News and articles
CP Group acquires Tesco stores in Thailand and Malaysia
Tesco sells its Thai and Malaysian businesses to CP Group, a Bangkok-based food, retail and agri conglomerate. The transaction’s value is USD 10.6 billion. Tesco has said that the completion of...
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Russian grocery retailer VkusVill intends to open stores in the Netherlands and France
Rapidly growing Russian supermarket chain VkusVill – with revenues of more than USD 1.3 billion last year – plans to open a store in the Netherlands and in France. VkusVill...
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Waitrose: 24 more stores in the online delivery network
UK retailer Waitrose & Partners intends to add 24 stores to its online delivery service network in the next few months. Presently, customers can ask for home delivery of online orders...
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Campari completes acquisition of French distributor
Italian group Campari has completed the acquisition of Baron Philippe de Rothschild France Distribution S.A.S. From now on the company will be known as Campari France Distribution S.A.S. The EUR...
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Cactus expands private label fairtrade coffee selection
Luxembourg-based retailer Cactus has added five new coffee products to its private label range that is Fairtrade-certified. The new additions that are available in Cactus outlets include espresso, mocca and decaf...
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Impossible Foods cuts wholesale prices by 15 percent
Impossible Foods is slashing wholesale prices on its products by 15 percent on average. The producer of the meatless Impossible Burger told: that the price reduction is thanks to manufacturing...
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Rewe and Penny sell sustainable private label orange juice
Germany’s Rewe Group has completed the transition to sustainably sourced private label orange juice earlier than its 2025 target. All private label orange juices and concentrates sold in about 5,800...
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Tesco opens first cashless store in London
Tesco opened its first cashless store in London at the end of February. Shoppers can turn to staff members for help, but the store only has self-service checkouts. Many think...
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M&S extends test period for refill programme
Marks & Spencer has decided to extend the test period of its refill project, which allows customers to refill food products using their own containers. The retailer revealed: more than...
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Sainsbury’s offers cleaning product refill service
Sainsbury’s has launched a dish washing and laundry detergent refill service. This step forms part of a trial to offer customers an alternative to plastic usage. Sainsbury’s has implemented the...
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Billionaire petrol industry entrepreneurs eye Asda
Asda is reportedly surrounded by petrol station tycoons and private equity houses after US owner Walmart confirmed it was in talks to sell its share last week. Walmart is thought...
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Amazon Go technology made available to third parties
Amazon Go technology made available to third partiesAmazon.com Inc is starting a new business line, selling the technology behind its cashierless convenience stores to other retailers. The world’s biggest online...
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Poland’s Żabka serves meat-free hotdog in its cafés
Polish retailer Żabka has introduced meat-free hot dogs in its Żabka Cafés in all of its stores. The sausages in the hot dogs are made of pea protein, potato protein, spices...
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Ebay UK launches own payment system
Ebay UK has decided to end its relationships with PayPal and launch its own managed payment experience – for both buyers and sellers. The United Kingdom will be the third...
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Morrisons opens 20 new positions in its apprenticeship programme
Morrisons is offering 20 apprenticeships to people older than 16 years, so that they can become fully qualified food maintenance engineers. Food maintenance engineers work across Morrisons’ 18 food making...
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Pepsi’s big shot in the energy drink market
PepsiCo Inc opened a new front in its battle with Coca-Cola Co in the energy drinks market, with a USD 3.85 billion deal to buy Rockstar Energy Beverages. The deal...
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Pernod Ricard buys distillery in Kyoto
Pernod Ricard has announced a ‘significant investment’ in Kyoto Distillery brand KI NO BI Kyoto Dry Gin, as part of its ‘Transform & Accelerate’ strategy. The drinks company said that...
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Edeka launches private label vegan patties and mince
In March German retailer Edeka rolls out a new range of private label vegan burger patties and mince branded as No Meat. The products are made of plant-based ingredients, and...
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‘Everything I learned about this company comes from my parents’
For the first article about the generation change, our magazine interviewed the former and the current managing directors of Detki Keksz Kft., Olga Pavlova and Péter Koósa. How did the...
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Sysco approaches Metro about takeover
Sysco has approached Metro about a potential takeover, because the US food distribution giant wants to expand in Europe. Sysco has made fresh overtures to Metro in recent weeks, after...
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Walmart adds grocery feature to app
For many years Walmart operated two separate apps for general shopping and for grocery. Now the discounter is adding the function of its grocery app to its Walmart app. The...
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Tesco to price match Aldi products in the UK
Tesco will start price matching Aldi on hundreds of everyday items, as the latest step in its strategy to stem the market share growth of its rival. The move would...
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Henkel to sell or discontinue certain brands to boost profit
Henkel plans to sell or discontinue some brands in its consumer businesses by 2021, while looking for acquisition opportunities as it tries to turn around its fortunes after a series...
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Starbucks deal seems to pay off for Nestlé
Nestlé and Starbucks hope that the new products developed in their cooperation will help to increase sales. In May 2018 Nestlé paid USD 7.15 billion for rights to sell Starbucks-packaged...
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First Amazon Go grocery store five times bigger than usual Go stores
Amazon launched a new larger Amazon Go Grocery store format, the floor space of which is nearly five times bigger than of its cashierless convenience stores. The new shop utilises...
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Carrefour opened ten new stores in Poland in the first two months
Carrefour Polska opened ten new franchise stores in Poland in the first two months of the year. The retailer cooperates with small and medium-sized Polish entrepreneurs to launch small-format convenience...
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Tesco leaves China
Tesco leaves its joint venture with China Resources Holdings in China, which was established in 2014. As the retailer continues to reorganise its international businesses, Tesco has agreed to sell its 20 percent...
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Hungarians spent gross 625 billion forints in online shops last year
GKI Digital and Árukereső published the 2019 results of Hungarian online retail on 11 March. Sales reached gross HUF 625 billion, surpassing the 2018 level by 16 percent. Online’s share...
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Understanding and offering experiences
LogiNet, Liferay and IFUA Horváth & Partners have organised a discussion with the participation of the representatives of UNION Biztosító, Takarékbank, K&H Bank Zrt., Bookline and Nestlé. The experts agreed...
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We can be cheated easily online
If there is a problem with the quality of products purchased online, 89 percent of European consumers ask for compensation or their money back, and only 6 percent do nothing....
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