E.Leclerc leads French grocery market share, Carrefour sees strongest growth in March: Kantar
The E.Leclerc Group continued to lead the French grocery market in March, despite a 0.1-point decline in market share, to 23.7%, according to the latest data from Kantar. Carrefour, which now includes the Cora And Match banners, saw the strongest growth, of 2.0 points, to achieve a market share of 21.9% in March, the data showed.
Source: esmmagazine.com
Germany: REWE Group reports revenue and profit growth in a challenging FY 2024
German retailer REWE Group has reported growth in revenue and profit in its financial year 2024 amid uncertain geopolitical and economic conditions. Group revenue for the financial year increased by 4.6%, amounting to €88bln, while operating profit increased by 8.9% year on year to €2bln.
Source: esmmagazine.com
UK: M&S opens a brand new store in Cheltenham Centrum
M&S reported: "M&S opened a brand-new showstopping store in Centrum Retail Park. In the new Foodhall, customers will find displays brimming with fresh produce, sourced from M&S' Select Farm partners and the retailer's Remarksable Value".
Source: corporate.marksandspencer.com
UK: Sodexo Stop Hunger funding supports opening of social supermarket in Ashford, Kent
Sodexo reported: "Sodexo's Stop Hunger Foundation has provided vital funding to SE Kitchen (part of Social Enterprise Kent) to support in the opening of the community interest company's second social supermarket in central Ashford, Kent introducing affordable, nutritious shopping for the local community. SE Kitchen offers healthy, budget-friendly options including its popular £1 fruit & veg bag, making fresh produce accessible to everyone".
Source: uk.sodexo.com
UK: Aldi surpasses Asda on food and drink sales for first timeAldi has overtaken Asda on food and drink sales in a fresh blow to the embattled supermarket chain. The German discounter surpassed Asda following higher sales of fresh poultry, fish, eggs and fruit, according to Kantar figures seen by The Telegraph.
Source: retailgazette.co.uk
Britain's Tesco warns profit to fall as competition intensifies
Tesco warned its profit would likely fall this year, blaming increased "competitive intensity" in the UK market and sending its shares down more than 7%. The group, which has a near 28% share of Britain's grocery market, said it expected to make adjusted operating profit of between 2.7bln and 3.0bln pounds ($3.5-$3.9bln) in the year ending February 2026. That compares with 3.13bln pounds in 2024/25, which was up 10.6% on the prior year.
Source: reuters.com
Northern Ireland: Upgraded Garvagh supermarket opens as top destination for fresh and local food
Henderson Group reported: "EUROSPAR Garvagh has officially reopened following a £2.4mln investment in upgrades from new owner, Henderson Retail, which acquired the business late last year. The community supermarket now sits as the central destination for fresh and local food, for both its abundance of Northern Irish produce and ingredients for tonight's tea, and for its brand new in-store kitchen with its experienced team, producing freshly cooked meals daily".
Source: henderson-group.com
Are 10-minute online deliveries killing the Indian corner shop?
The BBC reported: "As 10-minute online deliveries by "quick commerce" apps like Zomato, BlinkIt and Zepto pervade urban India, hundreds of thousands of neighbourhood stores across cities have closed down".
Source: bbc.com
Holland: Ahold Delhaize shareholders adopt 2024 financial statements and approve all agenda items, including (re)appointments to the Supervisory Board
Ahold Delhaize held its Annual General Meeting of Shareholders (AGM). Shareholders adopted all proposals on the agenda, including Ahold Delhaize's 2024 financial statements and (re)appointments to its Supervisory Board.
Source: newsroom.aholddelhaize.com
US: Kroger's billion-dollar bust
The dust is still settling on Kroger's failed acquisition of Albertsons last year, and the Cincinnati-based grocery chain declared in its most recent annual report that it spent over $1bln over the last three years. Kroger said in its 2024 annual report that the company spent $684mln in 2024, $316mln in 2023, and $44mln in 2022.
Source: supermarketnews.com
US: Vallarta Supermarkets announces the debut & opening of Vallarta Supermarkets on Slauson
Vallarta Supermarkets reported: "Vallarta Supermarkets is thrilled to announce the grand opening of its newest store in the Park Mesa Heights neighborhood of Los Angeles, California. Located at 3300 W Slauson Ave, Los Angeles, CA 90043, the store will officially open with a Grand Opening Ceremony on April 23, 2025, at 7:15 AM. The new store will feature Fresh Produce: The freshest produce from local U.S. growers and premium farms worldwide, offering a wide selection of certified organic and ethically farmed options at the best prices. From every necessity, seasonal Latino favorites, exotic fruits from around the world, along with all of the latest and newest items on the market today, we have it all".
Source: prnewswire.com
US: SheerID teams with Albertsons Companies to provide SNAP recipients with various perks
SheerID has announced a partnership with Albertsons Companies, a food and drug retailer in the United States whose banners include Albertsons, Safeway, Vons, Jewel-Osco, ACME and Shaw's. Albertsons Cos. stores are now offering SNAP (Supplemental Nutrition Assistance Programme) customers a 50% discount on the FreshPass programme.
Source: retailtechinnovationhub.com
US: As warehouse clubs boom, Walmart-owned Sam's Club plans to open 15 stores per year
Walmart-owned Sam's Club plans to open 15 clubs per year and renovate all of its approximately 600 locations in the U.S., CEO Chris Nicholas said. The warehouse club is speeding up its expansion plans, even as tariffs rattle Wall Street and injected fresh uncertainty about the economic outlook.
Source: cnbc.com
US: Walmart says Trump tariffs could hit quarterly profits as it tries to keep prices low
Walmart said President Donald Trump's new tariffs could affect its profits in the first quarter, though it expects sales to be stable during the period and for the full year. In a news release, the discounter said it wants to "maintain flexibility" in case it has to spend more to keep prices low.
Source: cnbc.com