Groceries
Kroger lays off 1,000 corporate workers in cost-cutting move
Supermarket operators have posted healthy sales in recent quarters as cash-strapped consumers prioritise groceries and essential goods while trimming discretionary purchases
Carrefour proposes buyout of Brazilian grocery unit Atacadao
FRENCH grocer Carrefour submitted a proposal for a take-private of its Brazilian subsidiary Atacadao.
FairPrice, Sheng Siong in fine fettle even as Giant shrinks footprint
Supermarkets are key anchor tenants for mall landlords. As at September, there are 161 FairPrice outlets; Sheng Siong has over 70 stores
Instacart posts sales beat, issues strong earnings outlook
INSTACART posted better-than-expected sales in the second quarter, signalling that the grocery-delivery business has a strong enough user base to support its longer-term bet on advertising.
Goodbye grocery greedflation and shrinkflation; hello deals
The tide is turning on food prices. Consumers can rejoice, but manufacturers and stores should worry
China’s mega-grocers turn to an upstart to win back shoppers
CHINA’S biggest supermarkets are struggling to survive.
Zepto raises US$665 million in second funding round in a year
INDIAN grocery startup Zepto said on Friday (Jun 21) it has raised US$665 million in an investment round, in less than a year of its last fundraising, underscoring the high demand for services that de...
Issue 105: Sustainable marine fuel’s safety risks; Asia’s protein inertia is a governance problem
In this issue: Singapore needs to address the dangers posed by ammonia and methanol bunkering, while a lack of governance pulls down regional companies’ performance on sustainable protein procurement.
Vietnam e-commerce platform Sendo shoots for profits from online grocery amid stiff competition
The segment is now the company’s largest and fastest-growing, handling about 50 tonnes of goods and serving 10,000 customers daily
China’s CDH buys minority interest in Vietnam grocery chain Bach Hoa Xanh
CHINA’S CDH Investments said on Tuesday (Apr 9) that it completed an investment for a minority interest in grocery chain Bach Hoa Xanh, a unit of Vietnam’s biggest retail group by market value Mobile ...
