UK: Tesco lowers profit sights as British shoppers face squeeze
Tesco, Britain's biggest retailer, forecast full-year profit at the lower end of its previous guidance, blaming uncertainty over how a worsening cost-of-living crisis would affect consumer spending. Tesco, which has a 27% share of Britain's grocery market, said customers were continuing to change their shopping habits to save money and reduce waste. Tesco said it now expected retail adjusted operating profit in its 2022-2023 financial year of 2.4-2.5bln pounds ($2.7-$2.9bln).
Source: reuters.com
Discount supermarket Lidl GB to hire 1,000 staff in Britain over five months
German-owned discount supermarket Lidl GB said it would hire 1,000 hourly paid staff in Britain over the next five months for its new stores and warehouses. The new recruits will earn a minimum of 10.90 pounds ($12.43) an hour outside of London and 11.95 pounds inside the M25 motorway.
Source: reuters.com
SPAR continues expansion with entry into Kazakhstan
SPAR International announces the brand’s entry into the Kazakhstan retail market following the opening of the first EUROSPAR Supermarket in Almaty on 30 September. The license to operate the SPAR brand in the country was granted to Skif Trade LLP, a well-established local retail and distribution company. Within the EUROSPAR Supermarket, customers can find an extensive selection of food-to-go items while fresh departments include butchery, bakery, and fruits and vegetables.
Source: spar-international.com
France: Système U joins buying group Epic Partners
Système U needed economies of scale after the termination of its buying alliance Envergure with Carrefour. The French retailer, a cooperative with no international operations, wants to be in a stronger position to negotiate with the big FMCG multinationals. That is why it is now joining forces with German market leader Edeka, which set up European purchasing powerhouse Epic Partners in 2021. So reports French magazine LSA based on an internal memo from chairman Dominique Schelcher. According to German trade magazine Lebensmittel Zeitung, Système U would join via Everest, the buying combination between Edeka and Dutch online supermarket Picnic.
Source: retaildetail.eu
Singapore: FairPrice Chai Chee reopens with 1-FOR-1 Royal Umbrella Thai Rice, $0.60 Leafy Vegetables & more
The FairPrice outlet in Chai Chee has recently completed renovations and has reopened this month, bringing more amenities to shoppers in the area. In celebration of the reopening, the store will be offering special deals exclusively which include rice, vegetables and price reductions on a number of items.
Source: greatdeals.com.sg
Ireland: Applegreen and M&S Food announce exclusive partnership
Applegreen, one of Ireland’s leading roadside retailers, and M&S Food have agreed an exclusive partnership to bring delicious, great quality M&S food to more locations across Ireland. A new M&S Food “shop-in-shop” will initially be available in five Applegreen locations and will feature the best of M&S Food, including fresh fruit, sandwiches and salads, dinner for tonight and a selection of other M&S favourites, alongside Applegreen’s existing product range.
Source: corporate.marksandspencer.com
China: Food delivery order from campsites surge 500% during National Day holidays
Fresh food delivery order from camping sites saw a weekly increase of 500% during the seven-day National Day holidays, or the Golden Week, as camping emerging as a popular holiday choice nationwide. As of Monday, the third day of the Golden Week, fresh food orders from campsites were up 500% from the previous week, according to statistics from Dingdong Maicai, an online grocery and fresh vegetables e-commerce platform.
Source: globaltimes.cn
New convenience store format arrives in Italy
A new convenience store format is being rolled out in Italy, offering consumers the possibility of round-the-clock shopping, seven days a week, according to media reports. The first Slipop store opened its doors on 30 September in Monterotondo, near Rome.
Source: esmmagazine.com
See the new food delivery robots on wheels storming footpaths - complete with 'blinking eyes', friendly greetings and their own human names
Uber Eats has partnered with Serve to launch food delivery via 'sidewalk robots'. The smart bots on wheels are aware of the world around them and travel all day. The 'Eskis on wheels' are currently delivering food throughout West Hollywood. Software engineer Dean Apostolopoulos said they will be launched in Australia.
Source: dailymail.co.uk
US: Procurant and Uber Freight transform produce shipping
Procurant, a cloud-based software company transforming the global food supply chain, and Uber Freight US, one of North America’s largest managers of freight reimagining the way goods move, announced a partnership to provide an innovative shipping option for retailers and suppliers of fresh produce. “This partnership is a game-changer for grocery retailers and their produce suppliers, and it will bring much-needed relief to an industry struggling with rising transportation costs and truck availability. With this partnership, we move one step closer to a more cost-effective and streamlined fresh food supply chain”, said Eric Peters, CEO, Procurant.
Source: businesswire.com
US: UNFI opens cold distribution center in New Hampshire
United Natural Foods Inc. (UNFI) has expanded its Northeast coverage with the opening of a refrigerated distribution center in Londonderry, New Hampshire. The 125,000-square-foot Londonderry facility completed its first outbound shipments to customers on October 3, UNFI said.
Source: supermarketnews.com
US: Grubhub, Gopuff team on nationwide delivery
Grubhub and Gopuff have formed a partnership to offer Gopuff’s network of instant-commerce locations on the Grubhub Marketplace. A pilot rolled out in the select cities of New York, Los Angeles, Chicago, Boston, Philadelphia and Austin, Texas, with hundreds of Gopuff locations across the country to be available on the Grubhub Marketplace in the coming weeks.
Source: progressivegrocer.com
US: Veggie Van takes on food deserts in Niagara County
The Veggie Van - actually a veggie trailer - hit the road in Niagara County in 2015 when the Cornell Cooperative Extension (CCE) received the five-year grant “Creating Healthy Schools and Communities” from the New York State Department of Health. “We thought, hey, why don’t we take the fruits or veggies that are grown here in the county and take them right to places”, said Jen Regan, program manager for the Veggie Van. “Instead of having people come to a central location”. In 2021, the Veggie Van provided more than 10,000 pounds of fresh produce to Niagara County communities.
Source: news.cornell.edu
US: Village Super Market, Inc. reports results for the Fourth Quarter Ended July 30, 2022
Village Super Market, Inc. reported its results of operations for the fourth quarter ended July 30, 2022. Fourth Quarter Highlights: Net income of $12.6mln, an increase of 33% compared to $9.5mln in the fourth quarter of the prior year. Adjusted net income of $12.3mln, an increase of 41% compared to $8.7mln in the fourth quarter of the prior year. Fiscal 2022 Highlights: Net income of $26.8mln, an increase of 34% compared to $20.0mln in fiscal 2021. Adjusted net income of $35.0mln, an increase of 85% compared to $18.9mln in fiscal 2021.
Source: globenewswire.com
US: Buyk accepting bids for asset acquisition
Buyk, the real-time retail grocery delivery service that launched in New York City and Chicago in 2021, is soliciting offers to acquire its intellectual property, technology and physical assets. Most of the physical assets are brand new and unused, having been purchased in 2021 and intended for use in Buyk’s 39 stores prior to March 2022.
Source: businesswire.com