Russia: Magnit takes controlling stake in Azbuka Vkusa
Magnit, a leading Russian retailer, has announced the acquisition of a controlling stake in Azbuka Vkusa, a premium grocery chain, through its subsidiary AO Tander. Azbuka Vkusa operates 171 stores across multiple formats, primarily in Moscow and Saint Petersburg, alongside an online delivery service and catering business. The acquisition also includes five production facilities, three […]
Germany: Rewe to invest $3.42 billion to expand Penny in Romania
German retailer Rewe has announced plans to invest €3 billion ($3.42 billion) to grow its store network in Romania, taking the total number of outlets from 417 to 1,000 by the year 2035. According to sources, the retailer plans to open 40 more stores and complete its fifth warehouse in Mihailești this year. It also […]
UK: Iceland Foods to open warehouse in Warrington
Frozen food supermarket giant Iceland Foods has inaugurated a 500,000 sq ft warehouse in Warrington, UK, via a £100 million investment. The distribution hub is described as the company’s largest in the UK, with sections dedicated to ambient food, chilled products and frozen foods and a workforce of 750. The Warrington depot will deliver to more than […]
Belgium: Cora to cease trading in 2026
Belgian supermarket chain Cora has announced the closure of all of its seven hypermarkets in Belgium by the end of 2026. According to sources, the company, which is part of the Louis Delhaize Group, took the decision due to a decline in purchasing power, the popularity of online shopping, foreign competition, and the decline of the hypermarket […]
Colombia: Jeronimo Martins to acquire 75 Colsubsidio supermarkets
Portuguese retailer Jeronimo Martins has received approval from Colombia’s antitrust authority to acquire 75 Colsubsidio supermarkets to boost its presence in Colombia to more than 1,500 outlets. In November last year, Colsubsidio announced that it would close all 104 of its stores by December due to declining performance and increased competition. The newly acquired stores […]
USA: Dollar Tree to divest Family Dollar
Dollar Tree, the largest discount retailer in the US, has announced it has entered into an agreement to sell its Family Dollar business to Brigade Capital Management and Macellum Capital Management for $1 billion. Founded in 1953, Dollar Tree operated over 16,500 stores as of 1st February 2025, spanning 48 US states and five Canadian […]
Mexico: Walmart to invest $6 billion
Walmart, the US supermarket giant, has announced an investment of over $6 billion in its Mexico operations for 2025. As part of this initiative, Walmart de Mexico plans to expand its presence by opening new stores under the Bodega Aurrera, Sam’s Club, Walmart Supercentre, and Walmart Express banners, creating approximately 5,500 direct jobs. These additions will […]
France: Carrefour to launch new store concept in Paris metro
French retailer Carrefour has announced the opening of 45 stores in Paris metro stations under the new banner Carrefour Proximite. According to sources, the Carrefour Proximite stores will range in size from 50 to 250 sq m and be opened as part of the Grand Paris Express metro expansion project. The new concept is said to offer […]
Switzerland: Coop launches own brand products ‘made from byproducts’
Swiss retailer Coop has announced the launch of Nice to Save Food, a new brand lineup featuring products made from food “byproducts”. Flagship ingredients in the new brand range include okara, generated during the production of tofu and soya drinks, and oat bran, a by-product of oats and oat flour. Both of these ingredients are claimed to […]
Japan: KKR to sell Seiyu supermarket chain to Trial Holding
Leading investment firm KKR has announced the sale of Japanese supermarket chain Seiyu to retail firm Trial Holding for ¥380 billion ($2.54 billion). Trial Holding is a distribution and retail business on the island of Kyushu with a network of stores offering “everyday essentials”. In 2021, KKR acquired a 65% majority stake in Seiyu from […]