Online grocery startup Tawfeer has announced its intention to expand across Egypt


Esselunga, Lidl and Conad stand out in Italian market survey
Esselunga, Lidl and Conad had been among the many main Italian retail gamers acknowledged for excellence in a report printed by the Alimentando portal. The report analysed the efficiency of the highest 10 retailers when it comes to market share and three greatest performing gamers within the organised distribution phase (Aspiag, Crai, D.It.).
Supply: esmmagazine.com 

UK: Former grocery store boss Lord John Sainsbury, shopkeeper ‘to his core’, dies
Lord John Sainsbury of Preston Candover – the previous chairman of the grocery store chain – has died aged 94. The grocery store’s present chairman and chief government introduced the dying of the Baron, saying he had lived a “outstanding life”.
Supply: news.sky.com 

India: How this on-line grocery start-up working with a minimal stock system grew from 400 to 23,000 clients inside a 12 months
Mumbai-based on-line grocery start-up Berrika which began its operations in September 2020 has been making simply the precise noise within the sector. To go from 400 to 23,000 clients inside a 12 months and the gross sales going from 18L to 60L monthly, the corporate should have bought a number of methods proper inside a brief span. The corporate attributes its success to a devoted customer support workforce, frequently introducing new merchandise, social media posts, tales, commercials, cost-saving initiatives, and incentive plans for workers based mostly on gross sales.
Supply: indianretailer.com 

Egyptian on-line grocery startup Tawfeer to increase out of Alexandria
Having seen spectacular early progress in working solely within the northern coastal city of Alexandria, Egyptian on-line grocery startup Tawfeer has introduced its intention to increase throughout the nation, following a $500K seed spherical, with participation from Alexandria Enterprise Angels Community.
Supply: thestartupscene.me 

China: Alibaba’s grocery chain Freshippo considers funding at US$10b worth
Alibaba Group Holding Ltd is contemplating elevating funds for its high-tech grocery chain at a proposed valuation of US$10bln, in response to individuals conversant in the matter. Freshippo, often called Hema in Chinese language, is working with an adviser on an unique checklist of potential strategic and monetary traders that will probably be invited to affix the funding spherical, which is more likely to kick off subsequent month, the individuals stated, asking to not be named discussing a non-public matter.
Supply: theedgemarkets.com 

Australia: Wesfarmers flags decrease first-half revenue damage by coronavirus curbs
Australian retail conglomerate Wesfarmers Ltd stated it expects to report first-half web revenue after tax between A$1.18bln ($851.72mln) and A$1.24bln, a drop from final 12 months’s A$1.41bln damage by coronavirus-induced restrictions.
Supply: reuters.com 

Israel: Automated checkout startup Supersmart has raised $10mln
Israeli automated checkout startup Supersmart has raised $10mln in a fundraising spherical led by Millennium Meals-Tech. The corporate which provides shops with ‘Scan & Go’, an AI-powered quick checkout expertise, raised $10mln 11 months in the past with help from Bizerba.
Supply: jewishbusinessnews.com 

How Flipkart and Ninjacart found a win-win partnership over 18 months
In December 2021, Walmart and Flipkart infused $145mln in agritech startup Ninjacart. The strategic funding is important for Flipkart’s groceries technique, whereas Ninjacart will derive advantages because the ecommerce big drives demand.
Supply: yourstory.com 

Empty cabinets at Mere in England
The cabinets on the 1st British retailer of Russian discounter Mere stay remarkably empty. At its 1st British retailer, in Preston, not even basic products such as cheese, milk and bread may very well be discovered in the course of the Christmas interval. Provides of different on a regular basis meals had been very scarce or non-existent. At the start of January, clients may discover hardly something within the recent meals refrigeration space, The Grocer writes.
Supply: retaildetail.eu 

UK: M&S Meals extends partnership with BP as much as 2030
UK retailer Marks & Spencer has announced that it has prolonged its forecourt comfort collaboration with gas big BP till 2030. The businesses first teamed up in 2005 to introduce M&S Meals shops at BP retail websites in Nice Britain.
Supply: esmmagazine.com 

Germany: Tegut studies turnover of €1.25bln in 2021
German retailer tegut… has reported a turnover of €1.25bln in its monetary 12 months 2021, marginally down 0.46% from €€1.25bln within the previous 12 months. The retailer’s share of natural product gross sales elevated to 30.47% on this interval from 30.13% in 2020.
Supply: esmmagazine.com 

How supply apps created ‘the Netflix of meals ordering’
Whereas the large market-leading supply apps, corresponding to Simply Eat, Deliveroo, Uber Eats and DoorDash (the most important within the US) now checklist many massive restaurant chains, Woodspoon’s enterprise mannequin is completely totally different. It was launched at first of 2020 to hyperlink house cooks – individuals actually cooking from the kitchen of their home or residence – to clients who desire a recent, do-it-yourself takeaway, reasonably than one thing from a series restaurant.
Supply: bbc.com 

Brazil retail gross sales shock with 0.6% rise in November
Brazilian retail gross sales rose in November in opposition to expectations of a month-to-month drop, official figures confirmed, although greater than half of the actions gauged had a detrimental outcome within the interval with double-digit inflation dragging on consumption. The seasonally adjusted month-to-month improve of 0.6% in November from October beat the median forecast of a 0.2% decline in a Reuters ballot of economists. Authorities statistics company IBGE additionally revised October’s indicator to a 0.2% rise from a beforehand reported 0.1% drop.
Supply: reuters.com 

Walmart says 2 high U.S. executives to go away – memo
Walmart Inc stated Chief Merchandising Officer of its U.S. unit, Scott McCall, will retire and handover the reigns to grocery chief Charles Redfield, because it appears to be like to capitalize on the beneficial properties it made in the course of the pandemic. The Bentonville, Arkansas-based firm additionally stated that Chief Buyer Officer Janey Whiteside will go away in March “to start out her subsequent chapter in New York along with her household”.
Supply: reuters.com 

LG proclaims U.S. launch of CLOi ServeBot, world’s 1st service robotic to realize UL certification
LG Enterprise Options USA introduced that the LG CLOi ServeBot is coming to the U.S. market in early 2022. Mannequin LDLIM21 is the world’s 1st business service robotic earning UL 3300 certification for protected operation in advanced business environments corresponding to eating places, retail shops and resorts. For the first time, U.S. employees will be capable of safely use robotic assistants that navigate busy environments whereas carrying as much as 66 kilos of meals or items, helping with worker workloads, enabling higher customer support and growing operational effectivity.
Supply: prnewswire.com 

US: Fast grocery supply agency Farmstead launches in Chicago
US-based on-line grocer Farmstead has opened a waitlist for its upcoming Chicago launch. Service is scheduled to start in early 2022, and can initially be out there in each the town of Chicago and close by suburbs, with supply in as little as 1 hour. Chicago is Farmstead’s fifth market. The corporate’s service originated within the San Francisco Bay space, and it additionally serves Miami, Florida and Charlotte and Raleigh-Durham, North Carolina.
Supply: retailtechinnovationhub.com 

US: Walmart is quietly making ready to enter the metaverse
Walmart seems to be venturing into the metaverse with plans to create its personal cryptocurrency and assortment of NFTs. The large-box retailer filed a number of new emblems late final month that point out its intent to make and promote digital items. In a separate submitting, the corporate stated it could supply customers a digital foreign money, in addition to non-fungible tokens, or NFTs.
Supply: cnbc.com 



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Online grocery startup Tawfeer has announced its intention to expand across Egypt

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