Corporate Operations: Page 15
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Courtesy of Clif Bar
Food execs signal a strong appetite for M&A in 2024
As Mondelēz, General Mills and other CPG firms scour the market for deals, high asking prices could remain a sticking point preventing some purchases from taking place.
By Christopher Doering • March 5, 2024 -
Permission granted by Publix
Publix increases capital budget to $2.5B for 2024
The projected spending is a quarter more than what the Florida-based grocer spent last year to open and remodel stores, along with other projects.
By Catherine Douglas Moran • March 4, 2024 -
Explore the Trendline➔
Permission granted by Robert Sanchez
TrendlineTop 5 stories from Grocery Dive
Top stories from Grocery Dive 2023/2024
By Grocery Dive staff -
Courtesy of Target
Private label sales hit a record in 2023
Store brands accounted for nearly 21% of grocery industry unit sales last year, an all-time high, according to newly released data from the Private Label Manufacturers Association.
By Sam Silverstein • March 4, 2024 -
Permission granted by Estudio Casabonne
Sponsored by ViruFor food company Viru, transparency and working conditions are inextricably linked to success
Consumers are more food and health conscious than ever — they want to know where and how their food was raised.
March 4, 2024 -
Retrieved from Wawa.
Wawa debuts retail media network
The company joins 7-Eleven and Casey’s as one of the few c-store chains to launch an advertising platform.
By Brett Dworski , Jessica Loder • March 1, 2024 -
Courtesy of Kroger
ColumnThe Friday Checkout: Could the Kroger-Albertsons saga become a political football?
The chains are trying to merge as politicians and consumers connect the grocery industry with high prices. Can the retailers overcome the pressure?
By Grocery Dive Staff • March 1, 2024 -
FG Trade via Getty Images
How grocers evaluate the impacts of AI, tech on workers
As food retailers assess digital solutions, they are keeping a close eye on the benefits and downsides they pose to their workforces.
By Catherine Douglas Moran • Updated March 19, 2024 -
Courtesy of Albertsons
What’s next for Kroger and Albertsons as merger case moves on to court
The grocers' ability to combine could come down to how a judge rules on the FTC's request for a preliminary injunction, antitrust experts said.
By Sam Silverstein • Feb. 29, 2024 -
Jessica Dumont/Grocery Dive
Grocery Outlet talks private label launch, next steps for discounter acquisition
The company is looking to boost its baskets and margins with the private brand rollout later this year, executives told investors.
By Catherine Douglas Moran • Feb. 28, 2024 -
Justin Sullivan via Getty Images
Dollar General starts accepting supplemental health benefits
The discounter is letting shoppers use the benefits to pay for items including produce, over-the-counter medicines and wellness products at all of its 20,000 stores.
By Sam Silverstein • Feb. 28, 2024 -
Scott Olson via Getty Images
ColumnPardon the Disruption: 4 thoughts on the FTC’s challenge to Kroger-Albertsons
The agency strongly refuted claims the companies made around pricing, worker benefits and store divestitures, setting the stage for a pitched legal battle.
By Jeff Wells • Feb. 27, 2024 -
Nick van Bree via Getty Images
Ahold Delhaize, Instacart make pledges to White House anti-hunger initiative
The companies' commitments build on the grocery industry’s efforts to address hunger and boost access to food.
By Catherine Douglas Moran • Feb. 27, 2024 -
Scott Olson via Getty Images
Iowa bill seeks to bring grocery options to underserved communities
Introduced by a state representative who formerly owned a food store, the proposed legislation would provide grants of $50,000 to $500,000 to grocers with up to 10 locations.
By Catherine Douglas Moran • Feb. 26, 2024 -
LD via Getty Images
FTC files suit to stop Kroger-Albertsons merger
Nine attorneys general have joined the federal court complaint, which claims that the deal would boost grocery prices and hurt workers.
By Sam Silverstein , Jeff Wells • Updated Feb. 26, 2024 -
Permission granted by Dollar General
Dollar General opens 20,000th store
The discount retailer plans to open hundreds more locations this year alone.
By Nate Delesline III • Feb. 26, 2024 -
Retrieved from Conagra Brands.
Food giants see opportunity to profit from consumers using weight loss drugs
Despite worries that the medications could dampen sales, Conagra, WK Kellogg and General Mills are among companies optimistic that sales for popcorn, frozen meals and even cereal could benefit.
By Christopher Doering • Feb. 26, 2024 -
Peyton Bigora/Grocery Dive
Sprouts records strong Q4 sales, plots growth for 2024
The specialty grocer’s net sales rose 8% year over year in its latest quarter, while comps moved ahead 3.3%.
By Sam Silverstein • Feb. 23, 2024 -
Kaarin Vembar/Grocery Dive
Walmart hits supplier emissions goal 6 years early
The retailer’s vendors have already reported enough projects to fulfill Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.
By Ben Unglesbee • Feb. 23, 2024 -
Permission granted by Stop & Shop
Ahold Delhaize USA appoints chief sustainability officer
Marc Stolzman is taking on the role after spending five years at the grocery company’s Peapod Digital Labs division.
By Sam Silverstein • Feb. 22, 2024 -
Sam Silverstein/Grocery Dive
Why Giant Food’s search for workers took it to a local prison
The mid-Atlantic grocer hires incarcerated people for roles in its fresh food distribution center through a work release program with a Maryland correctional facility.
By Sam Silverstein • Feb. 22, 2024 -
Courtesy of Kroger
UFCW local throws support behind Kroger-Albertsons merger
UFCW Local 555 said Monday that it endorses the grocers’ proposed divestiture plan with C&S Wholesale Grocers.
By Catherine Douglas Moran • Feb. 21, 2024 -
Courtesy of The Save Mart Companies
The Save Mart Companies names new chief merchandising and marketing officer
Chris Hooks, who stepped into the role Tuesday, brings more than 25 years of experience working for grocers, discounters and private label companies.
By Peyton Bigora • Feb. 20, 2024 -
Courtesy of Walmart
Walmart records grocery gains, improved e-commerce profitability in Q4
The retailer’s U.S. comparable-store sales excluding fuel rose 4% as a softening in general merchandise sales partially offset strength in grocery and health and wellness.
By Catherine Douglas Moran • Feb. 20, 2024 -
Courtesy of Albertsons
ColumnThe Friday Checkout: Is C&S Wholesale Grocers fit to run assets Kroger, Albertsons want to divest?
The lawsuit brought by Colorado’s attorney general claims that the wholesaler and retailer doesn’t have the experience to run hundreds of stores and several more private brands.
By Grocery Dive Staff • Feb. 16, 2024 -
Courtesy of Kroger
Kroger-Albertsons merger faces lawsuit by Colorado attorney general
The suit claims the deal violates the state’s antitrust act and alleges the grocers have a “history of collusion” with unlawful no-poach and non-solicitation agreements.
By Catherine Douglas Moran • Updated Feb. 16, 2024
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