Canada: Pandemic demand lifts comps at Loblaw
The pandemic is driving demand at Canada’s Loblaw Firms, because the grocery chain mentioned same-store gross sales each in-store and on-line rose impressively throughout the fourth quarter. For the quarter ended January 2, Loblaw reported income of $9.8bln. This represented a rise of $818mln, or 7.1% when in comparison with the fourth quarter of 2019.
US: The GIANT Firm and Rodale Institute announce new partnership
To help ecologically protected farming, sustainable retailing, and efforts to eradicate starvation, The GIANT Company introduced a brand new partnership with Rodale Institute, the main voice in creating options for the regenerative natural motion. Widely known as a founding father of the fashionable natural motion, Rodale Institute has been a worldwide chief in regenerative natural agriculture for over 70 years.
US: SpartanNash broadcasts fourth quarter and monetary 2020 monetary outcomes
SpartanNash Firm (the “Firm”) reported monetary outcomes for its 13-week fourth quarter and 53-week fiscal 12 months ended January 2, 2021. Fourth Quarter and Fiscal 2020 Highlights: Web gross sales development of 12.5% to $2.25bln for the quarter from $2.00bln within the prior 12 months quarter, and 9.5% to $9.35bln for the fiscal 12 months in comparison with $8.54bln within the prior fiscal 12 months.
US: Presidente Supermarkets to open 7 shops in 2021
Presidente Supermarkets has revealed plans to open 7 grocery shops throughout Florida this 12 months, primarily within the tri-county space (Palm Seaside, Broward and Dade counties), in accordance with a printed report. The Miami-based Hispanic impartial grocer already operates 31 shops within the state, the South Florida Business Journal reported, however the brand new shops are a part of its rebooted growth effort, which incorporates debuting places elsewhere in Florida.
Amazon Contemporary debuts its tenth retailer
Amazon Contemporary opened its tenth location in Fullerton, California, in accordance with a press launch. The 45,000-square-foot retailer, situated at 1100 S. Harbor Blvd., opens with an assortment of mainstream, native and personal label grocery objects together with ready meals. Offers embody 15-cent bananas, pizza slices for $1.79 and rotisserie chickens for $4.97. This marks Amazon Contemporary’s seventh retailer in California following current openings in Whittier and North Hollywood. The model additionally has 3 places within the Chicago space.
UK: Grocery store group Asda says 5,000 jobs in danger in restructuring
British grocery store group Asda mentioned it has began a session with 5,000 staff probably impacted by operational modifications to simplify the enterprise. Asda, now owned by the Issa brothers and personal fairness group TDR Capital, presently employs 145,000 individuals.
France: On line casino to spice up money, lower extra debt after 2020 core revenue rise
French retailer On line casino vowed to spice up its profitability and money circulate additional this 12 months and push on with its asset disposal plan to cut back money owed after reporting a 25% rise in 2020 working revenue partly helped by value financial savings. On line casino achieved a 2020 group working revenue of 1.426bln euros ($1.74bln), up 25.2% at fixed change charges, helped by value financial savings and better gross sales in high markets France and Brazil. Whole gross sales rose to 31.9bln euros, up 8% on a same-store foundation.
Germany: Kaufland formally enters the world of ecommerce
Subsequent month, Kaufland will formally enter the world of ecommerce. For the primary time, the German hypermarket chain will probably be seen as a brand new operator on the earlier on-line market of Actual, the corporate it acquired in June final 12 months.
UKL: Lidl hits retailer hat trick in London
Lidl has opened 3 new supermarkets in Richmond, Putney and Tooting as a part of its £500mln growth programme for London. Lidl GB’s Regional Head of Property, Henry Neel, commented: “It’s improbable that regardless of the difficult circumstances we’ve been capable of proceed our funding in South London and allow much more of the area people entry to our prime quality and reasonably priced produce”.
Holland: Grocery store begins petition to decrease VAT price on fruit & veg
Grocery store chain Dirk van den Broek launched a petition to decrease the VAT on fruit and greens from 9 to six%. In accordance with the grocery store, the low VAT price improve of 2019 resulted in wholesome consuming changing into costlier than many unhealthy options. “Excessive time for motion”, Marcel Huizing, common supervisor of Dirk van den Broek, mentioned to AD.
Spain: DIA narrows 2020 loss after reorganisation programme
Spanish grocery retailer DIA mentioned its web loss narrowed in 2020 as a enterprise reorganisation helped offset the detrimental results of the COVID-19 pandemic. DIA’s web loss was 364mln euros ($443.2mln) in comparison with 791mln euros in 2019, the corporate mentioned. The administration attributed the smaller loss to a programme that included closing some shops, focussing on contemporary produce and giving extra leeway to retailer managers and franchise holders.
UK: Waitrose helps combat starvation with new trial that delivers surplus meals to weak households straight from the farm
Waitrose galvanises its suppliers to assist divert over 5mln surplus apples, carrots, mushrooms, sprouts and extra from its farms to meals charity FareShare.
Luxembourg: Grocery store chain MATCH selects Openbravo to drive its provide chain transformation and enhance customer support
The MATCH chain of supermarkets in Luxembourg has applied Openbravo WMS, a element within the Openbravo Commerce Cloud platform, as a key constructing block of the transformation of its provide chain. The retailer, a part of Louis Delhaize SA meals retail group, wanted a extra subtle warehouse administration answer to help the modernization of its warehouse operations, which deal with 20,000 SKUs and provide 28 shops in Luxembourg.
China: Suning.com says shareholders plan to promote as much as 25% stake
Chinese language retailer Suning.com mentioned shareholders plan to promote 20% to 25% of the corporate to unnamed patrons which could result in a change in management as its guardian seeks to boost money. The corporate mentioned it was notified of the stake sale by its founder Zhang Jindong and its guardian Suning Equipment Group, who respectively maintain a 20.96% and 19.88% stake within the agency. Suning.com’s different shareholders embody e-commerce big Alibaba Group.
Spanish grocer Mercadona in talks to promote 30 shops to MDSR
Mercadona, Spain’s largest grocery store chain by market share, is in talks to promote about 30 shops to Israeli fund MDSR Investments. The portfolio is a part of a 36-store package deal of properties Mercadona placed on sale final 12 months for 200mln euros ($243mln), an organization spokeswoman mentioned. Individually, Mercadona bought a package deal of 27 shops with a 15-year leaseback to LCN Capital Partners for 180mln euros final 12 months. A spokeswoman for MDSR declined to touch upon the talks.
UK: Sainsbury’s unveils new model slogan as it’s named Principal Grocery store Accomplice of COP26
Sainsbury’s will take a number one function in serving to buyers enhance their diets whereas serving to to cut back their impression on the atmosphere one plate at a time. In late spring, the retailer will retire its ‘Stay Nicely for Much less’ model motto and launch its new mission, specializing in ‘Serving to Everybody Eat Higher’ and can share extra with its colleagues and clients on what this implies for them within the coming months. The retailer has additionally been introduced because the Principal Grocery store Accomplice for the United Nation’s worldwide local weather change convention, COP26, happening in Glasgow in November.
— to www.freshplaza.com