This is the weekly snapshot of the most recent updates from the grocery industry in the past week. We have covered different categories, including AI & Robotics, Online Grocery, Consumer Trends, Store of the Future and Digital Supply Chain.
The British Independent Retailers Association (Bira) has rolled out a digital public trading platform named Neartoo. The main goal of launching Neartoo is to help most-affected independent retailers bounce back from the pandemic woes. The platform would highlight the nearest independent retailers in the vicinity of the High Streets to shoppers. The neartoo.co.uk website has numerous indie outlets with curbside pickup and online delivery options registering to get noticed by shoppers. Neartoo will be offering rewards and points to encourage visitors that can be redeemed with all Neartoo partner retailers. This platform will also provide indie shops with brick-and-mortar businesses only with an online presence and delivery. To read more, visit RetailSector
Lidl, a German supermarket chain, has opened three retail outlets in Estonia. The supermarket chain has now covered all the Baltic States after the recent launch. Lidl has a store in the capital city Tallinn and three other Estonian cities. The newly-launched stores received an overwhelming response from shoppers. Schwarz Group, the owner of the chain, injected 80M euros into the launch and will have above 1,000 new job openings in the country with a population of 1.2 million consumers. Aldi, Lidl’s active competitor, is yet to launch a store in the country. To read more, visit RetailDetail
Earlier, Ekoplaza, a Dutch organic food supermarket, had acquired a Belgian organic retailer Origin’O. Recently, the grocer has teamed up with Färm, a Brussels-based retailer, to reach French-speaking Belgian consumers. Ekoplaza plans to launch one hundred stores – fourteen of which are in Belgium, after the acquisition and merger. Färm founders Alexis Descampe and Lionel Wauters detailed that this merger will solidify and further expand the organic market in Belgium. The market faced a lot of obstacles after the onset of the pandemic. The partner firms will together overcome the hurdles related to the IT, logistics and product range categories. To read more, visit RetailDetail
Ikea, the Swedish furniture giant, has just launched its shopping centre named Livat in West London. The retailer bought Kings Mall two years ago and has spent £170m on the launch of 37,000 square metres Livat. Along with the Ikea outlet, The mall also has Lidl, a Library of Things, a social enterprise, and Sook, the event lounge and rent-by-the hour retail space. To offer food and entertainment options to consumers, the mall will have local food kiosks with Ikea’s own Swedish Deli and two cafeterias selling meatballs, open sandwiches and coffee. The Swedish retailer is also eyeing further expansion in the UK and across Europe and North America. To read more, visit TheGuardian
This is the weekly snapshot of the most recent updates from the grocery industry in the past week. We have covered different categories, including AI & Robotics, Online Grocery, Consumer Trends, Store of the Future and Digital Supply Chain.
The British Independent Retailers Association (Bira) has rolled out a digital public trading platform named Neartoo. The main goal of launching Neartoo is to help most-affected independent retailers bounce back from the pandemic woes. The platform would highlight the nearest independent retailers in the vicinity of the High Streets to shoppers. The neartoo.co.uk website has numerous indie outlets with curbside pickup and online delivery options registering to get noticed by shoppers. Neartoo will be offering rewards and points to encourage visitors that can be redeemed with all Neartoo partner retailers. This platform will also provide indie shops with brick-and-mortar businesses only with an online presence and delivery. To read more, visit RetailSector
Lidl, a German supermarket chain, has opened three retail outlets in Estonia. The supermarket chain has now covered all the Baltic States after the recent launch. Lidl has a store in the capital city Tallinn and three other Estonian cities. The newly-launched stores received an overwhelming response from shoppers. Schwarz Group, the owner of the chain, injected 80M euros into the launch and will have above 1,000 new job openings in the country with a population of 1.2 million consumers. Aldi, Lidl’s active competitor, is yet to launch a store in the country. To read more, visit RetailDetail
Earlier, Ekoplaza, a Dutch organic food supermarket, had acquired a Belgian organic retailer Origin’O. Recently, the grocer has teamed up with Färm, a Brussels-based retailer, to reach French-speaking Belgian consumers. Ekoplaza plans to launch one hundred stores – fourteen of which are in Belgium, after the acquisition and merger. Färm founders Alexis Descampe and Lionel Wauters detailed that this merger will solidify and further expand the organic market in Belgium. The market faced a lot of obstacles after the onset of the pandemic. The partner firms will together overcome the hurdles related to the IT, logistics and product range categories. To read more, visit RetailDetail
Ikea, the Swedish furniture giant, has just launched its shopping centre named Livat in West London. The retailer bought Kings Mall two years ago and has spent £170m on the launch of 37,000 square metres Livat. Along with the Ikea outlet, The mall also has Lidl, a Library of Things, a social enterprise, and Sook, the event lounge and rent-by-the hour retail space. To offer food and entertainment options to consumers, the mall will have local food kiosks with Ikea’s own Swedish Deli and two cafeterias selling meatballs, open sandwiches and coffee. The Swedish retailer is also eyeing further expansion in the UK and across Europe and North America. To read more, visit TheGuardian
The global food and grocery retail industry is expected to surpass $17T by 2027, expanding at an annual rate of 5%. During this time, digitisation is set to transform the entire food value chain from farm to fork. Our weekly newsletter covers innovations and disruptions in food and grocery industry.
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