French multinational grocery giant Carrefour detailed its latest earnings this week, highlighting a 12% increase in sales growth in the first quarter of 2023, particularly for private label sales, across all of its key markets. Read more: French Grocer Carrefour Pins Hopes on Digital Efforts...
As Brits try to cut back on spending and expenses amid the ongoing cost-of-living crisis and double-digit food inflation, U.K. grocers are under pressure to step up their discounting efforts to retain customers. As PYMNTS reported earlier this year, the country’s grocery inflation surpassed 17%...
Recent bankruptcies and buyouts have highlighted key challenges in the struggling Belgian retail market. This month, news broke that the cash-and-carry retail chain Makro has officially been declared bankrupt by a court in Antwerp, after the newspaper De Tijd first reported on the extent of...
Even as some grocers turn to next-gen payment solutions, traditional self-checkout continues to expand. Most recently, grocery chain Weis Markets, which operates about 200 stores across seven East Coast states, announced that it was implementing Toshiba Global Commerce Solutions’ Elera platform chainwide in a move...
August 15, 2024
Kroger has reportedly doubled the value of price cuts it has committed to making if its merger with Albertsons goes through. The grocery store operator plans to lower prices by $1 billion, a figure that’s up from the $500 million in cuts it previously committed to make, Bloomberg reported Thursday (Aug. 15), citing a Kroger […]
November 20, 2019
Amazon is planning to open cashierless Amazon Go supermarkets and pop-up stores, possibly as soon as the first quarter of 2020, Bloomberg reported Wednesday (Nov. 20). Amazon Go technology is...
May 16, 2019
Walmart is reportedly thinking about a stock market listing for its British supermarket arm Asda. “While we are not rushing into anything, I want you to know that we are...
May 01, 2019
To help consumers scan and pay for their selections, U.K. supermarket company Sainsbury’s has opened a checkout-free store in Holborn Circus, London, where shoppers use a smartphone app when they shop at the...
