Food
Stockpiling consumers have boosted Tesco's turnover by 30 %, but the coronavirus crisis also costs the British supermarket chain nearly a billion euros. The retailer was doing better last year, but now the coronavirus threatens to undo all that good work.
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Dutch-Belgian retail group Ahold Delhaize has had an excellent quarter, as corona-related stockpiling pushed its turnover 15 % higher. In March, American comparable growth was even 34 %.
Uber Eats is going to perform home deliveries for groceries from Carrefour in France. The company hopes to extend the cooperation to other countries, such as Belgium and Italy, on a later stage.
Coffee importers are stockpiling to anticipate possible shortages as a result of the corona crisis, as more and more countries are introducing lockdowns that could disrupt the supply chain. This also causes coffee prices to rise to record highs.
Lidl is publishing a list of the suppliers behind its private label brands in Germany. The discounter is one of the first chains in the world to disclose such sensitive information, and says it does so in a move to become more sustainable and transparent.
HelloFresh has increased its first quarter outlook: the meal box delivery company sees a huge increase in demand, as the corona crisis inspires more people to cook at home.
The corona crisis is shaking things up in European food retail: from an online boom to severe staff shortages, the same phenomena are popping up everywhere. An overview of the international state of affairs in food retail at this moment.
The lockdown in France also affects farmers and growers: French distributors have now vowed to stimulate local fresh food products, through advertising or even by adjusting their offer.
Belgian supermarket chains Delhaize and Colruyt are joining forces in order to supply hospital staff with grocery deliveries, which will be free of charge. They invite competitors to join the scheme and widen its scope.
A remarkable alliance in these remarkable times: Aldi and McDonald's have agreed the discounter can take over staff from restaurants the fastfood chain had to close due to measures to stop the spread of the new coronavirus.
Normally, Belgian 'healthy fast food chain' Foodmaker, was to open five new restaurants in the upcoming months. Due to the corona crisis, however, those plans are falling apart and the company must first of all try to survive now.
Aldi Nord and Aldi Süd are working on the previously announced standardisation of their private brands. By the end of this year, most of the assortment will be modified.
Discounter Aldi has responded promptly to British market leader Tesco, who launched a price offensive last week: "We had a plan to price match Tesco but we didn’t want to put thousands of prices up."
Amazon is going to sell its cashless store technology to other retailers. To this end, the American e-commerce giant has already established a new division.
Frits van Eerd, CEO of Dutch supermarket chain Jumbo, wants to expand into Wallonia - and from there, France. New markets can be conquered if a chain offers premium experience at discount prices, he says.
Discounter Lidl is banning Danone products from its French shelves after a discussion about price transparency. The ban on eight references of the Danette and Activia brands enters into effect on 15 May.
