Weekly Roundup... 25 February, 2020
Published on Feb 25 2020 10:15 AM
Germany's Rewe Group has announced that it has completed the transition to sustainably sourced private-label orange juice ahead of its 2025 target. All own-brand orange juices and concentrates offered in approximately 5,800 Rewe and Penny stores across Germany have acquired Fairtrade, Rainforest Alliance or organic certifications. In 2018, the retailer pledged to sell only Fairtrade, Rainforest Alliance or organic-certified juices in the orange segment, reports ESMMagazine.com
Portuguese retailer Jéronimo Martins has reported a 7.9% rise in net profit, surpassing for the first time the €1 billion EBITDA mark, boosted by businesses in Poland. Net profit totalled €433 million, Jéronimo Martins, the largest food retailer in Poland and second-largest in Portugal, said in a statement. Sales in local currency at its Biedronka supermarket chain in Poland jumped 8.8% in 2019, despite the new regulation that prohibits opening supermarkets on some Sundays, reports Reuters.
Danish retail group Dagrofa has announced that Spar has teamed up with IKEA to introduce a new service that allows customers to pick up their online orders from IKEA in Spar outlets across Denmark. Presently, the Klik og Hent (click and download) service has been rolled out in 20 Spar outlets in the country. The service aims to bring IKEA products to local communities, Dagrofa said in its statement.
Reach, owner of the Mirror, the Express and the Manchester Evening News, aims to increase its registered users to 7 million by the end of 2022 to help secure the future of its British newspapers. With 47 million people accessing its national and regional content, Reach had one of the biggest digital and print audiences in Britain but was not monetising this effectively, its chief executive Jim Mullen said on Monday, reports Reuters.
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