Canada: Couche-Tard acquires CST Brands for $4.4 billion
Canada’s biggest convenience store company Couche-Tard has acquired rival chain CST Brands Inc. for $4.4 billion, according to a report in the Financial Post. The acquisition, which is the fourth secured by the Canadian company this year, represents the largest in its history and aims to strengthen the firm’s presence in Texas, USA and eastern Canada. Commenting on […]
Poland: Jeronimo Martins opens soup factory
The Portuguese based supermarket group Jeronimo Martins, through its Biedronka supermarket banner in Poland, has established a factory in the country that will manufacture private label soup products, according to an article in European Supermarket Magazine. The result of an initial investment of $7.8 million, the new factory, which is to be located in Parzniewo […]
India: Marya Day to open 100 stores by the end of 2017
Marya Day Agro Foods, a producer, distributor and exporter in the food, personal care and household industries in India, has opened its first four retail stores in the country since June 2016 and plans to open 100 more by the end of next year, according to a report in Progressive Grocer India. Marya Day has […]
Portugal: Lidl launches “retro week”
Discount retailer Lidl is seeking to tap into a collective nostalgia with the launch of a “retro week” in Portugal that will see historic brands and ‘vintage’ packaging go on sale in its stores for a limited period. According to HiperSuper, products to be made available include hand-wrapped Ach. Brito soaps, flavoured Predilecta Flour, Capri […]
Australia: Coles launches new convenience store banner
Australian supermarket chain Coles has launched a new chain of convenience stores branded as Big Yum at Little Coles, complementing its existing Coles Express banner, according to an article in the Australian. The new Coles stores are said to offer a range of products designed for immediate consumption, such as take-out coffee and cold drinks, […]
USA: Walmart looking to buy Jet.com – reports
Walmart – the world’s largest grocery retailer – is looking to reinvigorate its online sales through the acquisition of e-commerce start-up Jet.com, according to a report in Tech Crunch. Quoting “a source with direct knowledge of the deal”, Tech Crunch reports that Walmart is set to pay up to $3 billion for the online retail […]
USA: Dollar General buys 41 former Wal-Mart stores
Dollar General, the US-based discount retail chain, has announced that it has acquired and plans to reopen dozens of stores previously owned by multinational retail giant Wal-Mart. The low-cost supermarket group said it had acquired 41 of 102 Wal-Mart Express stores closed by its larger rival in January, and plans to relocate 40 of its […]
Netherlands: Plus launches same-day delivery
Plus, the Dutch supermarket chain, has launched a same-day delivery service under the name Plus Express. According to Plus, the service is simple to use, with consumers placing their order online as normal via plus.nl. Providing the order is placed before 4pm, they can then select a delivery slot for the same day. There is […]
Portugal: Les Mousquetaires to expand retail network
Les Mousquetaires, the French retail group that operates stores under banners such as Intermarche, Bricomarche and Netto, is set to expand its network in Portugal, according to an article in European Supermarket Magazine. The supermarket chain, which already has 241 supermarkets and a further 65 other stores in the country, is reported to have ambitions […]
Spain: Mercadona to expand to Portugal
Spanish supermarket chain Mercadona has announced its intention to move forward with its plan for global expansion by entering the Portuguese market. The company’s goal is to open the first four stores in the country by 2019. Mercadona estimates that the initial investment will be in the order €25 million ($27 million) and the expansion […]