India's Reliance, Adani among 49 bidders for debt-ridden Future Retail
Companies led by Indian billionaires Gautam Adani and Mukesh Ambani, a British retailer and global asset reconstruction firms are among the 49 entities in the fray to acquire Future Retail Ltd, the debt-laden Indian retailer said.
Source: reuters.com
Top 10 supermarket retail chains in Ireland
Here's an overview of the top ten supermarket retail chains in Ireland, according to their most recently-available full-year turnover. All data is supplied by Retail-Index (www.retail-index.com) 1. Musgrave Group turnover: €4.5bln (2022); 2. Dunnes Stores turnover: €4.1bln (estimated, 2021); 3. Tesco Ireland turnover: €2.9bln (2022); 4. Aldi Ireland turnover: €2bln (2021); 5. SPAR turnover: €1.56bln (2022); 6. Lidl Ireland turnover: €1bln (estimated, 2021); 7. Iceland turnover: €65mln (2022); 8. Fresh The Good Food Market turnover: €28mln (2021); 9. Gala turnover: N/A; 10. Costcutter turnover: N/A.
Source: esmmagazine.com
Maldives: Moolee partners with Male' City Council to bring fresh fruits and vegetables to doorsteps
Moolee, the leading e-commerce platform in the Maldives, has partnered with the Male' City Council to launch Moolee Market. Ooredoo disclosed that this new category on the platform enables buyers to purchase fresh fruits and vegetables from local markets without leaving their homes.
Source: raajje.mv
Metro rolls out new store franchise network in Serbia
Metro Cash & Carry has rolled out a new store franchise network in Serbia. The first Jutro outlet has opened in Divčibare, a key tourist destination in Serbia, offering over 5,000 SKUs, including local products.
Source: esmmagazine.com
JD Fresh commits to sourcing RMB1bln premium Thai fruits, including more tree-ripened durians, to meet growing demand in China
JD Fresh, JD.com’s online fresh food division, recently announced it will purchase RMB1bln (US$ 0.15bln) worth of Thai fruits over the next two years. With a focus on direct sourcing and leveraging its supply chain capabilities, JD Fresh aims to meet to the surging demand for high-quality fruits among Chinese consumers.
Source: jdcorporateblog.com
Five largest retailers in Montenegro see profits more than double
The combined total profit of the five largest retail chains in Montenegro amounted to €19.4mln in 2022, a 122% increase on the €8.7mln they collectively reported in 2021. Revenues across the top five operators also increased in the same period, by 25%, from €677.5mln to €846.8mln, according to data published by local portal Bankar.me.
Source: esmmagazine.com
Retail chain GS25 posts $7mln loss last year
CVS Holdings, the operator of GS25 Vietnam retail chain, reported a loss of over VND167bln (US$7.12mln) for 2022, 9% higher than the previous year. It had over VND400bln in debts, including a bond issuance worth VND106bln.
Source: e.vnexpress.net
New Zealand: Competitive grocer Supie disappointed suppliers asked it to up their prices
Suppliers to online supermarket Supie have asked it to raise the shelf price of products despite it having no financial gain for suppliers. The most recent Supie investor update from the board of directors said the store was doing well and had grown orders by more than 150% in less than three months.
Source: stuff.co.nz
US: Cub Foods lands deal with workers to avoid first-ever strike 
For the first time ever, Cub Foods workers were on the cusp of walking the picket lines on April 6. After over 94% voted to strike on April 3 via Facebook the decision was made to drop the timecard in favor of a protest sign. About 3,000 workers were set to join in solidarity in front of 33 stores in Minnesota. The strike was scheduled to last through Easter Sunday. However, it looks like the two sides worked long into the night to agree on a tentative deal.
Source: supermarketnews.com
US: Kroger is fresh for springtime
The Kroger Co., America's grocer, shared its favorite ideas for taking meals outdoors and dished on springtime savings from fuel points to digital deals. Enjoy the season with these fresh springtime favorites, averaging less than $20 per spread: Chopped Caprese Pasta Salad boasting Kroger Bow Ties Pasta, cherry tomatoes, Simple Truth Fresh Basil, Private Selection Mozzarella, tossed in Kroger Balsamic Vinaigrette Dressing. On the side enjoy a Kroger Veggie Tray with Dip and Bakery Fresh Goodness Artisan French Bread; Deli Sandwiches featuring Private Selection Grab and Go Smoked Club Trio including turkey, ham and cheese served on Kroger Honey Wheat Bread with Kroger Wavy Chips, Simple Truth baby carrots and red seedless grapes; Chicken Salad Croissants made with Kroger Chicken Salad on Private Selection All Butter Mini Croissants with Kroger Tri-Color Bell Peppers sliced up for dipping in Private Selection Traditional Hummus and Kroger Bartlett Pears; Home Chef's Fried Chicken (eight piece) that is hot and ready to eat, served up with Kroger Southern Style Potato Salad and Private Selection Supremely Sweet Strawberries; A fresh veggie sandwich with tomato, avocado and cucumber topped with a smear of Kroger Fat Free Original Cream Cheese, served on Private Selection Multigrain Bread. On the side enjoy Kroger Colby Jack Cheese Cubes, Simple Truth Organic Mediterranean Herb Double Baked Pita Crisps and bananas.
Source: prnewswire.com
US: Walmart and Sam's Club help Fight Hunger. Spark Change. for 10th annual campaign
For the 10th straight year, all U.S. Walmart stores and Sam's Clubs are launching the Fight Hunger. Spark Change. campaign, helping efforts to end food insecurity and provide nourishment to families and individuals across the country.
Source: prnewswire.com
US: Imports climbing but below pandemic peaks
Import cargo volume at the nation’s major container ports should climb steadily through this summer but will remain below record-setting levels seen during most of the pandemic, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
Source: nrf.com
US: Ahead of Earth Day, Tops touts sustainability practices
To mark Earth Day on April 22, Tops is publicizing the various practices it has implemented to protect the environment. These include the following: Tops has deployed BioFlex bags instead of traditional plastic bags for its potatoes, becoming the first retail chain to adopt this technology.
Source: progressivegrocer.com