Hypermarkets and supermarkets news

24 May 2022
Sonae MC announced its total turnover for Q1 2022 reached €1,294m, an increase of 3.8% compared to 2021 and like-for like (LFL) sales grew by 2.2%. Sales performance Sonae announced its sales growth highlighting a strong performance particularly in its new growth businesses, reaching €234m an increase of 21.9%. The performance was driven by foodservice and health, wellness and beauty format...
23 May 2022
Farmfoods’ recently filed accounts at Company House showed it saw a slight contraction in revenues on its performance in 2020. Revenues up 32% on two-year basis… The accounts showed Farmfoods generated revenue of £872.5m in its financial year ending 1 January 2022, a decline of 2.2% on 2020’s figure. However, the retailer’s revenue in 2021 was up 32% on a two-year basis, underlining how it ...
19 May 2022
As Woolworths Australia partners with InvertiGro for an in-store vertical farm and with Iberdrola for renewable energy, we round up three developments from the retailer. Woolworths Metro and InvertiGro partner for in-store vertical farm Through a partnership with Sydney-based AgTech InvertiGro, Woolworths Metro will add an in-store vertical farm at Metro Park Sydney Village. The solution wi...
17 May 2022
Aldi has opened its largest distribution centre, while Spain’s market leader Mercadona continues to grow its presence in Portugal, announcing it aims to open 10 new stores in 2022. Separately, Auchan Portugal revealed its improving partnerships with local producers. Aldi launches its largest distribution centre The discounter revealed it invested €60m in its new distribution in Moita, which i...
09 May 2022
Having started to build out a network of smaller format stores in 2015, Target has recently set its sights on reigniting its larger format store development pipeline. This includes developing a new mid-sized format. Recent focus has been on smaller format stores Target opened its first smaller format store, operating originally under the TargetExpress banner in 2014. Over the last eight yea...
09 May 2022
Lotte axes its overnight delivery service for online groceries to prioritise its same-day proposition. Competitor Homeplus reports triple digit growth in its one-hour service in the first quarter of this year.   Lotte ditches overnight deliveries From mid-April, Lotte ceased offering overnight delivery for its online groceries, instead focusing on its two-hour same day slots, reports Aju ...
04 May 2022
Jerónimo Martins has announced its Q1 2022 results, revealing a positive performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ consolidated sales increased by 15.2% to €5.5 bn compared to Q1 2021. Group EBITDA increased by 15.5% to €372m, a strong first quarter considering high and increasing inflation across all operating ma...
03 May 2022
Despite the impact of omicron and flooding across Australia, Woolworths has reported sales growth of 9.7% to AU$15,123m for the 13 weeks ending 3 April 2022. The retailer is outpacing Coles in Australia, but what else do the results tell us… Australian Food sales up 5.4% to AU$11,432m Although time periods are not directly comparable, growth of 5.4% compares to that of 4.2% reported by Cole...
28 April 2022
Despite a quarter of significant disruption Coles has continued to see sales climb in Q3 of its latest financial year, up 3.6% to AU$9,295m. So what can we learn from the latest period? 1. Sales and inflation up, but costs up too...  Q3 was shaped by three disrupting factors; the Omicron variant of COVID-19, floods across South Australia, NSW and Queensland and subsequent knock-on supply ch...
20 April 2022
The newly launched store has an area of 3,400 sq.m. and carries more than 17,000 items. Catering to residential area The store is on Pattanakarn 30, an upscale residential area in Eastern Bangkok. It is the retailer’s first standalone store with parking space which aims to support shoppers who prefer to shop near their homes. There are major roads linking the large-scale real estate project...