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Aldi plans to open more than 225 new stores this year as part of the next phase of its five -year national growth strategy. The new stores will open through a combination of organic growth and the conversion of select Winn-Dixie and Harveys Supermarket stores to the Aldi format. Aldi Now Third-Largest Grocer in U.S.
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.
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.
The new supermarket concept Addie’s , a self-described “drive-up grocer,” has opened its first store in Norwood, Mass., But both traditional grocers and other startup models such as rapid delivery companies have struggled to find financially viable ways to serve this growing consumer set. fueled by $10.1
Three more supermarket chains will connect their electronic shelf label (ESL) hardware to the Carrot Tags pick-to-light functionality from Instacart , making it easier for Instacart pickers — and eventually for consumers themselves — to find the products on their shopping list. locations in August 2024.
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. Sale-and-leaseback deals are popular among supermarkets as a means of raising capital to boost their balance sheet.
Southeastern Grocers (SEG) has initiated a strategic divestiture of its business, with Aldi set to acquire all SEG grocery operations under the Winn-Dixie and Harveys Supermarket banners and investment group Fresco Retail Group set to take over the Fresco y Más banner. Aldi made its U.S. Aldi made its U.S.
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. He is currently chair of Brewdog, Pizza Express and European fashion chain C&A.
Discount supermarket chain Aldi is continuing its aggressive expansion across the U.S., with plans to add approximately 150 new stores to a fleet that already includes 2,100 locations in 37 states. With the new additions, Aldi is on track to edge out Albertsons as the third-largest grocer in the U.S. by store count.
and the company plans to have nationwide coverage by the end of this year. Uber has found partners in regional supermarkets like Southeastern Grocers and recently started a relationship with Albertsons Companies that will offer delivery from 1,200 stores under more than half a dozen banners.
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.
During the Covid-19 pandemic, grocers managed an unprecedented level of online orders for fulfilment via delivery and click-and-collect. Grocers must once again focus on the fundamentals of meeting (or exceeding) customer expectations to ensure they continue to win and retain customers. Did I have a great delivery or pickup experience?
Their apps open, supermarket executives also enquire: “But who’ll own the data …?”. Second, think about how retail and supermarket buildings could be affected: Just Walk Out will also mean “just walk in, anywhere.” The post Why Amazon’s New “Just Walk Out” Supermarkets Will Change Everything.
Our customers count on ALDI for the lowest prices of any national grocer, every day, and we never take that trust for granted,” said CEO Jason Hart. SUMMER SAVINGS: Discount grocer Aldi will be cutting its prices on hundreds of products this summer. How Does ALDI Save Customers Money?
Mambourin Marketplace, which will be anchored by a major supermarket operator, will feature 7200sqm of retail space, including a planned medical area, pharmacy, and up to 25 specialised retailers including fresh food grocers, cafes, and restaurants.
Chinese ecommerce giant JD.com has test launched a UK grocery supermarket website, called Joybuy. Although shopping on the website is currently available to customers with certain London postcodes, the retailer said there would be more cities coming soon.
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
GMB Union bosses have sent a letter to Asda chair Allan Leighton accusing the supermarket of “penny-pinching” tactics causing worker conditions to fall behind those of its rivals. The supermarket’s base retail pay reached £12.45 an hour on 6 July and is set to jump to £12.60 an hour by October. an hour). .”
The alliance, which is made up of 165,000 businesses across the grocery supply chain, is calling for a ‘national food security plan’ to minimise future price increases due to further disruption. Earlier this year, a head of lettuce was $10 [at the supermarkets]. The fresh(est) food people. So, what’s next?
The restructure will see the supermarket’s section manager and trading manager roles combined into a new simplified manager position, The Grocer reported. The new managers will report into Asda’s operations managers, with the supermarket also appointing new operations managers in some of its larger stores.
A Denver District Court judge has stopped the Kroger-Albertsons merger in its tracks, cancelling a planned Aug. I am pleased that Kroger and Albertsons agreed to halt their plans to merge until the court rules on the state’s lawsuit to permanently block the grocery merger,” said Phil Weiser, Attorney General of Colorado in a statement.
