MARIETTE KRISTENSON CEO INTERVIEW: REITAN CONVENIENCE TARGETS GROWTH IN ALL MARKETS
Reitan Convenience, a leading convenience retailer in the Nordics and Baltics, is targeting growth in all of its markets. The business, part of Reitan Retail, is also focused on getting closer to customers and delivering sustainable convenience. That’s according to chief executive Mariette Kristenson. “We see convenience as a mega trend and there are opportunities to grow our existing brands in all markets,” she says. “The key is to be adaptable and understand the new market, which is sustainable convenience. Demand is accelerating quite quickly but we think we can give customers what they think is relevant and we are very positive about that,” she says. Following a recent period of restructuring in its convenience portfolio, today Reitan Convenience operates 1,750 stores across seven markets: Norway, Sweden, Denmark, Finland, Latvia, Estonia and Lithuania. The restructure after Covid removed some of the smaller stores (mostly in Norway and Finland), which would…
Read MoreROGER VOGT CEO INTERVIEW: VALORA FLEXES TO MEET NEW CUSTOMER NEEDS
Valora Group, the Swiss-based retail and foodservice company, is flexing its convenience retail and foodservice credentials with its new avec branded store at Freiestrasse in Zurich.The 159sq m store is a strong contender in The Best Foodvenience Store in the World contest, and it’s not difficult to see why. The store is all about foodvenience and fulfils avec’s aim to put the consumer at the centre of its decision making, states Roger Vogt CEO Retail at Valora Group. With a 25-year career in the industry, Vogt has an expert view on convenience and food retail. He started out as an apprentice butcher where “you are very close to the customer all day – you have to speak to customers and serve them, which is key in this business”; before moving to Coop, one of Switzerland’s largest retailer for 20 years. There he had responsibility for 350 supermarket stores in the…
Read MoreFOUR WAYS RETAILERS ARE USING AI
AI saves time and increases efficiency, said speakers at the NACS Show. For a mid-size operator like Cubby’s, which operates 42 retail locations in Nebraska, Iowa, and South Dakota, sorting through vast amounts of data to leverage insights is time-consuming and daunting. “I see all these great products [that collect data] out there, but I’m always asking myself, ‘Who in my organization has the time to go through all of this information and then take action based on it?’” said De Lone Wilson, president of Cubby’s Inc., during “Use Cases for AI Inside of the Store” at the NACS Show on Monday. “But with AI, the technology does that for you—pulls out all the insights and presents it right to you so you don’t have to go digging for it,” he continued. Saving time and increasing efficiency were two of the major benefits of implementing AI for both day-to-day in-store…
Read MoreALLIED PINNACLE HOSTS INTERNATIONAL VISITORS AT RAVENHALL RIBBON CUTTING
Baking supplies manufacturer Allied Pinnacle has held a ceremonial cherry blossom planting and ribbon cutting with parent company Nisshin Seifun Group at its Ravenhall Distribution Centre in Victoria, ahead of the site’s official opening next month. According to a statement from the company, the event on Friday celebrates the new facility’s opening – which will represent its largest footprint nationwide – as “a key milestone in Allied Pinnacle’s commitment to growth and innovation”. It is set to play “a key role in distributing flour and bakery goods” and service Australian states including Victoria, South Australia, and Tasmania. “This facility not only strengthens our ability to serve customers across multiple states but also reinforces our commitment to delivering innovative, high-quality products. We’re proud to contribute to the local economy and look forward to creating more opportunities for growth in the region,” said Allied CEO David Pitt. The facility includes a test…
Read MoreMR WHIPPY AND DARRELL LEA TEAM UP FOR NOSTALGIC NEW RELEASE
Mr Whippy and Darrell Lea, two iconic Australian brands, have partnered to launch a new chocolate – Mr Whippy 100’s & 1000’s Marshmallows. Paul Ayoub, General Manager at Mr Whippy, said the two brands joined forces to bring fun and excitement back into the chocolate category, reigniting childhood memories. “Together we looked at what brings excitement and joy and landed on the old-time favourites of marshmallows and 100’s & 1000’s. This combined with quality Darrell Lea Milk chocolate formed a perfect partnership.” Ayoub explained that at Mr Whippy they are always looking towards the long term with its partnerships. “We see this product exceeding all expectations and driving incremental sales into the convenience network. The two companies will be closely evaluating the performance to decide how far and wide it will go.” Looking at partnerships, Ayoub said that this coming together with Darrell Lea is a true example of a…
Read MorePLASTIC COFFEE CUPS, CONFETTI AND OTHER SINGLEUSE PLASTIC PRODUCTS BANNED IN SA FROM TODAY
A range of single use plastic products will be banned from today in one of the most significant phases of the Malinauskas Government’s efforts to reduce plastic waste in our natural environment, waterways and beaches. From today, the following items are banned.
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