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Grocers lead retail sector in balancing profit pressure, planet and price rises

A1 Retail

By Gurpreet Gujral, Fund Manager and Head of Renewables at Atrato Partners With lower food price inflation, upwards cost pressure on the shopping basket has softened slightly, but elevated energy costs and inflating input prices continue to threaten retailers’ bottom lines.

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Study eyes grocers’ long-term future

Mass Relators

Grocers will rise or fall based on their ability to align themselves to the dominant demographic, cultural, economic and technological trends that will slowly reshape the market context over decades to come. . Health and wellness and finances are opposing forces for many consumers. values-based consumption and channel ­proliferation.

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Amazon, Walmart among grocers best-positioned for 2053

Mass Relators

Grocers will rise or fall based on their ability to align themselves to the dominant demographic, cultural, economic, and technological trends that will slowly reshape the market context over decades to come. Only when income exceeds $150,000 per year do finances even out with health and the environment as sources of stress for consumers.

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Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

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Asda private equity owners to face grilling by MPs

Retail Gazette

The move follows evidence given by both GMB Union and the grocer’s bosses at a committee session before Christmas, which Asda co-owner TDR Capital did not attend. The £500m in borrowings are part of the debts taken on by the supermarket to finance the acquisition of the business back in 2021.

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Best of 2023: Is private equity ownership slowly killing retail?

Retail Gazette

GMB national officer Nadine Houghton argues the grocer is being used by its owners as a “cash cow” and warns that rising interest rates will leave the retailer’s debt level “unsustainable”. The private equity-owned grocer is not alone in its quest to manage debt. But why is private equity so controversial?

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Cronheim Mortgage Arranges $11.5 Million Permanent Loan for Northern New Jersey Shopping Center

Shopping Center

million permanent loan for a 70,450-square-foot shopping center in the Northern New Jersey community of Belleville. Grocer ShopRite anchors the center. Million Permanent Loan for Northern New Jersey Shopping Center appeared first on Shopping Center Business. . — Cronheim Mortgage has arranged an $11.5