60 years of business innovation

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Daily Harvest teams up with Blake Griffin, Carmelo Anthony, Jared Goff, Trea Turner, Kemba Walker and other world-class athletes to inspire Americans to “Eat the Solution”
Daily Harvest has announced that it is partnering with notable athletes committed to encouraging Americans to “eat the solution” and consume more organic fruits and vegetables every day. Blake Griffin (Brooklyn Nets), Carmelo Anthony (Los Angeles Lakers), Jared Goff (Detroit Lions), Trea Turner (Los Angeles Dodgers), Kemba Walker (New York Knicks) and other star athletes invested in Daily Harvest via Patricof Co, a highly specialized private investment and advisory platform for professional athletes that will deliver their collective commitment to a better food system. The athletes were part of the company’s Series D funding, which closed in the first quarter of 2022.
Source: prnewswire.com

USA: Target celebrates 60 years of retail innovation
Just over six decades ago, shoppers eagerly awaited the official opening of Target Corp’s first store. in Roseville, Minnesota. May 1, 1962 marked the location’s first day of business, and the retailer looks back on its rise to retail supremacy. The idea for Target originated as The Dayton Company sought to develop a new kind of discount retailer for the mass market. On May 9, 1961, it was reported that the company planned to form a chain of discount stores with Douglas J. Dayton at the helm.
Source: progressivegrocer.com

Bingo the most profitable supermarket in Bosnia and Herzegovina
The five largest food retailers in Bosnia and Herzegovina reported an increase in their profits in 2021 compared to the previous year, reaching a total of 170 million BAM (86.9 million euros). According to an analysis by local portal Capital, market leader Tuzla-based Bingo made BAM 86 million (€44 million) in profit on revenue of BAM 1.4 billion (€716 million) for the year.
Source: esmmagazine.com

Appetito buys Tunisian e-gross Lamma
Cairo-based grocery delivery startup Appetito has acquired Tunisian startup Lamma for an undisclosed amount, it said in a press release. The merger is expected to be finalized by the end of Q3 2022 and will give Appetito access to Lamma’s markets in Tunisia and Morocco.
Source: company.press

Italy: Unicoop Firenze sees sales and profits increase in 2021
The Italian regional cooperative Unicoop Firenze recorded gross retail sales of 2.4 billion euros in 2021, a growth of 1.3% compared to the previous year. Revenue increased 1.6% year-on-year to €2.52 billion, while net profit totaled more than €25 million, or €17 million after tax. Thanks to the positive result of 2021, the net assets of the cooperative reached 1.73 billion euros.
Source: esmmagazine.com

SPAR Annual Report: Supply Chain Progress with Purpose
SPAR said: “The strength and resilience of SPAR’s supply chain network is essential to the sustained growth of the organization. Through continuous innovation and investment, SPAR’s operations around the world benefit from our strong international yet local focus. By working with our suppliers and global logistics teams to better understand end-to-end product flows, SPAR continues to improve product availability while sustainably reducing costs. Learn more about SPAR’s international supply chain projects and successes in our 2021 Annual Report.”
Source: spar-international.com

Australia: Woolworths takes on national mini-supermarket scheme with 25 other sites set to open in inclusive schools and recruitment centers
Australia’s largest retailer has announced it will be rolling out an additional 25 Woolies mini-supermarkets across all states and territories by June next year, providing a safe and inclusive experience for attendees who have learning or developmental delays. development with valuable life experiences. Clarke Road School in Hornsby was launched with the help of the Woolworths State construction team, who created the purpose-built mini-supermarket in a storage unit refurbished by the Ku-ring-gai Rotary . The team rebuilt accessible walkways in the mini-supermarket, replanted the outdoor fruit and vegetable garden so students learned the importance of harvesting fresh fruit and vegetables, and tidied up the chicken coop.
Source: woolworthsgroup.com.au

Eroski reaches an agreement with the Basque government on sustainable agri-food development
The retailer Eroski has signed a collaboration agreement with the Basque government to strengthen and develop the local agri-food industry in the three Basque territories. The partnership aims to guarantee the sustainability of the Basque Country’s agri-food sector, participating in innovation programs and promoting agreements that facilitate the development and distribution of local products.
Source: esmmagazine.com

China’s online grocer Dingdong Maicai halts operations in several lower-tier cities
Dingdong will stop providing delivery services in two cities in eastern Anhui province – Xuancheng and Chuzhou – from 6 p.m. Tuesday, according to a May 29 report from Ahwang (in Chinese), a regional media outlet. The company will also halt operations in the northern city of Tangshan in Hebei province and the southern city of Zhuhai in Guangdong province around the same time.
Source: technode.com

Portugal: Sonae’s MC branch sees first-quarter sales up 3.8%
Portuguese food distribution group MC, part of Sonae SGPS and formerly known as Sonae MC, posted revenue of 1.29 billion euros in the first quarter of 2022, up 3.8 % year over year and 2.2% on a comparable basis. Hypermarket sales totaled €421 million (+1.4% YoY and +1.9% LFL), while supermarket sales amounted to €639 million (no change YoY). year and -2.1% LFL).
Source: esmmagazine.com

Israel: Shufersal blames Covid easing for weak results
The Israeli supermarket chain Shufersal Ltd. posted weak results for the first quarter of 2022. The company attributed the poor performance to the end of the Covid shutdowns and the timing of the Passover holiday, which last year boosted sales by tumbling in the first quarter. Shufersal’s revenue in the first quarter of 2022 was NIS 3.5 billion, down 7% from NIS 3.8 billion in the first quarter of 2021. Net profit in the first quarter of 2022 was 27 million of NIS, down 76% from the first quarter of 2021.
Source: en.globes.co.il

Carrefour EAU will replace plastic bags at checkouts with alternatives to starch
Carrefour UAE, which is owned and operated by Majid Al Futtaim, will offer a sustainable alternative to plastic bags in response to the new government policy banning the use of single-use plastic. The distributor will provide starch-based vegetable bags at its checkouts. These will be available for 25 fils in Carrefour stores in Abu Dhabi and Al Ain from June 1 and in Dubai from July 1. They take less than six months to completely decompose.
Source: retailtechinnovationhub.com

UK retailers have raised prices the most since July 2011 – BRC
UK retailers raised prices at the fastest pace in more than a decade last month as food costs soared and energy and transport costs rose for stores, said an industry body. The British Retail Consortium (BRC), which represents supermarkets and other large retail chains, said average prices among its members last month were 2.8% higher than a year earlier, the largest annual increase since May 2011.
Source: Reuters.com

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