Supermarkets
Temu, the new Chinese e-commerce competitor in the USA
According to CNN, A new online shopping platform tied to one of China’s largest retailers has quickly surpassed Amazon and Walmart as the most downloaded app in the United States. It is now attempting...
Carrefour makes a foray into Mongolia.
Carrefour International Partnership expands its worldwide footprint by announcing the launch of its first two shops in Mongolia, in collaboration with Altan Joloo and its subsidiary Sansar, under the banners Carrefour (hypermarket) and Carrefour...
Tesco UK may consider selling its banking division.
According to Sky News, Britain’s largest retailer Tesco Plc (TSCO.L) plans to examine its participation in the UK banking sector, which could lead to the sale of its banking subsidiary. According to the story,...
Sweden’s JYSK has selected Resurs as a payment provider.
JYSK’s objective is to be able to provide its consumers the ability to plan their purchases in order to make better and more sustainable financial decisions. To that end, JYSK has recently selected Resurs...
Walmart to close underperforming stores.
Walmart has determined that, for the time being, e-commerce-only stores are no longer necessary because the business has extended pickup and delivery operations to hundreds of full-service locations in the years after the Bentonville...
Aldi UK plans to add 6,000 new jobs.
According to the German multinational, new stores will be opening in Norwich, Newcastle, Castle Donnington, Norwich, Porthcawl, Newcastle, Whittlesey, Staines Upon Thames, Slough, and Southampton, while units in Huddersfield and Shrewsbury will do the...
Ahold-Delhaize invites suppliers to reduce prices to pass them on to final customers.
Ahold Delhaize, the parent of Albert Heijn, wants suppliers to pass on the decreased prices of raw materials and energy so that Ahold can pass on those lower prices to customers. The group’s top...
Romania : ” 5 to go ” coffee, A new partnership with Carrefour to install coffee corners.
The value-focused coffee company will build 11 ‘Coffee Corner 5 to Go’ locations within the Romanian network of the grocery chain, while also expanding its retail distribution reach. 5 to go, a Romanian...
SPAR to acquire ANN FORSHAW trademark
SPAR distributor, the James Hall Group, has acquired Ann Forshaw’s dairy goods trademark and the related Alston Dairy for an unknown fee. This recent acquisition adds to James Hall’s growing portfolio of food and...
Kmart leads Wesfarmers to a significant profit.
Wesfarmers, the retail giant, has recorded a great half-year performance, with a net profit of $1.4 billion, up 14% from the previous year. Profits increased by 27% as revenue increased by 27% to around...