Sturdy fourth quarter and full yr 2020 outcomes
United States: Dealer Joe’s is # 1 for buyer satisfaction, however the stats are down total
After 4 years of pretty steady buyer satisfaction, the grocery store trade rating on this space fell 2.6% to a rating of 76 out of 100, with 17 of the 20 main grocers scoring year-on-year decrease scores. yr, primarily based on American Buyer Satisfaction information. Index (ACSI). Primarily based in Monrovia, California Dealer Joe’s is No. 1 in mass retail – in addition to the whole retail sector – with a steady rating of 84, with 4 firms tied for second place with scores of 82: Costco (down 1% ), HEB (down 2%), Publix (down 1%) and Wegmans (down 2%). The final prime participant of 2019, Aldi, slipped 4% to tie with a steady Sam’s Membership at 80.
United States: Meals shops prime fiscal 2020 with sturdy fourth quarter
Grocery Outlet Holding Corp. enters its seventy fifth yr of operation in 2021 after posting double-digit web and comparable gross sales features for fiscal 2020, in addition to adjusted fourth-quarter revenue that beat Wall Road expectations. For the 14-week quarter ended Jan. 2, web gross sales jumped 23.1% to $ 806.8 million, from $ 655.5 million a yr earlier, Grocery Outlet mentioned. Whole gross sales mirror $ 53.3 million from the additional week, in keeping with the corporate. On a 13-week comparable foundation, gross sales elevated 7.9% year-over-year, in comparison with a 5.1% improve in comparative gross sales within the fiscal 2019 quarter.
United States: Entire Meals and UNFI prolong distribution partnership
United Pure Meals Inc. (UNFI) and Entire Meals Market, a wholly-owned subsidiary of Amazon, have prolonged their major wholesale grocery distribution settlement, which now runs till September 27, 2027. “As of onset of the COVID -19 pandemic, UNFI and Entire Meals have labored intently to constantly ship more healthy meals to customers throughout North America, ”mentioned Steven L. Spinner, President and CEO of Windfall, UNFI primarily based in Rhode Island.
Walmart Canada Steps Up E-Commerce Enterprise
As increasingly more clients store on-line, Walmart Canada is stepping on the accelerator. In a current weblog submit, the corporate introduced that it’s accelerating its e-commerce enlargement with a lot of measures. The large information is that the retailer is constructing its first totally automated order success heart in Scarborough, Ontario. The 22,000 sq. foot house will automate the choosing and distribution of on-line groceries with choosing speeds as much as 6 instances sooner than guide in-store choosing, in keeping with the corporate.
United States: Kroger Publish Sturdy Fourth Quarter and Fiscal 2020 Outcomes
The Kroger Co. launched its fourth quarter and full yr 2020 outcomes. Whole fourth quarter gross sales for the corporate had been $ 30.7 billion, in comparison with $ 28.9 billion. for a similar interval final yr. Excluding gasoline and disposals, gross sales elevated 10.7%.
Romania: retailer Profi provides 31 new shops to its chain in January-February
The Romanian grocery store and comfort retailer chain Profi, managed by the funding fund Mid Europa Companions, opened 31 new shops within the first 2 months of the yr, out of an annual goal of 250 shops. It opened 15 models in January and 16 in February. The corporate continues the accelerated enlargement that started just a few years in the past. The retailer has introduced plans to open 200 new shops per yr on common and turn out to be the second largest participant within the native market by 2024.
India: Flipkart Expands Grocery Gross sales and Launches Voice Search
Walmart-owned Flipkart will develop its on-line grocery enterprise to extra cities in India, launch voice search in English and Hindi, and make modifications to its board of administrators. The net grocery market has grown quickly throughout the COVID-19 pandemic, and this enlargement permits it to compete with BigBasket backed by Alibaba, Grofers, Amazon and JioMart of Reliance Industries.
Singapore: Little Farms opens its largest grocery retailer in Katong
East Singaporeans can count on to arrange wholesome, healthful meals utilizing pure and natural provides at Little Farms Groceries’ largest outlet so far. The Singaporean grocer, identified for sourcing produce from Australia and Europe, has introduced that it’ll convey its widest choice of produce to a brand new 557m2 retailer on Joo Chiat Highway in Katong, which opens on March 13. meats fed and raised within the open, in addition to natural and seasonal vegetables and fruit.
United Kingdom: Tesco makes formidable new commitments to help wholesome and sustainable meals
Tesco has established new plans to assist clients eat more healthy and to make Tesco the simplest place for purchasers to purchase inexpensive, wholesome and sustainable meals. The grocery store’s plans by 2025 will embrace a significant new reformulation program to enhance the well being profile of merchandise; modifications to promotions and costs to take away boundaries to purchasing wholesome meals; and an extra enlargement of Tesco’s market-leading plant ranges with new merchandise that can make plant proteins much more accessible to households.
Portugal: Jerónimo Martins’ quarterly revenue down 25% on pandemic prices
Portuguese retailer Jerónimo Martins has confirmed a lower of 25% in fourth quarter web revenue in comparison with a yr in the past, regardless of a slight improve in total gross sales pushed by its key market, Poland, as prices elevated because of the impression of the COVID-19 pandemic. As web revenue fell to 93 million euros, the second Portuguese retailer warned that “there may be nonetheless uncertainty over the doable implementation of latest containment measures, not less than within the first half of the yr”.
UK: Morrisons relegated from FTSE 100
Morrisons is to be relegated from the FTSE 100 as its inventory value excessive level has been on a downward trajectory for over 2 years. The grocery store group has struggled to seek out favor with buyers, who’ve apprehensive about rising prices regardless of the corporate typically seen to have responded properly to the pandemic.
UK: Amazon-backed meals supply firm Deliveroo chooses London for profitable debut
Deliveroo mentioned it could go public in London with a two-class share construction, permitting founder and CEO Will Shu to retain management of the corporate. A UK government-backed evaluation not too long ago referred to as for reforms to the London itemizing regime, together with the opportunity of itemizing shares in two courses. It is a boon for the London inventory market, which is trying to appeal to extra high-growth tech firms to compete with New York and Europe.
Albert Heijn grocery store chain desires to open small unmanned retailers in Belgium
Dutch grocery store chain Albert Heijn desires to open not less than 100 small unmanned shops in varied places of work in Belgium and the Netherlands, he mentioned. They’re small supermarkets with a restricted vary of merchandise, unmanned and the place clients scan their purchases themselves. The chain plans to open not less than 25 in Belgium.
United Kingdom: Opening of an Amazon Contemporary grocery retailer in London
Amazon has opened a cashless grocery retailer in London – its first “proper on foot” retailer exterior of the US. Amazon Contemporary guests scan a smartphone app upon entry and are mechanically billed upon departure. Guests solely must bag an merchandise or in any other case take it out to be billed by the shop, which is situated on the avenue entrance to a shopping mall within the Ealing district.