Hypermarkets and supermarkets news

27 August 2020
Amazon has opened its first Amazon Fresh grocery store in Woodland Hills, Los Angeles. First Amazon Fresh store According to Amazon, the new store will deliver consistently low prices, a more convenient shopping experience, and free same-day delivery. The store will offer a range of national brands as well as produce, meat and seafood. A range of prepared foods will also be made fresh in st...
27 August 2020
Woolworths has published its FY20 results for the year ending 28 June 2020, with group sales up 8.1% to AU$63,675m, but EBIT down 0.4% to AU$3,219m due to the impact of COVID-19 in H2. ‘Devastating impact of COVID-19’ In the second half of the year Woolworths' sales and EBIT were heavily influenced by the global pandemic. The shopping experience and sales patterns were particularly impacted...
26 August 2020
Texas-based HEB has opened a new supermarket featuring a food hall concept, Main Streat. Dine in, takeout and delivery The HEB store in Austin, Texas features a range of foodservice concepts as part of the Main Streat food hall and bar. It offers takeout, limited capacity dining on an outdoor patio and inside, and free delivery from Favor, the retailer’s on-demand delivery company. Although...
25 August 2020
Morrisons has launched its Market Kitchen food-to-go concept at a second store, following the launch at its Canning Town store last year. As reported by The Grocer, Asda has also opened a new Asian street food KellyDeli concession. Second Market Kitchen concept Morrisons has opened its Market Kitchen concept at its Manchester Piccadilly Gardens store. Customers can choose from a range of...
25 August 2020
Jordao launched an artificial intelligence (AI) micro store in partnership with Reckon.AI. Meanwhile, Go Natural plans to expand its online presence and product distribution. Separately, Auchan Portugal has been investing in technology to improve shopper satisfaction by introducing blockchain technology and autonomous robots. Jordao opens AI powered micro store Jordao has launched a micro s...
20 August 2020
Woolworths is set to launch its latest Ooshies collectables campaign on 26 August, with the exception of in Victoria due to the current COVID-19 lockdown in Melbourne. 36 Disney+ characters will be available for collection The campaign will build of the Lion King Ooshies that it ran last year, with the new theme focused on the Disney+ that launched in Australia in November last year. When s...
20 August 2020
Woolworths has invested AU$552m (US$396.0m) in acquiring a 65% stake in PFD Food Services, Australia's second largest foodservice supplier. Another cog in the Woolworths ecosystem The deal involves AU$302m (US$216.7m) for the equity interest in the business and a further AU$249m (US$178.7m) that will see Woolworths acquire its 26 freehold properties and distribution centres. Woolworths Grou...
20 August 2020
10 things we learned from ICA’s Q2 results ICA has reported its Q2 results, with net sales increasing by 4.6% to SEK 31,924m (€3.1bn). We round up the highlights including growth in hypermarkets, larger supermarkets and online, as well as consider the impact of Coronavirus (COVID-19) on KPIs and trends. We also review performance in the Baltics and in the pharmacy business, in addition to a...
19 August 2020
At a corporate level, UAE-based Majid Al Futtaim saw a fall in revenue of 3%, to AED17.3 bn (US$4.7 bn), and a 27% decrease in its EBITDA, to AED1.6 bn (US$435.5m), in the first half of its financial year. In its results, its Retail division was a bright spot, with Majid Al Futtaim Retail reporting a rise in revenue and EBITDA. Majid Al Futtaim sees stark differences during first half The c...
18 August 2020
Coles has reported FY20 results with sales up 6.9% to AU$37,408m and EBIT up 4.7% to AU$1,387m. Supermarkets sales up 6.8% to AU$32,993m Strong supermarket sales and EBIT growth of 10.7% were a result of Coles’ refreshed strategy and an increase in demand created by COVID-19. LFL sales growth for the year was 5.9%, with sales growth of 7.6% and 7.1% on a total and LFL basis in Q4, respectiv...