Colruyt is the 25th largest supermarket chain in France
While Colruyt is the undisputed number one on its Belgian home market, the retailer is only a modest player in France with 100 stores and 716mln euros in annual sales. However, turnover and shop area have been growing.
Source: retaildetail.eu
UK's Sainsbury's says weak non-food weighs on quarterly sales growth
Sainsbury's, Britain's second largest supermarket group, reported a 3% rise in first-quarter underlying sales, though weather-related weakness in non-food areas partially offset robust demand for groceries. Sainsbury's said it still expected full-year 2024/25 retail underlying operating profit of between 1.01bln and 1.06bln pounds ($1.28-$1.34bln), which would be growth of 5% to 10%.
Source: reuters.com
RELEX Solutions welcomes supermarket specialist UVESCO Group as its first local retailer in the north of Spain
Spanish grocery retailer, The UVESCO Group, has selected RELEX Solutions to optimise and unify its supply chain. The UVESCO Group is well known for its BM and Super Amara supermarket chains, and has 331 stores in Spain, seven distribution centres, and more than 16,000 SKUs.
Source: retailtechinnovationhub.com
India: How Fresh From Farm is harvesting hope by reducing waste in fruit supply chain
Fresh From Farm, which has a team of 65 members, sources fruits directly from farms, processes them at a central location in Delhi-NCR, and delivers sorted and graded fruits to fruit vendors.
Source: yourstory.com
UK shop price inflation weakest since October 2021, retailers say
Annual shop price inflation slowed to 0.2% in June from 0.6%in May, the smallest increase since October 2021, the British Retail Consortium said.
Source: reuters.com
Carrefour finalizes the acquisition of the Cora and Match banners in France and strengthens its position on the French market
Carrefour announced that it has finalized the acquisition of the Cora and Match banners in France, from the Louis Delhaize group. This operation consolidates Carrefour's position in the food distribution market in France, with 60 Cora hypermarkets and 115 Match supermarkets, mainly located in the Grand East and Northern regions of France, where Carrefour has historically had little presence.
Source: carrefour.com
UK: Asda and Tesco face legal action over E. coli cases
Lawyers acting on behalf of two people who fell ill in an E. coli outbreak in the UK have started legal action against two leading supermarkets. Law firm Fieldfisher said it had issued letters of claim for breach of the Consumer Protection Act over own-brand sandwiches purchased in Tesco and Asda. The E. coli outbreak is thought to be caused by some supermarket sandwiches containing salad leaves.
Source: bbc.com
11 Dutch supermarkets commit to selling 60% plant-based proteins by 2030
Supermarket chain SPAR and app-only grocery retailer Picnic have become the latest companies to commit to the ambitious protein transition goals set out by Dutch animal welfare organization Wakker Dier. They will work to sell 50% plant-based proteins by 2025, with this goal increasing to 60% by 2030. A total of 11 supermarkets operating in the Netherlands have now made the commitment; the others are Albert Heijn, Aldi, Crisp, Dirk, Ekoplaza, Jumbo, Lidl, Plus, and Odin.
Source: vegconomist.com
Dia CEO confident of growth prospects in Spain, Argentina
MartÃn Tolcachir, the global CEO of Spanish retail group Dia, is confident that the business will continue to grow and generate value in Spain and Argentina. The financial year 2023 was crucial for Dia as it achieved strategic milestones focused on completing the turnaround process in Spain and Argentina, Tolcachir said at the company's ordinary general shareholders' meeting.
Source: esmmagazine.com
US: Kroger loses bid to dismiss Colorado lawsuit against Albertsons merger
A bid by The Kroger Co. to dismiss a lawsuit in the state of Colorado seeking to halt its $24.6bln merger with Albertsons Cos. has been denied. The court there believes that since Kroger does business in the state, it is responsible for upholding its monopoly laws.
Source: progressivegrocer.com
US: Aldi opens new stores in Florida, New York, and Ohio
On June 27, the grocery chain opened its doors to shoppers at 1733 E. Ridge Road in Rochester, New York; at 5959 Lorven Drive in Milford, Ohio; and at 7577 Atlantic Ave. in Delray Beach, Florida.
Source: supermarketnews.com
US: Meijer celebrates 90th anniversary as a family-owned Midwest retailer
Amidst the Great Depression in 1934, Hendrik Meijer, a local barber in Greenville, Michigan, took a chance and opened Meijer's Grocery with his wife Gezina and their children, 18-year-old Johanna and 14-year-old Fred, to take care of customers who visited Hendrik's barbershop. Fast-forward to today and the family-owned retailer is celebrating its 90th anniversary with more than 500 Meijer supercenters, grocery stores, neighborhood markets, express locations, and distribution and manufacturing facilities throughout six Midwest states operated by more than 70,000 team members.
Source: prnewswire.com
US: Twin Cities loses independent grocer
As regional chains expand their footprint in the Twin Cities, one longtime independent grocer is calling it quits. On June 27, Cooper's Foods near downtown St. Paul, Minnesota, closed its doors after 32 years in business.
Source: progressivegrocer.com
US: Balls Food Stores transfers company ownership to associates
Balls Food Stores (BFS) has revealed that it will transfer ownership of its 25 grocery stores to the company's employees, who are known as "teammates", building on the founder's history of creating an associate-centered culture. The decision to form an employee stock ownership plan (ESOP) comes as the Kansas City, Kansas-based independent grocer celebrates its 100th anniversary.
Source: progressivegrocer.com