Asda’s revenue falls in the second quarter

Lidl the best retailer in France in July/August
Lidl was the top retailer in France from July 11 to August 7, new data from Kantar shows, with the discounter’s market share increasing by 0.3 percentage points in the period. With a market share of 7.6% during this period, Lidl has seen an increase in both customer appreciation (+2 percentage points) and price attractiveness (+1 percentage point), according to Kantar’s data.
Source: esmmagazine.com

UK: Plant-based pioneer Future Farm launches in Ocado
Plant-based food technology innovator Future Farm has announced that three of its products will be available to Ocado customers in the UK. Future Farm’s product range included in Ocado includes the brand’s flagship product, The Future Burger, plus Future Sausages and Future Chick’n, all of which will be available in the frozen range as an Ocado exclusive.
Source: retailtimes.co.uk

UK: Asda’s like-for-like sales fell in the second quarter
British supermarket chain Asda reported lower like-for-like sales in the quarter to June, but said sales had since picked up thanks to food price cuts amid a cost-of-living crisis. Comparable store sales, excluding fuel, fell 1.9% year-on-year in the three months ended June 30, but rose at the end of that quarter and have risen in the next quarter, Asda said. Revenues excluding fuel amounted to
€5.7 billion. Asda, owned since last year by brothers Mohsin and Zuber Issa and private equity firm TDR Capital, said it benefited from investment in price and quality in product categories including food, meat, fish and poultry.
Source: reuters.com

UK: Waitrose supports drought-stricken fresh produce suppliers
Waitrose is supporting drought-affected growers by committing to stocking all types and sizes of fruit and vegetables over the coming months. The supermarket is relaxing guidelines on the size and shape of new season potatoes, carrots, strawberries, apples, pears and peppers as part of an updated selection of its ‘A Little Less Than Perfect’ range.
Source: theretailbulletin.com

Philippines: Ministry wants more Kadiwa markets in Metro Manila
The Department of Agriculture said it plans to expand the number of Kadiwa farmers’ markets in Metro Manila so that residents can buy high-quality and more affordable agricultural products in times of rising prices of basic commodities. An online marketing platform, called E-Kadiwa, has also been set up, enabling “vendors to sell their agricultural produce, including vegetables, rice and fruits, at recommended retail prices,” the ministry said.
Source: news.abs-cbn.com

Australia: Woolworths shows tepid annual profit, weak start to financial year
Retailer Woolworths Group barely made an annual profit. In addition, supply chain issues and absenteeism will negatively impact sales of Australia’s key food businesses at the start of the new financial year. Shares in Australia’s largest supermarket chain fell 4% to A$35.92
(€24.82), against a gain of 0.5% in the broader market. Total sales in the Australian food segment in the first eight weeks of the 2023 financial year were 0.5% lower than last year. Sales in the New Zealand food segment fell by 1% over the same period. The company had annual net profit after tax from continuing operations, excluding items, of A$1.51 billion (€1.04 billion), compared with A$1.50 billion a year ago.
Source: reuters.com

UK: Lidl sells deformed vegetables due to drought
To support British growers, the Lidl supermarket will sell vegetables that have been disfigured by the recent drought in England. It will also encourage other supermarkets to follow suit in selling “substandard crops”. British growers, who supply the bulk of the fresh vegetables in Lidl stores in the UK, have been hit hard by the recent hot and dry weather. The yield has fallen drastically. Fruit and vegetables on the shelf will be smaller and look different, but taste the same. Potatoes, onions, carrots, apples and Brussels sprouts are likely to be hardest hit, experts say.
Source: bbc.com

Indonesia: Traveloka closes e-supermarket after 6 months
Traveloka, an Indonesia-based online travel agency, will soon shut down Traveloka Mart, its e-commerce store, after just six months of existence. Traveloka Mart was part of the company’s diversification efforts when Covid-19 had a significant impact on the travel industry. Several e-commerce companies also entered the retail market at that time. Traveloka offers a range of products ranging from frozen foods, fruit and vegetables to stationery and personal care products.
Source: techinasia.com

Bulgaria: Kaufland buys Sofia Central Market Hall for €18 million
The Bulgarian branch of the German supermarket chain Kaufland has acquired the central market hall in Sofia (Tsentralni Hali) for 34.8 million leva (€17.8 million) in preparation for the opening of a new store in a few months, the daily capital reports . Kaufland Bulgaria took over the 3,435-square-meter building and its 0.7-hectare land from its previous owner, the Israeli company Ashtrom, at the end of July, Capital reports, without citing the sources of the information.
Source: seenews.com

Egypt: Ezdehar buys 60% of Zahran Market
Ezdehar Private Equity Fund acquired a 60% stake in Zahran Market Chain and the Egyptian Stock Exchange witnessed the implementation of an OTC deal on Zahran market shares worth EGP 273 million (€14.2 million), which was brokered by Beltone Securities. Founded in 1987 in Alexandria, Zahran Market was the first to open supermarket branches on the north coast. Currently, Zahran Market has 16 branches in seven different governorates across the country.
Source: dailynewsegypt.com

UK: Asda wants to reduce food waste and help customers save money
Asda has announced plans to cut the best before date on almost 250 of its fresh fruit and vegetables to help customers reduce food waste and save money. From September 1, the supermarket chain will remove dates from a wide range of packaged fruit and vegetable products in all its UK stores, including citrus, potatoes, cauliflower and carrots.
Source: corporate.asda.com

Romania: Fine on 265 Lidl stores for selling expired food and other irregularities
The Romanian National Consumer Protection Authority (ANPC) has sanctioned 265 Lidl stores with fines totaling more than RON 3.5 million (€717,000) and closed some for various irregularities. The inspectors found, for example, food that had exceeded its use-by date, insects on pastry and in the baking room, moldy fruit and vegetables and other hygiene problems.
Source: romania-insider.com

New Zealand: Costco boss says Auckland store could be ‘first of many’
Costco president Patrick Noone told Prime Minister Jacinda Ardern he hoped the global retailer’s new Auckland store would be the “first of many”. Ardern visited the store with Trade and Consumer Affairs Minister David Clark. Clark said Costco’s entry was an example of the kind of competition the retail industry needs. “Here’s a company that’s interested in offering competition in the marketplace,” Clark said.
Source: stuff.co.nz

United States: Publix on Forbes’ America’s Best Employers by State 2022 list
Publix has taken a nice spot on America’s Best Employers by State list for the fourth year, this year at No. 3 in South Carolina. The company was also ranked number 28 in Florida, number 26 in Georgia, number 23 in North Carolina, number 20 in Tennessee and number 19 in Alabama. Visit forbes.com/best-employers-by-state to learn more about Publix’s achievements and see all the Best Employers in the US lists.
Source: businesswire.com

USA: FreshDirect exits the Philadelphia region
FreshDirect, a New York-based online retailer, has announced it is exiting the Philadelphia market after ten years. The company said in an undated blog post in August that it will move out of Philadelphia and Washington DC to focus on its home markets around New York City.
Source: inquirer.com

USA: Ahold Delhaize USA announces new leadership at The GIANT Company
Ahold Delhaize USA has announced that Nicholas Bertram, brand president of The GIANT Company, will leave the organization on August 31, 2022 to explore new horizons. John Ruane has been appointed as interim chairman.
Source: aholddelhaize.com

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