A variety of partnerships are shaping up in the food sector. UK sandwich chain Pret a Manger is teaming up with Deliveroo, and wholesaler Bidfood adds a catering firm to its network. In the US, meal-kit provider Blue Apron is beefing up its menu with Beyond Meat, and McDonald's buddies up with DoorDash for deliveries. Enjoy the read!




Wednesday, 17 July 2019





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A variety of partnerships are shaping up in the food sector. UK sandwich chain Pret a Manger is teaming up with Deliveroo, and wholesaler Bidfood adds a catering firm to its network. In the US, meal-kit provider Blue Apron is beefing up its menu with Beyond Meat, and McDonald's buddies up with DoorDash for deliveries. Enjoy the read!

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Europe


Controversial commercial ▪ The British Advertising Standards Authority has received a complaint from Tesco concerning an ad that has Aldi's private label products compared with branded items of the supermarket leader, claiming a 45% saving. Despite the discounter's defence, the authority banned the ad.



Healthy stance ▪ French multinational Carrefour has opened its first BIO store in Belgium with the aim to make organic food more accessible. In its home country, Barclays suggested that a merge with ailing competitor Casino could be a possibility and would offer significant synergies, sending Casino shares up 2%.



Foodie moves ▪ British food-to-go leader Pret a Manger has partnered with delivery platform Deliveroo, launching the service in 120 Pret outlets. Staying in the UK, wholesaler Bidfood has acquired Brighton-based Elite Fine Foods, a foodservice supplier, which delivers to more than 2,500 catering establishments.



Acquisition ambition ▪ Dutch retailer Jumbo will buy supermarket chain Agrimarkt, which operates six stores in the south-west of the Netherlands. Financial details of the transaction were not disclosed, but it was said that the majority of the employees of the latter will transfer to Jumbo.




United States


Veggie addition ▪ Meal-kit provider Blue Apron is betting on premium meat alternatives to attract customers and has announced to add Beyond Meat's products to its menu, sending its shares up. US retail sales of plant-based foods have surged to a total of USD 4.5 billion over the past year, which is a growth of 11%.



More partnerships ▪ McDonald's joins forces with delivery service DoorDash, offering its customers more choices and bringing an end to its exclusive partnership with UberEats. Supermarket operator Giant Eagle is teaming with start-up Grabango to test a checkout-free shopping experience across its stores.



Cutting costs ▪ Ikea is closing its only production facility in the United States. The Swedish furniture giant will end production at its manufacturing plant in Virginia and move the operations to Europe, citing costs for the decision. The facility opened in 2008 and employs about 300 people.




Asia & Australasia


Flying high ▪ Britain's Burberry Group is set to invest heavily in new stores in China, as the region is outpacing the company's worldwide sales growth. The luxury fashion retailer appears to be back in fashion with investors in its home country thanks to its new creative head, Riccardo Tisci.



Meat alternatives ▪ Australian food business Soulfresh has launched Eaty, a “next generation” meat substitute range. It features popular Aussie meal choices such as pulled pork and meatballs, made from plant-based ingredients that look and taste like their real meat counterparts.




Analysis and commitments


Insider insight ▪ Amazon's annual Prime Day might boost memberships, but the e-commerce giant also needs to focus on serving brands, says an analyst. The shopping extravaganza is fueling other retailers' online sales, some of them saw a 64% rise in their digital sales, according to Adobe Analytics.



Ethical pledge ▪ Spanish fashion powerhouse Inditex commits to a global transformation strategy to drive sustainability in the company, covering areas such as design, manufacturing, logistics and more. Plastic bags will be banned and containers for used clothes will be equipped in all stores from next year on.