Aldi plans to open 100 new stores
Mexican online grocer Jüsto raises $65mln in General Atlantic-led Series A
Jüsto, an online supermarket based in Mexico City, announced it has raised $65mln in a Series A round led by General Atlantic. The amount is sizable for a Series A in general, but supersized for a LatAm startup. In fact, according to PitchBook data cited by General Atlantic, the round represents the largest Series A raised in Latin America in the past decade.
US: Giant Co. continues investment in Philadelphia
As The Giant Co. prepares to begin construction on its newest store in Philadelphia, the Carlisle, Pennsylvania-based retailer expresses its continued investment into the city. “With its diverse neighborhoods, people and undeniable passion for food, there’s no place quite like Philadelphia, and that’s exactly why The Giant Co. continues to invest in new stores across the city”, said President Nicholas Bertram in a release.
The Giant Co. announced another investment in the city of Philadelphia as it prepares to begin construction on its newest store, located at 2201 Cottman Avenue at the corner of Bustleton Avenue.
Featuring a new look and the very best of the Giant brand, once completed, our new Cottman Avenue store will serve as a bold sign of our commitment to the city, bringing along hundreds of new jobs all while increasing access to great-tasting and affordable food, inspiring meal solutions and time-saving grocery conveniences to the families counting on us, said Nicholas Bertram, president of the Giant Company.
Giant has rapidly expanded in Philadelphia over the past few years, adding small-format Giant Heirloom stores in South Philadelphia, Northern Liberties and University City. The company has an existing supermarket on Grant Avenue in Northeast Philadelphia, a few miles north of the planned new location.
FMI-The Food Industry Association
Joining Kimberly Betts of Deloitte for the FMI panel were Nicholas Bertram, president of Carlisle, Pa.-based The Giant Company, and Steve Presley, chairman and CEO of Nestle USA.
As the future of the workforce changes, industry leaders share their experiences The Giant Company’s Nicholas Bertram and Nestle USA’s Steve Presley join an FMI panel discussion on “The Future of Work is Here… Now”
Since March 2020 and the beginning of the coronavirus pandemic, everyone has had to adjust to new working conditions and protocols, whether at an office, at home, or on the front lines of a factory or retail store. The way we live changed in an instant, and the way we work is evolving very quickly. A panel discussion at the virtual FMI Midwinter Executive Conference on Monday morning moderated by Kimberly Betts, managing director of Deloitte Consulting, asked the questions: What does work look like today and tomorrow, and