reuters.com
UK consumer group calls for government action on grocery prices
British consumer group Which? has urged the government to take action to support households when the competition watchdog publishes its review of grocery pricing, saying some food prices have jumped by as much as 175% since 2021.
Source: reuters.com
All aboard: grocery bus caters to isolated German villages
In the western German village of Lohne, where the only grocery store closed its doors earlier this year, residents now do their food shopping on board a red-and-green supermarket bus that rolls into the main square once a week. The supermarket-on-wheels is a pilot project between Germany's third-largest food retailer, REWE, and the Deutsche Bahn rail and transport company. Fresh fruit and vegetables are on display outside the bus.
Source: france24.com
Maxima Latvija expands vegan products range
Maxima Latvija has announced it will be significantly increasing the availability of vegan products in its store network. The retailer said vegan products will now be made available in Maxima X format stores.
Source: esmmagazine.com
UK: Iceland closes the door on Swift convenience format
Iceland is to close all its Swift convenience stores, partly so it can focus on its new Iceland Local fascia. It is understood that four of its five Swift stores will close permanently, while the other will be converted to a standard Iceland format. All staff are expected to be offered jobs in other Iceland stores.
Source: talkingretail.com
UK: Tesco puts squeeze on suppliers so it can cut grocery prices for customers
Tesco is pushing for lower prices from grocery suppliers so it can pass them on to its shoppers, arguing that the tide is turning on inflation, and it wants to be able to move faster than its rivals.
Source: theguardian.com
US: Amazon Fresh grocery store 'committed' to Brookfield despite months of delays, town officials say
Amazon has again reaffirmed its plans to open a grocery store in the Candlewood Lake Plaza but has yet to set an opening date, according to town officials. Amazon Fresh has physical stores in New York, New Jersey, Pennsylvania, Maryland, Illinois, Virginia, California, and Washington, D.C.
Source: ctinsider.com
CMO recounts The Fresh Market's live shopping journey at GroceryTech
A highlight of the final day of GroceryTech, a three-day event presented by sister publications RIS News and Progressive Grocer, was a presentation by The Fresh Market's chief marketing officer, Kevin Miller, in which the ebullient executive discussed how the Greensboro, North Carolina-based grocer has deployed live shopping to deepen its connection with consumers.
Source: progressivegrocer.com
US: Costco land deal in Lowell is off, developer says
A Little Rock developer representing retail giant Costco said the company's deal to buy land for its first Northwest Arkansas store in Lowell is off. Hank Kelley, the chief executive and executive broker of Kelley Commercial Partners, told the Northwest Arkansas Business Journal that Costco's plans have changed.
Source: talkbusiness.net
Why Amazon put services in the spotlight for Prime Day
Amazon shoppers snagged deals on food delivery, travel, and healthcare during a two-day Prime Event that ended on Wednesday, highlighting the potential for growth in services at an e-retailing giant long focused on goods.
Source: reuters.com