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Target Corporation: First quarter 2024 financial results

UNFI has extended its primary distribution deal with Whole Foods Market until May 2032

Amazon.com investors reject all 14 outside proposals at meeting
Amazon.com investors voted against all 14 resolutions that asked the retailer to disclose more about its carbon emissions and its directors' donations, and to form a committee to oversee artificial-intelligence development, among other issues.
Source: reuters.com

US: Target Corporation reports first quarter earnings
Target Corporation announced its first quarter 2024 financial results, which reflected sales and profit performance consistent with the Company's previously provided expectations. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.8% partially offset by a comparable digital sales increase of 1.4%. Total revenue of $24.5bln was 3.1% lower than last year, reflecting a total sales decline of 3.2% and a 3.9% increase in other revenue. First quarter operating income of $1.3bln was 2.4% lower than last year, driven by lower sales volume.
Source: prnewswire.com

US: UNFI extends Whole Foods distribution deal into 2032
United Natural Foods, Inc. (UNFI) announced that it has extended its primary distribution deal with Whole Foods Market until May 2032. The agreement was previously set to end in September 2027.
Source: grocerydive.com

US: West Virginia WIC cash value benefit for fresh produce can now be used at farmers markets
The West Virginia WIC Program monthly cash value benefits for the purchase of fresh produce will now be accepted at authorized farm stands and farmers markets in addition to WIC Farmers Market Nutrition Program (FMNP) benefits beginning on June 1, 2024. The program is made possible by the West Virginia Department of Health's Bureau for Public Health.
Source: dhhr.wv.gov

US: Shipt and Meijer team up for big savings and a year's worth of groceries this summer
Shipt, the retail technology company that connects customers to delightful delivery, and family-owned Midwest retailer Meijer, are teaming up to celebrate the start of summer with valuable savings opportunities, the launch of an exciting grilling-focused sweepstakes, and tips for making the most of the summer season.
Source: prnewswire.com

US: Detroit Kroger drivers join Teamsters
Drivers at the Romulus Kroger Fulfillment Center have voted by a three-to-one margin to join the Teamsters Local 337 in Detroit, the union announced. It's the first time a group of Kroger fulfillment center workers have unionized in the U.S. according to the Teamsters.
Source: supermarketnews.com

Holland: Ahold Delhaize launches its Growing Together strategy building on its core strengths
Ahold Delhaize announced the launch of its Growing Together strategy at its 2024 Strategy Day, outlining key plans and ambitions towards 2028. This growth and investment plan underpins Ahold Delhaize's vision to be the trusted local (food) retailer, placing vibrant customer experiences and trusted products at the heart of its brands' customer value propositions.
Source: aholddelhaize.com

Italy: Finiper Canova turns 50, revenue surpasses €3bln in FY 2023
Italian retail group Finiper Canova is celebrating its 50th anniversary with its 'best financial performance' to date. In 2023, the group's revenue surpassed €3bln, with EBITDA exceeding €200mln. A key step was the acquisition of the Unes supermarket chain, which allowed the company to expand into neighbourhood convenience store segment.
Source: esmmagazine.com

Greek supermarket prices stable in April 2024: IELKA
Prices in Greek supermarkets were stable in April 2024, increasing by 1.10% compared to April 2023, a new survey by the Institute of Consumer Goods Retail Research (IELKA) has found. Fresh fruit and vegetable prices saw an increase of 2.09%.
Source: esmmagazine.com

UK: M&S doubles down on refusal of final payment for Ocado Retail
Marks & Spencer reiterated its position that it does not have to make a final payment to Ocado Group for its share of the Ocado Retail online supermarket joint venture.
Source: reuters.com

Japan: Starbucks is reducing waste with its new Banana Brûlée treats
Starbucks Japan has announced a new line of "Banana Brûlée" treats, including two bakery items and a Banana Brûlée Frappuccino, which makes use of bananas that had previously been going to waste.
Source: tastingtable.com

Belgium: Collect&Go launches new service that makes grocery shopping even easier
Collect&Go, Colruyt Group's online shopping service, is testing a new service in Ghent. With the new service, Collect&Go targets customers looking for a quick solution for their fresh groceries. These include people who do weekly shopping, for example, but need fresh produce in between. But it could just as easily be customers who want to put fresh produce on the table last minute.
Source: press.colruytgroup.com

Amazon is building a network of micromobility hubs in the UK
To make deliveries to customers in the United Kingdom more sustainable, Amazon is increasingly using so-called micromobility hubs. Step by step, the company is revamping its delivery network. The first micromobility hub in Northern Ireland recently opened.
Source: ecommercenews.eu

Lidl: Supermarket switches off half its in-store lights
Supermarket chain Lidl has said it has switched off half of its in-store lights to reduce costs and protect customers from price increases. The company's CEO for the island of Ireland told BBC News NI the move was part of overall cost-cutting efforts.
Source: bbc.com

UK: Purity Soft Drinks unveils its biggest-ever marketing campaign
Purity Soft Drinks has announced the launch of the biggest-ever marketing campaign for its Juice Burst brand. Live from June, the 'Punchy To The Core' campaign showcases the taste of its bestselling Apple variant. The activity aims to keep Juice Burst Apple front of mind for shoppers throughout the summer months, highlighting its refreshing taste as well as its health credentials.
Source: kamcity.com

China: FWD Group and AWS extend cloud technology collaboration with five-year agreement
FWD Group Holdings Limited ("FWD Group" or "FWD") announced a five-year agreement for technology services with Amazon Web Services ("AWS") as part of FWD's cloud-first strategy.
Source: press.aboutamazon.com