Sunshine boost UK supermarket spending but Asda struggles, says NIQ
Warm weather and household buying ahead of summer holidays accelerated sales growth at UK supermarkets in August, although No. 3 player Asda continued to struggle, industry data has shown. Market researcher NIQ said sales at UK supermarkets grew 5.5% year-on-year over the four weeks to August 10, against growth of 3.6% in last month's report.
Source: esmmagazine.com
New and refurbished stores strengthen DESPAR Italia retail network
A new 1,485m2 EUROSPAR Supermarket in San Giorgio di Piano opened its doors to customers. DESPAR Supermarkets located in Altino, Sellia Marina, Frosinone, Pulsano and Leverano provide customers with an enriched grocery offer, including a focus on DESPAR Own Brand products, locally sourced goods, and fresh produce alongside a welcoming shopping atmosphere. A new INTERSPAR Hypermarket in Catanzaro Lido provides an extensive selection of products across various departments and a whole new shopping experience for customers. A new INTERSPAR Hypermarket in Catanzaro Lido provides an extensive selection of products across various departments and a whole new shopping experience for customers. The renovated INTERSPAR Hypermarket in Lavello reopened its doors, boasting important renovations including LED lighting and sustainable refrigeration systems, alongside an improved product offer. In Sicily, the DESPAR consortium added a new supermarket in Lentini. Sardinia welcomed the opening of two more stores: a DESPAR Express in Alghero, and a DESPAR Supermarket in Siniscola.
Source: spar-international.com
Israeli retailer Shufersal Q2 profit up 132%, sales gain
Israel's largest supermarket chain Shufersal reported a more than doubling of quarterly profit, boosted by higher revenue and cost cutting steps. In the first set of results after an ownership change this year, Shufersal posted net profit of 169mln shekels ($46mln) in the second quarter, up 132% from a year earlier. Revenue rose 7.9% to 4bln shekels in the April to June period, while same-store sales grew 8.7%.
Source: reuters.com
Ireland: Musgrave appoints new Managing Director of SuperValu and Centra
Musgrave Group has announced the appointment of Luke Hanlon as Managing Director of its SuperValu and Centra chains. Hanlon has been leading the two grocery businesses on an interim basis since March this year. He will now permanently transition to the position from his role as Chief Supply Chain Officer.
Source: kamcity.com
Waitrose announces plans for 100 new shops across the UK
Waitrose has revealed plans to open up to 100 convenience shops across the UK over the next five years, as part of a £1bln investment in its chain of supermarkets. The first new Waitrose store to open in six years is set to be in Hampton Hill, London, later this year, followed by more in the capital and across the country.
Source: walesonline.co.uk
Germany: METRO extends partnership with the Gourmet Festival
"The Gourmet Festival is a wonderful event for the city, for all visitors and offers a perfect stage for restaurateurs. Diversity, hospitality and culinary highlights come together here in an ideal way. We are delighted to continue our partnership to further strengthen Düsseldorf as a gastronomic hotspot and to promote the city's appeal both nationally and internationally," says Dr Steffen Greubel, CEO of METRO AG.
Source: newsroom.metroag.de
Walmart sells $3.74bln JD.com stake to focus on its own China operations
Walmart, the biggest shareholder of Chinese e-commerce firm JD.com, has sold its entire stake, according to a person familiar with the matter, exiting an eight-year investment to focus on its own operations in China. A placement of the Walmart shares was fully subscribed, the person said, and at the top end of the offered range would be worth $3.74bln.
Source: reuters.com
US: Supermarket News launches SN Foodservice at Retail event
Supermarket News is excited to announce the launch of the SN Foodservice at Retail event, an event focused on educating, engaging in discussion, and networking beyond your usual office environment. The event will be held at the Renaissance Schaumburg, Schaumburg, Illinois on October 23–25, 2024.
Source: supermarketnews.com
US: Remodeled Wichita Dollar General offers fresh meat, fruits and vegetables
Dollar General recently remodeled and upgraded one of its local stores to the DG Market format. These stores offer healthier food selections including fresh meats, fruits and vegetables. If you live near 21st and Grove in the heart of Northeast Wichita, walked to your refrigerator and you needed just one fresh ingredient in preparation for your evening meal, too bad. The nearest store selling fresh meat and vegetables was 3 miles away. While 3 miles is an inconvenience for some, it's nearly impossible for the 20% of households in zip code 67214 without a vehicle. That's why the recently remodeled Dollar General at 2020 E. 21st Street is being happily received.
Source: kmuw.org
US: Salad and Go debuts four new fall-inspired menu items
Salad and Go, a one-of-a-kind restaurant solution and fast-growing salad chain, is introducing brand-new, fall-inspired menu items to keep guests feeling cozy and satisfied as the weather cools down. Building on its existing menu of made-to-order salads, wraps, breakfast burritos and hand-crafted beverages, Salad and Go's very own Michelin-star trained Chef Patino has crafted four new items for guests to enjoy this fall. The new menu items will be available at all Salad and Go locations beginning September 18.
Source: prnewswire.com
US: Kroger sues FTC, says administrative proceeding is unconstitutional
The Kroger Co. filed a lawsuit against the Federal Trade Commission calling for a preliminary injunction in the U.S. District Court, Southern District of Ohio, to block an administrative proceeding challenging its proposed acquisition of Albertsons.
Source: supermarketnews.com
US: Food Lion remodels 167 stores in Raleigh-Durham market to enhance shopping experience
With a $365mln capital investment, Food Lion has enhanced the customer shopping experience with remodeled stores in the greater Raleigh-Durham, NC, area and Mecklenburg County, VA. On August 21, Food Lion will hold ribbon-cutting events at 167 stores in the omnichannel retailer's greater Raleigh-Durham market, which is among the fastest growing areas nationwide.
Source: globenewswire.com
Seven & i shares end lower on regulatory concerns over Couche-Tard bid
Shares in Japan's Seven & i, the owner of 7-Eleven, closed nearly 11% lower as investors weighed up regulatory hurdles to a takeover bid from Canada's Alimentation Couche-Tard to create a convenience store giant with almost a fifth of the U.S. market.
Source: reuters.com
US: 25 produce companies take their place in the queue for ReposiTrak's rapidly expanding Food Traceability Network
ReposiTrak is proud to welcome 25 new produce companies to the ReposiTrak Traceability Network® (RTN). Among the new suppliers are three with particularly rich histories. The first is one of the largest growers and processors of nuts in the world, recognized for its vast orchards and commitment to sustainable farming. The second is one of the largest processors of fruits and vegetables in the US, offering an extensive array of high-quality products. The third is at the forefront of mushroom cultivation and the development of plant-based products with more than 90 years of experience in the industry.
Source: businesswire.com