The challenging market and shifting shopper’ behavior is forcing retailers to rethink the shopper journey. How? Through innovation and expansion. From vertical farming to increased focus on business customers, retailers are diversifying their business models to find new sources of growth.
South African retail giant Pick n Pay is targeting the middle market with a new range of QualiSave stores, which promises to offer essential items at lower prices. In September, around 40% of Pick n Pay company-owned supermarkets will be converted to QualiSave stores, which will offer essential items at lower prices. The original Pick n Pay stores will then be repositioned to cater for higher-end shoppers.
Food retailer Billa is testing 'vertical farming' in Austria, which it claims is a first among food retailers in the country. As part of the pilot, herbs and salads are being grown and harvested in cooperation with Israeli agricultural technology company Vertical Field from local seedlings in a shipping container in front of the Billa Plus store in Vienna. Billa is planning to construct a second container for vertical farming later this year.
Swiss retailer Migros has signed a memorandum of understanding with Israeli food technology start-up SuperMeat to speed up the production and distribution of lab-grown meat on a commercial scale. The two partners will distribute and sell cultivated meat on a wide scale, in a bid to meet the demand of European consumers seeking more efficient and sustainable alternative products.
Flash delivery service Getir has opened a supermarket in Amsterdam. Until recently, the company operated a dark store from the building, that delivered to customers across the city. However, a judge ruled that Getir’s activities did not fall under the heading of ‘retail trade’ and therefore a store needed to be open at the location. Getir is now convinced that it can now comply with regulations and that it can remain open.
After the "ALDImania" clothing collection, Aldi has launched a private label food range featuring the Aldi look. The limited private label product line will go on sale under the name "limited ALDItion" with the design of the packaging kept in the typical Aldi colors. The products include a 500-gram pack of pasta for 1.69 Euros, pizza with pepperoni and salami or cheese for 2.79 Euros each, 200 grams of whole milk or hazelnut chocolate bars for 1.49 Euros and virgin olive oil in a 750 ml Bottle for 4.29 Euros.
Woolworths has launched Woolworths at Work, an online platform for business consumers that offers a range of over 20,000 grocery, cleaning, and kitchen supplies to a customer base of small, medium, and large enterprises in numerous business sectors. Businesses will be able to select two-hour delivery windows, along with a nationwide seven-day service, with free next-day delivery on orders over AUD 99.
Join the movement against food waste! Did you know that 32% of the food waste in the Netherlands takes place at home? Lidl and Too Good To Go joined forces in the Netherlands to fight food waste. The goal is to save 73 kilograms of food per household per year.Read more
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