USA: Premium Brands buys three meat brands
Premium Brands, the speciality food business, has acquired meat companies NSP Quality Meats, Casa Di Bertacchi, and Italia Salami for a combined value of $66 million. The three companies together generate around $200 million in annual sales and are described as having facilities in strategic locations across the USA. Casa Di Bertacchi manufacturers both branded and […]
Netherlands: Ahold Delhaize aquires Profi Rom Food
Dutch retail conglomerate Ahold Delhaize has announced that it has completed the acquisition of Romanian supermarket Profi Rom Food (Profi) from private equity fund MidEuropa for €1.3 billion ($1.35 billion). The acquisition significantly expands Ahold Delhaize’s footprint in Romania, where the company operates nearly 1,000 stores under the Mega Image banner. Profi has a network of 1,700 supermarkets and convenience stores, and […]
UK: Co-operative sets sights on 75 new stores in 2025
Co-operative, the UK retail group, has announced plans to open 75 new stores in 2025 to expand its footprint in convenience retail. Co-operative said the new openings would include both Co-op estate stores and Co-op franchise stores, while around 80 stores will also be refurbished over the course of the year. Commenting on the move, […]
Egypt: Monoprix to enter market
Monoprix, the French retailer owned by the Casino Group, has announced a partnership with convenience retailer TMT to enter the Egyptian market in 2025. “Monoprix will utilise its expertise in assortment management, store design, and customer experience, while TMT will take responsibility for operations management and adapting to market specifics”, the company said in a […]
Denmark: Dagrofa Group to invest in growth strategy
Dagrofa Group, the parent company of Spar Denmark, has announced its Gro ’27 strategy, a three-year growth plan that includes a 1.3 billion DKK ($182 million) investment in retail, food service, and logistics. Through Gro’27, Dagrofa plans to grow Dagrofa’s market share, achieve 600 million NOK ($182 million) in earnings by 2027, and position Meny […]
UK: Tesco to expand convenience store network
Tesco, the UK’s leading supermarket retailer, has announced plans to expand its convenience store footprint with the opening of 150 new Tesco Express outlets over the next three years. The new openings are set to create 2,000 jobs and build on the existing Tesco Express network, which currently numbers over 2,700 stores. To mark the […]
Australia: Instacart and Coles to launch ‘smart trolleys’
Instacart, the US grocery technology company, and Coles, the Australian supermarket retailer, have announced a partnership to bring Caper Carts ‘smart trolleys’ to the Asia Pacific region for the first time, expanding their presence beyond North America. Caper Carts, which will launch in Australia in early 2025, are described as being equipped with artificial intelligence (AI) systems, […]
UK: Ocado to invest heavily in private label in 2025
Ocado, the specialist online UK grocery company, is to invest heavily in its private label range in 2025, with the launch of hundreds of new items, according to a report in Grocery Gazette. The retailer, which said the new product range would particularly focus on seasonal items, said 89% of customers it surveyed agreed it […]
Italy: Lidl to open logistics centre in Sardinia
Discount retailer Lidl has announced that the company is investing €70 million ($77 million) to open a regional headquarters in Sardinia that will also host the companys’s 12th logistics centre in Italy. In a press release, Lidl sai the new facility, which is located in Assemini in the Cagliari region, will shorten the distance goods […]
India: Carrefour forms partnership to open grocery stores
French retailer Carrefour has just teamed up with UAE-based retail firm Apparel Group to open retail stores on the Indian market, according to a Business Standard report. Carrefour has formed the strategic franchise partnership in order to open hypermarkets, supermarkets and gourmet stores across India, with sizes ranging from 8,000 to 30,000 sq ft. Although […]