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...Asda, the UK supermarket chain owned by TDR Capital and the billionaire Issa brothers, is converting to its Asda Express brand 470 local stores that it acquired in 2022....
...But there is a big difference between app stores and physical supermarkets: the latter must build and run stores and distribution hubs, employ checkout staff and shelf stackers, advertise widely and so on...
...While the UK’s new rules have prompted some change, “there are healthier snack options popping up but they are in a small set of categories, stocked in certain stores and are often more expensive”, said...
...The purchase will allow MFG to expand its electric vehicle footprint across the UK, from 130 sites currently electrified to 800 by 2030, as well as bolster its convenience store offering, the companies said...
...Florida-based grocery chain Publix is the first to partner with Instacart, with warehouses operating in Miami....
...The supermarket chain will from Thursday stop stocking PepsiCo products such as Doritos crisps and 7Up, and will add signs to shelves at its stores in France explaining to customers that it is no longer...
...Earlier this month it announced it would buy the Winn-Dixie and Harveys supermarket chains, expanding in a market where big stores still reign supreme....
...One time, he bought a microwave curry from the vegan section of the supermarket Target, which contained ghee — a dairy product....
...But after the initial interest wore off the store was rarely busy. This year it closed....
...Negotiations relating to food products sold in French stores are subject to French regulations — even if the discussions are conducted in another country....
...seven-strong Daunt Books, which is the second largest independent chain in the UK, in addition to the Waterstones role means he controls the majority of independent high street book sales in the UK outside supermarkets...
...The divestitures included more than 400 stores sold to rival chains such as Publix, according to a person familiar with Cerberus’s returns....
...At the local Publix supermarket — founded by the Jenkins family, prominent Trump supporters — Bolsonaro was seen roaming the aisles in the days before the insurrection....
...In the UK, Krispy Kreme sells its doughnuts in supermarkets such as Tesco and Sainsbury’s, as well as in standalone stores....
...Profit margins are lower for groceries than discretionary items, so dollar stores have little incentive to push too far into supermarkets’ terrain....
...Its services division alone, where it earns recurring subscriber revenues and App Store payments, generated $55bn in profit last year — higher than JPMorgan and Citi combined....
...The UK’s competition regulator has said there is little evidence that supermarkets profited unduly from fuel price volatility....
...It’s a trend confirmed by the department store John Lewis, which has recently updated and streamlined its shoe care range....
...Instacart said its warehouses with Publix would be a mixture of standalone facilities attached to existing brick-and-mortar stores....
...But shoppers are returning to supermarket aisles. This year, Instacart reduced its internal valuation to $24bn. Its market cap could be much lower....
...Online makes up 13 per cent of overall retail sales, double what it was before the pandemic, while same-store sales in the three months to the end of May were up 24 per cent as visits to its 2,000 stores...
...Supermarkets and “variety discounters” such as B&M and Home Bargains have been undercutting it on staples such as deodorant, shaving products and toiletries, while online rivals and department stores are...
...But empty shelves have appeared in supermarkets, and we may one day pick up our phones and notice that the app store looks thinner. When that happens, remember the boundless choice we once had....
...A version of this article was first published by Nikkei Asia on July 30. ©2022 Nikkei Inc. All rights reserved....
...During the bidding process, CD&R pledged not to engage in “material” sale and leaseback transactions on the group’s predominantly freehold store estate....
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