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John Gapper
Convenience stores should make more of themselves
...Convenience stores are quite efficient since people walk or drive to them for food and other goods rather than having them delivered by services such as Instacart or Gopuff....
February 16, 2024
Food Prices
French retailer Carrefour drops PepsiCo products over high prices
...PepsiCo products were in the process of being removed from Carrefour’s ecommerce sites, though some existing stock might still be visible in stores, a person with knowledge of the process said....
January 4, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
FT Magazine
The delivery rider who took on his faceless boss
...He tried to talk to the store manager about the danger of mislabelling food products but didn’t get far. So he submitted an official complaint to the county health department....
March 15, 2024
The Big Read
The dubious climate gains of turning soil into a carbon sink
...A more fundamental challenge than measuring carbon is the finite capacity of soil to store it, according to scientists and environmentalists....
January 23, 2024
Inside BusinessPeggy Hollinger
Pepsi vs Carrefour: a battle inflamed by French retail rules
...Negotiations relating to food products sold in French stores are subject to French regulations — even if the discussions are conducted in another country....
January 17, 2024
PepsiCo Inc
Pepsi revenue slows after US consumers flinch at higher prices
...McDonald’s chief executive Chris Kempczinski said on Monday that he expected same-store sales growth to return to a historical average of 3 per cent and 4 per cent in 2024, down from an increase of 9 per...
February 9, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News in-depthEmployment
Warehouse operators turn to entertainment and food facilities to attract workers
...He said facilities include outdoor gyms, grocery stores and multipurpose courts for football and basketball....
January 3, 2024
Food & Beverage
Hong Kong food tech start-up challenges Japanese bento market
...The company, which also runs Circle K convenience stores in Vietnam, has been working with Kamakura Foods to bring its vending machine system into the south-east Asian country....
November 22, 2023
News in-depthFood & Beverage
Plant-based meat industry on a mission to rebrand itself as healthy option
...“Sixty-five per cent of the whole grocery store is processed,” he added....
October 6, 2023
LexTravel & leisure industry
Subway/Roark: PE firm adds sandwiches to the menu Premium content
...Subway is one of the world’s biggest fast-food chains, with 37,000 stores around the globe. Those stores have seen better days....
August 24, 2023
Chick-fil-A Inc
Chick-fil-A to make second attempt at UK launch after previous gay rights backlash
...Chick-fil-A, the US fast-food chain, is planning to relaunch in the UK just a few years after closing its first UK pop-up store following protests by LGBT+ campaigners over its founding family’s support...
September 13, 2023
Mergers & Acquisitions
CD&R’s Morrisons sells petrol forecourts to sister company MFG for £2.5bn
...The grocer acquired 350 petrol stations and more than 1,000 food-to-go sites which were previously owned by EG Group. CD&R bought MFG for £500mn nearly a decade ago....
January 30, 2024
Hotel Chocolat
Mars to buy Hotel Chocolat in £534mn deal
...Pet food and confectionery giant Mars has announced it will buy ailing UK chocolate business Hotel Chocolat in a deal worth about £534mn, with a payday of about £280mn for the latter’s founders....
November 16, 2023
Unhedged
Anatomy of a slowdown Premium content
...The discount clothing chains TJX and Ross Stores reported strong same-store sales and good margin performance in the third quarter. Their consumer is just fine....
November 20, 2023
The Top LineElaine Moore
Groceries shoppers are proving resistant to tech disruption
...But after the initial interest wore off the store was rarely busy. This year it closed....
November 10, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
InterviewTheatre
Kim’s Convenience writer Ins Choi: ‘I want a broad audience to see Asians as normal people’
...But she was saying it’s not a viable way of paying rent and eating food.” How do his parents feel about his dramatisation of their ups and downs? “They’re very excited....
January 8, 2024
News in-depthMars Inc
Mars joins push into premium with Hotel Chocolat deal
...Tony’s Chocolonely, whose distinctive brightly packaged bars have become a fixture in stores across the UK, US and Germany, reported a 21 per cent jump in sales to $142mn in its most recent financial year...
November 20, 2023
FT SeriesHTSI spring menswear special 2024
The psychedelic reinvention of Patrick Cox
...His pride and joy is his organic veg patch, which produces a cornucopia of food: “broccoli, kale, lettuce, fennel, cucumber, various melons – which I used to think grew on trees!...
March 8, 2024
Tobacco
FDA issues ban on RJ Reynolds menthol-flavoured vapes in US
...The Food and Drug Administration said on Thursday that it had issued marketing denial orders for six vaping products sold by BAT-owned RJ Reynolds Vapor Company under its Vuse Alto brand....
October 12, 2023
Film
Documentarist Frederick Wiseman — 44 films in and still on the clock
...Wiseman films how the chefs plan and cook, where the food is sourced from, and all the niceties of service and management....
November 25, 2023
ObituaryMohamed Al Fayed
Mohamed Al Fayed, businessman, 1929-2023
...The stuffed shark in the Harrods food hall was named “Tiny” after his rival. A Qatari sovereign wealth fund acquired the store for £1.5bn in 2010....
September 2, 2023
Robert Armstrong
Gap doesn’t need to be more like Barbie. It needs to be like McDonald’s
...Gap Inc is currently in crisis. Its brands — Old Navy, Gap, Athleta and Banana Republic — face weak or falling sales and the business is lossmaking....
August 9, 2023
Due Diligence
Could the ‘trustbusters’ be making a comeback?
...News round-up Iliad proposes merger of Italian operations with Vodafone Italia (FT) Software AG sells data platform to IBM for €2.1bn (FT) Intermarché and Auchan open talks on buying Casino stores (FT...
December 19, 2023
Tech start-ups
Taiwanese tech start-ups pile into Asean amid risks in China
...Israeli VC OurCrowd to target Southeast Asian AI, food tech...
December 19, 2023
Krispy Kreme Doughnuts Inc
Krispy Kreme boss shrugs off UK’s tightening anti-obesity rules
...Rules controlling foods high in fat, salt or sugar have been in partial effect in the UK since October, barring large stores from placing such items in prominent positions near checkouts and store entrances...
May 16, 2023

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