US: Wendy's announces CEO succession
The Wendy's Company announced that its Board of Directors has appointed Kirk Tanner as Wendy's President and CEO, effective February 5, 2024.
Source: prnewswire.com
US: Kroger CIO discusses digital innovation trends for grocery retail in 2024
The Kroger Co. shared Chief Information Officer (CIO) and Senior Vice President (SVP) Yael Cosset joined Sucharita Kodali, Vice President at Forrester Research, at the National Retail Federation's (NRF) Big Show for a conversation on Kroger's digital journey and how that transformation impacts customers and associates.
Source: prnewswire.com
US: Expanding ReposiTrak Traceability Network welcomes nut butter supplier and three new produce suppliers
ReposiTrak announced the addition of four new suppliers to the ReposiTrak Traceability Network® (RTN) representing nut butters, fruits and vegetables. The users include: The leading roaster of in-shell peanuts in the United States, providing an assortment of peanut butters, almond butters and other nut-based food products; A vertically integrated fruit farming, shipping and sales organization that farms locally in California and also sources product from around the world; A Florida-based vegetable grower and packer of green beans, squash, eggplant, bell pepper and variety peppers; A family-owned, Indiana-based group of dedicated growers, packers, and shippers who specialize in the distribution of the highest quality fruits and vegetables to the Midwest region.
Source: businesswire.com
UK: Asda’s Issa brothers still paying Walmart to use old IT systems
Asda owners the Issa brothers are still attempting to separate the supermarket’s IT systems from previous owner Walmart, three years after it snapped up the grocery chain. Delays to migrating the digital systems have meant the business is having to pay Walmart to use the old IT systems, The Telegraph reported.
Source: retailgazette.co.uk
Former McDonald’s Korea CEO to head Homeplus
Joh Ju-yeon, former managing director at McDonald’s Korea, has been promoted to president and CEO of Homeplus for her efforts to enhance the overall brand identity of the supermarket chain, the company said.
Source: koreatimes.co.kr
Aldi Ireland highlights affordable vegetables to eat healthier this winter
Aldi Ireland is highlighting its affordable vegetable offering for customers who are trying to eat healthier in the New Year. The discount retailer aims to help customers to achieve their goals without compromising on their budget. Egan’s Irish Baby Mushrooms can add a hearty, healthy element to a winter meal for a cost of 85c for a 150g packet.
Source: checkout.ie
Belgium: Cora cuts 250 jobs
Belgian hypermarket chain Cora is to cut one in eight jobs: the subsidiary of the Louis Delhaize group still has seven stores in Belgium, but all of them are said to be (almost) loss-making.
Source: retaildetail.eu
Aldi ramps up Spanish expansion, nearly 50 new stores planned
Discounter Aldi plans to open nearly 50 new stores across Spain this year, maintaining its recent growth trajectory in the country. Aldi said that it will focus on strategic regions such as the Canary Islands and northern Spain (Basque Country, Galicia, Cantabria, and Castilla y León); while Andalusia, Madrid, Valencia, and Catalonia will receive over half of the new stores.
Source: esmmagazine.com
UK: Tesco tech hitch leaves deliveries in 'shambles'
Tesco customers were left without their grocery deliveries on Sunday morning after a technical fault prevented many orders going out. Dozens took to social media to express their frustration, branding the experience and lack of communication a "shambles". A spokesperson for the supermarket apologised for the inconvenience. Tesco said orders were back up and running by mid-afternoon.
Source: bbc.com
India: Techie’s drive to empower farmers leads to 1.9bln organic brand
Karnataka-based Akshayakalpa Organic: a vision of a techie who wanted to empower farmers. Since its launch in 2010, the company has served and connected with 1.50 lakh customers, and provided employment to 900 individuals. The brand offers 40 dairy products, five non-dairy products, and over 10 seasonal vegetables. In FY23, Akshayakalpa Organic earned a total revenue of Rs1,941mln (Rs194.1 crore). The organic brand is gearing up for a new venture with the upcoming launch of an organic grocery line.
Source: bizzbuzz.news
UK: Deliveroo beats rival Just Eat Takeaway
Although Deliveroo reported stagnant sales, it is outperforming rival Just Eat Takeaway.com. Even better: the value of orders increased and profits are “slightly” better than expected. Deliveroo saw orders increase very slightly in the last quarter of 2023, from 75.1mln to 75.3mln. Revenue stagnated at 523mln pounds (610mln euros), while gross transaction value (GTV) rose 4% to 1.86bln pounds (2.1bln euros), helped by increased prices.
Source: retaildetail.eu
SPAR Hungary recognises its people and own brand labels score well
SPAR’s veggie vegan sandwich toppings won in the ‘free from’ vegan sandwich category in Store Insider magazine’s competition. These toppings, available in prune, chive, and green pepper, are part of SPAR Hungary’s commitment to expanding its convenient and sustainable product range. The 100-gram ‘SPAR veggie’ packs are a tasty meat alternative. SPAR is continually reviewing and increasing the range of options available for shoppers seeking vegan choices.
Source: spar-international.com
UK: Rapid roll-out of Asda Express convenience stores resumes
Asda is continuing the rapid roll-out of its convenience store format with the addition of a further 21 shops by the end of this month (January).
Source: talkingretail.com
Germany: Aldi limits local differences to streamline purchasesAldi Nord has recently scrutinised its entire product range and purchasing structures, trade magazine Lebensmittel Zeitung reports, and the discounter has decided to purchase more products internationally. More than three quarters of its range will soon be sourced across borders. Now it would be not much more than half, depending on the product group.
Source: retaildetail.eu