USA – Save A Lot, an American discount grocery store chain headquartered in Missouri, has received US$350 million in new capital to support the company’s operations and acceleration of its transformation plan. The company, which […]
USA – German grocery and food retailer, Lidl has opened its new state-of-the-art regional headquarters and distribution center in Cecil County, Maryland after investing more than US$100 million in the project. The retailer said that […]
INDONESIA – TaniHub Group, one of the leading agritech company’s in Indonesia, has raised US$17 million in a Series A extension round co-led by Openspace Ventures and Intudo Ventures. The round also saw the participation […]
KENYA – In the wake of the outbreak of COVID-19 virus, Kenyan retailers have adopted safer and efficient ways of serving their customers by availing home delivery services. Spanish delivery company Glovo has announced partnership […]
USA – The Kroger Company, America’s largest grocery retailer through its Zero Hunger | Zero Waste Foundation, has announced a US$3 million commitment to rapidly deploy hunger-relief resources to communities disproportionately impacted by the coronavirus […]
CANADA – Canadian grocery retailer, METRO will be investing CAD420 million (US$304 million) over five years in the construction of a new, automated distribution centre for fresh and frozen products in Terrebonne, Quebec. The investment will […]
UK – The British multinational grocer, Tesco, has entered into a conditional agreement to sell its business in Thailand and Malaysia to a combination of CP Group entities for an enterprise value of US$10.6 billion […]
SOUTH AFRICA – South African retail chain, Pick n Pay has launched an online scheduled grocery delivery service that enables customers to set up an automatic, weekly or monthly, delivery of items that are purchased […]
CHINA – British retailer, Tesco PLC has sold its 20% stake in Gain Land to a subsidiary of its joint venture partner, China Resources Holdings for £275 million (US$375m). Gain Land is the Chinese joint […]
EUROPE – Viva Fresh, Kosovo’s largest retailer has secured €10 million (US$10.86m) in financing from the European Bank for Reconstruction and Development (EBRD) to support its expansion within and beyond the country. Viva Fresh intends […]
