Walmart's largest private label launch in 20 years is all about plant-based, free-from & better-for-you
Walmart has launched Bettergoods, a private-label brand that focuses on trend-forward, chef-inspired foods traversing better-for-you and free-from products that don't cost the earth.
Source: greenqueen.com.hk
US: ShopRite opening new store in New Jersey
A new ShopRite grocery store is coming to South Plainfield, New Jersey, on May 8. The grocer, which is a banner of retailer-owned cooperative Wakefern Food Corp., is holding a ribbon-cutting ceremony at 7 a.m. on opening day of the 93,000-square-foot store.
Source: supermarketnews.com
US: Kroger makes celebrating Mom even easier
Kroger reported: "The Kroger Co. shared it is making Mother's Day celebrations extra special with thoughtful and convenient gift ideas to mark the holiday. A Mom-Worthy Brunch: Pull out all the stops to celebrate mom with an epic brunch spread in tribute to the special day including: Le Terra Fina Quiche, Private Selection Croissant Loaf, Private Selection Cinnamon Rolls, Chocolate Dipped Strawberries, a French Toast Board, Fresh Watermelon and La Marca Prosecco".
Source: prnewswire.com
Amazon sees e-commerce recovery: 7% sales uptick
Amazon reported 10.4bln dollars (9.7bln euros) in profit on sales of 143.3bln dollars (133.6bln euros), sharply higher than the 3.2bln dollars in profit and 127.4bln dollars in sales a year earlier. It marks a turnaround for the technology giant, which had been facing economic and competitive pressures over the previous two years.
Source: retaildetail.eu
Belgium: Lidl aims to double plant-based sales with price cut
Lidl Belgium is permanently lowering prices of plant-based protein products to the level of the animal variant. The retailer will also expand its range and aims to double sales by 2030.
Source: retaildetail.eu
Retail technology firm and food waste prevention specialist Gander launches in Australia with SPAR
Since making its debut in Australia in July 2023, the SaaS company has launched with independently owned SPAR Chevron in the Gold Coast. Operated by Managing Director Nash Attwal, it is the first store within the SPAR Australia network to partner with Gander.
Source: retailtechinnovationhub.com
UK: Asda to invest £70mln in cutting the price of shopping
Asda has announced new price cuts on 126 essential items worth £70mln as part of its ongoing efforts to reduce the price of shopping for its customers. Asda Strawberries 400g Base £2.50 New £2.00 Price reduction -20%; Asda Raspberries 250g Base £3.19 New £2.69 Price reduction -16%.
Source: corporate.asda.com
UK: One Stop retailer reports sales up by £500,000 as online delivery booms
A One Stop franchisee is claiming a £500,000 boost to his store turnover in less than 12 months after embracing online sales. Anish Panchmatia, who runs a 3,000sq ft store in Sutton Coldfield, Birmingham, said: "The shift to developing our online sales has allowed us to reach thousands of new customers beyond our traditional trading area, some up to five miles away. This has not only helped us keep pace with evolving shopping habits, but also significantly increased our turnover".
Source: talkingretail.com
UK: Waitrose launches new PlantLiving products to cater to rising flexitarian eating habits
As flexitarian eating continues to surge in popularity, Waitrose is excited to announce the launch of 12 new PlantLiving products, specially crafted to meet evolving dietary preferences including less soya protein and more of the GOOD stuff - vegetables, beans and pulses.
Source: johnlewispartnership.media
UK supermarket Asda refinances over $4bln of debtBritish supermarket Asda has refinanced over 3.2bln pounds ($4.0bln) of debt, pushing out the majority of its maturities into the next decade, it said. Asda, the UK's third-largest grocer, is owned by brothers Zuber and Mohsin Issa and private equity firm TDR Capital.
Source: reuters.com