Fresh groceries 38% of total growth of EU FMCG Market
Publix to expand GreenWise banner | Tops' sales increase
Tesco could be forced to sell hundreds of small high-street stores amid rising concern from rivals that its £3.7bn merger with Booker will give it a stranglehold on the grocery industry. Senior industry sources have said that the deal will hand the enlarged company too much influence over the country’s food supply. However, any disposals to get around this would have to come from the supermarket, in the shape of its Tesco Express stores, because the wholesaler Booker doesn’t actually own the large bulk of shops in its huge network. Please, click here to read more at telegraph.co.uk.
Fresh groceries accounts for 38% of total growth of European FMCG Market
Consumers in Western Europe last year spent an extra €4.3bn on FMCG in the grocery retail channel, an increase of 0.9% compared to 2015. The data, from Nielsen’s Strategic Planner, relates to the nine major markets (UK, France, Germany, Italy, Spain, Belgium, the Netherlands, Austria and Portugal). Packaged fresh foods grew, often at the expense of bulk fresh products, while the increased consumption of alcoholic beverages is mainly attributable to the decrease in prices. (esmmagazine.com)
US: Publix to grow its GreenWise store banner
Publix Super Markets, Inc. announced the company’s plan to reignite the GreenWise store concept. The first newly redesigned GreenWise will be located near Florida State University in Tallahassee, Florida, and is expected to debut in late 2018. “We are committed to being the retailer of choice for consumers who are looking for specialty, natural and organic products,” the retailer said. “Over the past several years, we have gained valuable insights from our existing GreenWise locations. By combining these learnings with customer feedback and market trends, we are better positioned to deliver on our vision of being the best at serving the evolving lifestyles of today’s consumer.” (businesswire.com)
US: Tops holds steady in Q4, F16
Tops Holding II Corp. the indirect parent of Tops Markets LLC, has reported an inside-sales increase of $28.3m, 5.4%, for the fourth quarter ended Dec. 31, 2016, when excluding the extra sales week in fiscal 2015. Full-year inside sales were up 2.4% to $2.3bn, excluding that extra week. The company also added nine supermarkets during 2016, for a total of 172 stores at the end of the year. (progressivegrocer.com)
Falling food prices create a challenge for Tops
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Publix, H-E-B top supermarket customer experience survey
Two regional grocers beat all the competition in and out of their category in a survey of customer experiences across 20 different industries. Publix Super Markets and H-E-B deliver the best customer experience in the supermarket industry, according to the 2017 Temkin Experience Ratings, an annual customer experience ranking of companies. With a score of 84%, Lakeland, Florida-based Publix not only received the highest score in the supermarket industry, it received the highest score in the entire ratings, ranking first out of 331 companies across 20 industries. (drugstorenews.com)
Migros named Swiss company with ‘best reputation’
Swiss retailer Migros has been named at the top of the GfK Business Reflector list for 2017, which measures the leading Swiss companies in terms of reputation. It’s the fourth year in a row that the Swiss group has topped the list, and the sixth time in the past decade. (esmmagazine.com)
Croatia's Agrokor and creditors set to implement standstill agreement
Croatia's heavily indebted food and retail group Agrokor and a board of creditors have agreed "in principle" on the main elements of a standstill agreement which they expect to sign soon, Erste Bank said in a statement. Agrokor, the largest private firm in Croatia and the biggest employer in the Balkans with around 60,000 workers, built up debts of about 45bn kuna ($6.5 bln), or six times its equity, as it expanded rapidly. (Reuters)
Fruitday partners with offline Shanghai retailer City Shop
China’s leading fresh produce e-commerce platform Fruitday (天天果园) recently announced a strategic partnership with Shanghai’s brick-and-mortar fresh produce store City Shop (城市超市). (producereport.com)
US: Wawa renews strategic relationship with Nielsen
Wawa Inc. is the latest convenience store chain to renew and expand its contract with Nielsen for data insights and analytics. Nielsen will now cover metrics for all Wawa c-stores, expanding its retainer of services and increases its depth of regional coverage for locations in the Tampa, Fla., Richmond/Fairfax, Va., and Baltimore/Washington D.C. markets. (csnews.com)
German court sets three month deadline for Metro breakup decision
A German higher regional court in Duesseldorf said on Friday it would decide within three months whether or not to allow retailer Metro to continue with a planned breakup while lawsuits by shareholders against it are still pending. Metro shareholders voted overwhelmingly last month to back a plan to split off the group's wholesale and hypermarket food business from Media-Saturn, Europe's biggest consumer electronics group, this summer. (Reuters)
UK: Inside the new Lidl warehouse (VIDEO)
A new Lidl distribution centre has opened its doors in the Black Country – serving more than 50 stores and creating around 450 jobs.
Norway: NorgesGruppen's revenue up
NorgesGruppen has reported its results for 2016, reporting that revenue increased by 5.2% to NOK 80,162m (€8.8bn). Profit after tax grew by 4.4% to NOK 2,465m (€269m). During 2016, the retailer established 33 new Kiwi discount stores and is planning to introduce a further 25 in 2017. The retailer noted that the pace of expansion will not continue as quickly as before. The growth of online grocery during the year outpaced that of the retailer’s traditional stores. The retailer now offers online through its Meny and SPAR stores, while the service is expected to expand to the Joker format shortly. (igd.com)
Germany: Koch to head up Metro AG until at least 2022
Current Metro Wholesale & Food Specialist AG chief executive Olaf Koch will continue to lead the group until at least 2022 following the signing of employment contracts for the management board of the renamed Metro AG business. (esmmagazine.com)
Norway: REMA 1000 boosts result of Reitangruppen
Reitangruppen turnover increased by 4.26% to NOK 89.21bn (€9.95bn). This was largely driven by its discount banner, REMA 1000, which also operates in Denmark. REMA 1000 turnover increased by 7.05% to NOK 67.8bn (€7.56bn). (ing.com)
Retailer in focus: DIA in Latin America
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