Germany: REWE Group's deputy chief executive Jan Kunath to step down
Jan Kunath, the deputy chief executive officer of Germany's REWE Group, has decided to leave the company at the end of 2025. Kunath's responsibilities will be transferred to other members of the REWE Group executive board to ensure a smooth transition and his position will not be filled, the company noted.
Source: esmmagazine.com
FairPrice Group announces second wave of Return Vouchers for 2025 as Singaporeans step up last minute CNY shopping
Since the start of 2025, FPG has announced a series of initiatives to help Singaporeans maximise their savings. These include a price freeze and exclusive deals on popular CNY seafood, pork, and vegetables throughout the festive season; a 6% discount for CHAS Blue and Orange cardholders on Thursdays and Fridays respectively across all FairPrice and Unity outlets for the first 60 days of 2025; and limited time promotions on festive staples such as hotpot ingredients and mandarin oranges.
Source: fairpricegroup.com.sg
Iceland Foods to open first Alliance The Food Warehouse store outside UK
Iceland Foods is gearing up to open its first-ever international Alliance The Food Warehouse landmark store in Guernsey on the 23rd January. Situated on Braye Road, the existing Alliance store is set to reveal a dual branded fascia revamp with The Food Warehouse branding.
Source: channeleye.media
Woolworths NZ managing director Spencer Sonn resigns
The local head of supermarket giant Woolworths is leaving the company. Managing director Spencer Sonn will depart at the end of March after four years with the Australian owned chain.
Source: rnz.co.nz
UK: New Asian supermarket opens in Acocks Green with authentic produce and food counters
Asian supermarket Opus Foods has recently opened a new store on Warwick Road. A one-stop shop for all your Asian grocery needs, Opus Foods offers fresh produce, spices, snacks, butchery, and more.
Source: birminghammail.co.uk
UK: Nisa retailer boosts weekly sales with Co-op ready meals
Nisa Local Torridon Road in South London has reported a 30% increase in chilled sales following the addition of Co-op ready meals to its range. The store's owner Kaual Patel credits the uplift of £6,000 per week in chilled product sales to the quality and appeal of the Co-op range and the store's recent refurbishment.
Source: talkingretail.com
Norway: Coop announces NOK 1.41bln in dividends for FY 2024
Coop Norway will pay NOK 1.41bln (€120mln) in dividends to its members for its financial year 2024. The cooperative has also offered coupon and member discounts amounting to NOK 1.57bln (€130bln) in this period.
Source: esmmagazine.com
Poland: Intermarché appoints new president, reshuffles management board
Intermarché Poland has appointed Adrian Podziemski as its new president and reshuffled its management board as part of its efforts to consolidate its market position. Podziemski owns three Intermarché supermarkets and has extensive experience in the retail market and customer needs.
Source: esmmagazine.com
Stock up and save on Ramadan deals at Asda
Asda reported: "Asda is helping shoppers to get Ramadan ready by revealing market-leading offers across dozens of trusted brands and cupboard essentials. For those home-cooked, traditional dishes, shoppers can save on staples such as 400g tins of KTC Chopped Tomatoes and KTC Chickpeas, both priced at 42p".
Source: corporate.asda.com
US: Grocery Outlet taps Fresh Market veteran as president, CEO
Grocery Outlet named industry veteran Jason Potter as its new president and CEO, filling a position that was vacated last October by the abrupt departure of RJ Sheedy. Potter has been the CEO of The Fresh Market since 2020, and before that he spent 26 years in leadership roles at Canadian supermarket operator Sobeys.
Source: supermarketnews.com
Amazon exits Quebec operations, to cut about 1,700 jobs; Ottawa unhappy
E-commerce giant Amazon.com is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time jobs, the company said, prompting Ottawa to express its unhappiness.
Source: reuters.com
US: Organic produce enters the merchandising mainstream
Shoppers' interest in their personal well-being is merging with a stronger focus on the health of the planet and society, and that is creating a greater demand for organic fruits and vegetables, said Sherry Frey, Vice President, Total Wellness at NielsenIQ, a New York-based consumer intelligence firm.
Source: supermarketnews.com
US: SpartanNash to close four supermarkets
SpartanNash plans to close four supermarkets during the coming weeks, a spokesperson for the Midwestern grocery company confirmed by email. The closures, which involve three Family Fare locations and a VG's Grocery store, will result in more than 120 layoffs, according to notices the company filed with regulators.
Source: grocerydive.com
US: SEC charges GrubMarket with overstating revenue to investors by more than $500mln
The Securities and Exchange Commission announced settled charges against GrubMarket Inc., a private, California-based e-commerce food distributor, for providing investors with financial information that the company should have known was unreliable and that overstated its historical revenues by approximately $550mln.
Source: sec.gov
US: Dollar General cuts 60 employees at Tennessee HQ amid financial struggles
Fortune 500 firm Dollar General Corp. laid off about 60 corporate employees at its Goodlettsville, Tennessee headquarters as it restructures operations, a company spokesperson confirmed to The Tennessean.
Source: eu.tennessean.com