Retail Intelligence

Did you know?... 15 October, 2019

By Donna Ahern
Did you know?... 15 October, 2019

Did you know?... Farm office FranceAgriMer sharply increased its forecast for French soft wheat exports this season, pointing to optimism among traders that a big harvest and competitive prices would let France expand overseas sales.

Did you know?...Upmarket retailer Waitrose & Partners has announced that it has expanded and upgraded its premium private-label drinks assortment, No.1.
The new additions include six new drinks SKUs in the wine, spirits, and cider categories.

Did you know?... Portuguese retail group Jerónimo Martins has opened its first checkout-free Pingo Doce supermarket in Carcavelos in Lisbon. The Pingo Doce & Go Lab Store, located at the Nova SBE campus, mainly serves students residing in the university and surrounding areas.

Did you know?... Uber said on Friday it would buy a majority stake in online grocery provider Cornershop as the ride-hailing giant moves to expand its fast-growing delivery service into the grocery store market. Santiago-based Cornershop operates in Mexico, Chile, Canada and Peru, but chief executive Oskar Hjertonsson said the deal would allow it to deliver groceries "in many more countries around the world."

Did you know?... German retailer Metro has agreed to sell a majority stake in its Chinese operations to local retailer Wumart, Metro said on Friday, confirming an earlier Reuters report. Metro will retain a 20% stake in the Metro Wumart China joint venture, and receive proceeds of €1 billion, the German retailer said.


Did you know?... German retailer Edeka has launched its first organic supermarket - Naturkind - in Hamburg-Altona. The supermarket offers a range of fresh regional and seasonal organic food items, and is equipped with serving counters for meat, sausage, and cheese.

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