Reviving Asda’s fortunes could take three to five years, according to Allan Leighton, the supermarket’s former CEO who has returned to drive its turnaround efforts. He will be spending three to five years with the supermarket chain , acknowledging that “it is going to take us that long to get it right.”
Sainsburys chief executive Simon Roberts took home over 5m in pay last year as the supermarket chains underlying retail profits swelled to 1bn. He received 2.17m from the grocer’s long term incentive plan. He received 2.17m from the grocer’s long term incentive plan.
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. Waitrose is also planningto refurbish 20 of its existing supermarkets this year, up from the 14 it revamped last year.
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.
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.
Asda has ditched plans to introduce new uniforms for its store staff as it ramps up its turnaround efforts. The supermarket chain had planned to launch the new design, which included breathable fabrics and darker green polo shirts, next year following a successful trial. to £5bn in the four months to 31 March.
The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Top execs from both companies defended the merger in testimony to a U.S.
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.
Kasoulis joined the supermarket chain in May 2022 from John Lewis, where she held various leadership roles, including director of brand development and category director for fashion and beauty. Under her leadership, the grocer’s Tu Clothing brand saw a 1.3%
“Our commitment to customers is that products at the no name store will be up to 20% less than the regular retail price on a comparable product at any of the four main discount grocers in that local area,” said Melanie Singh, President of Loblaw’s Hard Discount Division in a statement.
still plan to cook more at home. While this may sound positive for supermarkets, it also brings new challenges. First, supermarkets must determine exactly how much inventory to order so as not to waste food or purchase insufficient supplies. Despite dining out becoming an unrestricted option once again, 71% of people in the U.S.
billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The updated plan also seeks to address unions’ concerns about the merger’s impact, including the United Food and Commercial Workers International Union, which voted to oppose the merger in May 2023.
Discount grocer Aldi will invest more than $9 billion over the next five years on its national expansion plan, which includes adding 800 stores to its U.S. Aldi’s growth plans include beefing up its presence in the Northeast and Midwest, with plans to add nearly 330 stores across both regions by 2028.
The 570 -store Midwestern supermarket retailer Hy-Vee will expand its partnership with Instacart by adopting the platforms Carrot Ads solution. This new integration will give Hy-Vee RedMedia access both to Instacarts ad technology and its CPG advertising ecosystem, which delivers advertiser demand from more than 7,000 brands.
Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations of all locations to independent licensed ownership. Since its inception, Save A Lot has filled an important need as a discount, high-quality hometown grocer in each community it serves.
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 company stressed that chair Allan Leighton urgently needed to resolve the grocer’s operational issues. It cautioned the supermarket could fall behind Morrisons. Financial services firm Moody’s has warned Asda’s credit rating is under threat if it does not turn around its performance.
Despite aggressive discounting and competitive ‘members only’ offers for loyalty programme customers, traditional supermarkets continue to lose market share to discounter rivals, Aldi and Lidl, according to the latest research by Pricer, the in-store automation and communication solutions provider. However, last month Which?
Price wars between the UKs major supermarkets helped boost sales at Tesco and Sainsburys, according to the latest data from Kantar. 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%. Sales at Tesco jumped 5.9%
Asda’s chief customer officer David Hills is stepping down from the grocer, after joining the business in September 2023. Hills recently led the revival of Asda’s Rollback campaign, which was brought back as the supermarket seeks to revive its fortunes.
billion Kroger acquisition of Albertsons , calling the deal — the largest supermarket merger in U.S. This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years,” said Henry Liu, Director of the Bureau of Competition at the FTC in a statement.
It’s hold on the market rose to 28.5% – the highest of any supermarket – boosted by growth across its convenience, superstore and online channels. As both supermarkets toast to their “biggest-ever” Christmases, what can Sainsbury’s and Tesco tell us about the main trading trends over the festive period?
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