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With commitment, Canadian retailer ensures farmers guaranteed fair income and support to lower environmental impact South Ontario-based Longo Brothers Fruit Market has become the first grocery retailer in North America to commit to offering only Fairtrade bananas, the company announced Thursday. The commitment is made possible through a partnership with the Canadian company Equifruit, Canada’s leading Fairtrade-certified banana importer. Effective May 6, all 36 locations of Longo’s and online Grocery Gateway delivery will exclusively offer both conventional and organic Fairtrade bananas. The decision sets a new standard for sustainable produce supply chains in North America, the companies said. The announcement is aligned with Fairtrade Month, which takes place each May in Canada. ....
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GrubMarket has completed the acquisition of RJ Produce US: Fridge No More closes $15.4mln Series A Fridge No More, an instant grocery delivery service in the U.S., announces the closing of a $15.4mln Series A funding round. This will both enable the cloud grocer to expand operations across New York City and the East Coast, and to establish its leadership position in the instant delivery market. Fridge No More plans to grow their engineering and operations teams while rapidly scaling their network of cloud stores. US: GrubMarket acquires RJ Produce to further expand in Texas GrubMarket announced it has completed the acquisition of RJ Produce, a highly reputable and well-established produce wholesaler in Texas. RJ Produce have established deep relationships with growers directly from Mexico and domestically, and is a key sourcing channel for premium fruits and vegetables nationwide. Its branded products are sold at nationwide retailers including many household name ....
Picnic has teamed up with Belgian hypermarket chain Cora to conquer France Italy: SPAR expands its retail footprint in Sardinia Fratelli Ibba Group, a well-established retail organisation, has joined SPAR in Italy, growing the brand’s presence in the Italian region of Sardinia. Fratelli Ibba has acquired all the shares of Supermercati Gieffe and thereby also a stake in SCS, which holds the license for the SPAR Brand in Sardinia. “We are delighted that the Fratelli Ibba group have joined SPAR. They are well-established retailers in Sardinia who have distinguished themselves thanks to their organisational abilities and business results,” said Paul Klotz, President of DESPAR Italia. ....
Canadian food and drug retailer will hold option to buy full ownership Building on its acquisition of fresh market chain Farm Boy, Empire Company Ltd., the parent of Sobeys Inc., plans to buy a 51% stake in fresh grocer Longo’s for $357 million (Canadian). Under the deal, announced yesterday, Stellarton, Nova Scotia-based Empire will acquire Longo’s 36 stores in Ontario and its Grocery Gateway e-commerce arm. Plans call for Longo’s to join Empire’s network of supermarket brands in the province including Sobeys, Safeway, Foodland, FreshCo, Price Chopper and Farm Boy and for Grocery Gateway, now serving 70,000 customers, to operate as a stand-alone business but collaborate with Empire’s Voilà online grocery operation to create efficiencies. ....