retail news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary…

• Supervalu said that it has completed its previously announced $193 million acquisition of Associated Grocers of Florida, the retailer-owned co-op that serves businesses in Florida, the Caribbean, Central and South America.

• The San Francisco Chronicle reports that UK supermarket chain Marks and Spencer has begun marketing a safer avocado - one with no pit and tender skin, that can be eaten whole, and does not require the use of a knife.

This apparently is a big deal, especially with the growing popularity of avocado toast - there has been a trend toward hand injuries, including severed fingers and sliced tendons, because of difficulties people have had cutting up avocados.

Innovations can be small, or can be large. What matters is that they matter.

• The Financial Times reports that France-based mall owner Unibail-Rodamco has struck a deal to acquire Australia-based mall owner Westfield in a deal valued at $24.7 billion (US).

Westfield owns more than 30 malls in the US, but has been facing an uphill battle of late as bricks-and-mortar stores have been closing because of competition from e-commerce companies and changing consumer habits.
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