Walmart de Mexico considers “strategic alternatives” to its operations in Central America
United States: Jim Dorey of Price Rite to become president of Inserra Supermarkets
Jim Dorey, president of value grocer Price Rite Marketplace, has joined ShopRite operator Inserra Supermarkets Inc. as senior vice president, a stepping stone to becoming the grocer’s president and chief operating officer. Inserra, based in Mahwah, New Jersey, said Ron Onorato, its current president and chief operating officer, intends to retire within the next 2 years, and Dorey will eventually move into that role. He starts at Inserra as Senior Vice President with immediate effect.
The number of convenience stores in the United States decreases by 1.5%
The number of convenience stores in the United States fell 1.5% to 148,026 at the end of December 2021 from 150,274 the previous year, according to data from the 2022 report. NACS/NielsenIQ Convenience Industry Number of stores. This is the fourth straight annual decline as single store operators continue to exit the industry, the National Association of Convenience Stores (NACS) added.
Amazon’s mandatory ‘wellness meetings’ tell workers to eat their vegetables
At Amazon fulfillment centers across America, Amazon warehouse workers are being summoned to mandatory group meetings designed to improve their well-being. In the middle of their shifts, summoned Amazon warehouse workers stand in front of a TV or laptop and watch a short animated video. In the videos, warehouse workers and an animated robot are shown bending over and using their “powerzone” (core muscles) to lift bins, grab and stretch. Workers are invited to follow the video, which lasts a few minutes. Then back to work. Amazon workers said they were asked to participate in wellness “caucuses” about once a month. Workers told Motherboard that some groups are also focusing on healthy eating, such as cutting back on sweets and carbs and eating more vegetables.
US: Fresh Thyme Market tracks sales gains with “smart” shelf labels
Fresh Thyme Market has seen a huge increase in sales since rolling out enhanced QR code technology to shelves for select products over a year ago. Business management software provider Cornerstone for Natural said Fresh Thyme products marketed with its smart shelf labels generated more than three times the sales of other items in their respective categories, based on data from SPINS retail. Equipped with patented ELi codes, interactive shelf tags display videos, PDFs, web content, images, and product information and attributes when scanned by a smartphone.
United States: BJ’s on the March in Michigan
Big BJ Club expands its footprint in Michigan, opening its latest location in the state capital of Lansing. The new Members Warehouse Club at 825 N. Marketplace Blvd will welcome shoppers beginning Friday, January 28.
Grocers must connect the digital dots or risk losing customers to competitors
As grocers seek to escape their dependence on third parties such as Instacart by building their own e-commerce businesses, they must juggle many factors. They have to assemble orders, they have to manage or outsource their drivers and routes, they have to track their inventory and maintain stocked eShelfs, they have to stay in communication with their customers and more. Inefficiencies at any time can both skyrocket costs and have ramifications for consumer experiences that could send them running to competitors. In an interview with PYMNTS, Guy BlochCEO of Cloud Delivery and Fulfillment Platform To bringnoted that when the puzzle pieces aren’t connected, things can fall through the cracks and customers aren’t quick to forgive.
Walmart’s Mexican unit considers “strategic alternatives” in Central America
Walmart’s Mexican unit said it was considering “strategic alternatives” to its operations in Central America, including a sale or joint venture, a move analysts said would help it focus on the Mexican market. more profitable. Walmart de Mexico, known locally as Walmex, operates about 860 stores in Central America, accounting for nearly a quarter of its footprint. “We believe there may be exciting opportunities for greater growth in El Salvador, Honduras and Nicaragua,” the company said in a statement.
Morrisons begins search for new CEO
Morrisons owners Clayton, Dubilier & Rice (CD&R) have launched a search for a new chief executive as David Potts has announced he will step down in around 2 years. CD&R is working with Skill Capital headhunters to find a replacement. Headhunters began the search late last year, with the executive search firm already approaching some potential candidates.
Gorillas to Acquire Frichti in Latest Instant Grocery Consolidation
German start-up Gorillas at announcement that it plans to acquire Frichti, a French startup that delivers both ready meals and groceries. The acquisition is not yet finalized, but the two companies have entered into exclusive discussions.
India’s Future launches legal challenge to avoid insolvency – filing
Indian retailer Future Group has challenged its own lenders in the Supreme Court to avoid facing insolvency proceedings over missing payments, citing its dispute with partner Amazon.com Inc, according to a legal filing reviewed by Reuters.
Japanese retail giant Seven&i faces investor calls for split – FT
Some major shareholders of Seven & i Holdings Co Ltd are planning to submit proposals at the company’s annual meeting to pressure Japan’s largest convenience store chain to spin off, the Financial Times has reported. . The Japanese owner of convenience store chain 7-Eleven has been under pressure to consider changes from investors including ValueAct Capital, which said the sum of its parts is worth far more than its current market value.
Getir to create thousands of UK jobs with £100m investment
Getir, one of the pioneers of fast grocery delivery, celebrated its 1st year of operation in the UK by outlining investment plans for the market. Getir’s electric bikes and mopeds began delivering to London in January 2021. It is now operational in around 20 cities and towns, including Manchester, Birmingham, Liverpool and Portsmouth, creating around 4,000 jobs.
Spain: Grupo DIA sees its sales fall by 3.4% to 6.65 billion euros in 2021
Spanish retailer Grupo DIA reported a 3.4% drop in year-on-year sales in 2021, to 6.65 billion euros, according to provisional data sent to the local market regulator CNMV. However, like-for-like sales increased by 5% compared to 2019. In the Spanish market, sales fell by 6.6% to 4.21 billion euros, and the Portuguese market recorded a decline of 5 .9%, to 592.9 million euros. Sales in Brazil fell by 13.7%, to 802.1 million euros, while the Argentinian market recorded growth of 28.2%, to 1.04 billion euros.
Deliverect, backed by Newion, is now a unicorn: the Belgian food technology start-up raises 132.6 million euros
Online food delivery management company based in Belgium Deliver announced that it has raised over $150m (€132.6m) in a Series D funding round. Deliverect has now raised a total of $240m to date and reached a valuation of $1.4 billion. The round was led by Coatue Management LLC and Alkeon Capital Management. Existing investors Newion, OMERS Ventures, DST Global, Redpoint Ventures and Smartfin also participated.
Poland: ABC of the Eurocash Group opens its 500th renovated store
In December last year, Eurocash Group’s ABC distribution chain open its 500th store with its new concept in Warsaw. The Polish retailer began the process of rebranding the ABC network in September 2020.