The partnership aims to expand e-commerce to become the UK’s largest convenience store

Amazon’s first Belgian distribution center has opened
Seven months after the announcement, Amazon’s first Belgian DC is ready. The distribution center is located in the south of Antwerp, in the new circular business park Blue Gate Antwerp. With a 5,764 m² warehouse, more than 2,000 m² of office space and a 40,000 m² parking garage, Amazon is preparing to open its own Belgian online store. It is scheduled to be introduced in the coming months.
Source: retaildetail.eu

Italy: Eselunga reports significant decline in first-half net profit
Italian supermarket chain Esselunga reported a net profit of €2.7 million in the first half of 2022, compared to €221.1 million in the same period last year. In the same period, EBITDA fell from €427.1m to €214.6m.Sales fell slightly (-0.2%) to €4.32bn, although the full-year comparison was affected by increased sales growth in the first half of 2021 (+6.7). %).
Source: esmmagazine.com

Woody Harrelson helps Wicked Kitchen pull boundaries in €20.4m bridging round
Wicked Kitchen, the plant-based empire spun off from British supermarket chain Tesco, has secured €20.4m in bridge funding, including a convertible bond from actor Woody Harrelson. In addition to Harrelson’s stake, funding for the new round will come from Ahimsa VC and Thailand’s largest food producer and innovator NRPT. Wicked Kitchen, the convenience food brand founded by brothers Chad and Derek Sarno, says the new funding will support efforts to expand its reach globally and in other ways, including food service.
Source: greenqueen.com.hk

Ireland: Dunnes Stores makes significant gains in the North
The northern branch of Dunnes Stores turned a significant profit again last year, according to new financial reports. The Irish supermarket chain, which has 15 stores in the north, posted a pre-tax profit of €7.4m for the 12 months to 25 December 2021. It follows a difficult 2020 when Dunnes in Northern Ireland reported a pre-tax loss of €7.4. I am. 9.3 million people are affected.
Source: irishnews.com

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Sweden: Expands cooperation with Coop to Good to Go
Coop Sweden is expanding its partnership with Too Good to Go, adding more stores offering the service. The move follows a successful trial of the service at several Coop stores across the country.
Source: esmmagazine.com

Ireland: Aldi opens newly refurbished Killorglin “Project Fresh” store
Aldi’s Killorglin Kerry “Project Fresh” store has re-opened to customers after an extensive refurbishment project worth approx.
€1 million, through which the interior of the store was completely renovated. The newly refurbished store has been completely redesigned in line with Aldi’s award-winning Project Fresh design, which was recognized when Aldi won Discounter Store of the Year for its Killaloe store at the National Grocery Retail Awards. The quality of its fresh fruit and vegetable display.
Source: aldipresscentre. That is

The partnership aims to expand e-commerce to become the UK’s largest convenience store
As part of its strategy to become the UK’s largest convenience retailer, the co-op has set its sights on expanding its e-commerce offering. The company said it will continue to build rich partnerships with Uber Eats, Deliveroo and Amazon that support its own direct-to-consumer business. The retailer is looking to expand its store network and hopes to triple the number of its current franchised stores within three years. Currently, its franchise base has nearly 5,000 independent stores.
Source: chargedretail.co.uk

Ferdinand Woolridge

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