Net revenue

53% increase in net sales year over year

UK food price inflation at highest since December 2011: Kantar
Grocery price inflation in the UK currently stands at 5.9%, its highest level since December 2011, according to the latest market share data from Kantar. In the 12 weeks to April 17, Kantar said UK supermarket sales were down 5.9% from the same period last year, while sales were also down from at the same period 2 years ago, by 0.6%.
Source: esmmagazine.com

China: MissFresh Triples Inventory and Accelerates Delivery Efforts to Meet Growing Consumer Demand
After some COVID cases in Beijing and massive COVID-19 testing across most of the city, residents have been shopping for food and other vendors amid fears of a surge in cases. Missfresh Limited (“Missfresh” or the “Company”), a pioneer in the convenience retail industry in China, has tripled its stock volume to meet consumer demand during this difficult time. With over 200 tonnes of ‘livelihood essentials’ such as meat, eggs, vegetables and fruit, Missfresh customers can access fresh produce.
Source: prnewswire.com

China: JD.com multiplies by 3 to 5 its inventory of basic necessities in Beijing
As several COVID cases have occurred in Beijing since April 24, JD.com has increased the inventory of daily necessities by 3 to 5 times the usual amount to ensure adequate supplies in the capital. JD’s SEVEN FRESH omnichannel supermarket has tripled its stock from the usual amount as part of the epidemic response mechanism. JD’s daily life shopping platform Jingxi mobilized its fruit and vegetable suppliers from Shandong, Henan, Hainan, Yunnan provinces and other partner production bases, and purchased 1 000 tons of fresh produce to more than 500 large farms to ensure supply from Beijing.
Source: jdcorporateblog.com

Hungary: SPAR invests around 28.3 million euros in its store network
SPAR Hungary modernized 2 INTERSPAR hypermarkets and 2 SPAR supermarkets and opened a new supermarket in Budapest. SPAR Hungary’s ongoing modernization program focuses on offering a wide range of products in a modern business environment, providing high quality customer service and reducing environmental impact. The investment in the last 5 stores totaled around 28.3 million euros.
Source: spar-international.com

South Africa: Shoprite and the Nelson Mandela Foundation sow seeds of hope with garden starter kits
Shoprite, in partnership with the Nelson Mandela Foundation, has distributed 200 Garden-in-a-box starter kits to Orange Farm, Mpumalanga, to ensure greater food security in this community. Each kit, handcrafted by Reel Gardening – a social enterprise that creates employment opportunities for previously unemployed mothers, contains a variety of essential garden resources, including seeds and fertilizers to produce enough herbs and vegetables to feed a family of 4 for a year.
Source: shopriteholdings.co.za

Singapore: Sheng Siong sees 13.9% increase in first-quarter profit, but warns demand could decline with reopening
Supermarket chain Sheng Siong reported a stronger set of results for its first quarter of fiscal 2022 despite the reopening of Singapore, higher administrative costs and lower government subsidies. Sheng Siong posted revenue of $358.0 million for the quarter, up 6% year-on-year, while net profit rose 13.9% to $35.2 million, in up from $30.9 million in 1QFY2021.
Source: theedgesingapore.com

Czech Republic: Online grocer Rohlik sees 53% increase in revenue as expansion gathers pace
Rohlik Group posted a 53% year-on-year increase in net revenue to 490 million euros ($522 million) in its latest fiscal year, the company said, as the Czech company of Online grocery delivery is building on a European expansion spurt. The group, founded in 2014 by entrepreneur Tomas Cupr, will end its fiscal year in April with more than a million customers, he said, after launching operations in Germany last year, adding existing markets in the Czech Republic, Austria and Hungary. It plans to start in Italy, Romania and Spain in 2022, as well as expand further in Germany.
Source: Reuters.com

Italy: Maiora relaunches 2 modernized INTERSPAR Hypermarkets and a DESPAR Supermarket
The regional retailer SPAR Italy Maiora has reopened 2 INTERSPAR hypermarkets and a DESPAR store in Calabria, after their complete renovation. Investing in modernization is part of Maiora’s store network development programme. The permanent objective of the company is to strengthen the presence of the SPAR brand in Calabria. In this region, Maiora operates 85 stores, including company-owned and independent stores.
Source: spar-international.com

United States: Tops promotes Jeff Cady to vice president of products and flowers
Tops Friendly Markets has promoted Jeff Cady to Vice President of Products and Flowers at the Shared Services Center (SSC), which supports Tops and Price Chopper/Market 32 ​​following a merger last fall. the supermarket based in Williamsville, New York. advertised channel.
Source: winsightgrocerybusiness.com

US food retailer SpartanNash sparks acquisition interest – sources
United Natural Foods Inc and Oak Street Real Estate Capital are separately working on deals for U.S. food retailer SpartanNash Co, people familiar with the matter said. SpartanNash competitor United Natural Foods is considering an offer to buy the entire company, the sources said. Oak Street, a Chicago-based investment firm, reached out to SpartanNash last month to reiterate its interest in buying up to $1 billion in real estate from the company, shortly after 2 investors Activists began pushing SpartanNash to explore changes, including putting themselves up for sale, the sources added. There is no certainty of a deal, said the sources, who asked not to be identified in order to discuss the private conversations.
Source: Reuters.com

New Amazon Go format debuts
Amazon has opened its first larger-format Amazon Go cashierless convenience store, a 6,150-square-foot location in suburban Mill Creek, Washington. Located at 13209 39th Ave. SE, Suite 101, at Mill Creek, the new Amazon Go has approximately 3,250 square feet of front-front retail space. The total size of over 6,000 square feet makes the latest Go concept much larger than the current 25 Amazon Go stores, which range from 450 to 2,700 square feet at the front.
Source: supermarketnews.com

Canada: Giant Tiger partners with Instacart for same-day delivery
Many Giant Tiger customers can now order groceries and other household essentials online and have them delivered the same day, thanks to a new partnership with Instacart. The fast-growing discount retailer announced that the service would be available in more than 180 of its 260 stores, with shoppers able to place their orders from the Giant Tiger storefront on Instacart or through the Instacart app.
Source: Canadiangrocer.com

United States: Wegmans is about to enter Long Island in New York
Wegmans Food Markets is in growth mode and will make its grand debut on Long Island, New York with a 100,000 square foot location slated for construction in Lake Grove. The grocer has yet to set a schedule for construction and opening. The new store will be located on an existing DSW plaza where Wegmans purchased 8.5 acres.
Source: progressivegrocer.com

More than half of Ecuadorian companies have developed e-commerce platforms from 2020 to date
53% of companies in Ecuador have integrated, more frequently from 2020 to date, mobile applications, the development of e-commerce platforms, chatbots and interactive catalogs to digitize their businesses, according to Justo Ecuador, a company responsible for the creation self-managed e-commerce platforms.
Source: ecuadortimes.net