Supermarket

Mysterious cyberattacks on European supermarket fridges have sent officials around the continent scrambling to figure out the cold, hard facts. Supermarkets in a number of European countries reported this week that their fridges and freezers warmed up after they were remotely taken over, resulting in tons of spoiled food at a total cost of millions of dollars (euros). One Swedish supermarket said its fridges and freezers had been hacked and set to 50 degrees Celsius (122 degrees Fahrenheit). It's a repeat of an earlier incident that struck refrigeration systems in hundreds of supermarkets and independent stores across France, Belgium and the Netherlands. What happened and who was affected ------------------------------------------------------------- Supermarkets in at least half a dozen European countries, including Sweden, Belgium, Luxembourg, Ireland, Italy and Estonia, reported problems on Monday. It wasn't just big chains. The owner of a butcher shop in Athens told private

Supermarkets across Europe reported cyberattacks that raised refrigeration temperatures, disrupted operations and spoiled food, with authorities investigating the incidents

A cyberattack hit hundreds of French supermarkets overnight on October 11, forcing refrigeration systems to defrost and pushing temperatures as high as 50°C. Food spoiled, some stores reported fires,

A cyberattack targeting connected refrigeration systems spoiled food and sparked fires at supermarkets across France, prompting a national investigation

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 13.15 per cent rise in its standalone revenue from operations to Rs 17,612.62 crore for the third quarter ended December 31, 2025. The company had registered Rs 15,565.23 crore revenue from operations a year ago, Avenue Supermarts informed BSE in a regulatory filing on Friday. "Standalone Revenue from operations for the quarter ended (QE) December 31, 2025, stood at Rs 17,612.62 crores," said the filing on company update at the end of the quarter. The total number of stores of the Damani-family promoted retail chain stood at 442 as of December 31, 2025. This also includes its Sanpada in Navi Mumbai, Maharashtra, which is currently closed for customers due to reconstruction. On a quarter-on-quarter basis, D-Mart's revenue rose 8.6 per cent. It was Rs 16,218.79 in the September quarter (Q2 FY26). "Standalone Revenue from operations for QE December 31, 2025...is subject to limited review by the statuto

Zepto has begun piloting Super Mall for premium, non-grocery products and launched an in-app diagnostics service as the quick commerce platform tests new categories to improve margins

Electronic shelf labels are transforming grocery pricing in Europe and the US, but raise fears of real-time surge pricing and transparency risks

Zepto is currently present in 50 cities in the country and delivers an average of 1.5 million orders a day

Before joining Avenue Supermarts in 2004, Noronha worked as a sales executive at Hindustan Unilever

Dabur is expanding its premium portfolio and Total Addressable Market (TAM). The company estimates its existing portfolio, contributes less than 5 per cent of TAM

While its Japanese 7-Eleven convenience stores are a money-spinner, Seven & i has been hobbled by poor performance at its supermarkets, including the Ito Yokado stores that make up a part

Seven & i has been under pressure from investor ValueAct Capital in recent years to improve its asset allocation and has sold down stakes in other lower-performing assets

The supermarkets will face fines of up to 10 per cent of annual turnover for breaches of the code

Instacart is heading from the supermarket to the stock market. The San Francisco-based grocery delivery company raised USD 660 million in its initial public offering of stock, selling 22 million shares at USD 30 apiece. Its shares were set to begin trading on Tuesday on the Nasdaq stock exchange under the stock symbol CART. The pricing of the IPO gave Instacart a market value of around USD 10 billion, significantly lower than the USD 39 billion value placed on it after a fund-raising round in 2021. Instacart provides delivery and pickup from 85 per cent of US grocers, or more than 80,000 stores, using a network of 600,000 freelance shoppers. It also provides in-store technology, like smart carts and electronic shelf tags, and sells online ads to food companies and retailers. It says it has 7.7 million active customers who spend about USD 317 per month on the platform. In a letter to investors earlier this month, Instacart CEO Fidji Simo said grocery delivery has tremendous potent

They may not be converted into hypermarkets and supermarkets as many are on city outskirts

Raw material pressures and lack of pricing power key reasons for this view

Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284

Customers buying smaller packs as both traditional kirana shops and modern supermarkets clock business: NielsenIQ

BigBasket expects GMV to grow 30% to Rs 13,000 cr in FY23 with quick commerce push; will scale up offline stores from 90 to 695 in a year, will double footprint to 70 cities

Known for its sprawling business interests worldwide, billionaire Yussuf Ali-led Lulu Group is now entering northern India with one of the largest supermarkets in Uttar Pradesh