Why the Arab market is so hot

Arabs in Australia are the hottest segment of the Australian grocery market, according to a report from the Australian Bureau of Statistics.The report, based on sales data from supermarkets, grocery stores and food distributors, found the region has grown by more than 100 per cent since 2000.The region has also gained a population and the […]

A food revolution is coming: Wal-Mart will buy grocery giant Aldi for $5 billion

Bloomberg AUGUST 27, 2020 12:06:09A food revolution has begun at the largest supermarket chain in the U.S., Wal-mart Stores Inc. (WMT).The announcement by Wal-marts board chairman and chief executive officer Bill Simon that the nation’s biggest grocery retailer has agreed to buy Aldi, a French food and wine retailer, will be followed by other consolidation […]

Acme grocery stores closes for $1 billion, including $200 million in cash, as store closes for the season

Acme, a grocery store chain that operates more than 5,000 grocery stores across the United States, is shutting down this year, citing declining sales.The company is expected to file for bankruptcy protection next year.Acme’s stores have already closed on Thanksgiving Day, Christmas Day and the New Year’s Day holiday.In its bankruptcy filing, Acme said that […]

‘Wanted to be in France’: French woman’s plea for help in her rescue

A French woman has been reunited with her mother and her two daughters in a bid to save them from a house fire.Lauren and her daughters, ages eight and nine, are believed to have been trapped in a house on the outskirts of the French city of Strasbourg when the blaze broke out on Monday.The […]