UK: Another week another revamped store launch as Amazon Fresh Aldgate gets new payment options and updated look
Amazon is continuing an overhaul of its Amazon Fresh stores in the UK, with the reopening of its Aldgate, London location on Monday. In a LinkedIn post, Thomas Monaghan, EU Head of Construction & Design at Amazon, said: "Another week and another revamped store launch".
Source: retailtechinnovationhub.com
Brakes backs British Food Fortnight
Brakes reported: "Brakes, the UK's leading foodservice wholesaler, is once again backing British Food Fortnight with a packed programme of activity to highlight the benefits of British produce to its customers. Headlining the campaign is a Food Expo on 25th September, near Welwyn in Hertfordshire. With more than 70 stands putting the spotlight on the Best of British, the event will showcase British Food Fortnight brunch ideas, as well as chef demonstrations from Fresh Direct showcasing how to maximise British produce on the menu".
Source: brake.co.uk
Covirán eyes Auchan store acquisitions in Portugal
Spanish supermarket chain Covirán is eyeing potential acquisitions as French retailer Auchan is forced to sell off some of its Portuguese stores, according to Spanish daily Expansión. This divestiture is a condition imposed by the Portuguese Competition Authority (Autoridade da Concorrência - AdC) to approve Auchan's purchase of the Minipreço chain.
Source: esmmagazine.com
Germany: HelloFresh Group achieved AEBITDA margin of 7.5% in Q2 2024
HelloFresh SE ("HelloFresh" or "Company") released its financial results for the second quarter of 2024. The HelloFresh Group delivered a quarterly revenue of approx. €1.95bln, corresponding to an approx. 0.9% constant currency growth (Q2 2023: €1.92bln). The HelloFresh Group achieved an AEBITDA of €146mln (Q2 2023: €192mln), a margin of 7.5% (Q2 2023: 10.0%) for the Group, including a margin of 4.0% (Q2 2023: 8.5%) for the RTE product category and of 12.2% (Q2 2023: 12.9%) for the meal kit product category.
Source: hellofreshgroup.com
Poland's largest supermarket chain hit by soaring wage bill, says CEO
Higher wages and keener pricing are cutting into the margins of Poland's biggest supermarket chain, Biedronka. Biedronka's earnings per share before tax (EBITDA) margin for the first half of 2024 fell from 8.5% to 7.6% compared to last year, according to the Portuguese-owned retailer. "Our lower margins are the effect of raising wages for our shop and warehouse staff", Luis Araújo, the CEO of Biedronka's owner, Jeronimo Martins, said in an interview with the Polish business daily Puls Biznesu.
Source: tvpworld.com
Newsable: Price of healthy foods increasing faster than other foods at the supermarket
New research from the University of Auckland has found the cost of feeding a family of four has increased 35% in the last six years, rising by 13.6% in 2023 alone. And the price of lower-cost healthy foods was increasing faster than other foods at the supermarket. Lead researcher Dr Joanna Strom told Newsable the study focused on food such as carrots, frozen peas, apples, bananas, eggs and cheese.
Source: stuff.co.nz
UK: Tesco has gained share every month for the past year, says Kantar
Tesco has gained market share in the UK every month since August 2023, with the retailer now holding 27.6% of the British grocery market, new data from Kantar has found.
Source: esmmagazine.com
ALDI Ireland customers helped save over 200,000 Surprise Bags from going to waste with Too Good To Go
Over the past year, ALDI customers across Ireland have saved a total of 207,000 Surprise Bags from going to waste, through the retailer's partnership with Too Good To Go. This means that customers at ALDI's 161 stores across Ireland have saved more than €1.6mln in that time.
Source: retailnews.ie
Amazon partners with TikTok and Pinterest for social selling
Amazon has partnered with TikTok and Pinterest to allow users to buy products directly through the social media apps. At the moment, this trial is limited to users in the United States.
Source: retaildetail.eu
US: Nearly 4,500 Fred Meyer workers in Portland area could strike
About 4,500 grocery workers in the Portland, Oregon, area could authorize a strike over what its union is calling a breach in contract. The United Food and Commercial Workers 555, which represents 35,000 grocery employees in Oregon, Southwest Washington state, and Idaho, said workers at Fred Meyer will vote on the option to strike on August 13. Fred Meyer is a subsidiary of Kroger.
Source: supermarketnews.com
US: Blue Cross Blue Shield of Tennessee introduces statewide food as medicine initiative with FarmboxRx
FarmboxRx, the leading food as engagement company who pioneered fresh fruits and vegetables as a covered health intervention, announced a new partnership with Blue Cross Blue Shield of Tennessee (BCBST), Tennessee's largest insurer.
Source: businesswire.com
US: Missouri Eatwell Market store completes conversion to Schnucks banner
Schnuck Markets, Inc. announced that the rebranding of a former Eatwell Market store in Columbia, Missouri is complete and that the location is now a full-service Schnucks store.
Source: supermarketnews.com
US: Walmart continues to broaden foodservice offerings with new partnership
Walmart is again diversifying its foodservice offerings as it partners with Knuckies Hoagies to bring the company's sandwich shops to stores across six states. Atlanta-based Knuckies Hoagies has signed 14 leases with Walmart, expanding its presence in Georgia, South Carolina, North Carolina, Tennessee, Oklahoma and Texas.
Source: progressivegrocer.com
US: The Avocado Bread Company launches entire line of products at Rouses Supermarkets
The Avocado Bread Company, an innovative brand specializing in avocado-based bread products, is thrilled to announce the launch of its entire product line at Rouses Supermarkets. Each product under The Avocado Bread Company is crafted with fresh avocados to embody today's top culinary trends, all while delivering unrivaled taste and nourishment. Customers can now enjoy all offerings from The Avocado Bread Company for purchase at their local Rouses Supermarket.
Source: prnewswire.com
US: El Pollo Loco taps content creator Yuri Lamasbella as new Kreative Director for its Double Chopped Salads campaign
El Pollo Loco has announced an exciting partnership with content creator Yuri Lamasbella. Following successful collaborations, El Pollo Loco has appointed her as its first-ever Kreative Director for the Double Chopped Salads campaign launch.
Source: globenewswire.com