UK: Tesco lowers profit targets as UK shoppers face pressure
Tesco, Britain’s biggest retailer, forecast full-year profit at the bottom of its previous forecast, blaming uncertainty over how a worsening cost-of-living crisis would affect consumer spending. Tesco, which has 27% of the UK grocery market, said customers continued to change their shopping habits to save money and reduce waste. Tesco said it now expects adjusted retail operating profit for its 2022-23 financial year of 2.4-2.5 billion pounds ($2.7-2.9 billion).
Source: Reuters.com
Discount supermarket Lidl GB to hire 1,000 staff in Britain over five months
German discount supermarket Lidl GB has announced that it will hire 1,000 hourly workers in Britain over the next five months for its new stores and warehouses. New recruits will earn a minimum of 10.90 pounds ($12.43) per hour outside London and 11.95 pounds inside the M25 motorway.
Source: Reuters.com
SPAR continues its expansion with an entry into Kazakhstan
SPAR International announces the brand’s entry into the retail market in Kazakhstan following the opening of the first EUROSPAR supermarket in Almaty on 30 September. The license to operate the SPAR brand in the country has been granted to Skif Trade LLP, a well-established local retail and distribution company. Within the EUROSPAR supermarket, customers can find a wide selection of food products to take away while the fresh sections include butchery, bakery and fruit and vegetables.
Source: spar-international.com
France: Système U joins the purchasing group Epic Partners
Système U needed economies of scale after the end of its Envergure purchasing alliance with Carrefour. The French distributor, a cooperative without international operations, wants to be in a position of strength to negotiate with the large FMCG multinationals. This is why it is now partnering with the German market leader Edeka, which create the European purchasing center Epic Partners in 2021. So reports the French magazine LSA based on an internal memo of President Dominique Schelcher. According to the German specialist magazine Lebensmittel Zeitung, System U would be reach via Everestthe shopping combination between Edeka and the Dutch online supermarket Picnic.
Source: retaildetail.eu
Singapore: FairPrice Chai Chee reopens with Thai Royal Umbrella 1-FOR-1 rice, $0.60 leafy greens and more
The Chai Chee FairPrice outlet recently completed renovations and reopened this month, bringing more conveniences to shoppers in the area. To celebrate the reopening, the store will exclusively offer special offers including rice, vegetables and price reductions on a number of items.
Source: greatdeals.com.sg
Ireland: Applegreen and M&S Food announce exclusive partnership
Applegreen, one of Ireland’s leading roadside retailers, and M&S Food have entered into an exclusive partnership to bring delicious, high-quality M&S foods to more locations across Ireland. A new M&S Food ‘shop-in-shop’ will initially be available at five Applegreen locations and will feature the best of M&S Food, including fresh fruit, sandwiches and salads, dinner for tonight and a selection of other favorites M&S, alongside Applegreen. range of products.
Source: company.marksandspencer.com
China: Food delivery orders from campsites increase by 500% during National Day holiday
Fresh food delivery orders from campsites saw a weekly increase of 500% during the seven-day National Day holiday, or Golden Week, as camping became a popular holiday choice across the country. On Monday, the third day of Golden Week, orders for fresh produce from campsites rose 500 percent from the previous week, according to statistics from Dingdong Maicai, an e-commerce platform for groceries and fresh vegetables.
Source: globaltimes.cn
A new convenience store format arrives in Italy
A new grocery format is being deployed in Italyoffering consumers the ability to shop 24 hours a day, seven days a week, according to media reports reports. The first one Slipop store opened its doors on September 30 in Monterotondo, near Rome.
Source: esmmagazine.com
Check out the new food delivery robots on wheels taking the trails by storm – complete with “blinking eyes”, friendly greetings and their own human names
Uber Eats has partnered with Serve to launch food delivery via “sidewalk robots”. Intelligent robots on wheels are aware of the world around them and travel all day. The “Eskis on wheels” are currently delivering food throughout West Hollywood. Software engineer Dean Apostolopoulos said they will launch in Australia.
Source: dailymail.co.uk
United States: Procurant and Uber Freight transform product shipping
Procurant, a cloud-based software company transforming the global food supply chain, and Uber Freight US, one of North America’s largest freight managers reinventing the way goods move, have announced a partnership to provide an innovative shipping option to fresh produce retailers and suppliers. “This partnership is a game-changer for food retailers and their product suppliers, and will provide much-needed relief to an industry struggling with rising transportation costs and truck availability. With this partnership, we are one step closer to a more profitable and streamlined fresh produce supply chain,” said Eric Peters, CEO of Procurant.
Source: businesswire.com
United States: UNFI opens a cold distribution center in New Hampshire
United Natural Foods Inc. (UNFI) has expanded its Northeast coverage with the opening of a refrigerated distribution center in Londonderry, New Hampshire. The 125,000 square foot factory in Londonderry completed its first shipments to customers on October 3, UNFI said.
Source: supermarketnews.com
United States: Grubhub and the Gopuff team for nationwide delivery
Grubhub and gopuff have formed a partnership to bring Gopuff’s instant POS network to the Grubhub marketplace. A pilot has been rolled out in select cities in New York, Los Angeles, Chicago, Boston, Philadelphia, and Austin, Texas, with hundreds of Gopuff locations across the country coming to the Grubhub Marketplace in the coming weeks.
Source: progressgrocer.com
USA: Veggie Van tackles food deserts in Niagara County
The Veggie Van – actually a vegetarian trailer – hit the road in Niagara County in 2015 when Cornell Cooperative Extension (CCE) received the five-year “Creating Healthy Schools and Communities” grant from the Department of Health New York State. “We thought, hey, why not take the fruits or vegetables that are grown here in the county and bring them directly to places,” said Jen Regan, program manager for the Veggie Van. “Instead of having people come to a central place”. In 2021, the Veggie Van provided over 10,000 pounds of fresh produce to communities across Niagara County.
Source: news.cornell.edu
United States: Village Super Market, Inc. reports results for the fourth quarter ended July 30, 2022
Village Super Market, Inc. reported its operating results for the fourth quarter ended July 30, 2022. Highlights of the fourth quarter: net income of $12.6 million, an increase of 33% over 9, $5 million in the fourth quarter of the previous year. Adjusted net income of $12.3 million, an increase of 41% compared to $8.7 million in the fourth quarter of the previous year. Fiscal 2022 Highlights: Net earnings of $26.8 million, an increase of 34% from $20.0 million in fiscal 2021. Adjusted net earnings of $35.0 million, an increase of 85% from $18.9 million in fiscal 2021.
Source: globenewswire.com
United States: Buyk accepts offers to acquire assets
Buyk, the real-time retail grocery delivery service that launched in New York and Chicago in 2021, is seeking offers to acquire its intellectual property, technology and physical assets. Most of the physical assets are new and unused, having been purchased in 2021 and intended for use in all 39 Buyk stores by March 2022.
Source: businesswire.com
