Lidl cuts management positions
For months, Lidl has worked secretly on a new management structure, which it has now announced. CEO Kenneth McGrath hopes the new structure will make his company more efficient as he slimmed down his management team from nine to seven members, Lebensmittel Zeitung reports.
Source: retaildetail.eu
UK: Aldi set to serve record number of strawberries and cream over tennis season
Supermarket Aldi predicts it will sell over 1,800 tonnes of strawberries and more than one million pots of cream this tennis season. Shoppers can find the ultimate courtside treat for just 80p per portion.
Source: aldipresscentre.co.uk
Musgrave anticipates 6% increase in sales at Spanish operation
Musgrave Group's Spanish operation is anticipating a 6% increase in sales in 2024, its retail and expansion director Santiago Páramo has told local media. In an interview with trade publication infoRETAIL, Páramo said that Musgrave España is expecting to record €280mln in sales this year, as well as opening five new Dialprix supermarkets and renovating eight existing outlets.
Source: esmmagazine.com
Spain: Covirán reports growth in sales, net profit in FY 2023
Spanish supermarket cooperative Covirán has reported a 3.2% increase in gross sales to €1.8bln in its financial year 2023. Out of this total, Covirán's sales in Spain amounted to €1.6bln, while Portugal generated €217.3mln, it added. Profit before taxes amounted to €3.24mln, and net profit reached €2.03mln - up one million compared with 2022.
Source: esmmagazine.com
ALDI records economic impact of €757mln and €1.1bln spend with Irish suppliers in 2023, as retailer marks 25 years in Ireland - Economic reportALDI's economic contribution to Ireland in 2023 was €757mln as the retailer spent €1.1bln with Irish suppliers, according to its latest economic impact report, 'ALDI in Ireland, 1999-2024′.
Source: aldipresscentre.ie
UK: Ocado axed 1,000 jobs in a bid to reduce costs
Ocado cut close to 1,000 jobs last year in a bid to reduce costs in the face of a challenging online grocery market. The online supermarket and tech company revealed it now employs 18,869 people in its latest annual report, a drop from 19,744 a year before, reported The Times.
Source: grocerygazette.co.uk
Understanding retail media in Ahold Delhaize's European markets
Ahold Delhaize reported: "We talked to our expert, Maurits Priem, Head of Monetization for Ahold Delhaize Europe & Indonesia, to find out more about retail media - and how Ahold Delhaize is paving the way for its future".
Source: aholddelhaize.com
Holland: How Picnic made free delivery profitable
Dutch online supermarket Picnic is proving that you can make money with free delivery, as long as you organise the last mile efficiently. For further growth, the retailer is mainly looking at large countries, founder Michiel Muller says.
Source: retaildetail.eu
UK: Aldi shares update on new store locations wish listAldi has revealed its latest list of priority locations across the country where it is hoping to build new stores. Last month, the UK's fourth largest supermarket called on the nation to get in touch to highlight where in Britain needed new Aldi stores most.
Source: aldipresscentre.co.uk
US: Target shuffles top executives amid sales slump
Target has promoted Cristina Hennington and Rick Gomez to new leadership positions and named Lisa Roath, currently chief marketing officer, to oversee the food and beauty categories.
Source: supermarketnews.com
US: Two Missouri grocers adopt Instacart smart carts
Price Chopper and McKeever's Market & Eatery have deployed AI-powered smart shopping carts by Instacart at select locations in Missouri, the San Francisco-based last-mile delivery company announced. The so-called Caper Carts enable shoppers to place items in their basket, skip the checkout, and have the bill charged directly to their bank account or credit card.
Source: supermarketnews.com
US: Grubhub makes big grocery move with Albertsons partnership
Last-mile delivery service Grubhub is making a major move in the grocery sector through a new partnership with Albertsons Cos. that will bring the chain's nearly 1,800 stores to the Grubhub Marketplace. The new alliance is Grubhub's first partnership with a national grocer and includes Albertsons' namesake banner as well as Safeway, Vons, Jewel-Osco, Shaw's, ACME and Tom Thumb locations.
Source: supermarketnews.com
Seed to Surf: "With tinned fish being popular right now, we're on trend in the marketplace"
Canada's Seed to Surf is unique in its offering of tinned fish created from whole vegetables and fungi to create a "fresh reinterpretation of seafood that highlights the incredible potential of plants".
Source: vegconomist.com
Coming soon: BJ's Wholesale Clubs in New Jersey, North Carolina
BJ's Wholesale Club, coming off a strong first quarter, is living up to its ambitious expansion plans. The operator revealed the location of two new clubs that will welcome shoppers early next year. One store, slated to open in Hanover Township, New Jersey, will be the retailer's 25th site in that state. Another club is set to attract members in the growing market of Southern Pines, North Carolina.
Source: progressivegrocer.com