Corporate supermarket sales growth
Cost-effective home-cooked meals are increasing in expensive areas.
Big impact on the expansion of fresh and immediate food
The number of shops is increasing
Enlarge picture of Junggye Homeplus Express Seoul Branch
Corporate supermarkets (SSMs), which were dying out due to higher prices compared to large supermarkets and lower accessibility compared to convenience stores, are being revived. As the high price situation continues, the demand for ‘home cooked food’, which shows eating patterns of short distances, small quantities, and high frequency, has increased, and the strategy that has to tailor for this has been evaluated as effective. The strengthening of fresh and instant food products and the introduction of immediate supply are considered to be the secrets of the revival.
Analyzing the statistics of the Ministry of Trade, Industry and Energy on the 6th, it was found that the total sales of the company SSM GS The Fresh, Lotte Super, Home Plus Express, and E-Mart Everyday last year increased by about 3.7% compared to’ the same period last year, growing for the first time in five years. This is unusual compared to the repeated negative growth every year since recording a growth rate of 2% in 2018.
The Number Of Passenger Cars In The EU…
There were an average of 0.56 cars per person in the EU in 2022, the same as in 2021, according to Eurostat data published today. Within the EU, however, serious variations were noticed – from 2.34 cars per person in Valle d’Aosta, Italy, to 0.08 in Mayotte, France.
In 2022, the most motorized regions in the EU were Valle d’Aosta, Italy, with 2,339 cars per 1,000 inhabitants, followed by the Autonomous Province of Trento, Italy, with 1,431 cars per 1,000 inhabitants and the Autonomous Province of Bolzano, Italy, with 935 cars less than 1000 inhabitants.
Of the ten most motorized regions, six are in Italy, and one each in Finland, Greece, the Netherlands and the Czech Republic, writes BTA.
At the opposite pole are the French overseas region of Mayotte with 83 cars per 1,000 inhabitants, the Greek Peloponnese with 203 per 1,000 and French Guiana with 217 per 1,000. Of the ten regions with the lowest motorization, four are in Greece, two each in France and Romania and one each in Germany and Austria. The latter two are the metropolitan regions of Berlin and Vienna.
In Bulgaria, the level of motorization is slightly below the EU average.
Real-Time Market Insights: Stay Updated On Todays Stock…
Stocks in the U.S. saw an increase on Monday, with Wall Street aiming to continue the momentum from the previous day’s strong performance, following positive job data that raised expectations of a Federal Reserve interest rate cut.
The Dow Jones Industrial Average rose by 169 points, or 0.4%. The S&P 500 increased by 0.5%, and the Nasdaq Composite saw a gain of nearly 0.6%.
Micron shares surged by over 3% after Baird upgraded the stock to outperform from neutral, citing “significant opportunities” ahead.
The Dow, S&P 500, and Nasdaq all saw gains of more than 1% each on Friday following the release of new nonfarm payrolls data, which indicated a lower-than-expected job growth in April and a rise in unemployment, alleviating concerns of an overheating economy. Traders became optimistic about the possibility of the Fed initiating rate cuts earlier than anticipated.
“It may be premature to declare that the U.S. economy has landed softly since the Fed is still maintaining interest rates at restrictive levels. However, the April jobs report paves the way for that scenario,” stated Comerica Bank’s chief economist Bill Adams.
Investors will gain further insights into future Fed actions on Monday,
Ukraine Decided To Send Its Cargo Through Lithuania
The companies officially signed a memorandum to coordinate the project and provide the necessary tools and resources for its implementation, LTG said on Monday.
“We consider Ukraine and Ukrainian Railways as our strategic partners in ensuring the smooth movement of goods between our countries, as well as in expanding export and import opportunities through the Klaipeda port between Ukraine and Scandinavia. We purposefully support Ukraine in its efforts to develop alternative logistics solutions and increasing the competitiveness of business in both countries in the region,” LTG Group CEO Egidijus Lazauskas said in a press release.
The first test flights along the route are expected to take place this year. In the future, the route will be used for regular cargo transportation.
LTG and Ukrainian Railways also agreed to analyze the market potential, prepare the necessary technological and operational solutions, as well as a specific action plan to ensure the proper implementation of the route.
Last May, LTG and Ukrainian Railways agreed to cooperate in the implementation of the Free Rail program initiated by LTG, and a corresponding memorandum was signed in Munich.
Last November, LTG Cargo, the freight transport company of the LTG group,
CONNECTIVITY Starlink Obtains Its License
Starlink can now market its products in Madagascar. In a decision by the Communication Technologies Regulatory Agency (Artec), it is indicated that this company now has a license “For the installation and operation of broadband internet service by satellite”. It is allocated to Starlink Madagascar SA, which thus becomes a telecom operator in its own right, able to operate throughout the national territory. It is also specified that this license is valid for five years, from the signing of this document.
