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Top 5 - last week
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Mike Chapman, CEO Horticulture New Zealand:
NZ: "High vegetable prices, but is the grower making any more money?"Wet and wild weather inevitably brings enquires about whether or not the price of vegetables will increase in New Zealand. But the real determinant of the price of vegetables is how much demand there is, and can the supply keep up. It is a simple equation; less supply and more demand pushes prices up, and.....
Jerónimo Martins sales grow | Biedronka to open 100 new stores
Wal-Mart to allocate more capital to India and ChinaUK: Online grocery platform Farmdrop raises £7M Farmdrop, a farmer-friendly online grocery platform based in the U.K., has raised £7m in Series A funding. Leading the round is Atomico, a London VC fund. Originally launched in 2014 as a ‘click and collect’ service that let customers order groceries online.....
Singapore: FairPrice's bid to cut fresh produce waste pays off
Retailers: Fear of 22% tariff on EU food imports if no Brexit dealSwedish Axfood Q1 sales increaseThe Swedish retail and wholesale group Axfood reported consolidated net sales amounting to SEK 10,639m (€1,106m), an increase of 3.2%, and operating profit of SEK 397m (€41m), corresponding to an operating margin of 3.7% for this year's Q1. Net profit for the period was SEK.....
It's official: Amazon to enter AU | DIA, Eroski establish JV for private labels
Marks & Spencer says it plans to close 6 UK storesSA: Woolworths tops SA customer satisfaction indexThe latest South African Customer Satisfaction Index (SAcsi) for supermarkets, reveals that customers remain highly satisfied with the country’s major shopping retailers. With a substantially higher score than the industry average of 76.2, Woolworths achieved.....
Kroger targets sustainable and fair trade groceries
H-E-B turns to vertical farming | Strack & Van Til for saleUS: Save-A-Lot adding another Lidl veteranThe executive management of Save-A-Lot is adding a second veteran of Lidl, SN has learned. Kevin Proctor, who was among the leaders of Lidl’s Ireland team sent to the U.S. in 2013 to begin establishing a stateside presence for the German retailer, is joining the.....
Watchdog accuses UK grocers of overcharging farmers
HelloFresh is Europe's fastest-growing companyAustralian Aldi beefs up product rangeAldi is beefing up its product range and investing hundreds of millions of dollars in refurbishing its ageing East Coast stores as it attempts to regain stalling momentum. An Aldi spokeswoman said the discounter had already added 100 new products in the past two years,.....
Sweden: Netto opens stores with an emphasis on fresh
Weather boosts veg sales at Waitrose | Spar expands in SpainPerishables boosts growth of Portuguese retail sectorThe Portuguese retail sector (food and non-food) grew by 3% in 2016 over the previous year, reaching €19.52bn in sales volume. According to the sales report of the Portuguese Association of Distribution Companies (APED), the biggest contribution to this.....
Ahold Delhaize: 45% own-brand sales from healthy products by 2020
Carrefour's Q1 sales rise | CEO of big African grocer looking to EUSpanish Eroski signs deal with Kutxabank to support franchiseesSpanish retailer Eroski has signed an agreement with Kutxabank, a financial institution based in the Basque Country, to offer what it says are "advantageous financing conditions" to its franchisees. Eroski is seeking to exceed 100 franchised.....
Profit Pick n Pay rises 20% | Lidl to invest €70m in Portugal
Woolworths faces class-action lawsuit | Tesco's £129 fine approvedUS: Whole Foods pushed to consider a saleShares of Whole Foods Market jumped nearly 10% on Monday after activist investor Jana Partners took a nearly 9% stake in the company and suggested it should consider putting itself up for sale. Jana is attempting to engage with Whole Foods CEO John Mackey, sources.....
New produce packaging at Aldi | Asda again to sell produce of 'farm' brands
Tesco beats forecasts | Sainsbury's trials budget fruitJapanese Aeon plans big price cuts in groceryJapanese retailer Aeon Co is cutting prices for over 250 items ranging from milk to daily necessities to lure cost-savvy shoppers, underscoring the difficulty facing the central bank as it tries to spur inflation and coax consumers to boost spending. (Reuters)Aldi.....
Flipkart to re-enter grocery business | 'Tesco to report a return to financial health'
'Ocado to be hit hard' | 'Walmart's grocery policy pays off'Ireland: Independent grocers united to fight Aldi/LidlA Fora analysis of An Bord Pleanála documents has found that the Retail Grocery Dairy & Allied Trades Association (RGDATA) has tried to block the construction of 22 Aldi or Lidl supermarkets, as well as five unbranded ‘discount stores’, in the past.....
Tesco cuts down opening hours | Metcash fighting grocery market share loss
Tesco stops wasting carrots | Coles simplifies invoices7-Eleven to buy American Sunoco for $3.3bnSeven & i Holdings Co (3382.T) on Thursday said it would buy convenience stores and petrol stations from Texas-based Sunoco LP (SUN.N) for about $3.3bn, as the Japanese retailer accelerates efforts to boost its U.S operation. (Reuters)Tesco takes on supplier's.....
Kroger wins price war on produce | First M&S food-only in Dubai
Co-op posts strong FY | Auchan Russia invests $356mIrish court rules in favour of Aldi over trademark infringementIreland's Court of Appeals has ruled in favour of Aldi, in a case relating to a marketing campaign by rival chain Dunnes Stores, which the discounter said infringed its trademark. The Court upheld the original High court decision that advertising.....
Morrisons strongest of Big 4 | Carrefour Romania to source local produce