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Australian online grocer to fight Coles and Woolworths

Germany: Future of Kaiser's Tengelmann seems to be assured
The future of the shops of the German supermarket chain Kaiser's Tengelmann seems to be assured. Edeka takes affiliates later this year, and will then transfer a significant portion of competitor Rewe. The news was reported by DPA news agency on Tuesday on the basis of a letter from the president of the board of Kaiser's. (distrifood.nl)

Tesco to take on Aldi and Lidl with price matching scheme
Tesco is set to take on Aldi and Lidl again with a promise to match prices on thousands of the two discount supermarkets' own-brand products. Under the new plans the supermarket says it wants to benchmark the quality and price of its own-brand range with at least 60% of comparable Aldi and Lidl products. However, the supermarket’s premium range will not be part of the new benchmarking system. (home.bt.com)

Aldi and Lidl hike banana prices as pound's fall bites
Discount chains Aldi and Lidl have begun putting up the price of basic groceries, including milk and bananas, as the squeeze from the Brexit-driven fall in the value of the pound hits. A pack of bananas is up to 72p from 68p – an increase of about 6% – putting them on a par with the major supermarkets, which sell 1kg of loose bananas for about 68p. Aldi said it was still selling loose bananas for 68p per kg but had changed the way it priced packs of bananas from 68p for a 1kg bag to five bananas for 72p. It said this still made it the cheapest in the market, or 8p less than a five-banana pack at Tesco, which had the lowest prices of the big four. Please, click here to read more at theguardian.com.

Lidl making progress toward American debut
Lidl US is now seeking supervisors for stores in 20 markets, another indication the German discounter is making progress toward an American debut. Store supervisors report to store managers or assistant managers and have responsibility for overseeing hourly employees at Lidl stores. Although supervisors would typically be hired by store managers assigned to local stores, a Lidl spokesman told SN Monday that that wasn’t necessarily the case in this instance. (supermarketnews.com)

Food-To-Go market expected to grow significantly, says IGD

The food-to-go market in the UK could be worth as much as £21.7bn by 2021, up from £16.1bn this year, according to data from IGD. The group said that 'food-to-go specialists have been growing their scale and impact across the UK and will be the strongest climbers, with a predicted worth of up to £7.1bn in five years'. It expects that supermarkets and hypermarkets are also likely to increase their food-to-go ranges, to be worth up to £1.4bn over the next five years. (esmmagazine.com)

Online grocery store heads to Sydney to compete with supermarket giants
NSW shoppers now have an online alternative to Coles and Woolworths, with The General Store now open for business. The General Store is an online-only supermarket developed by the team behind Aussie Farmers Direct, carrying over 4,000 grocery brands. It promises low prices and hundreds of specials and ‘bulk buys’ not available in supermarkets. The range complements the hundreds of fresh produce lines sold through Aussie Farmers Direct, and gives customers an online alternative to Australia’s supermarket duopoly. (foodmag.com.au)

South-America: Cencosud reports mixed Q3 results

Cencosud S.A. one of the leading South American retailers with operations in Chile, Argentina, Brazil, Peru, and Colombia, today announced its consolidated financial results for the third quarter of 2016. Please, click here to read more.

US: Dollar Tree raises outlook as earnings soar
Dollar Tree on Tuesday reported a third-quarter profit that more than doubled compared to last year, amid lower merchandise and freight costs. The retailer also lifted its guidance for the fourth quarter. Dollar Tree’s net income for the quarter, ended Oct. 29, rose to a better-than-expected $171.6m, up from $81.9m in the year-ago period. The prior year included some charges and markdowns related to the Family Dollar business, which Dollar Tree acquired in 2015. (chainstoreage.com)

Supermarket prices 'to rise by 5%'
Prices in the UK's supermarkets will rise by at least 5% over the next six months, according to the former boss of Sainsbury's. Justin King thinks that, after years of the cost of the weekly shop barely moving, we should expect to see inflation return. Mr King told Newsnight that the fall in the value of the pound would cause "a profound change" for supermarkets. (BBC)

Kroger should do more to reduce toxic chemical use, study shows

Kroger Co. rates among the retailers doing the least to cut out the use of toxic chemicals, according to a new study completed by a group that aims to protect families from harmful chemicals. Please, click here to read the article.

Couche-Tard says store rebranding has boosted Europe traffic
Alimentation Couche-Tard Inc. says its decision to rebrand all its convenience stores outside Quebec under the Circle K banner is having a surprise effect in Europe: More people are visiting its revamped locations there than before. (theglobeandmail.com)

Italy: Crai to acquire Pellicano fascia
Gruppo Crai has acquired the Pellicano supermarket chain, with the aim of relaunching and revitalising the brand for a wider roll out. Crai said it would look to develop three formats under the banner: a small proximity store, measuring between 200 and 399 sq. m; a traditional supermarket, between 400 and 799 sq. m and a small number of supermarkets over 800 sq. m. The brand would be expanded through franchising. One store has been opened under the fascia, with a further seven planned for 2017. (igd.com)

Belgian Colruyt to innovate with larger Okay store

Colruyt is set to trial a new, larger version of its Okay banner after a planning application suggested that it planned to open a 600 sq. m store in Opwijk. The retailer confirmed it had applied for the planning application but that it was in its initial stages of development and was, therefore, unlikely to be built until 2018. Colruyt said it would release further details of the format in the medium term but an urban version of the banner will provide it with a range of opportunities to add the banner in locations previously unavailable to it. (igd.com)

Sainsbury’s supports sustainable Agriculture in the Peruvian desert
Please, click here to read the article.

French Auchan opens first MyAuchan store
Auchan has converted its first A2 Pas to the MyAuchan banner, marking a step in its aim to build a single identity around the strength of the Auchan brand. The proximity fascia will be used to target local demographics with an adapted assortment, focused on food-to-go, which is supported by an in-store dining area. (igd.com)


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