Britain’s Sainsbury’s signs private label deal with Australian retailer Coles

UK – British supermarket group, Sainsbury’s has signed a major deal to supply private label products to Australia’s second largest retail chain Coles. The arrangement, which Sainsbury’s says is its biggest wholesale deal yet, will […]

Indian snack and confectionery brand Haldiram’s expands in the US with Amazon

USA – Haldiram’s, an Indian sweets and snacks manufacturer has partnered with Amazon’s Global Selling Program in a bid to help the company expand and increase its penetration into the US market. The deal with […]

Colombia’s discount food retailer Ara Tiendas secures US$93m to expand operations

COLOMBIA – Ara Tiendas, a Colombian based proximity food discounter has secured a US$93 million (about COP330 billion) from the International Finance Corporation (IFC) to help it increase the foot print of its discount grocery […]

Indian online grocer Grofers raises US$20m in funding from Times Group

INDIA – SoftBank-backed Grofers, an Indian online grocer has raised US$20 million by issuing equity share and a warrant to Bennett Coleman Private Limited (BCCL), also known as Times Group. Times Group has picked up […]

India’s online grocery retail market set to reach US$10.5bn by 2023

INDIA – Online food and grocery retail in India is estimated to hit US$10.5 billion or 1.2% of the overall market by 2023, according to a recent report released by consulting firm Redseer. Redseer forecasts […]

FAO joins forces with World Union of Wholesale Markets to tackle food waste

ITALY – The Food and Agriculture Organization (FAO) and World Union of Wholesale Markets (WUWM) have agreed to renew and strengthen their partnership with an eye to globally reducing food loss and waste. The WUWM […]

German retailer Lidl to spend US$19bn on its UK business over the next five years

UK – German retailer, Lidl has announced that it will be spending £15 billion (US$19.34 billion) on its British business over the next five years, commiting to increase sales of local meat, poultry and fresh […]

Flipkart establishes new entity FarmerMart to venture into India’s food retail sector

INDIA – Walmart-owned ecommerce company, Flipkart has formed a new entity – the Flipkart FarmerMart Pvt Ltd – as the company prepares to enter into the food retail business in India. The new entity will […]

M&S announces four new senior appointments to strengthen its food business

UK – Mark & Spenser (M&S) has announced four new senior appointments as the British retailer moves to reinforce its food division ahead of the online joint venture with Ocado next year. The retailer has […]

Uber to acquire Latin American online grocery delivery service Cornershop

CHILE – Uber Technologies has announced that it has agreed to acquire a majority stake in a Latin American online grocery provider Cornershop which has operation in Mexico, Chile and Peru. Details of the agreement […]