UK: UK supermarkets call for Windsor Framework clarity
It is a crucial concerns about labelling brought up in The Windsor Framework are resolved ahead of the October deadline an industry group comprising British supermarkets said. The Windsor Framework was approved by the EU as well as the UK on February. It was designed to ease post-Brexit trade relations between Northern Ireland and the rest of the UK. British Retail Consortium British Retail Consortium said the government must provide clarification before the date of expiry.
Source: bbc.com
New Zealand: Underlying factors driving inflation that keep price pressure on food items
Foodstuffs NZ’s managing director, Chris Quin: “Shopping seasonalally for fresh produce is the most effective option for consumers which is why gold kiwifruits as well as mandarins both being great values at the moment. The improved weather throughout the country makes greens cost-effective, with supplies finally arriving post-cyclones and flooding. The customers can thus benefit from products like broccoli, cauliflower and even lettuce.”
Source: foodstuffs.co.nz
UK: Co-op Group expands its collaboration in partnership with Just Eat to cover nearly 1,000 locations
The Co-op Group says it’s partnership together with Just Eat is set to increase the number of stores to nearly 1,000 at the end of June. The partnership follows the success of a trial of Just Eat, which is an integral part of its plans to take a third stake in the UK fast-food market online and delivering food from the stores to your door in just a few only a couple of minutes.
Source: thenews.coop
French casino shares fall by 6% following S&P downgraded the company
Shares within French retailer Casino decreased by over 6% following Standard and Poor’s cut its long-term credit rating and put all of its ratings on credit alert, with a focus on restructuring risks and inadequate liquidity. The company has around 3 billion euro ($3.3bln) in debt due to mature between 2024 and 2025 Casino has sold properties to fund its repayment obligations.
Source: reuters.com
SPAR Croatia invests in expanding the retail network
SPAR Croatia is continuing to expand the scope of its retail system. The opening of a brand new, modern supermarket situated in Kukuljanovo, SPAR Croatia strengthens its presence within Northern Adriatic. The most notable feature is the fresh foods available, with numerous choices of finessen along with local fruits and vegetables along with fresh meats and seafood at the counters for service. Following a renovation of three months The SPAR Supermarket located in Spinciceva Street in Split reopened on the 4th of April, 2023. Fresh food selections are enhanced by an extensive selection of vegetables and fruits that are fresh along with top-quality bakery items.
Source: spar-international.com
Top 5 grocery retail companies in Finland
Here’s an outline of the five most popular supermarket retail chains operating in Finland by the most recent full-year revenue figures available. All data is supplied by Retail-Index (www.retail-index.com) 1. SOK turnover: EUR7.75bln (2022 – estimated); 2. Kesko Oyj (Kesko) turnover: EUR6.6bln (2022); 3. Lidl turnover EUR1.86bln (2022); 4. Alko turnover EUR1.18bln (2022); 5. Tokmanni turnover EUR1.16bln (2022).
Source: esmmagazine.com
UK: John Lewis will be always controlled by its staff members, says the boss
The head of John Lewis has said the business will be managed by the employees who work there, “no ifs, no buts” because employees supported her with an affirmation vote. Lady Sharon White ruled out selling any stake in the company However, the board might consider making an the possibility of investing in external companies in the future, when it becomes necessary.
Source: bbc.com
Greece: Metro to invest 50mln euros
Supermarket Chain Metro is planning to invest at least 50 million euros. These investments will cover the development of its retail network, storage facilities as well as the construction of photovoltaic system. Metro is also hoping to draw younger shoppers in addition, considering that, being the CEO of Metro Aristotelis Paneliadis declared: “Gen Z needs to be more connected to computers, than other people”.
Source: ekathimerini.com
UK weird producer of waste products is planning international expansion
Offering potential investors the opportunity to become part of the world’s most sustainable food and drink brand Rubies in the Rubble is a company that makes condiments created using ingredients sourced from excess foods from Borough Market, London, is launching a crowd-funding campaign. The Rubies In the Rubble already sells products supported by major restaurant chains and retailers like Waitrose, Tesco, Ocado, Slug & Lettuce and The Pig however with the crowd funding, the company hopes to increase its international reach. Ingredients that have been rejected for Rubies included in Rubble condiments are “pear-shaped pear-shaped pears” as well as “curly cucumbers”.
Source: newfoodmagazine.com
Carrefour is forming partnerships with six Israeli startups
The Carrefour Group has recently announced a string of collaborations with six Israeli startup companies that are focused on data, artificial Intelligence and in-store operations. They also focus on security, environmental impact as well as the omnichannel experience for customers as well as the internal processes of the business.
Source: carrefour.com
UK: Sainsbury’s launches its first retail store that is an electric delivery vehicle
Sainsbury’s is announcing that their Nine Elms London superstore is currently delivering its customers with a completely electric fleet. These new vans are electric, which means that customers’ groceries is delivered without emission.
Source: about.sainsburys.co.uk
Amazon is leading new Top 150 European marketplaces
Amazon takes both of the first two positions on the latest listing of the top marketplaces in Europe. The rankings are created from the German Bundesverband Onlinehandel (BVOH). The group of interest group is also able to create a top 50 list for Germany. It is also a part of Amazon.
Source: ecommercenews.eu
Amazon “not too concerned” about unionization waves due to competitive pay and benefits, executive says
A high-ranking Amazon executive said to CNBC that the company was “not worried” about the trend of global unionization due to the fact that Amazon offers benefits and pay that are competitive. This comes amid very public initiatives to unionize in both the U.S. and U.K. by Amazon warehouse employees to establish unions. Union efforts are not yet able to create a movement of global unionization as some would have hoped.
Source: cnbc.com
US: Dollar General will announce growth in supply chain
Dollar General recently announced expansions of its global supply chain system, which includes an opening ceremony for its initial double facility, which is being built from the ground up in Blair, Nebraska and two permanent regional distribution hubs located in Newnan, Georgia and Fort Worth, Texas. The Company is also announcing expansion plans to expand into Jonesville, South Carolina and Amsterdam, New York at the existing sites. It is the first dual distribution centre, Blair combines the efficiencies of both traditional as well as DG Fresh’s supply chain systems, which is its multi-layered strategic move to self-distribution for chilled and frozen items. This DG Fresh network is currently shipping to over 19,000 retailers from twelve facilities.
Source: businesswire.com
US: SpartanNash expands the use of its inventory robot “Tally”
Food solutions firm SpartanNash revealed plans to increase the installation of an inventory robot that is autonomous called Tally at 15 of its grocery stores located in Michigan as well as Indiana. The Tally robot was designed by the company that makes retail technology Simbe.
Source: supermarketnews.com
US: Grocery Outlet reports multiple gains in Q1
Increases increased by a significant amount for the first three months of 2023 because Grocery Outlet, based in Emeryville, California, registered an increase in sales (16.1% up to $965.5mln) and comparable stores’ sales (12.1 percentage due to an 7.9 percent increase in the amount of transactions, accompanied by the 3.9 percentage increase in the volume of transactions) as well as net earnings (18.5 percent, from $13.7mln).
Source: supermarketnews.com
US Sweetgreen’s robot Infinite Kitchen has finally opened
Promising an improved speed and a more enjoyable experience Sweetgreen’s long-awaited totally automatized Infinite Kitchen restaurant made its debut in Naperville, Illinois. Automated makeline is a re-imagining of the Spyce technology that the company purchased in 2021.
Source: restaurantbusinessonline.com