Mercadona is in talks to sell about 30 stores to MDSR
UK: Supermarket group Asda says 5,000 jobs at risk in restructuring
British supermarket group Asda said it has started a consultation with 5,000 workers potentially impacted by operational changes to simplify the business. Asda, now owned by the Issa brothers and private equity group TDR Capital, currently employs 145,000 people.
France: Casino to boost cash, cut more debt after 2020 core profit rise
French retailer Casino vowed to boost its profitability and cash flow further this year and push on with its asset disposal plan to reduce debts after reporting a 25% rise in 2020 operating profit partly helped by cost savings. Casino achieved a 2020 group operating profit of 1.426bln euros ($1.74bln), up 25.2% at constant exchange rates, helped by cost savings and higher sales in top markets France and Brazil. Total sales rose to 31.9bln euros, up 8% on a same-store basis.
Managing Editor Presidente Supermarkets will open four stores in South Florida and three in Orlando by the end of the year.
Presidente Supermarkets has revealed plans to open seven grocery stores across Florida this year, mainly in the tri-county area (Palm Beach, Broward and Dade counties), according to a published report.
The Miami-based Hispanic independent grocer already operates 31 stores in the state, the South Florida Business Journal reported, but the new stores are part of its rebooted expansion effort, which includes debuting locations elsewhere in Florida.
The company will open four stores in South Florida and three in Orlando by the end of the year, the publication noted, adding that the first of these new Orlando stores had already opened last month at 7653 South Orange Blossom Trail. Another location is scheduled to debut in that city at 2300 South Chickasaw Trail. Among the future South Florida locations are stores in Miami Gardens and West P
Presidente Supermarkets plans to open seven more grocery stores across Florida in 2021, reports Progressive Grocer. The chain will focus on the tri-county area of Palm Beach, Broward, and Dade counties. Presidente Supermarkets already operates 31 stores in the state.
In addition, the grocer plans to introduce a new wholesale concept, Grand Plaza Distributors, this year, with its first location slated for Kissimee, Florida.
The new stores and wholesale concept will create more than 500 jobs, according to Presidente.
Presidente Supermarkets plans to open 7 grocery stores across Florida
Canada: Pandemic demand lifts comps at Loblaw
The pandemic is driving demand at Canada s Loblaw Companies, as the grocery chain said same-store sales both in-store and online rose impressively during the fourth quarter. For the quarter ended January 2, Loblaw reported revenue of $9.8bln. This represented an increase of $818mln, or 7.1% when compared to the fourth quarter of 2019.
US: The GIANT Company and Rodale Institute announce new partnership
To support ecologically safe farming, sustainable retailing, and efforts to eliminate hunger, The GIANT Company announced a new partnership with Rodale Institute, the leading voice in developing solutions for the regenerative organic movement. Widely recognized as a founder of the modern organic movement, Rodale Institute has been a global leader in regenerative organic agriculture for over 70 years.
Miami Sep 25, 2019
A former MMA fighter wanted in the 2011 killing of a man linked to one of the former co-owners of Presidente Supermarkets was behind bars in South Florida Wednesday after spending years on the run, authorities said. Ariel Gandulla, 51, was booked into the Miami-Dade jail Tuesday night to face charges of second-degree murder, conspiracy to commit second-degree murder and… Miami May 27, 2015