Spain: Dia plans to expand in Latin America
Spanish retailer Dia is planning to expand in Brazil and Argentina. According to Reuters Brasil, the group announced that it plans to open 1,500 new stores in Brazil and 1,100 in Argentina by 2020, as a result of strong organic growth in Latin America. Currently, Dia has 1,000 stores in Brazil and more than 7,000 […]
Poland: Jeronimo Martins opens new facilities
Portuguese retailer Jeronimo Martins has announced plans to expand by opening its 16th distribution centre in Poland as well as opening new stores in the country. The new distribution centre for the group’s supermarket chain Biedronka is expected to open in Q3 2017 and to be located in the western region of Poland. According to sources, […]
USA: Amazon to acquire Whole Foods Market
US e-commerce giant Amazon has agreed to acquire the retailer Whole Foods Market for $13.7 billion including net debt. The acqusition is the latest in a series of significant moves by Amazon into FMCG retailing, including the opening of its first bricks-and-mortar grocery store in December of last year. According to Food Business News, the […]
Denmark: Dansk Supermarked to acquire Kiwi stores
Danish retailer Dansk Supermarked has reached an agreement to acquire 81 stores from competitor retailer Dagrofa. According to European Supermarket News, Dansk Supermarked aims to convert more than half the acquired stores into Netto outlets, whilst leases on the other stores are set to be offloaded to other retailers. Following the transaction, Dagrofa is set […]
Denmark: Aldi to close 32 stores
German discount retailer giant Aldi has announced that it is going to close 32 stores in Denmark, after the retailer made a loss for the second consecutive year, according to a report in ESM. According to sources, the reason behind the decision was a reported loss of 246 million DKK ($37.1 million) in 2016, which […]
Netherlands: Jumbo introduces convenience store concept
Dutch retailer Jumbo has announced the opening of Foodmarket City, a convenience store with a new and ‘unique’ concept, according to a report in ESM. Foodmarket City is said to feature a combination of elements from Jumbo stores, food markets as well as freshly prepared food, in collaboration with restaurant chain La Place. Food such […]
China: Spar announces expansion
Dutch multinational retailer Spar has announced a new partnership in China with Yunnan Anning Jinfang Commercial Group (Jinfang), with plans to open 32 new stores in the country. The new partner, Jinfang, operates in the retail sector in China and will invest in converting 32 of its stores into the Spar brand in the coming […]
Switzerland: Coop to launch vegetarian store
Coop, the leading Swiss grocery retailer, is set to launch a new retail outlet offering vegetarian friendly products, according to a report in 20 Minuten. Specific details of the new concept are said to remain closely guarded, but 20 Minuten reports that the store is set to be named Karma and will focus on products […]
USA: Walmart to launch private label for Italian products
US based retail giant Walmart has announced a one-year agreement with the Italian Trade Agency (ITA) to launch a new range of imported products from Italy under a new private label. According to European Supermarket Magazine (ESM), the new agreement will see the retailer will buy 16% more food and wine products from Italy per […]
France: Ajinomoto debuts in France
Japanese food manufacturer Ajinomoto has debuted in France, as it seeks to initiate an expansion into Europe. A line of frozen ready meals is being listed by French multinational retailer Carrefour “to establish a sales channel in France and offer a full product lineup”, according to the manufacturer. Eight varieties of frozen Japanese foods including Gyoza […]