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A consortium of private investors led by the current CEO and President of Southeastern Grocers Inc. along with C&S Wholesale Grocers , has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners. Financial terms of the current deal were not disclosed.
Aldi plans to open more than 225 new stores this year as part of the next phase of its five -year national growth strategy. Aldi obtained the competitor banners as part of its 2023 acquisition of Southeastern Grocers. Aldi Now Third-Largest Grocer in U.S.
Within that crunch for space, grocery brands, such as Aldi which plans to open 800 new stores by 2028 stand out from the pack with their high growth trajectory and low closure rate. These grocers favor a neighborhood market style. The special limitations of the market format do create design challenges for grocers.
The suit also accused the retailer of engaging in a secret and misguided campaign, together with C&S Wholesale Grocers , the divestiture buyer, to purse its own regulatory strategy, which ultimately undermined Krogers efforts, according to a Kroger company statement. The merger had originally been announced in October 2022.
Instacart also is planning to extend pick-to-light to its Caper Carts smart carts, which will enable customers to have shelf labels flash for items — whether from their shopping list or an ad or coupon they see — directly from their cart. locations in August 2024.
To date, nearly 100 Save A Lot stores have rolled out 400 digital screens, and RFMN plans to nearly double the number of Digital Window signs in stores by Q1 2025. RFMN is a retail media and ad tech company that specializes in providing solutions to independent grocers, mid- to large-scale chain supermarkets and convenience stores.
Asda chair Allan Leighton has laid down his game plan for turning around the UK’s third biggest grocer and “ regaining customers trust” The supermarket chain saw its like-for-like sales slide 3.4% It was also the only grocer to see its sales fall over the crucial Christmas trading period, according to Kantar. .
The supermarket giant shaved as much as 4m off its expectations for the forthcoming yearas chief executive Ken Murphy looks to safeguard the grocer’s market share of 28.5% – its highest level since 2016.
Deliveroo has launched a new white label solution, named Deliveroo Express, designed for grocers and retailers in the UK and Ireland, enabling them to offer rapid, on-demand delivery through their own online channels. Click here to sign up to Retail Gazettes free daily email newsletter
The German grocery giant will be able to go ahead with its plans to launch the pub inside its Dundonald store, based near Belfast, after a judge dismissed an appeal raised by another trader. Despite this, Colton ruled that the grocer had established the “inadequacy” of local pub offerings.
Related Story Aldi and Lidl launch new stores ahead of Christmas in latest expansion drive 05/12/2024 x 12:08 PM The German discounter – Britain’s sixth biggest supermarket chain, was the fastest growing bricks-and-mortar grocer in the year to end-November, with sales up 6.6% year-on-year, Kantar said last month.
Leighton helmed Asda from 1996 to 2001 and is credited with turning around the struggling chain, alongside current M&S chair Archie Norman – pulling the grocer from the brink of insolvency to orchestrating its bumper £6.7bn sale to Walmart in 1999. Is Leighton the right fit for the job?
Were building our technology for our retailer partners to help them compete with much, much, much larger players and grocers. Edge AI is a totally different technological approach, a totally different technological expertise, a totally different data set [than cloud AI], McIntosh added.
Were creating an even more attractive offering for advertisers to easily stay connected with customers wherever they choose to shop among Instacarts growing network of retail sites powered by Carrot Ads, which will now include one of the Midwests largest grocers.
Hart has overseen a rapid expansion of the discount grocers footprint, which rose from 1,300 stores in 32 states to 2,500 stores in 39 states. During his decade of leading Aldi U.S.,
Asda is looking to sell around 20 stores for 400m to help fund its turnaround plan. The supermarket chain is planning to offload the shops located across the UK and lease them back for the next 20 years. Asda has appointed property advisor Eastdil Secured to manage the sale, Green Street News reported.
However, modern PIMs really prove their value when clean, accurate and up-to-date data flows seamlessly to other enterprise systems, from merchandise financial planning to assortment planning, pricing and promotions, and more. When this occurs, each department can be assured theyre working with the correct information.
The company stressed that chair Allan Leighton urgently needed to resolve the grocer’s operational issues. ” It comes as Leighton has made a series of early indications of how he plans to restore the grocers performance, including appointing former Asda execs and spearheading the reintroduction of Rollback and Asda Price.
The Entertainer has pulled its plans to open new stores following the government’s decision to raise National Insurance contributions for employers. The toy specialist revealed it had frozen hiring at its head office and said it could no longer open two shops it had planned after announcements made in last week’s Budget.
Tesco has unveiled plans to build a new multimillion-pound distribution hub at the DP World London Gateway shopping terminal, forecast to launch in 2029. ” In March, rival grocer Ocado was given the green light for a new distribution hub in Nottinghamshire, creating hundreds of new jobs.
Holland & Barrett is planning to open up to 50 new stores in the UK next year as it ramps up its expansion plans. The targeted store expansion for next year includes standalone stores, new formats and instore concessions with its retail partners, The Grocer reported.
He received 2.17m from the grocer’s long term incentive plan. Roberts was paid 5.18m for the year to March 1, up from his 4.81m pay packet the year before, the retailers annual report shows. The chief executive took home an annual salary of 1.06m and 4.12m in bonus payments, including an annual bonus of 1.94m.
