Holland: Retail turnover up by almost 2% in August
Statistics Netherlands (CBS) reports that retail turnover was 1.8% higher in August 2024 than in August 2023. Sales volume was up by 1.5%. Turnover in supermarkets was down by 2.6%, while turnover in specialty shops was up by 9.7%.
Source: cbs.nl
Spain: Eroski sees 2.5% revenue growth in H1 2024
Spanish cooperative and grocery retailer Eroski has reported a 2.5% increase in revenue in the first half of its financial year to €2.86bln. Net profit declined by €19.7mln, to €50.2mln, due to increased price competitiveness and exceptionally strong results in the early part of 2023.
Source: esmmagazine.com
Belgium: Solucious acquires wholesaler Délidis
Colruyt Group's food service specialist Solucious has reached an agreement with Peeters-Govers Group to acquire 100% of the shares of Délidis. Solucious operates as a wholesaler, supplying food products to professional customers throughout Belgium. Délidis supplies fruit and vegetables of the highest standard and provides a high level of service to their customers.
Source: press.colruytgroup.com
Poland's Zabka eyes $1.7bln IPO in potential boost for Warsaw bourse
Polish convenience store group Zabka plans to raise up to 6.45bln zlotys ($1.67bln) for shareholders in its initial public offering this month, potentially the biggest IPO in Warsaw since 2020.
Source: reuters.com
UK: Innocent Drinks unveils new look
Innocent Drinks is rolling out a new packaging redesign to help drinkers navigate its portfolio of juices, core smoothies, innocent plus, and super smoothies. The new design strategy focuses on simplicity, and has been built around a streamlined philosophy.
Source: kamcity.com
Berry good news as punnet prices plummet: Australia's best-value fruit and veg for October
For parents of young children (toddlers and preschoolers are prolific consumers of blueberries) there is good fruit news for October. "The last couple of months blueberries have been very dear but they're in abundance at the moment", says Robert LoSurdo, the owner of LoSurdo's grocery in Sydney's Northbridge. They can be found for as little as $2 a punnet and LoSurdo says prices will remain steady for the next couple of months.
Source: theguardian.com
Denmark: Salling Fondene acquires full ownership of Salling Group
Salling Fondene has acquired 100% ownership of Salling Group and has set a target to achieve an annual turnover of over DKK 100bln (€13.4bln). The company was owned by A.P. Moller - Maersk for more than 60 years, Salling Group noted in a statement.
Source: esmmagazine.com
Turkish retailer CarrefourSA deploys Simbe's Tally AI and automation solution across select stores
US-based Simbe has announced international expansion into Turkey with CarrefourSA, a subsidiary of Sabanci Holding and Carrefour which operates in over 1,200 stores in 64 provinces and employs a workforce of 15,000.
Source: retailtechinnovationhub.com
US: Island Pacific Supermarket ranks among Top 20 Best Large Workplaces in Retail by Fortune Magazine for 2024
Island Pacific Supermarket is thrilled to announce its inclusion in Fortune Magazine's "Top 20 Best Large Workplaces in Retail" for 2024. The Filipino-American supermarket chain has made an impressive leap in the rankings, securing the 11th spot, up from 17th in 2023.
Source: prnewswire.com
US: UNFI posts net sales increase, unveils 3-year financial recovery plan
United Natural Foods, Inc. (UNFI) recorded a net sales increase of 10% to $8.2bln during its fiscal fourth quarter compared to the same period last year, reversing a negative sales trend that has been ongoing since Q2, the company reported. Net sales for FY 2024 increased 2.3% year-over-year to nearly $31bln.
Source: grocerydive.com
US: Mollie Stone's Markets marks 38 years in business
Bay Area independent grocer Mollie Stone's Markets is celebrating its 38th anniversary celebration this October. For nearly four decades, the retailer has been committed to serving the community with its unique blend of high-quality products, superior customer service, and for local and sustainable items.
Source: progressivegrocer.com
US: Convenience stores gaining competitive edge for shopper share of wallet
Convenience store operators are successfully driving traffic, sales, and loyalty by continuing to upscale their freshly prepared food offerings. In advance of NACS Show 2024 to be held in Las Vegas October 8-10, Acosta Group is sharing the results of its recent Freshly Prepared Foods Shopper Insights Study conducted with its propriety Shopper Community.
Source: prnewswire.com
US: Peck's Markets, as part of sale to PSK, joins Allegiance Retail Services
The four-store Peck's Markets supermarket chain, which was purchased last month by PSK Supermarkets, is now a part of member-owned grocery co-op Allegiance Retail Services (ARS), the co-op announced. PSK Supermarkets operates 18 grocery stores in New York, under the Foodtown, Freshtown, Pathmark, and, now Peck's Markets, banners. Both Peck's and PSK are employee-owned retailers thanks to an employee stock ownership plan.
Source: supermarketnews.com
Lidl US to celebrate grand opening of new store in the Bronx, New York
Lidl US announced that it will open its newest store on Wednesday, October 23, 2024, in the Bronx, New York. The store will be located at 700 Exterior St., Bronx, NY 10451. Local leaders will welcome Lidl US to the community at a ribbon cutting event starting at 7:40 a.m., which will be followed by a grand opening celebration featuring special offers for shoppers. The store will operate daily from 8 a.m. to 10 p.m.
Source: mediacenter.lidl.com
US: Serve Robotics and Wing partner to expand autonomous delivery, increasing reach and efficiency
Serve Robotics Inc. ("Serve"), a leading autonomous sidewalk delivery company, and Wing Aviation LLC, an on-demand drone delivery provider, announced a pilot partnership to expand eco-friendly, autonomous food delivery offering a novel solution that will redefine last mile delivery.
Source: prnewswire.com
US: PepsiCo to acquire Siete Foods for $1.2bln
PepsiCo, Inc. ("PepsiCo") announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods ("Siete") for $1.2bln. The acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican-American brand, while also growing its better-for-you food offerings.
Source: prnewswire.com