Corporate Operations: Page 10
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As Trump rises again, so too might inflation
Some retailers could get hit hard by policies promised by the president-elect, especially tariffs and taxes, though tax breaks may be a tailwind.
By Daphne Howland • Nov. 7, 2024 -
Sprouts to open first store in Wyoming
The store opening, slated for the end of the month, marks the 24th state of operation for the fast-growing specialty grocer.
By Peyton Bigora • Nov. 7, 2024 -
Explore the Trendline➔
Courtesy of The Save Mart CompaniesTrendlineRetail media
Grocers of all sizes are continuing to test the bounds of digital retail media capabilities through the launch of new capabilities and third-party partnerships.
By Grocery Dive staff -
Ahold Delhaize sees lower sales, positive comps as it presses ahead with Stop & Shop revamp
“We have much more work to do to bring Stop & Shop back to its feet,” President and CEO Frans Muller said Wednesday.
By Sam Silverstein • Nov. 6, 2024 -
UNFI improperly discounts payments to suppliers, lawsuit claims
The grocery wholesaler delays paying food companies for their goods and factors in “prompt-payment discounts” when it pays invoices late, according to a class action suit filed this week.
By Sam Silverstein • Updated Nov. 6, 2024 -
Grocery Outlet posts lackluster Q3 results as it grapples with tech issues, pricing
The discounter aims to remedy system inefficiencies from its tech transition last summer and refocus its pricing strategy, Interim CEO Eric Lindberg told investors Tuesday.
By Catherine Douglas Moran • Nov. 6, 2024 -
Kroger finalizes $1.4B opioid settlement with 30 states
The settlement includes attorney fees of up to $149 million as part of the arrangement — nearly 11% of the total amount.
By Catherine Douglas Moran • Nov. 6, 2024 -
Dollar Tree CEO steps down
Rick Dreiling’s departure due to health concerns comes as the company is navigating several challenges, including a possible spin off or sale of its Family Dollar banner.
By Nate Delesline III • Nov. 5, 2024 -
SpartanNash names new chief retail officer
Djouma Barry is assuming the role after holding executive positions at Kroger and Target.
By Sam Silverstein • Nov. 5, 2024 -
7 notable grocery executive changes from October
Top executives at Grocery Outlet and Amazon stepped down while Albertsons announced a new chairman as part of several updates to its board.
By Grocery Dive Staff • Nov. 5, 2024 -
Kroger-Albertsons merger in court: 6 key takeaways
Competition, pricing and the fate of Albertsons were key points of contention in the three court battles that unfolded over a nearly two-month period.
By Jeff Wells , Sam Silverstein • Nov. 4, 2024 -
Natural Grocers names new CFO
Richard Hallé, a longtime board member for the grocer and former CFO for two tech companies, will step into the role at the start of next year.
By Peyton Bigora • Nov. 4, 2024 -
Column
The Friday Checkout: Top grocery issues to watch this presidential election
While high food prices have dominated mainstream discourse, the industry could feel the impact of tariffs or a grocery price-gouging ban, depending on who is elected.
By Grocery Dive Staff • Nov. 1, 2024 -
Lidl promises Thanksgiving dinner for 10 for $45
The private label-focused discounter’s holiday meal promotion includes a Shady Brook Farms turkey for 39 cents per pound.
By Sam Silverstein • Nov. 1, 2024 -
SpartanNash to buy three convenience stores
The grocery retailer and wholesaler has agreed to acquire Michigan-based Markham Enterprises as it continues to expand its retail operations.
By Sam Silverstein • Oct. 31, 2024 -
Grocery Outlet’s president and CEO exits abruptly
The grocer has tapped Chairman Eric Lindberg to immediately fill the top roles on an interim basis following the departure of RJ Sheedy, who became president in 2019 and CEO last year.
By Catherine Douglas Moran , Sam Silverstein • Updated Oct. 30, 2024 -
Lidl looks to hold onto its roots as it reboots its image
The German grocery chain wants to focus on fresh offerings and expand in three core U.S. markets, its top stateside executive said.
By Sam Silverstein • Oct. 29, 2024 -
Amazon’s top grocery executive exits
Tony Hoggett, the retailer’s senior vice president of worldwide grocery stores, is leaving after nearly three years at the company.
By Catherine Douglas Moran , Jeff Wells • Oct. 25, 2024 -
Column
The Friday Checkout: Kroger and Albertsons make their final pitch
In state and federal courts, the retailers have painted the deal as essential to enabling them to bring down prices in a world ruled by Walmart. Will judges buy their argument?
By Grocery Dive Staff • Oct. 25, 2024 -
Where Kroger stands with its legal challenge to FTC’s in-house case
A hearing is set for Monday in Cincinnati. The FTC says its administrative hearing about the proposed deal would not begin until Dec. 18 at the earliest.
By Catherine Douglas Moran • Oct. 25, 2024 -
Dollar General joins the Thanksgiving grocery rush
The discounter is joining a range of retailers in beckoning shoppers with savings on foods commonly used for holiday meals.
By Sam Silverstein • Oct. 25, 2024 -
Kroger and Albertsons vs. Washington state: Inside the closing arguments
The two companies compete fiercely in the Evergreen State, and legal teams for both sides had differing arguments on what that could mean for the fate of the merger.
By Jeff Wells • Oct. 24, 2024 -
7-Eleven plucks Albertsons exec to spearhead fresh food operations
Brandon Brown has been tasked with leading some of the programs that the retailer is banking on to improve its performance in North America.
By Brett Dworski • Oct. 23, 2024 -
Target cuts prices on 2K items for the holiday season
It’s the second time in less than six months that the retailer has lowered prices. By the end of the year, the company said it will have reduced prices on 10,000 items.
By Nate Delesline III • Oct. 22, 2024 -
What grocery CEOs earned in 2023
The top executives of the largest publicly traded grocery retailers in the U.S. all took home multimillion-dollar pay packages last year, with several raking in more than $10 million.
By Sam Silverstein • Oct. 22, 2024 -
Grocery e-commerce soars in September as delivery posts another strong showing
Delivery sales were up 50% last month, to $3.9 billion, but pickup also recorded respectable growth, according to Brick Meets Click and Mercatus.
By Sam Silverstein • Oct. 22, 2024