US: Kroger CEO pins price increases on rising costs at trial
Kroger CEO Rodney McMullen attributed rising grocery prices to increasing costs for retailers as he defended the grocery chain's proposed $25bln merger with rival Albertsons at a trial.
Source: reuters.com
Aldi opens first Staten Island store with giveaways: Details
A new Aldi location is set to open in Staten Island on September 12 with chances to win a $500 gift card. "We're excited to open our first Aldi store in Staten Island and introduce local customers to a new, more affordable way of shopping", the company says. "Aldi will offer Staten Island residents affordable food, all at great prices, as it opens its newest store at 3285 Richmond Ave", the company says.
Source: fox5ny.com
US: Hy-Vee partners with Deliverect on Fast and Fresh upgrade
Hy-Vee is partnering with food tech SaaS company Deliverect to support the expansion of the retailer's digital food ordering. The retailer will integrate Deliverect into each of Hy-Vee's Fast & Fresh Market Grille Express stations for streamlined order and aggregated menu management. Hy-Vee is also leveraging Deliverect's analytics to make more data-driven decisions on its menu offerings and inventory.
Source: supermarketnews.com
US: Dollar Tree cuts annual forecasts after dour quarter on weaker demand; shares drop
Chesapeake, Virginia-based Dollar Tree expects annual sales between $30.6bln and $30.9bln, compared with its prior forecast range of $31bln to $32bln. Dollar Tree posted second-quarter net sales of $7.37bln, compared with analysts' estimates of $7.49bln, according to LSEG data.
Source: reuters.com
US: ALDI is hiring more than 13,000 store and warehouse employees nationwideALDI announced it will hire more than 13,000 store and warehouse associates as it prepares for the upcoming holiday season and continues adding new stores across the U.S.
Source: corporate.aldi.us
US: Sycamore Partners acquires Playa Bowls, the nation's leading superfruit bowl shop
Sycamore Partners, a private equity firm specializing in consumer, distribution and retail-related investments, announced that it has acquired Playa Bowls, a rapidly expanding franchise restaurant concept, from Tamarix Equity Partners and other investors. Since its inception in 2014, Playa Bowls has grown to become the #1 player in the superfruit bowl shop segment with over 250 locations across 22 states and offers a diverse and healthy menu including acai, pitaya, mango, green and coconut bowls, juices, smoothies, cold brew and more.
Source: prnewswire.com
US: Private Selection® Harvest Apple products return to Kroger just in time for fallThe Kroger Co. announced the return of Private Selection's® Harvest Apple, a limited-edition collection of products featuring one of the season's most iconic flavors.
Source: prnewswire.com
Beyond Meat to launch new steak alternative as it focuses on health
Beyond Meat plans to launch a whole-muscle steak alternative that mimics the taste and texture of a filet. The plant-based meat company announced a turnaround plan earlier this year and is hoping to revive sales. Beyond is hoping to win over consumers who thought its products were too processed by trimming its ingredient lists and focusing its marketing on the benefits of a plant-based diet.
Source: cnbc.com
Holland: Tailwind Shipping Lines christens "Panda 004" container ship
Tailwind Shipping Lines, a subsidiary of Lidl Stiftung & Co. KG, christened the "Panda 004", a 1,400 TEU container ship, in Moerdijk, the Netherlands.
Source: tailwind-shipping.com
Meet the entrepreneur behind one of Europe's fastest growing start-ups... The Modern Milkman
Simon Mellin, 38, founded The Modern Milkman in Lancashire six years ago after watching an episode of Sir David Attenborough's BBC series Blue Planet. The app focuses on delivering glass bottled milk, as well as bread, yoghurt, eggs, fruit and vegetables. Like the old-school milkman, the company delivers through the night, so customers wake up with milk bottles on the doorstep.
Source: thisismoney.co.uk
UK: Spar South West's FareShare partnership distributes equivalent of 32,000 meals
Spar South West's primary distributor, Appleby Westward, is reporting an impact on the fight against food waste and hunger in its trading area thanks to its partnership with FareShare South West and Gregorys Logistics.
Source: talkingretail.com
UK: HelloFresh and Just Eat partner up to launch rapid delivery trial
Just Eat Takeaway.com reported: "The UK's leading recipe box service has partnered with the nation's most loved online food delivery platform, Just Eat to launch an exclusive rapid delivery trial of HelloFresh meals. Just Eat customers in Newcastle and the London Borough of Hackney can order eight delicious, HelloFresh recipes at the click of a button".
Source: justeattakeaway.com
BinDawood shareholder looks to exit Saudi supermarket chain
Commercial Growth Development Company plans to sell 64mln shares in BinDawood Holding Co., exiting its stake in the Saudi Arabian supermarket group, according to a document seen by Bloomberg News.
Source: bnnbloomberg.ca
SPAR sells Polish business to Specjal
South Africa's second-biggest grocery group SPAR has sold its loss-making business in Poland to local Polish retailer Specjal for 185mln rand ($10mln), it said. SPAR will be required to recapitalise the business at an estimated cost of 2.7bln rand, the majority of which will be achieved by it settling the business's funding debt, it said.
Source: reuters.com
Estonia's August food prices: Vegetables, dairy products slightly cheaper than a year ago
Data from the Estonian Institute of Economic Research (EKI) shows that in August 2024 many dairy products fell, most notably 2.5% milk in plastic packaging, whose price fell by 20% on year. Onions have become 35% cheaper, dropping from €1.30 per kilogram to 85 cents per kilo. Price fluctuations for other vegetables were more modest. Loose carrots dropped by 14% in price, to 66 cents per kilogram, while packaged carrots increased by nearly 2%, reaching €2.31 a kilo. Cabbages fell by 15 in price, from 89 cents to 76 cents per kilogram, while the price of potatoes fell by 4%.
Source: news.err.ee
Chizhik launches logistics hub in Saratov
X5 Group announced the opening of a new distribution centre (DC) for its Chizhik hard discounter chain in Saratov. The 14,000-square-metre DC is a multi-temperature warehouse with storage areas for key product categories, including groceries, fruits and vegetables, fresh products, frozen foods and alcohol.
Source: x5.ru
DESPAR Italia provides education on healthy eating habits
Le Buone Abitudini (Good Habits) is a DESPAR Italia initiative dedicated to providing education on healthy eating habits aimed at primary school age children. The project continues to grow, with over 2,000 teachers using the valuable free digital resource.
Source: spar-international.com