Amazon Fresh India prioritises customer needs over speed in competitive grocery market: Srikant Sree Ram
Amazon Fresh is focusing on customer needs rather than rushing into the quick commerce race, according to Srikant Sree Ram, Director of Amazon Fresh India. While rapid grocery deliveries have become a key selling point in the industry, Ram believes that selection, availability, and reliability matter more to customers.
Source: cnbctv18.com
UK: Morrisons announce Mother's Day roast bundle to feed a family of four for a tenner
Morrisons reported: "Available during Mother's Day week, the bundle ensures all families can get together for an affordable celebration on Sunday 30th of March. The centerpiece of the Sunday roast, the whole British chicken, which normally costs £6.50, will be available for just £4. Customers can then choose up to four accompaniments to pair with the roast chicken from roast potatoes, Yorkshire Puddings and gravy, and veggie sides including Cauliflower Cheese, Creamed Cabbage & Spring Greens, Carrot & Swede Mash or a Vegetable Medley".
Source: morrisons-corporate.com
Poland: Żabka reports 'strong' growth in FY 2024, adds over 1,000 stores
Poland's Żabka Group has reported 'strong' growth in its financial year 2024 with an 8.3% increase in like-for-like sales and the opening of 1,166 new stores. Sales to end customers reached PLN 27.3bln (€6.5bln), representing an approximate 20% increase year on year, the company noted.
Source: esmmagazine.com
Latvia: Lack of local produce and parking places at Rīga Central Market concerns shoppers
© Rogier Peterse | FP.comAs the spring season approaches, interest in local produce is growing. Visitors to Riga Central Market are looking for local cucumbers, cabbages and other vegetables and are concerned that the market's supply of such things appears to be very small. There are also calls to improve transport access, reports Latvian Radio. However there are a lot of imported vegetables and fruits, and the market is bustling. Source: eng.lsm.lv
UK: Morrisons raises savings target to £1bln as turnaround gains paceMorrisons has increased its cost savings target to £1bln after posting an uptick in first quarter sales. The supermarket saw group revenues rise 2.4% to £4bln in the 13 weeks to 26 January, up 2.1% on a like-for-like basis bolstered by a strong performance of its More Card loyalty scheme.
Source: retailgazette.co.uk
UK: Wholesaler Brakes to host Food Expo events in Manchester & Bristol
© Rogier Peterse | FP.comBrakes has launched Food Expo 25, two interactive exhibitions where food businesses can sample food, watch chef demonstrations and hear about the latest developments in food cuisine across the world. More than 75 food suppliers will be in attendance showcasing everything from drinks to snacks and plant-based to meat and fish protein as well as desserts, alcohol and non-food. Registration can be found on the Brakes' website. Brakes will be presenting products from across its entire range, alongside fresh produce specialists Fresh Direct and food-to-go leaders Country Choice.
Source: hospitalcaterers.org
UK: Morrisons cafe closure update as supermarket confirms popular deal won't be axed in huge 'shake-up'Morrisons has confirmed that a popular deal will not be axed, following the announcement of mass cafe and store closures. A spokesperson told The Sun: "The Kids Eat Free offer in partnership with Birds Eye remains as does the free fruit for kids."
Source: thesun.co.uk
US: UNFI comes to terms with more than 1,000 union workers
More than 1,000 truck drivers and warehouse workers at United Natural Foods Inc. (UNFI) in Florida, Georgia, and Illinois have ratified their first union contracts, the International Brotherhood of Teamsters announced.
Source: supermarketnews.com
US: Hop to Walmart, the one-stop shop for Easter savings
Walmart reported: "From budget-friendly baskets to an Easter meal priced even lower than last year at less than $6 per person, Walmart has something fun and festive for everybunny. Walmart's Easter meal makes a spectacular spread with endless recipe possibilities and includes: Marketside Boneless Spiral Cut Brown Sugar Ham (2.0 - 4.8 lbs); Navel Orange (1); Fresh Whole Russet Potatoes (5lbs); Freshly Asparagus (2 bunches); Marketside Fresh Green Beans (32oz); Kraft Deluxe Mac n Cheese (2ct, 14oz box); Fresh Sweet Corn on the Cob (4ct tray); Great Value Brown & Serve Rolls (12ct); Marketside Variety Crème Cake (27oz).
Source: corporate.walmart.com
US: AWG cites revenue headwinds in 2024 report
Associated Wholesale Grocers reported consolidated sales of $12.1bln, down about 2.4% from a year ago, as the company faced revenue pressures from slowing inflation and increased promotions. Net sales were up 2.41%, to $11.5bln, compared with year-ago results. Profits and patronage dividends at the Kansas City, Kansas-based co-op wholesaler, which supplies 1,100 member companies and 3,400 locations across 33 states, were both up for the year. Net income totaled $295.25mln, up about 2.7% compared with fiscal 2023.
Source: supermarketnews.com
US: Dollar Tree says it's winning over higher-income shoppers and may offset tariffs with price hikes
Dollar Tree said it is winning over more high-income shoppers during a sustained period of high inflation. Dollar Tree reported fourth-quarter earnings and said it would sell its struggling Family Dollar chain. Dollar Tree said its net sales for continuing operations - its namesake brand - totaled $5bln for the quarter, while same-stores sales climbed 2%.
Source: cnbc.com
10 for 10! Walmart named one of Canada's Top 10 Most Influential Brands for the 10th year in a row
© Rogier Peterse | FP.comWalmart Canada reported: "We're absolutely thrilled to announce that Walmart Canada has been named one of Canada's Top 10 Most Influential Brands for the 10th year in a row! This significant recognition is a testament to the hard work and commitment of our associates and the trust our customers place in us".Source: walmartcanada.ca