Morrisons will utilise long-standing tech partner Ocado’s fulfilment centres to help drive its move to more in-store fulfilment, as the bricks-and-mortar grocer reassesses its online grocery operations. At its 2021 peak, the online grocer was valued at £22bn, but it is now worth around £3bn.
The restructure will see the supermarket’s section manager and trading manager roles combined into a new simplified manager position, The Grocer reported. The restructure forms part of Asda chair Allan Leighton’s turnaround plan for the business as he looks to revive the supermarket’s flagging fortunes.
Waitrose has confirmed the locations of the first two convenience stores it is opening this year, alongside proposals to refurbish 20 of its existing stores under its 1bn investment plan. The grocer’s Bridport, Newbury, and Swaffham sites are thought to be among the areas to receive investment.
He spent four years at Iceland as trading director and previously worked at fellow grocers Waitrose and Aldi. This morning it was revealed that Asda is planning to cut jobs in the team leading its IT overhaul, which is expected to complete early next year. Click here to sign up to Retail Gazette‘s free daily email newsletter
. “This same approach is helping us to become a net zero business by 2040 through our annual £1m plan A accelerator fund with which we fund new and small-scale or untested solutions in collaboration with our supply base.” Click here to sign up to Retail Gazette‘s free daily email newsletter
M&S also expanded its beauty takeback scheme to 100 stores in November, as part of its plan A roadmap to net zero. Additionally, Ocado Retail boss Hannah Gibson insisted the grocer was “focussed on value” after its latest set of results, despite price rise concerns following the Budget.
The grocer’s platform was built in-house by the supermarket chain and Nectar360 alongside partner brands and agencies. The supermarket chain said it will harness customer insights and AI to deliver audience insights, media planning and activation, optimisation and measurement into one single portal.
According to The Grocer, the new Pudsey format builds on the successful elements seen in the companys Cobham, Surrey, supermarket refit, incorporating features like a closed refrigeration system and multiple digital screens. Click here to sign up to Retail Gazettes free daily email newsletter
C&S Wholesale Grocers LLC (Keene, N.H.) said it plans to acquire SpartanNash Co. The stability of the combined organization will allow the combined company and its customers to better compete against various extremely large global grocers in the U.S. Grand Rapids, Mich.) for $26.90 billion, including assumed net debt.
The UK’s biggest grocer witnessed an 11% surge in online sales during the quarter and Christmas period, which included its “biggest ever week” during the run up to the big day. ” Strong online performance Shoppers leaned on the convenience of online delivery and quick commerce at Tesco in the run up to festivities.
In her letter to Leighton, seen by The Grocer, GMB Union national officer Nadine Houghton said: “Shop floor colleagues are the backbone of Asda’s recovery and GMB believes you have a deep understanding of just how fundamental they are to Asda’s turnaround. at the start of August.
Leighton is set to create a revival plan for the business by the end of January, and said he was looking for a “really good leader” who may not necessarily be a retailer but who understood shoppers and managing people. Bigger rivals Tesco and Sainsbury’s have been gaining ground alongside the fast-growing discounters Aldi and Lidl.
The frozen food specialist has promoted category trading manager Adam Smith to head of retail media, who will head up the retailers first dedicated in-house team, The Grocer reported. Iceland is preparing to introduce thousands of digital screens across its store estate as part of a major push into retail media.
Under her leadership, the grocer’s Tu Clothing brand saw a 1.3% Last week, the supermarket revealed plans to cut 3,000 jobs as part of a drive to simplify its business and address rising costs, including a 140m leap in employer national insurance contributions from April.
Co-op has supported Labour’s plans to raise business rates for supermarkets and department stores, which the grocersaid will “support local shops” Speaking to Retail Week, a Co-op spokesman said that the supermarket backed chancellor Rachel Reeves’ plans to overhaul business rates at the next autumn Budget.
Related Story Asda ditches plans for driver-facing cameras in delivery vans 27/05/2025 x 7:31 AM The UKs third biggest grocer softened its sales decline to -3.2%. Competition in the grocery sector intensified earlier this year, when Asda signalled the start of a potential price war in a bid to revive its ailing fortunes.
With Pepco set to reveal its grand plan for Poundland on its Capital Markets day on 6 March, Retail Gazette takes a look at what Williams may have up his sleeve and what’s next for one of the high street’s much-loved retailers. Pepco has also put a pause on the retailer’s expansion plans for the year.
Including the additional items, Asda is still the third largest grocer in the UK behind Tesco and Sainsburys. Related Story Asda chair Allan Leightons four point game plan 14/03/2025 x 3:44 PM The new report comes as returning Asda veteran Allan Leighton is spearheading a turnaround of the supermarket.
Executive teams need to start planning today for the likely impact of AI shopping agents becoming widespread. Grocers will become fast-moving consumer goods (FMCG) businesses: Private-label growth – with nearly half of grocery shoppers in the U.S.
Writing in The Sunday Times, Machin claimed the UK’s retailers were being “raided like a piggy bank” He said: “Many of the announcements in Rachel Reevess speech last month were commendable a focus on long-term planning, good ideas to free up investment in infrastructure and a more positive tone.
Grocery Retailers Common Challenges Grocery retailers can be national chains or smaller, region-specific grocers. Best Practices for Your Retail Audits Plan and Schedule Consistent Audits Vary the frequency and depth of audits based on your brands goals, SKU complexity, and the retailers importance.
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