Netherlands: Hoogvliet launches premium brand Buitengewoon
Hoogvliet, the Dutch supermarket chain, has announced an expansion of its private label product range with the launch of a premium assortment under the name Buitengewoon (‘Out Of The Ordinary’). The retailer, which operates a network of 68 stores in western and central Netherlands, said the new range would initially consist of 75 products and would […]
USA: 7-Eleven introduces bakery items targeting Hispanics
Multinational US based retail chain 7-Eleven has announced the launch a new line of bakery products for Hispanic consumers under the private label brand 7-Select. According to a company press release, the line is being rolled out after being test marketed for a number of months in Texas and Mexico. The line is comprised of […]
Netherlands: Jumbo and Coop agree deal for supermarket chain Emte
Jumbo and Coop, two leading Dutch grocery retailers, have announced the acquisition of the retail chain Emte from Sligro Food for €410 million ($506 million). The proposed sale includes Emte’s 130 supermarkets, its retail distribution centres in Kapelle and Putten, its meat plant in Enschede and its supporting operational and commercial departments at the head […]
Italy: Coop launches home cooking range
Leading Italian supermarket Coop has launched D’Osa, a new private-label line entirely dedicated to home cooking, as part of its 70th anniversary celebrations. The new range is advertised as being made with 100% raw and organic Italian ingredients, with low salt content and no artificial sweeteners, colours or thickeners. Comprising 37 items in total, ranging from […]
USA: Albertsons and Rite Aid to merge
Albertsons, the US grocery retailer, has announced that it has reached an agreement to merge with Rite Aid, a leading pharmacy chain, in a cash and stock deal. Rite Aid shareholders will own a 28 to 29.6% stake in the combined company, whilst current Albertsons shareholders will own a stake from 70.4 percent to 72 […]
Ireland: Lidl to invest €200 million in 2018
Lidl, the German discount retailer, is set to invest €200 million ($250 million) in Ireland in 2018 to strengthen its store and distribution network. Already the fourth largest grocery retailer in Ireland with market share of 10.5%, Lidl is now set to expand further by investing in both its stores and a new distribution centre, […]
UK: Tesco planning ‘discount’ chain – reports
Tesco, the UK’s leading grocery retailer, is considering the creation of a new ‘discount’ store chain to counteract the threat of Aldi and Lidl, according to an article in the Sunday Times. The Guardian reports that the new discount stores would seek to match the German discount supermarkets on price, while carrying only 3,000 lines, compared to 25,000 […]
USA: Albertsons launches Market Street Idaho banner
Albertsons, the US grocery retailer, has announced the opening of a new store concept called Market Street Idaho, to be launched in two locations in the Boise, ID area. According to the company, the new banner will introduce a unique shopping and culinary experience for foodies, inviting customers to “Eat Life Up”. Susan Morris, EVP […]
USA: Kroger to sell convenience store business to EG Group
Kroger, the US grocery retailer, has announced it has reached an agreement to sell its convenience store business to UK forecourt retail firm EG Group for $2.15 billion. Kroger’s convenience store business operates in 18 states of the USA and includes 66 franchise operations. The stores employ 11,000 associates and operate under the names Turkey […]
Saudi Arabia: Spar to enter market
Global retailer Spar has announced its expansion into Saudi Arabia with the opening of three stores in Riyadh, the country’s capital. The move is described as the first phase of the retail group’s expansion in the country through a partnership with Saudi conglomerate Al Sadhan Group. While the first Spar stores in the Saudi Arabian […]