UK: Wrap sold in WH Smith recalled over E. coli fears
A third food manufacturer has recalled products over fears of possible contamination with E. coli. Manufacturer THIS! is recalling its plant-based chicken and bacon wrap, which is only sold at WH Smith. The Food Standards Agency (FSA) said it was a "precautionary step" and E. coli "has not been detected in the product". It comes days after two other suppliers, Greencore Group and Samworth Brothers Manton Wood, announced recalls of at least 60 types of pre-packed sandwiches, wraps and salads sold in major supermarkets. It is understood these were items containing salad leaves.
Source: bbc.com
Luxembourg: Revamped Colruyt Mersch to reopen on Wednesday 19/6
Colruyt Lowest Prices Mersch will reopen its doors on Wednesday 19 June 2024, after several weeks of renovation work. The butcher's section has been completely refurbished, the Collect&Go collection point expanded and the range of fresh produce in the fresh market upgraded.
Source: press.colruytgroup.com
India: On demand grocery delivery firm Zepto preps $650mln funding round to duke it out with Blinkit and Instamart
Indian rapid grocery delivery platform Zepto is set to raise $650mln from a combination of existing and new investors, taking its valuation to approximately $3.5bln. Leading the funding round are Nexus Venture Partners and StepStone Group, both of whom are existing backers of Zepto.
Source: retailtechinnovationhub.com
Italy: Conad Adriatico exceeds turnover of €2bln in FY 2023
Conad Adriatico, a cooperative spanning five regions in Italy, achieved a turnover of €2.13bln in 2023, representing a 6.6% increase compared to 2022. Consolidated net assets stood at €323.05mln, while the market share in its area of operation, comprising 473 stores, was 17.9%.
Source: esmmagazine.com
EC clears acquisition of Croatia's Fortenova by Pavao Vujnovac
The European Commission said it has approved the acquisition of sole control of Fortenova Group MidCo B.V., the Dutch holding company that fully owns Croatia's business group Fortenova, by Croatian businessman Pavao Vujnovac.
Source: seenews.com
UK: Sainsbury's completes transformation of flagship Cobham Superstore
Sainsbury's has taken its Cobham supermarket to the next level after completing a project to upgrade the entire store. The supermarket has been reimagined to showcase Sainsbury's latest product offer and state-of-the-art format design. Exciting new features to look out for in the store include: A brand new fresh food and produce hall.
Source: about.sainsburys.co.uk
Groupe Casino in talks with Auchan Retail France and Rocca to sell Codim 2
Groupe Casino has entered into exclusive negotiations with Auchan Retail France and Rocca to sell its Corsican subsidiary Codim 2. Codim 2 operates four hypermarkets, nine supermarkets, three cash-and-carry stores, and two drive-through outlets in Corsica, the company noted.
Source: esmmagazine.com
UK: Just Walk Out technology is coming to iconic London arena The O2 this summer
Amazon reported: "The O2 will be one of more than a dozen third-party locations in the UK to offer Amazon's Just Walk Out technology by the end of this year".
Source: aboutamazon.co.uk
UK: Aldi reveals list of more than 30 stores set for upgrades this summer
Over 30 Aldi stores across the UK will undergo refurbishments this summer, with the supermarket set to invest more than £90mln on store improvements throughout 2024. Over 100 stores located across the country are getting an upgrade this year - from Crewe to Cardiff and Didcot to Dumfries.
Source: aldipresscentre.co.uk
Germany: Aldi pursues aggressive pricing policy after growth year
Aldi Nord will be adopting a more aggressive pricing policy. After years of reorganisation and modernisation, which put promotions on the back burner, the discounter wants to live up to the name again. After all, investments are starting to pay off and profits rose significantly in 2023, reports Lebensmittel Zeitung.
Source: retaildetail.eu
Top 10 supermarket retail chains in Türkiye
Here's an overview of the top ten supermarket retail chains in Türkiye, according to their most recently-available full-year turnover. All data is supplied by Retail-Index: 1. BIM turnover: €7.05bln (2021) 2. Migros turnover: €5.65bln (2021) 3. SOK Market turnover: €2.84bln (2021) 4. Metro C&C turnover: €1bln (2021- estimated) 5. Carrefour turnover: €936mln (2021) 6. Bizim Toptan turnover: €717mln (2021) 7. A101 8. Ekomini 9. Onur 10. Hakmar.
Source: esmmagazine.com
US: Target announces voting results from 2024 Annual Meeting of Shareholders
Target Corporation announced voting results from its 2024 Annual Meeting of Shareholders held on June 12, 2024 ("Annual Meeting"). Shareholders elected all 12 nominees for the board of directors, ratified the appointment of Target's independent registered public accounting firm, approved the advisory "Say on Pay" management proposal, and rejected five shareholder proposals.
Source: prnewswire.com
Kroger enjoys growth across all banners in Q1
Kroger and its largest banners - Fred Meyer, Ralphs, Harris Teeter, Smith's, Fry's, King Soopers, and Food 4 Less - increased foot traffic year over year in early 2024, according to data analytics firm Placer.ai. The data group said in a recent blog post that the grocery chain's eponymous banner accounts for nearly half of all visits (47.4%) to its large roster of store brands.
Source: supermarketnews.com