Gains across all lines of business helped UNFI record net sales
United States: The Fresh Market delves into omnichannel specialty dining experiences
The Fresh Market has embarked on a multi-phase partnership with Firework, an omnichannel digital transformation and live commerce platform. The partnership brings Firework’s full suite of live commerce features and short-form shopping videos to media channels owned by The Fresh Market. The 1st specialty grocer has partnered with Firework as part of a digital transformation initiative launched in the fourth quarter of 2021, with the aim of positioning itself for continued growth in the digital age.
United States: UNFI gets a boost in the second quarter thanks to independents, Whole Foods
Overall gains in United Natural Foods Inc.’s (UNFI) business segments helped the food wholesaler post net sales in its second quarter of fiscal 2022. For the quarter ended Jan. 29, net sales totaled $7.42 billion, up 7.5% from $6.9 billion a year earlier, Providence, Rhode Island-based UNFI reported. Including a 7.1% rise in Q2 2021, sales were up 14.6% on a 2-year stack, the company said. UNFI is relaunching its Wild Harvest free-from private label with an updated logo and packaging and new items, starting with a plant-based meat collection.
United States: Stater Bros. Markets expands partnership with ReposiTrak to reduce stock-outs
1 year after Southern California supermarket chain Stater Bros. Markets chose ReposiTrak to help manage out-of-stocks, particularly in the Direct Store Delivery (DSD) categories that were the most problematic, out-of-stocks are significantly reduced, and Stater Bros. expands the program to include even more of its DSD suppliers.
Amazon to get unconditional EU approval for $8.5 billion purchase of MGM – sources
Amazon is set to get unconditional EU antitrust approval for its $8.5 billion purchase of US movie studio MGM, people familiar with the matter have said, a move that is expected to intensify competition with streaming rivals Netflix. and Disney+. The European Commission, which is due to rule on the deal by March 15, declined to comment.
Pandamart partners with the OLIO app to give free edible and surplus food to the people of S’poreans
Local online grocery platform pandamart – a brand of food delivery giant foodpanda – has announced it is partnering with free sharing app OLIO. As part of the partnership, pandamart will distribute unsold food, including perishables that are approaching their best before date and canned goods with minor packaging defects.
UK: Morrisons is making salad bars greener by introducing ‘boxes for hire’
Morrisons is introducing new ‘rentable’ boxes on its salad bar in 4 trial stores to enable customers to eat lunch in a more sustainable way. It also removed plastic cutlery from all stores. The Refill a Box scheme is the first of its kind to be trialled by a UK supermarket. Each “rentable” box will replace the large Morrison salad box and is made from fully recyclable polypropylene. The boxes are designed to be used 400 times to avoid the use of disposable plastic containers.
UK: Waitrose reports full year sales on par with prior year
Retailer Waitrose & Partners recorded sales of £7.5bn (€8.9bn) in its 2020/21 financial year, up 1% on a like-for-like basis and down 1% on a published basis. The retailer’s performance was outlined in the annual results of its parent company, John Lewis Partnership. On a 2-year basis, Waitrose saw its sales increase by 11% like-for-like and 9% as reported.
United Kingdom: John Lewis resumes payment of bonuses under recovery
John Lewis Partnership Plc said it would again pay bonuses to employees as the British retailer’s recovery efforts begin to show small signs of progress. The department store group, which also owns high-end supermarket chain Waitrose, said a return to profit on an underlying basis means it will reinstate a payment that was suspended last year for the first times in over 70 years. Staff, who co-own the business, will receive a 3 per cent bonus, equivalent to 1.5 weeks’ pay, and amounting to £46 million, John Lewis said. It also gave its staff a 2% salary increase this year.
France: Carrefour opens a new home delivery logistics site in Aix-en-Provence
Carrefour has opened a new home delivery logistics site in Aix-en-Provence which will cover 124 municipalities, including municipalities with fewer than 10,000 inhabitants. It has entrusted its logistics partner STEF, owner of the building, with all the logistics operations (reception of orders, storage and preparation). This new logistics site based in Aix-en-Provence will boost Carrefour’s e-commerce offer in the region. Same-day delivery will now be available (3 hours after order submission), 6 days a week, 8 a.m. to 10 p.m.
Jerónimo Martins sees profits jump in the fourth quarter and warns of inflation
Portugal’s 2nd largest retailer, Jerónimo Martins, reported a 49% rise in net profit in the 4th quarter as its key Polish market drove consolidated sales higher, but warned of the impact of the rise inflation and conflict in Ukraine. The company recorded a net profit of 139 million euros between October and December, compared to 93 million euros a year earlier, after Portugal and its main market, Poland, lifted most restrictions to control the COVID-19 pandemic.
Epic Partners suspends its collaboration with Magnit
European retail alliance Epic Partners has decided not to conduct joint negotiations on behalf of Russian retailer Magnit in response to Moscow’s invasion of Ukraine. The alliance includes EDEKA (Germany), Migros (Switzerland), Jerónimo Martins (Portugal and Poland), ICA (Sweden, Estonia, Latvia and Lithuania), Magnit (Russia) and Picnic (Netherlands, Germany).
Redemption group Pamplona seeks to sever ties with Mikhail Fridman’s LetterOne
Buyout firm Pamplona Capital Management said it had begun the process of separating from Mikhail Fridman’s investment group, LetterOne, amid growing pressure on businesses linked to the sanctioned Russian tycoon. LetterOne has a large portfolio of direct investments in Western companies, including Spanish supermarkets Dia and British health food retailer Holland & Barrett.
UK: Asda plans massive change to fresh food which will affect 250 stores from April
Supermarket giant Asda is set to increase the number of in-store greengrocers at its UK branches, planning to offer the specialist service in 250 stores from April. In September 2021, the first supermarket announced that it would introduce greengrocers in 150 stores across the country. But in a new interview with The Sunday Times over the weekend, billionaire brothers Issa and owners of Asda confirmed the service would be available at 100 more stores. This would bring the total number of branches with in-store greengrocers to 250 from April.