Lawsuit update: Kroger rejected Albertsons' $800mln to settle merger case with FTC
New court documents in the Boise, Idaho-based grocery chain's lawsuit against Kroger have revealed that Albertsons went to Kroger with the offer of spending $800mln to settle the case with federal regulators, according to a story in Boise Dev. That's according to an updated complaint in Albertsons' $600mln lawsuit against its former acquisition partner.
Source: supermarketnews.com
US: Sprouts Farmers Market continues Florida expansion in Boynton Beach, FL
Sprouts Farmers Market has announced it will open a new store in East Boynton Beach, FL on Friday, April 4, located at 2222 N. Congress Ave. Sprouts Farmers Market is invested in serving the communities where it operates. It works with local Florida farmers such as Alderman Farms, Always Fresh Farms, BBI Produce Inc., Brooks Tropicals, Duda Farm Fresh Foods, Grimes Produce Company and others to source local produce.
Source: sprouts.com
US: Forage and Southeastern Grocers bring SNAP EBT to Harveys Supermarket and Winn-Dixie via DoorDash
Forage and Southeastern Grocers (parent company of Harveys Supermarket and Winn-Dixie) are launching SNAP EBT grocery delivery via DoorDash. The tie up covers SNAP EBT recipients in Alabama, Florida, Georgia, Louisiana and Mississippi. SNAP beneficiaries can now use their benefits to order groceries for delivery from neighbourhood Harveys Supermarket and Winn-Dixie locations through DoorDash.
Source: retailtechinnovationhub.com
US: Retailers submit comments in opposition to USTR shipping remedies proposal
© Rogier Peterse | FP.comThe National Retail Federation and the Retail Industry Leaders Association submitted joint comments regarding proposed action in the Section 301 investigation of China's targeting of the maritime, logistics and shipbuilding sectors for dominance.
Source: nrf.com
Japan: Seven & i Holdings publishes 2 documents responding to misinformation and detailing its constructive engagement with Alimentation Couche-Tard
Seven & i Holdings Co., Ltd. ("7&i" or "the Company" or "the Group") published two documents responding to misinformation and detailing its constructive engagement with Alimentation Couche-Tard ("ACT"). "7&i's History of Constructive Engagement with ACT" provides a chronology of 7&i's constructive engagement with ACT since it received an unsolicited, non-binding proposal from ACT on July 25, 2024. The document is located here. "Know the Facts About 7&i's Engagement with ACT and Antitrust Concerns" corrects the record about 7&i's engagement with ACT, and the Company's antitrust concerns. The document is located here.
Source: prnewswire.com
Holland: Albert Heijn 2024 Sustainability Report highlights
Ahold Delhaize reported: "This month, our Dutch brand Albert Heijn published its 2024 Sustainability Report - reflecting a year of progress toward its purpose: "Together we make eating better the easy choice. For everyone". From achieving B Corp Certification at Albert Heijn Netherlands to launching new health and environmental initiatives, Albert Heijn continues to make a meaningful contribution to a healthy, social and sustainable society".
Source: newsroom.aholddelhaize.com
Portugal: Sonae reports record €10bln in sales for 2024, reinforcing global market position
Sonae, the Portuguese-headquartered multinational group with leading market positions across key sectors, announced record financial results for the full year 2024. The group's revenue increased by 18%, reaching €9.95bln, driven by strengthened market leadership in retail, sustained organic growth, and strategic acquisitions. EBITDA also grew substantially, surpassing €1bln, while net profit attributable to shareholders rose by 18% to €223mln on a comparable basis. The group's investments reached a historic €1.589bln - more than double the previous year - supporting both strategic acquisitions and organic expansion.
Source: prnewswire.com
UK: Co-op to match Aldi prices on everyday essentials with launch of its biggest ever member value campaign
Co-op reported: "Co-op is launching its biggest ever value campaign on Wednesday 26 March, matching Aldi prices on over 100 everyday essentials for its Members including fresh fruit, milk, eggs and bread. The significant move, the largest of its kind in convenience stores and a UK first for Quick-comm platforms, means Co-op Member Owners will save money every time they shop".
Source: co-operative.coop
Retailer's Market Day creates unique opportunity for emerging farmers
Shoprite Group reported: "Small-scale farmers from more than 60 community food gardens across Southern Africa will have a unique opportunity to sell their fresh, organically grown produce directly to customers at selected Shoprite and Checkers supermarkets at the retailer's Market Day on 3 April 2025".
Source: shopriteholdings.co.za
Australia: Queensland's first free supermarket expands with third location
© Rogier Peterse | FP.comQueensland's first free supermarket, Serving Our People, has opened a third community supermarket in Beenleigh. The expansion marks a step forward in providing essential support to those in need. The supermarket's shelves are stocked with an array of essentials, including fresh produce, frozen meals, meat, household items, and non-perishables.
Source: 9news.com.au
UK: Morrisons to close 52 cafes and 17 convenience stores
Supermarket chain Morrisons is to shut 52 cafes and 17 convenience stores, putting hundreds of jobs at risk. The retailer will also close a number of in-store services, including some meat and fish counters, pharmacies and all its market kitchens in an attempt to redirect cash to other parts of the business. It is expected the cuts will be rolled out over the next few months.
Source: bbc.com