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“Our gross sales of recent vegetables and fruit have elevated by 70% over the previous 5 years”

United States: Costco Wholesale Company Publicizes Fourth Quarter and Fiscal 2022 Working Outcomes
Costco Wholesale Company (“Costco” or the “Firm”) reported outcomes of operations for the 16-week fourth quarter and 52-week fiscal 12 months ended August 28, 2022. Web gross sales for the quarter elevated by 15.2% to $70.76 billion. , up from $61.44 billion final 12 months. Web gross sales for the fiscal 12 months elevated 16.0% to $222.73 billion from $192.05 billion final 12 months.
Supply: globenewswire.com

US: ALDI overturns the apple pyramid with gimmicks utilized by conventional grocers that price buyers extra
ALDI US mentioned, “We’re creating a distinct grocery expertise by focusing solely on what issues: offering high-quality groceries like recent vegetables and fruit, award-winning wine and beer, and meat and scrumptious seafood, our quickest rising classes (ALDI 2017 vs. 2021 gross sales knowledge), as an alternative of losing time (and cash) on all that additional noise, like apples stacked in a whimsical pyramid. And our easy and efficient shows are simply the beginning. Our gross sales of recent vegetables and fruit have elevated by 70% over the previous 5 years. Throughout this era, we now have expanded our assortment by 20%, with an emphasis on natural. »
Supply: company.aldi.us

US: Invafresh Examine: Grocery Retailers Say Greatest ‘Threats’ Are Inflation and Provide Chain Disruptions
Invafresh, the industry-leading recent grocery platform, has introduced the outcomes of its 2022 Grocery Innovation Examine, which surveyed greater than 100 meals decision-makers in regards to the impression of know-how on their companies. The outcomes of the research revealed that general price discount measures (48%) and an growing choice for recent meals and the necessity to preserve their high quality (43%) are the principle drivers for the automation of the operations of the grocery shops. Growing margins (28%) and lowering meals waste (27%) have been seen as the largest challenges know-how can clear up for the grocery {industry}.
Supply: invafresh.com

United States: intention to rent as much as 100,000 vacationers, provide gives earlier
Goal Corp mentioned it plans to rent as much as 100,000 seasonal employees for the vacation season and begin providing festive gives sooner than in earlier years because it prepares for the vital buying season in a context of financial slowdown.
Supply: Reuters.com

Interview with Richard Wardwell: The Latino neighborhood drives the expansion of Superior Grocers
Grocery store chain Superior Grocers has taken an enormous step in its development plans in Southern California by buying 22 shops from Hispanic retailer Numero Uno. Superior Grocers President Richard Wardwell spoke with Abasto in regards to the grocery store chain’s enlargement, the significance of the Hispanic neighborhood in its development and the way it’s going by a interval of turbulence because of the pandemic and inflation.
Supply: abasto.com

Amazon, Microsoft and Google face UK investigation into cloud computing dominance
Ofcom, the UK media watchdog, is ready to launch a research inspecting the position of Amazon, Microsoft and Google within the cloud companies market. Additional motion might be taken by the regulator if it finds that firms are harming competitors.
Supply: cnbc.com

Holland: Immediate Commerce raises 5.4 million euros
E-commerce software program startup Immediate Commerce has raised €5.4 million in seed capital. The Amsterdam-based firm will use the cash to increase in Europe and america.
Supply: ecommercenews.eu

UK: Prime Morrisons government feeling strained with exit after 10 years
A senior Morrisons government is in talks to depart, days after it emerged the Bradford-based grocer had been moved on as Britain’s fourth greatest grocery store chain. Sky Information has realized Trevor Pressure, Morrisons chief working officer and former chief monetary officer, is near finalizing his departure.
Supply: information.sky.com

