USA: Kroger launches Hispanic-inspired Mercado brand
Kroger, the leading US grocery retailer, has announced the launch of Mercado, a Hispanic-inspired brand offering more than 50 products sold exclusively in the Kroger family of stores. The new lineup will include queso fresco, Oaxaca cheese balls, ready-to-cook flour tortillas, pre-cooked white corn meal, chorizo ground sausage, thin-sliced beef strip steak, aqua fresca and […]
Colombia: Jeronimo Martins plans further expansion of Ara retail chain
Jeronimo Martins, the Portuguese retail chain, has announced the further expansion of its Ara banner in Colombia, with its network of stores projected to reach 1,300 by the end of 2023, up from fewer than 1,100 the year before. Staff headcount is set to increase to 14,500, with the company also expecting to operate 17 distribution centres […]
Spain: Carrefour to acquire 47 stores from El Corte Ingles
Carrefour, the leading French supermarket chain, has announced it has entered into an agreement with Spanish peer El Corte Ingles to acquire 47 stores under the SuperCor banner. The stores involved in the transaction are located mainly in the Madrid, Catalonia, Andalucia and Comunidad Valenciana regions, and have an enterprise value of €60 million ($62.1 […]
Netherlands: Albert Heijn launches plant-based brand
Albert Heijn, the leading Dutch supermarket chain, has announced the launch of a new plant-based line comprising 200 products under the brand AH Terra. The new line-up includes plant-based dairy alternatives for coffee, hummus and vegetable spreads, plant-based cheese and meat alternatives, non-dairy mayonnaise, margarine, snacks, and plant-based shrimp. Commenting on the brand launch, Albert […]
USA: Kroger and Albertsons to divest over 400 stores following merger
Kroger and Albertsons have announced plans to divest 413 stores to retail supply firm C&S Wholesale Grocers in connection with the proposed merger of the two chains, which was announced last year. The deal involves stores operating under banners such as QFC, Mariano’s, and Carrs. Kroger will also sell private label brands like Debi Lilly […]
USA: 7-Eleven expands to Laos
7-Eleven, the US convenience store chain, has announced a further expansion of its geographic footprint with the opening of its first store in the Southeast Asian country Laos. Located in the capital Vientiane, the outlet is described as featuring 7-Eleven’s “signature retail environment” and as serving a variety of internationally-popular products and beverages including bean-to-cup coffee […]
UK: Iceland embarks on major NPD push with launch of 500 items
Iceland, the UK frozen food retailer, has announced the launch of 500 new exclusive products in its Iceland and The Food Warehouse stores, as well as its concessions in The Range. The new range includes ready meals under brand licences such as TGI Fridays, Yo!, Cathedral City, Blue Dragon and MyProtein, as well as own […]
USA: Aldi to acquire Winn-Dixie and Harveys stores
Aldi, the Germany-based retail chain, has announced an expansion of its footprint in the US with the acquisition of the Winn-Dixie and Harveys chains as part of as part of a larger divestiture of Southeastern Grocers. The deal includes 400 Winn-Dixie and Harveys stores in Alabama, Florida, Georgia, Louisiana, and Mississippi, making up 75% of […]
UK: Asda launches cooking ingredients range
Asda, the UK grocery retailer, has announced the launch of a new line of cooking ingredients under the banner Cook By Asda. The new line-up of over 130 “affordable, high-quality” pre-prepared ingredients is intended to inspire shoppers to experiment with different flavours, the company said, identifying product highlights such as gochujang, massaman and laksa spice […]
Portugal: Auchan acquires business from Grupo Dia in the country
French multinational retail group Auchan has announced the acquisition of Grupo Dia’s operation in Portugal, where the company currently operates 489 stores. According to sources, the deal includes all 489 stores under the Minipreco and Mais Perto banners, three warehouses, licenses and assets necessary for the operation. In addition, the agreement guarantees the integration of […]