This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A consortium of private investors led by the current CEO and President of Southeastern Grocers Inc. along with C&S WholesaleGrocers , has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners. Financial terms of the current deal were not disclosed.
C&S WholesaleGrocers LLC (Keene, N.H.) 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. said it plans to acquire SpartanNash Co. Grand Rapids, Mich.) for $26.90 billion, including assumed net debt.
Lidl was first granted planning permission for the pub back in August 2020, however the plan was objected by complete drinks wholesaler Philip Russell Ltd. Despite this, Colton ruled that the grocer had established the “inadequacy” of local pub offerings.
Schwarz Group The parent company of German supermarket chains Lidl and Kaufland is owned by Dieter Schwarz, son of its founder Josef Schwarz. Elo France’s Elo is the owner of supermarket chain Auchan, which was founded in 1961 by Gérard Mulliez and has its headquarters in Croix, France. The Walton family currently holds 45.5
The supermarket giant has poached Lidl’s chief operating officer Matt Heslop as its new director of convenience and wholesale. Lebon brings over 39 years of experience in supermarket retailing, having most recently served as executive director of supermarkets and hypermarkets at Carrefour.
During its most recent update, the UK’s biggest supermarket, said it was considering replacing its barcodes with QR codes, said it had pulled in its highest market share in nearly nine years, hitting 29% of the industry’s sales. Tesco’s UK and Ireland like for like revenues, excluding fuel and VAT, rose 3.7%
He started as the UK’s biggest supermarket’s head of group strategy in 2014, before going on to lead retail operations at Tesco’s west London convenience stores and serve as category head of cooking ingredients and global grocery. Chitnis was named as director of trading at Booker Wholesale, a subsidiary of Tesco, in 2020.
Since launching support for SNAP/EBT payments in 2023, our network of stores that accept these payments on the DoorDash Marketplace has grown to over 15,000 across the United States, said Fuad Hannon, VP of New Verticals at DoorDash in a statement.
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.
Cooperative food wholesaler Associated WholesaleGrocers (AWG) , which serves independently owned supermarkets, has expanded its partnership with Instacart to offer ecommerce and same-day delivery solutions as well as smart cart technology to its member retailers. An Instacart shopper will then pick and deliver the order.
Earlier this month , Kroger and Albertsons identified the 579 supermarkets they plan to sell to C&S WholesaleGrocers if the merger goes through. A Kroger spokesperson quoted by Reuters said that “today’s decision is welcome news as it eliminates the need for a preliminary injunction hearing in Colorado.”
Mexican grocer Chedraui , Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. Raley’s Supermarkets, No. Raley’s Supermarkets, No. expansion ), BJ’s Wholesale and Costco. 6, also with 30% growth.
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. The planned $24.6 Top execs from both companies defended the merger in testimony to a U.S.
C&S WholesaleGrocers has entered into an agreement to acquire Piggly Wiggly Midwest. “Piggly Wiggly is more than a supermarket, it is a family of franchise operators, employees and loyal … customers, too. president of Piggly Wiggly Midwest and founder of Butera Market.
billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S WholesaleGrocers , as well as additional private label product lines, for a total of approximately $2.9
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.
Food processors and supermarkets are turning to short-term staff to help address labor shortages tied to the Omicron variant. Associated WholesaleGrocers hired hundreds of temp workers to help staff its 11 distribution centers after a record number of employees called out sick.
Supermarket bosses will be facing energy secretary Grant Shapps after he warned he would hold retailers accountable if they continue to charge “sky high” petrol prices for customers. A number of supermarkets, such as Sainsbury’s , have already said they would welcome the scheme.
The consumer watchdog ultimately decided the acquisition is not likely to substantially lessen competition in the wholesale food distribution sector, as the two companies do not compete for a majority of their customers. And] while there were concerns expressed by some suppliers, many suppliers did not raise competition concerns.”.
The supermarket saw like-for-like sales, excluding fuel, soar 4.6% The grocer claimed its key customer satisfaction metrics were “improving strongly”, and that its complaints had more than halved during the last 20 weeks. .” rise the year before. Total sales excluding fuel were up by 3.9%
The supermarket will use the proceeds of the sale to “fund further investment in the grocery and food making businesses, as well as significantly strengthening the business’s capital structure” The grocer is expected to use some of the funds to pay down part of its £5.17bn debt pile.
Morrisons has launched an app to allow its wholesale and franchise partners to refresh its supplies in its supermarkets. Retailers within the chain’s supply network are able to scan the items they want on their smartphone before checking out with a duty manager, The Grocer reported.
This week marks a year since Morrisons boss Rami Baitiéh took the reins of the supermarket and many changes have been made. Selling off property to cut debt Morrisons was left with a sizeable debt pile following CD&R’s near £10bn acquisition of the grocer in 2021.
In the 72 years that FMI has issued “The Food Retailing Industry Speaks” report, the survey of retail and wholesale companies is unlikely to have uncovered such a confluence of promise and peril as it has today. Ninety-five percent of grocers with omnichannel capabilities saw e-commerce sales advance more than 200% last year.
