Food distributor KeHE signs agreement with USA based National Co+op Grocers
USA – Specialty & fresh products distributor to chains and independent groceries, KeHE has inked…
Food service, Retail, E-commerce
Pick n Pay expects half year profit to plunge 60% despite growth in core retail sales
SOUTH AFRICA – Pick n Pay, supermarket chain store in South Africa has warned that…
Tuskys appoints former Uchumi finance boss as its new Chief Financial Officer
KENYA – Cash-strapped Kenyan retailer Tuskys Supermarket has tapped former Uchumi Chief Financial Officer Chadwick…
Tesco to stop buying IOTC yellowfish tuna due to failures to manage overfishing
UK – Tesco, a British supermarket chain, has threatened to stop sourcing yellowfin tuna and…
Walmart sells its Europe outpost Asda to Issa billionaire brothers for US$7.97bn
EUROPE – Walmart has sold its last major outpost in Europe, Asda, to two billionaire…
Tesco targets to triple sale of meat alternatives by 2025
UK – Tesco, a British multinational groceries and general merchandise retailer has committed to increasing…
Choppies reports single digit rise in revenue boosted by business consolidation, restructuring
BOTSWANA – Southern African retailer, Choppies Supermarket having operations in Botswana, Zimbabwe, Namibia and Zambia…
Shoprite names first female Chair Wendy Lucas-Bull, ending Christo Wiese’s reign
SOUTH AFRICA – Shoprite’s long-serving Chairman Christo Wiese will retire as the chair of the…
SoftBank introduces new restaurant serving robot to Japan developed by Bear Robotics
JAPAN – SoftBank robotics, a world leader in humanoid robotics, is set to bring a…
Spur Corporation makes strategic appoints in board while naming new CEO, CFO
SOUTH AFRICA – South Africa based fast–food chains operator, Spur Corporation has named Val Nichas…
US largest supermarket The Kroger appoints Gabriel Arreaga as new senior vice president
USA – The Kroger Co., United States’ largest supermarket by revenue, has appointed Gabriel Arreaga…
South Africa’s leading KFC franchisee Roos Foods gets nod to acquire additional KFC outlets
SOUTH AFRICA – South Africa’s Competition Commission has conditionally approved Roos Foods, leading KFC franchisee…
Meal prep company Meallogix closes US$1.25m seed round to scale its operations
USA – Meallogix, an e-commerce for meal prep market, announced today that it has closed…
Twiga Foods to enter Kisumu city as West Africa expansion plans still shelved
KENYA – Twiga Foods, a Kenyan tech-enabled food distribution platform is seeking to set base…
Retailer Walmart Inc targets zero emissions by 2040 in its global operations
USA – Walmart Inc., a multinational retail corporation, has announced that it is targeting zero…
Battle of expansion between Kenyan retailers Naivas, Carrefour, eyeing bigger market share
KENYA – IFC backed Kenyan retaier Naivas is set to open its 66th outlet at…
Groceries retailer Tesco partners with food shairing app Olio for food management
UK – Tesco, a British multinational groceries and general merchandise retailer, is joining forces with…
Spar Southern African sales improve by 4.8% during the 48 weeks to end August
SOUTHERN AFRICA – Retail chain, Spar Southern Africa has reported a 4.8% increase in group…
Tuskys Supermarkets receives first tranche of US$18.4m credit facility from Mauritian fund
KENYA – Troubled Kenyan retailer, Tuskys Supermarket has announced that it has received the first…
SA food service market place FSN gets backing from Naspers’ US$85m investment vehicle
SOUTH AFRICA – Naspers, one of the largest technology investors in the world has invested…
Italian food retailer Sopria Holding seeks to enter Egyptian market
EGYPT – Italian food retailer Sopria Holding is seeking to enter the Egyptian market, making…
Carrefour to open third outlet in Cameroon as part of US$134m investment project
CAMEROON – French retail group Carrefour is planning to open a new store in Douala…
Nigerian startup Seta launches app to help companies determine market presence
NIGERIA – Seta Field Services, a Nigerian tech startup, has launched a shelf-execution tracking application that…
German investor GreenTec invests in Cameroonian food supply platform Freshbag
CAMEROON – Freshbag, an innovative digital platform in Cameroon that connects farmers and vendors to…