HappyFresh ceases operations in Malaysia after 7 years
Whereas grocery supply service supplier HappyFresh efficiently secured new funding and resumed on-line grocery enterprise in Indonesia, the group introduced it was ceasing operations in Malaysia. The Jakarta-based startup mentioned the corporate had no selection however to stop operations because of the present financial state of affairs.
Supply: theedgemarkets.com

Britain’s Tesco beneath strain to boost employees pay charges after rivals rise
Tesco, Britain’s greatest retailer and one of many nation’s largest personal sector employers, is dealing with calls from unions to boost the pay of retailer employees after a number of rivals raised hourly charges for the second time this 12 months.
Supply: Reuters.com

Opening of the SPAR grocery store in Al Ghubrah, Oman
SPAR Oman has opened a brand new company-owned SPAR grocery store in a suburb of the capital, Muscat. On this 570m² SPAR retailer, situated within the bustling Al Ghubrah market space, a staff of twelve colleagues who run the shop present service throughout all vacation spot departments, together with fish counters, butchers, deli meats, scorching meals and take-out meals, in addition to vegetables and fruit.
Supply: spar-international.com

Ninjacart, Backed by Walmart and Tiger International, Launches “Ninja International” Agriculture Import-Export Platform for UAE and GCC in Mega Occasion
Ninjacart, India’s main start-up that leverages know-how and knowledge to arrange India’s agricultural ecosystem, backed by Walmart and Tiger International, has expanded its footprint globally by launching the “Ninja International” for agricultural import-export companies within the UAE and GCC nations. The T4 Agri EXIM Summit kick off occasion was held in Dubai, UAE.
Supply: businesswire.com

UK: Lidl stays the quickest rising grocery retailer
Lidl stays the quickest rising retailer prior to now 12 weeks ending September 10 as meals inflation accelerates and UK buyers concentrate on shopping for little and extra typically to assist handle rising meals payments, new knowledge from NielsenIQ reveals.
Supply: talkretail.com

Second improve this 12 months at Lidl makes it the very best incomes UK grocery store
Lidl is elevating employees wages for the second time this 12 months in a £39.5million funding that propels it to the highest of the grocery store wage charts. Entry-level hourly charges will drop from £10.10 to £10.90 exterior London and from £11.30 to £11.95 on the M25 which circles the capital.
Supply: theguardian.com

New Zealand: Contained in the bizarre, great and expansive world of Auckland’s Costco megastore
Patrick Noone, managing director of Costco in New Zealand, gave the media a tour of the worldwide retail big’s retailer within the Auckland suburb of Westgate, with its towering cabinets virtually full to bursting. Globally, Costco bought roughly US$250 million price of New Zealand merchandise annually. A lot of it was recent fruit, dairy and meat, however Noone hoped to see a rise in value-added manufactured items from New Zealand.
Supply: stuff.co.nz

Alibaba Cloud unveils strategic roadmap for worldwide commerce
Alibaba Cloud, the digital know-how and intelligence spine of the Alibaba Group, introduced its newest worldwide strategic roadmap throughout the Alibaba Cloud Summit 2022. In the course of the three-day summit, the trusted cloud supplier unveiled new merchandise to help know-how innovation inside enterprises, a $1 billion funding for an upgraded international companion ecosystem, and enhanced buyer companies to supply complete help all through the digitization journey of a buyer.
Supply: alibabagroup.com

France: Carrefour administration will increase its provide in wage negotiations with unions
France’s greatest retailer Carrefour has raised its provide within the third spherical of wage talks with unions, suggesting a 2.5% pay rise from November this 12 months, an organization spokesman mentioned.
Supply: Reuters.com

Greater than 250 new supermarkets opened in Portugal in 2021
In 2021, round 257 new supermarkets opened in Portugal, representing a 3.8% development in retail house, in line with Alimarket’s newest report. Though it’s a extremely concentrated market, through which the highest 4 gamers symbolize 67.6% of the gross sales space and half of the shops, the market nonetheless gives alternatives for development, the research notes.
Supply: esmmagazine.com

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