Indian food and grocery delivery startup Milkbasket raises US$5.5m in new funding round
INDIA – Milkbasket, an Indian food and grocery delivery startup has raised US$5.5 million in…
Retail & Grocery
Amazon launches US$2bn climate venture investment program
USA – Global retail and e-commerce giant, Amazon has launched ‘The Climate Pledge Fund’ to…
Tesco agrees to sell its business in Poland to Salling Group for US$224m
UK – Tesco has announced the sale of its business in Poland, which includes of…
American grocery retail chain Albertsons eyes US$1.3bn IPO
USA – Albertsons Companies, one of the largest food and grocery retailers in the United…
Food-X Technologies partners Attabotics to automate its grocery fulfillment centers
CANADA – Food-X Technologies, an online grocery software solutions provider based in Canada, has formed…
Carrefour partners with Google to launch new e-commerce grocery experience in France
FRANCE – Paris-headquartered retail giant, Carrefour, in collaboration with Google, has launched a new voice-based…
Kroger and Ocado partner to invest in three new fulfillment centers
USA – America’s grocery retailer, Kroger and British online grocery retailer, Ocado have unveiled plans…
Kenyan suppliers express heightening concerns over delayed payments by retailer
KENYA – Once beaten twice shy, seems to be the riddle banging Kenya suppliers mind…
Carrefour accelerates its expansion with the acquisition Dairy Farm’s stores in Taiwan
FRANCE – Carrefour has entered into an agreement with Dairy Farm to acquire its proximity…
Apollo Global acquires stake in American grocery chain Albertsons for US$1.75bn
USA – Global alternative investment manager, Apollo Global Management has made a US$1.75 billion equity…
7-Eleven signs master franchise agreement with CP All to operate 7-Eleven stores in Cambodia
USA – Texas-based multinational convenience retailer, 7-Eleven has signed a master franchise agreement with CP…
Walmart launches Express Delivery for doorstep deliveries in less than two hours
USA – Walmart has launched Express Delivery, a new service that delivers food, groceries and…
KeHE announces mutli-year partnership with Spoiler Alert to reduces food waste
USA – Specialty & fresh products distributor to chains and independent groceries, KeHE has announced…
Save A Lot receives US$350m to accelerate business transformation plan
USA – Save A Lot, an American discount grocery store chain headquartered in Missouri, has…
Lidl opens US$100m regional headquarters and distribution center in USA
USA – German grocery and food retailer, Lidl has opened its new state-of-the-art regional headquarters…
Indonesian agritech firm TaniHub Group raises US$17m to expand operations
INDONESIA – TaniHub Group, one of the leading agritech company’s in Indonesia, has raised US$17…
Kenyan retailers offer home deliveries in bid to control spread of the corona virus
KENYA – In the wake of the outbreak of COVID-19 virus, Kenyan retailers have adopted…
Kroger commits US$3m to help combat food insecurity during COVID-19 pandemic
USA – The Kroger Company, America’s largest grocery retailer through its Zero Hunger | Zero…
METRO to invest US$304m in new automated distribution centre in Quebec
CANADA – Canadian grocery retailer, METRO will be investing CAD420 million (US$304 million) over five years…
Tesco agrees to sell its businesses in Thailand and Malaysia for US$10.6bn
UK – The British multinational grocer, Tesco, has entered into a conditional agreement to sell…
Pick n Pay upgrades online shopping platform with scheduled grocery delivery service
SOUTH AFRICA – South African retail chain, Pick n Pay has launched an online scheduled…
Tesco sells stake in Chinese joint venture to its partner for US$375m
CHINA – British retailer, Tesco PLC has sold its 20% stake in Gain Land to…
European retailer Viva Fresh secures US$10.86m to fund expansion
EUROPE – Viva Fresh, Kosovo’s largest retailer has secured €10 million (US$10.86m) in financing from…
Carrefour and Nestlé launch initiative to improve child nutrition
FRANCE – Swiss food and beverage giant, Nestlé has teamed up with French retailer, Carrefour…