Hypermarkets and supermarkets news

16 September 2013
Portugal-based Sonae has announced plans to open stores in Angola in 2015, in partnership with Isabel dos Santos, the daughter of the country's president. Focus to be on hypermarkets Sonae has said that it will open five hypermarkets, with the first set to open in 2015. The retailer said that it continued ‘ to believe that there are still opportunities in the market ’. Sonae first signed a pa...
16 September 2013
Tesco has revealed that it will open seven new stores in Ireland this financial year as part of its €70m investment in its operations. Creation of 200 new jobs Of the seven stores to open, five will be Express convenience stores and two will be larger stores. The new developments, along with the opening of six in-store mobile phone shops, are expected to create 200 new jobs. Eighty of these ...
14 September 2013
Kroger’s second quarter sales increased by 4.6%to $22.7bn, with identical store sales (ex-fuel) up 3.3%. Net earnings over the period increased by 13.6% to $317m. Consistent strategy execution for almost 10 years Kroger has now delivered 39 successive quarters of positive identical store sales growth, demonstrating the consistency of performance and execution of its customer first strategy....
12 September 2013
Sales at The John Lewis Partnership were up 7.3% to £4.73bn in the half year ended 27 July, driven by strong performance from both Waitrose and John Lewis. Waitrose marches on Waitrose has delivered another strong performance, with gross sales up 7.8% in the period, to £3.02bn and with like-for-like sales delivering an impressive 6.9% growth. Waitrose has reported that this is primarily driv...
12 September 2013
The latest updates on geographical expansion and format development from China Resources Enterprise, operator of the well-known CR Vanguard banner. Next generation premium store CRE has opened its third Ole' store in Shanghai. One of CRE's premium supermarket formats, the retailer plans steady expansion to cater for the market's growing band of affluent shoppers. The store is one of the...
12 September 2013
Morrisons has reported flat total turnover and adjusted its store opening programme to align it with changing channel opportunities. Profits fall back as sales flatline For the 26 weeks to August 4th, Morrisons announced: Total sales of £8.9bn for 26 weeks to April 4th, unchanged on H1 2011/12, with lower fuel volumes offsetting a slight rise in store sales Total ex fuel store sa...
11 September 2013
Migros' chief executive, Herbert Bolliger, has outlined plans to expand the retailer's organic supermarket, Alnatura. Up to 30 new stores in Switzerland In an interview with Swiss newspaper Neue Zürcher Zeitung, Mr Bolliger said Migros planned to open between 20 and 30 new Alnatura stores in Switzerland, but did not give a timescale. These will be located in major cities, for example Zuri...
11 September 2013
Japanese retailer AEON plans to open six new hypermarkets to further boost its presence in the Malaysian market. New stores to unlock long-term growth prospects for AEON The six new stores are scheduled to open between 2014 and 2016, to be located in secondary towns in Johor, Kedah, Kelantan, Perak, Selangor and Terengganu, The Star newspaper reports. AEON plans to capture growth in the ma...
10 September 2013
Botswana-based Choppies has announced that the purchase of rival Supasave will help it drive revenue and profit growth in its forthcoming financial year, ending June 2014. Acquisition to drive revenue Speaking about the company’s next financial year, Choppies’ marketing manager, Otsile Marole, said that it hoped the acquisition would drive revenue growth of at least BWP200 million (US$23.3 mi...
10 September 2013
Albertsons has announced plans to acquire Texas based United Supermarkets LLC. Profile: United Supermarkets Regionally based United currently operates 50 traditional, specialty and Hispanic grocery stores under its United Supermarkets, Market Street and Amigos banners, and seven convenience stores and 26 fuel centres under its United Express banner. United also operates two divisions, R.C. T...