Amazon wins $270mln tax fight with the EU
Europe’s top court sided with Amazon in a case in which the U.S. e-commerce giant was accused by the European Commission of illegal tax benefits. The case stems back to 2017 when the European Commission, the European Union’s executive arm, alleged Amazon received tax advantages in Luxembourg. Amazon was ordered to pay back 250mln euros (roughly $270mln) to Luxembourg in 2017.
Source: cnbc.com
Australia: Senate inquiry will investigate whether ‘supermarket duopoly’ is ‘fair and equitable’
Deputy Nationals Leader Perin Davey says the Senate inquiry on supermarket prices will investigate the strength of the “supermarket duopoly” and whether supermarket practices are “fair and equitable” for farmers and consumers.
Source: skynews.com.au
Ireland: €9 turkey and sprouts for 49c: How supermarkets are slashing prices in countdown to Christmas
Prices on seasonal dinner ingredients such as turkey, ham, and a range of vegetables are being cut by many of the larger supermarket chains keen to entice people in their doors. In the final run-up to Christmas, many are matching each other’s prices. Dunnes Stores, Aldi, SuperValu and Tesco have advertised seasonal vegetables such as sprouts, carrots, onions and parsnips at 49c for a bag, with Aldi saying it represents a saving of up to 79pc.
Source: independent.ie
UK: New head of independent franchise at Morrisons
Morrisons Daily has appointed a new head of independent franchise and new business as the group seeks to further expand its footprint within the UK convenience sector. Nick Russell has been promoted to the role from his previous position as senior wholesale manager, where he looked after new business only.
Source: talkingretail.com
India: Amazon Fresh’s winter store offers seasonal delights at your doorstep
The Winter Store by Amazon Fresh caters to all your winter essentials, providing a convenient and efficient way to shop for the season’s necessities. A handout said that the Winter Store also features a delightful array of seasonal products, including fresh fruits and vegetables like strawberries, sweet corn, and pumpkin, ensuring you have the freshest ingredients to create nourishing and heartwarming meals during the cold months.
Source: greaterkashmir.com
New Zealand: The Great Kiwi Christmas survey 2023 - Lamb and ham go head-to-head in festive face-off
Lamb has claimed victory as the preferred main Christmas Day meat of choice, according to a new survey. More than a third of respondents (34.29%) to the Retail Meat New Zealand annual Christmas survey opted for this classic Kiwi favourite over ham (33.17%). Potatoes (91.03%) and kumara (55.82%) took out the top spots, while broccoli, carrots, and salads also earned their place on Kiwi tables.
Source: rmnz.co.nz
UK: Tesco and Asda join forces to improve product carbon footprinting
Leading UK food retailers including Tesco, Asda, M&S and Ocado have partnered to establish a unified standard for product carbon footprinting in the grocery industry. In consultation with WRAP, IGD AND WWF, the British Retail Consortium (BRC) Mondra Coalition will leverage break-through technology to scale this standard and provide the means to monitor, improve and communicate the environmental performance of products.
Source: grocerygazette.co.uk
Saudi Arabia: Aisles of variety at Al Raya Supermarket
Grocery retail chain Al Raya Supermarket serves over 100,000 customers daily across its outlets with an aim to promote healthier eating practices while making a difference for people it serves and the planet. For fruits and vegetables, the brand strives to get as many items as possible from farms around their stores to limit greenhouse gas emission, improve freshness and offer better prices to the customers.
Source: imagesretailme.com
Waitrose ranked as one of the UK's 'most sustainable brands'
Retailer Waitrose & Partners has been ranked as one of the UK's top ten 'most sustainable' brands, in the latest edition of Impact’s Great Green Sustainability Study. The upmarket retailer placed tenth in the study, which evaluates the sustainability of UK-based brands by deriving a score based on public perception.
Source: esmmagazine.com
Hot potato! Brits dream of a traditional Christmas, as new poll finds roasties most essential item on dinner plate
Hannah Binns, NFU Mutual Rural Affairs Specialist, said: “British farmers and rural businesses have their own long-standing tradition of providing the nation with high-quality, nutritious, and affordable food, especially at Christmas. Our research shows roast potatoes are the most essential item for a Christmas dinner, closely followed by gravy and that festive favourite, pigs in blankets. Turkey was predictably the most popular centrepiece while Brussels sprouts were voted the most essential vegetable.”
Source: farminglife.com
US: Allegiance Retail Services officially appoints Joe Fantozzi as President and COO
Grocery co-op Allegiance Retail Services, which tapped Joe Fantozzi as its interim president and COO in September, has made that a permanent move. Fantozzi will also take a seat on the Allegiance board of managers and the board of directors of the Foodtown banner.
Source: progressivegrocer.com
US: Getir completes the acquisition of leading US online grocer FreshDirect
Getir, the pioneer of ultrafast grocery delivery, acquired FreshDirect, a US-based online grocery company, from Ahold Delhaize, one of the largest food retail groups in the US. This acquisition will create significant synergies between Getir and FreshDirect.
Source: businesswire.com
Costco plans to open 31 locations this year, including roughly 24 in the US
Costco plans to open 31 new locations this year, including approximately 24 in the US and the company's sixth location in China in early 2024.
Source: businessinsider.com
US: Blue Apron expands its ready-to-eat category with the launch of Prepared & Ready Meals, giving customers ultimate convenience
Blue Apron, the pioneer of the meal kit industry in the U.S., expands its ready-to-eat category with the launch of Prepared & Ready meals, available to order now for weekly shipment starting January 8, 2024. Customers can enjoy increased flexibility, from meal kits to single-serving prepared meals, for ultimate convenience and variety. The Prepared & Ready menu will continue to expand in 2024.
Source: businesswire.com
US: Meati Foods adds 2 sports moguls to investor list
Gymnast Aly Raisman and NBA star Chris Paul join Derek Jeter and Rachel Ray in providing funding to the mushroom-root plant-based company, whose goal is to become the market leader by 2025.
Source: fooddive.com