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 […]
UK: Aldi announces £800 million investment to accelerate expansion
German retail giant Aldi has announced an investment of £800 million ($1 billion) to expand its presence in the UK. In a press release, the retailer descrbed the sum as its “largest ever package of annual investment”, and said it plannedto open 23 new stores before the end of the year, including Muswell Hill in […]
USA: Amazon launches budget private label brand
E-commerce giant Amazon has announced the launch of Amazon Saver, a new private label range of budget groceries for its US consumers. Amazon said it had already begun rolling out the new brand line, which includes items such as crackers, biscuits, canned fruit and condiments each priced at under $5, and planned to add more […]
UK: Waitrose to open 100 convenience stores in next five years
Supermarket chain Waitrose, a subsidiary of the John Lewis Partnership, has announced plans to invest £1 billion ($1.31 billion) over the next five years to open 100 convenience stores and refurbish 150 existing outlets. The store upgrades will feature revamped service counters and expanded space for on-demand grocery orders, as well as branded concessions such […]
Tradeshow Look Ahead: Jeff Lenard, NACS Show 2024
Gama spoke to Jeff Lenard, NACS Vice President of Strategic Industry Initiatives, ahead of the latest edition of the NACS Show. What are your expectations for this edition of the NACS Show? What features are there for visitors to look forward to? The NACS Show is where retailers go to find the future of […]
Portugal: Les Mousquetaires to invest €100 million to expand store network
Les Mousquetaires, the French retail company that operates the Intermarche, Bricomarche and Netto banners, has announced an investment of €100 million ($109 million) to establish 80 new stores in Portugal within the next five years. The focus of the strategy will reportedly be smaller and medium-sized Intermarche stores ranging in size from 1,000 to 2,500 […]
Australia: Coles opens second automated distribution centre
Australian grocery retailer Coles has announced the opening of a new distribution centre in Western Sydney, the company’s second to function using automated technology. In a press release, the company said the new distribution centre was part of an investment of more than $1 billion ($655 million) in technology led innovation. The 187,000 sq mt […]
Denmark: Salling Group acquires 35 stores from Coop Denmark
Salling Group, Denmark’s largest grocery chain, has announced the acquisition of 35 stores from Coop Denmark. In a press release, the company said the deal included 25 365discount stores, as well as three and five under the Kvickly and SuperBrugsen banners respectively. Anders Hagh, CEO of Salling Group, said: “We are proud of the purchase, […]
USA: Walmart launches private label brand BetterGoods
US retail giant Walmart has announced the launch of BetterGoods, a new brand that is claimed to mark the company’s largest private-brand food launch in 20 years. According to Walmart, the range features 300 products, including frozen, dairy, snacks, beverages, pasta, soups, coffee, chocolate and more. BetterGoods products will also fall within three “category pillars”, […]
Saudi Arabia: Spinneys plans first store openings
Spinneys, the United Arab Emirates (UAE) based retail chain, has announced plans to open its first stores in Saudi Arabia as it seeks to expand its presence in the Gulf Cooperation Council (GCC) region. Spinneys is an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands, and presently has stores […]