US: Grocery Outlet Holding Corp. announces CEO transition
Grocery Outlet Holding Corp. ("Grocery Outlet" or the "Company") announced that Eric Lindberg, current Chairman of the Board, has been appointed Interim President and CEO, effective immediately. Lindberg replaces RJ Sheedy, who has stepped down from his position and resigned from the Company's Board of Directors. The Board has engaged a leading global executive search firm to begin the process of identifying a permanent CEO.
Source: globenewswire.com
Amazon Fresh prepares Thanksgiving meal discount
In an email to Chain Store Age, an Amazon Fresh spokesperson said the omnichannel grocery chain will offer an in-store and online deal on turkey and Amazon private label brand sides and desserts which is designed to feed six people for less than $30 total. From November 6 through November 28, customers in more than 1,200 cities and towns in the U.S. can visit Amazon Fresh online or in-store for deals on Thanksgiving basket essentials, including butterball turkeys at $0.49 per pound, instant mashed potatoes and canned cranberries, with deeper discounts for Prime members.
Source: chainstoreage.com
US: The Fresh Market opens 1st Chicago store in former Dom's spot
The Fresh Market has opened its first-ever Chicago store in a location previously occupied by Dom's Kitchen and Market. This newest location marks The Fresh Market's fourth store in Illinois and its 163rd nationwide.
Source: supermarketnews.com
US: DoorDash partners with Lyft to give members ride-sharing benefits
Delivery service DoorDash said that it's partnering with Lyft to bring ride-sharing benefits to its members. The announcement came as DoorDash released better-than-expected results for its third quarter. The San Francisco company said its revenue rose 25% in the July-September period to $2.7bln. The figure topped Wall Street's forecast of $2.65bln, according to analysts polled by FactSet.
Source: apnews.com
US: Sweetgreen opens second North Carolina location in Raleigh
Sweetgreen announced the opening of its second North Carolina location in North Hills in Raleigh at 4158 Main St. Since its inception in 2007, Sweetgreen has prioritized sourcing quality, sustainable ingredients and fresh produce.
Source: businesswire.com
Flashfood rolls out redesigned grocery app
In an effort to make it faster and more efficient to find, shop and compare its deals on soon-to-expire grocery products, Flashfood has unveiled the latest iteration of its app. According to the company, the redesign transforms the usability and visuals of the marketplace, giving users a "smoother and more joyful experience".
Source: progressivegrocer.com
PepsiCo, retailers share purchase data to improve sales forecasting, exec says
PepsiCo, which is overhauling some of its top brands like Lay's potato chips as shoppers look for cheaper options, is increasingly sharing data with major retailers and in return getting coveted information on shoppers' purchases, a PepsiCo executive said in an interview this week.
Source: reuters.com
Just Eat Takeaway.com moves to next stage of in-car ordering system roll-out following UK launch
Following the launch of its first in-car ordering system in the UK in December, Just Eat Takeaway.com is rolling out the experience to more countries across Europe. Customers in Ireland, Spain and Italy can now use text/touch commands to place orders using the in-car screen, with the feature also rolling out to Germany and Austria over the coming weeks.
Source: retailtechinnovationhub.com
UK: SPAR retailer hits target to secure £100,000 free stock from James Hall & Co. Ltd
SPAR North of England retailer Dara Singh Randhawa's family store has been awarded £100,000 of free stock after hitting all his targets since moving to the symbol. Dara and his family, who have their SPAR store in Patrington in the East Riding of Yorkshire, joined SPAR through its association with James Hall & Co. Ltd in August 2023 having taken the decision to maximise the store's potential. It is a decision they have not looked back on, with sales increasing by up to 25% and margins also showing significant uplift in the last 12 months. Key to the store's improved performance is the complete overhaul of products available in-store, particularly the fresh food range, to better support people who live in Patrington and the surrounding area.
Source: jameshall.co.uk
Portugal: Jeronimo Martins' third-quarter profit falls 7.1%, margins narrow
Portuguese retailer Jeronimo Martins posted a 7.1% drop in third-quarter net profit as a strain on margins from lower food prices and lingering cost inflation offset higher sales. The company said in a statement it made a net 187mln euros ($203mln) in the quarter, exceeding the 166mln average forecast by analysts polled by LSEG.
Source: reuters.com
UK: Ocado Group announces Adam Warby as its next Chair
Ocado Group has announced the appointment of Adam Warby as an independent Non-Executive Chair of the board. Commenting on his decision to join the Ocado Board, Adam Warby said: "It is a huge honour to join the Ocado Board as Chair Designate. Ocado is a unique and innovative business, and a tremendous success story for the UK".
Source: ocadogroup.com
Finland: Kesko reports 'good' third quarter performance in a challenging year
Finnish retailer Kesko has posted year-on-year net sales growth of 2.6%, to approximately €3bln, in the third quarter of its financial year. The company described its performance as 'good' considering challenging market conditions during the year. Comparable operating profit amounted to €201.5mln in the third quarter, with building and technical trade and grocery trade segments witnessing growth.
Source: esmmagazine.com
Ochama expands in Europe, launches new warehouse in Poland to boost efficiency
Ochama, the European omni-channel retail brand of JD.com, Inc. (also known as JINGDONG), has announced the launch of a new automated warehouse in Poland, aimed at boosting operational efficiency and enhancing customer experience throughout the region.
Source: jdcorporateblog.com
SPAR Gran Canaria reinforces commitment to local produce
SPAR Gran Canaria sells approximately 2mln kilos of Canarian bananas per year and completely controls the ripening process. The bananas are purchased directly from local farmers. The process of banana ripening has been certified by the independent agri-food certification audit Agrocolor, ensuring that the fruit reaches all customers in the best conditions of flavour, quality, and freshness, in compliance with the food safety requirements. SPAR Gran Canaria also renewed the agreement with seven Valleseco farmers for a third consecutive year to sell the Reineta apple in SPAR Supermarkets. The agreement, supported by the Government of the Canary Islands, includes one more farmer than in the previous two years. This guarantees a distribution of between 12 and 14 tonnes of locally grown Reineta apples.
Source: spar-international.com
Australia: Coles posts slower Q1 sales growth amid shelf price scrutiny
Australia's Coles saw a slowdown in comparable sales in the first quarter due to lower shelf prices for its products, even as it beat market estimates for group sales. Coles posted a 2.9% jump in first-quarter sales revenue to A$10.55bln ($6.94bln), higher than a Visible Alpha consensus of A$10.51bln.
Source: reuters.com
Expansion in Africa: A focus on Kenya
Under the ownership of Majid Al Futtaim, Carrefour has announced plans to enhance its presence in Africa, specifically targeting Kenya. The recent opening of its 24th store in Ruiru illustrates the company's commitment to meeting the needs of rapidly growing urban populations.
Source: internationalsupermarketnews.com