Artec nevertheless indicates in its decision that Starlink will have to pay 100,000 euros in return for the award of this license. “The holder [de la licence, NDLR] will pay an annual fee of 5% of its turnover excluding tax, payable in ariary to Artec at the official rate in force on the day of payment”, it is announced.
Tahina Razafindramalo, Minister of Digital Development, Posts and Telecommunications, recently announced the official arrival of Starlink and the company’s acquisition of a license. In a post on his LinkedIn account, the government member welcomed this subsidiary of SpaceX, speaking of a new chapter and a new player which is part of the connectivity landscape on the Big Island.
Midis Declared That It Executed 22% Of Its…
The Ministry of Development and Social Inclusion (Midis) reports that it has executed 22% of its budget so far this year
The Ministry of Development and Social Inclusion (Midis) has specified that to date it has carried out the 22% of your annual budget and collaborates closely with soup kitchen organizations.
Through a statement shared on their social media platformshave pointed out that certain unfounded claims are causing misinformation regarding the performance of this area.
Regarding the statement that the Between has executed less than 3% of your budget, was deniedsince the total execution to date reaches 22.2%.
“Even in the In the first three months of this year, 100% execution has been exceeded regarding the monthly programming; and in the month of April, execution was 98%“, is verified in the statement.
The claim that communal pots are not being given access or satisfactory answers was refuted, pointing out that this claim also lacks truth.
Read also:
JNJ: Abraham Siles and Mónica Rosell refuse to take on vacancies
“Midis has been working hand in hand with the soup kitchen organizations (more than 750 thousand users), and of common pots (more than 280 thousand users),
Minimum Wage Up. There Are Two Scenarios On…
#Minimum #wage #scenarios #table #amounts #dropped
The minimum wage will go up next year, and although there are no official government proposals yet, only one increase is possible. But in this regard, there are two scenarios at the same time.
There are two amounts at stake: PLN 4,510.90 or PLN 4,617.80 – this is according to the calculations of Łukasz Kozłowski, chief economist of the Federation of Polish Entrepreneurs, which he presents “Dziennik Gazeta Prawna” . This forecast was based on indicators from the Multiannual State Financial Plan for 2024 – 2027, which was adopted by the government at the end of April.
Watch the video Marek Zuber: The more often you change jobs, the greater your chance of getting a raise
The minimum wage will go up in 2025. But by how much? There are two scenarios
“DGP” reports that, unlike in previous years, employees can expect only one increase in the minimum wage. This is due to the fact that the inflation rate forecast for 2025 is below 5%.
Howard Schultzs Advice For Starbucks Successor Shared On…
Starbucks Founder Howard Schultz Urges Successor to Prioritize Customer Experience Addressing challenges faced by Starbucks company
Renowned for his exceptional leadership in turning Starbucks into a global phenomenon, Howard Schultz, the well-known founder of the coffee giant, has recently shared valuable advice with his successor. In order to overcome the current struggle in sales, Schultz has emphasized the urgent need for the company to refocus on its core offering – coffee.
Reflecting on Starbucks’ past success
Starbucks has long been acclaimed for its premium coffee experience, drawing loyal patrons to its stores worldwide. However, in the face of mounting competition and changing consumer preferences, the company has encountered a sales slippage which has prompted Schultz’s concern for a necessary transformation.
Prioritizing customer experience for improved sales
Understanding the significance of satisfying customer demands, Schultz accentuated the need to prioritize the overall experience Starbucks provides. By revitalizing and enhancing the appreciation for the core coffee products, the company will be better equipped to reconnect with its audience effectively.
Overhauling the customer experience
Starbucks’ former CEO believes that a comprehensive overhaul of the current customer experience is imperative. By ensuring a seamless and enjoyable journey for the patrons,
Friedrich Merz Suddenly Lacks Offense
He was particularly combative with regard to the AfD. If there were any doubts about the stability of the firewall against right-wing extremists, then he dispelled them with a decisive attack against the AfD. He launched an attack against the right-wing radicals and the CDU party conference rewarded this determination with stormy applause. A little more offense wouldn’t have hurt either. It remains to be seen how far he can carry this spirit of optimism and new determination through the 2024 election year. The results of the elections in Europe and the three Eastern countries will also determine the CDU’s willingness to follow its leader.
Also read: Friedrich Merz is working on his sympathy problem
This article comes from the WiWo newsletter Daily Punch. The newsletter delivers the daily commentary from the WiWo editorial team to your inbox. Alwa ys to the point, always with punch. Also in Punch: an overview of the five most important topics of the day. You can subscribe to the newsletter here.