US: Instacart adds juice and snack maker Pressed as brand’s latest storefront
Instacart has partnered with Pressed, a maker of cold-pressed juices and plant-based snacks, to provide e-commerce processing for the brand in areas where it has stores, according to information in an announcement by email and an Instacart spokesperson. Pressed is now available for under-hour delivery via Instacart in Southern California and Dallas, Houston and Austin, Texas, and plans to expand the partnership “in the coming months.” Instacart’s latest pilot comes at a time when the e-commerce company is looking to diversify the offerings on its platform.
United States: SpartanNash acquires Shop-N-Save Food Centers
Grocery distributor/retailer SpartanNash has purchased Shop-N-Save Food Centers, a three-store supermarket chain in northwest Michigan. Financial terms of the agreement were not disclosed. SpartanNash said the transaction is complete and Shop-N-Save stores in Benzonia, Fremont and Ludington, Mich., have been converted to the Family Fare banner, which is part of the distributor’s retail grocery business segment. .
Auchan inaugurates the first supermarket in Ivory Coast
French retailer Auchan has inaugurated its first supermarket in Ivory Coast and plans to open four convenience stores by the end of the month. The first point of sale, with an area of 900 square meters, is located in the commune of Cocody in Abidjan. The four MyAuchan points of sale will open their doors by the end of this month, including one in Cocody and Abobo and two in Yopougon.
Belgium: Profits at discount chain Colruyt plummet as inflation and tough competition take their toll
Supermarket chain Colruyt reported a 25% drop in profits for the year as a whole, citing high inflation, falling volumes at grocery stores and growing market competitiveness in terms of prices and promotions. Colruyt, known for its chain of discount supermarkets, said its net profit fell to 288 million euros ($299.98 million) in the financial year ended March 31, from 385 million euros a year earlier, excluding one-off effects. The group had anticipated a “significant to sharp drop” in annual profit.
Egypt: Spinneys opens a second store along the northern coast
For the second time on the North Coast, Spinneys held a launch event to celebrate the opening of yet another new store in Alamein. Located in Marina Valley just across from Marina Gate 5, the new store features an in-store bakery, gourmet deli and cheese counter, poultry and meat section, and fresh fruits and vegetables sourced directly from Alexandria nearby to guarantee the freshness of the production section.
India: Swiggy’s Instamart is a hit but grocery store entry may become Zomato’s ‘poison pill’, report says
Zomato is re-entering the grocery delivery segment for the third time by acquiring fast-commerce player Blinkit (formerly known as Grofers). Earlier, in April 2020, Zomato ventured into the grocery delivery business but later pulled out due to a huge logistical mess. Again in July 2021, he took a chance and ended up burning millions of cash. Meanwhile, rival Swiggy comfortably continued Instamart services on its platform for two years. “We claim for Zomato that starting a grocery business will work like a ‘poison pill’. This would require a reasonably high investment and therefore cash burn and would also be a significant logistical challenge to execute, but Zomato still cannot afford not to do so,” said an HSBC report.
Belgium: Buyer found for Metro and Makro
Metro Belgium convenes a special works council. On the agenda: the sale of the catering wholesaler Metro and the cash & carry chain Makro. It is not yet known who the buyers are. According to the economic newspaper De Tijd, a buyer (or buyers?) has already been found.
Germany: Edeka collaborates with Naturland to strengthen its organic offer
Edeka has announced that it is entering into an alliance with Naturland with the aim of expanding its organic offer. The collaboration will see the addition of around 40 new regional and international Naturland-certified products to the retailer’s Naturkind and Edeka Bio range. With more than 140,000 farmers in 60 countries around the world, Naturland is one of the largest international associations for organic farming in Germany.
France: Casino offers four offers for GreenYellow’s energy business – source
French retailer Casino has received four preliminary offers of around 1.5 billion euros ($1.56 billion) each for its renewable energy business GreenYellow, including one from Ardian, a source familiar with the matter said. the case.
The Flashdeal Outspot online store enters the Spanish market
The Belgian online shop of flashdeal Outspot becomes one of the largest European platforms of this type. Following the acquisition of the Spanish MeQuedoUno, the Belgians are active in ten countries.
Lidl sues Tesco for stealing its logo
Lidl is set to take Tesco to court over claims the UK’s biggest supermarket ripped off its brand logo to promote its Clubcard loyalty scheme. The grocery giants are expected to spend £2.35m to take the case to court.
Italy: Conad Centro Nord sees its market share increase in 2021
The Italian cooperative Conad Centro Nord achieved a turnover of 1.85 billion euros in 2021, up 4.4% compared to the previous year. It plans to reach 2 billion euros in 2022. The cooperative’s market share increased by 0.13%, to 7.56%, in the regions where it operates: Emilia-Romagna and Lombardy. Consolidated profit amounted to €27.9 million, while shareholders’ equity reached €351.2 million, up €43 million year-on-year.