Morrisons has unveiled a host of management changes as CEO Rami Baitiéh begins shaping up his senior team for the supermarket’s next chapter. Blackhurst returns to Morrisons from 18 March, having previously worked for the grocer between 2015 to 2019 primarily as group commercial director.
WASHINGTON — Independent grocers are important sources of jobs, wages and taxes for the communities they serve, according to the latest economic impact study from the National Grocers Association. The wholesalers serving independent grocers account for more than 44,000 additional jobs (and nearly $3.3 of the 2020 U.S.
Co-op Food boss Matt Hood has hit back at supermarket profiteering accusations, claiming it is being used to justify the rocketing surge of shoplifting. The chief executive told The Telegraph he was “disappointed” people were defending shoplifters after MPs accused the grocers of inflating prices.
The grocer highlighted the 50% drop in wholesale electricity prices, a 22% in plastic PET packaging prices and a 84% plummet in freight costs, within its presentation to suppliers. The pressure on suppliers comes as Tesco reviews its fresh and packaged food ranges.
The grocers were questioned by MPs at the Business and Trade Committee on why prices continued to rise despite wholesale costs starting to fall. Meanwhile, Sainsbury’s food commercial director Rhian Bartlett pointed out the grocer had spent more than £560m on “keeping prices low”.
Their ice cream is also available at selected outlets of Village Grocer, Ben’s Independent Grocer and Qra. But with rental costs skyrocketing in both Malaysia and Singapore, and a labour market that is tightening, they took the decision to transition to a wholesale model.
The Co-op group has launched Co-op wholesale in a bid to re-affirm its commitment to the independent retail sector. Drawing on more than 160 years of wholesale heritage, the move re-enforces the groups commitment to drive increased value for independent retailer.
The grocer will also become the only supermarket to offer Freefrom pasta at the same price as standard pasta as part of the price cuts. These latest price cuts will help reassure customers that we will continue to pass on savings as soon as we see the wholesale price of food fall.
The supermarket flagged a “solid quarter of progress” Total sales excluding fuel edged up 3.4% New CEO Rami Baitiéh, who joined Morrisons from Carrefour last year, said that he was pleased with its performance as supermarkets, convenience, wholesale and online all delivered growth over the second quarter.
Tesco is under scrunity from the UK’s supermarket regulator, which is is closely monitoring its implementation of an “Amazon-style” fulfillment fee for online suppliers. The charges also apply to online orders fulfilled on behalf of retail and catering customers made through the grocer’swholesale arm, Booker.
Tesco is expected to post rising sales as its supermarkets stayed open throughout the pandemic. However, the UK’s biggest grocer is also expected to reveal more muted profits, which are forecast to be broadly in line with last year’s profits in its update for investors on Wednesday April 14. A sign for Tesco (Nick Ansell/PA).
Baitiéh will start in November and will work closely with Potts, who has been at the helm of the grocer for nine years, to ensure a smooth handover period. “As a manufacturer, wholesaler and seller of food, Morrisons is uniquely positioned to grow in the coming years while remaining deeply focused on customer satisfaction.
Supermarket operators have sold nonfood products for decades, but they still aren’t getting their fair share of the business. Duffy, who spoke during a recent webinar sponsored by FMI and the Acosta Group, talked about how the association is working to lay the groundwork for grocers to become a destination for nonfoods.
WASHINGTON — The National Grocers Association (NGA), which represents independent food retailers and wholesales, issued a statement supporting the Federal Trade Commission’s decision to challenge the merger of Kroger Co. and Albertsons’ Cos.
The National Grocers Association (NGA) has unveiled a comprehensive rebranding, including a new logo. Independent community grocers and their wholesaler partners are critical to the strength and vitality of the people they serve. Independent community grocers are the true entrepreneurs of the grocery industry, according to NGA.
This study includes six retail industries – online retail, department and discount stores, specialty retail stores, drugstores, supermarkets, and gas stations – as well as consumer shipping and the U.S. Four retailers tie at 77: BJ’s Wholesale Club (unchanged), Dillard’s (down 3%), JCPenney (up 1%), and TJX’s Marshalls and TJ Maxx (down 1%).
Tesco managed to continue growing sales in the 13 weeks to May 29 compared with a year earlier despite the same period in 2020 being during the height of the first lockdown when supermarket shelves were stripped bare. Sales in its UK supermarkets grew 0.5% Its wholesale Booker business saw the strongest growth, with sales up 9.2%
In 2023, the brand raised US$12 million in a Series B funding round, from investors including Prelude Growth Partners and Pendulum to grow its wholesale business operations.
At the end of the evening, three individuals were honored for their leadership and contributions to the supermarket sector. Frank Grimes Award from the Independent Grocers Alliance. Frank Grimes Award from the Independent Grocers Alliance. Henry Johnson of food distributor W. Lee Flowers & Co. received the J. received the J.
The rapid delivery company currently picks from its own dark store network across the majority of locations it covers, according to The Grocer. Morrisons partnered with Gopuff in 2022, with the Northern chain essentially acting as a wholesaler to Gopuff at the time, operating out of a number of dark stores.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content