The fact that, in the late 1980s, Walmart made a turn towards the grocery business, gives the company founded by Sam Walton, an atout that Amazon failed to realise even after its purchase of Whole Foods in 2017.
Auchan is currently in final negotiations to sell its Russian subsidiary to a local buyer, after more than 20 years of operations in the country. This decision comes against a background of increasing international pressure and accusations of supporting the invasion of Ukraine
The FAO index calculates the average price of commodities and is at its highest since April 2023
Black Friday is an expression that originated because traditionally, large American retailers arrived on this date having covered all costs (wages and salaries, rent, supplier payments, interest on loans, and taxes). Everything they sold from Black Friday onwards was pure profit, until 31 December, and thus brought their budgets into the black. In the US, despite a difficult start, record figures for e-commerce
Supermarkets should go back to trying to express convenience but also quality. A bit like Leclerc does in France, where it is the absolute leader. Also because the quality of food is deteriorating. And some formats, like the superstore, ‘risk’
Doing a bit of maths, this would mean that Walmart’s online sales were about $30.5 billion from July to September [and 30.5 multiplied by 4 makes $122 billion, although in reality the last quarter in retail weighs much more ], up 27% year-on-year. Although Walmart is still a small player in e-commerce compared to Amazon, its online sales are growing much faster
Between swine fever and omitted controls the sector risks sinking
Those who buy black olives usually think that they are ‘naturally’ black. Often, however, producers artificially colour green, not fully ripe olives
“Amazon is a lawless actor!”
The choice to keep ingredients such as palm oil and cocoa, both of which come from distant geographical areas and are often associated with environmental issues, also reminds us that this is not exactly a sustainable product
The valuation of the sale is a mere mouthful at $650 million, consisting of $500 million in attached debt and only $150 million in cash paid to Just Eat. Grubhub had been acquired during the 2020 frenzy at a valuation of $7.3 billion
JBS is the world’s third largest food producer and Brazil has, until the day before yesterday, exported to Europe meat treated with hormones banned in Italy
