UK blockchain start-up Decapolis partners with Fresh Del Monte
Fresh Del Monte Produce has invested a 39% stake in Decapolis, in an effort to secure innovative solutions for its products and services. The UK-based Jordanian technology company provides food safety and traceability for the food industry. Decapolis Food Guard (DFG) will be available across all of Del Monte’s business segments, according to both companies. […]
Aldi unveils eco-friendly building that could save customers even more
Can shopping get even less expensive at Aldi? With this new concept, it may be possible. The discount retail chain has opened what it calls a “new eco concept store” this week in Royal Leamington Spa, which will serve as a test kitchen of sorts in helping the supermarket and shoppers reduce carbon emissions. The […]
South Africa table grape industry looks for improvements over 2020-21
Weeks ahead of the season’s first South African grape exports, South Africa’s table grape industry (SATI) released a strong statement on Sept. 22. Growers are expecting a much better season than the previous one. Last season was one of the toughest since the post-deregulation era two decades ago. Increases in production cost input, freight costs […]
Hurt by inflation and consumer change, Morrisons’ profits tumble during Q3
Could the news over the past month get any worse for retailer Morrisons? After being surpassed recently fourth place in the UK’s supermarket rankings by discount chain Aldi, Morrisons reported that its profits were less than half of what they were during the same period last year, tumbling to just £177m in the third quarter. […]
Wholesale perspective: A happy, repeat grape consumer will continue to drive the business
In a week’s time, Tom Kovacevich probably sees more grapes than many retailers do in a lifetime. The president of T.M. Kovacevich-Philadelphia Inc. — better known simply as TMK Produce — Kovacevich operates nine units on the Philadelphia Wholesale Produce Market, and there are times TMK has over 100 combinations of grape offerings. At the 2022 Global […]
Aldi’s year gets even better with three top retail awards
All is going well for Aldi, which is increasing its footprint across the UK, rising in the supermarket rankings and winning awards in the process. The discount retailer, fresh off a surge into the No. 4 slot ahead of rival Morrisons, recently took home three trophies at the Retail Industry Awards for environmental stewardship, online […]
Aldi’s move into Big Four shows power of discounting, inflation
Although Aldi’s rise into the Big Four of UK supermarkets ahead of Morrisons was not a surprise given its surge in the past two years, it nonetheless showed the power of discount chains in a budget-crunched sector for consumers. With inflation soaring to 12.4%, Aldi pulled down a 9.3% share to leap ahead of Morrisons […]
Raspberry development in processing and fresh sectors
On a recent trip to Chile, I took this photo in a raspberry production field. For me, it very neatly summed up the progress that has been made in raspberry breeding in the recent past. The variety on the left has been the industry standard type in the country for the last few decades. On […]