1. News
April 6, 2017

Deals this week: Imaginarium, Warburg Pincus, WayCool Foods and Products

Imaginarium has announced plan to issue more than 166 million common shares priced at €0.03 ($0.03) each, in order to raise €4.99m ($5.31m) in gross proceeds.

Imaginarium has announced plan to issue more than 166 million common shares priced at €0.03 ($0.03) each, in order to raise €4.99m ($5.31m) in gross proceeds.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

Imaginarium is a Spanish toys and juvenile products retailer.

US-based private equity firm Warburg Pincus has announced an additional investment of Rs5bn ($77.04m) in Kalyan Jewellers India.

Indian jewellery retailer Kalyan Jewellers will use the funds to expand its presence in Saudi Arabia, Bahrain, Oman, Singapore and Malaysia.

WayCool Foods and Products has secured $2.7m in funding from venture capital firm Aspada Investment Company.

The operator of the Waycool.in fresh produce distribution platform, WayCool plans to use the financing to improve its technology infrastructure and expand its presence in Bangalore and Hyderabad.

Both the companies involved in the deal are based in India.

"Indian jewellery retailer Kalyan Jewellers will use the funds to expand its presence in Saudi Arabia, Bahrain, Oman, Singapore and Malaysia."

US-based off-price retailer Forman Mills has chosen the Aptos Singular Commerce suite of retail technology solutions to support its expansion plans.

The Aptos Singular Commerce platform will provide a faster and efficient checkout process for customers.

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.