Corporate Operations: Page 25
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Instacart's Road to IPO
Instacart files plans to go public
The grocery technology company, which intends to list its shares on the Nasdaq under the ticker symbol “CART,” said it has not yet determined how much money it will seek to raise through the IPO.
By Sam Silverstein , Catherine Douglas Moran • Updated Aug. 25, 2023 -
Q&A
Why Save A Lot’s CEO is bullish on independent grocery retailers
Larger players might have the benefits of scale, but “they also struggle to serve each individual trade area. And that’s where independent retailers succeed,” the chain's top executive said.
By Sam Silverstein • Aug. 24, 2023 -
Trendline
Top 5 stories from Grocery Dive
Top stories from Grocery Dive 2023/2024
By Grocery Dive staff -
The Fresh Market set to scale store fleet by 14% over 2 years
The specialty grocery chain plans to add 22 locations under majority owner Cencosud.
By Catherine Douglas Moran • Aug. 23, 2023 -
Generative AI is quickly capturing grocers’ imaginations, survey shows
More than 40% of top-level retail executives who participated in a June survey by Deloitte expect to use the technology for a business application this year, according to data released Wednesday.
By Sam Silverstein • Aug. 23, 2023 -
Dollar General opens first dual distribution center
The 1-million-square-foot facility in Blair, Nebraska, was designed around the company’s traditional and DG Fresh supply chain models and will ultimately serve more than 1,000 stores.
By Peyton Bigora • Aug. 22, 2023 -
Giant Food to close 3 e-commerce facilities
The grocery chain will shutter fulfillment centers in Maryland, Virginia and Delaware on Oct. 21 as it moves to a “localized fulfillment model,” a spokesperson said Monday.
By Sam Silverstein • Aug. 22, 2023 -
UFCW opposes Aldi’s plan to buy Winn-Dixie
Union President Marc Perrone said the proposed merger poses a threat to consumers and essential grocery workers and urged federal regulators to review the deal “critically.”
By Peyton Bigora • Aug. 22, 2023 -
Target adds baby, toddler offering to Good & Gather brand
The expansion of the 4-year-old private label comes as the food and beverage segment grows in importance for the retailer.
By Nate Delesline III • Aug. 21, 2023 -
Boxed acquired by MSG Distributors
The regional distributor of consumables and household products stated it will work to continue serving Boxed’s customers, vendors and brands.
By Peyton Bigora • Aug. 21, 2023 -
Wakefern, Simbe expand partnership
The announcement follows a successful pilot that saw the retailer-owned cooperative test the technology company’s Tally aisle-scanning robots in more than 20 stores.
By Peyton Bigora • Aug. 21, 2023 -
SpartanNash sees declining comps, surging earnings in Q2
The grocer’s results during the period were impacted by factors including rapidly declining inflation and reduced demand from Amazon, one of the company’s key wholesale customers.
By Sam Silverstein • Aug. 18, 2023 -
UNFI breaks ground on new distribution center
Located north of Sarasota, Florida, the 1-million-square-foot facility will replace an aging one.
By Peyton Bigora • Aug. 18, 2023 -
Column
The Friday Checkout: Publix comes under pressure with Aldi’s Southeast move
Publix has dominated its home state of Florida for years, but Aldi’s discount focus and expanding fleet will pose a major challenge for the beloved supermarket chain.
By Grocery Dive Staff • Aug. 18, 2023 -
Save Mart turns to Monopoly to bring shoppers to its stores
Shoppers will have the chance to win a range of prizes, including cash and merchandise, by participating in the CPG-funded marketing program, which began Wednesday and will run through Oct. 31.
By Sam Silverstein • Aug. 17, 2023 -
Walmart raises guidance after solid Q2
Consumers continue to rely on the retailer for groceries and other essentials but its CEO sees opportunity to drive discretionary buys.
By Nate Delesline III • Aug. 17, 2023 -
Column
Pardon the Disruption: 5 thoughts on Aldi’s massive acquisition
The discount grocer is gaining hundreds of stores in prime locations. But integrating those traditional supermarkets into its operations will be tricky.
By Jeff Wells • Aug. 17, 2023 -
State officials urge FTC to stop Kroger-Albertsons merger
In a Wednesday letter to Federal Trade Commission Chair Lina Khan, seven secretaries of state said the proposed deal would hurt shoppers, suppliers and workers.
By Sam Silverstein • Aug. 17, 2023 -
Target’s Q2 profits beat expectations despite soft sales
The retailer also acknowledged that controversy over its Pride month assortment affected performance.
By Nate Delesline III • Aug. 16, 2023 -
Aldi to acquire Winn-Dixie and Harveys Supermarket
The deal, which includes approximately 400 grocery stores across five Southeastern states, continues the discount grocer’s aggressive growth trajectory.
By Jeff Wells , Sam Silverstein • Aug. 16, 2023 -
Deep Dive
Good Food Holdings has a vision for the next generation of high-end grocery stores
The parent company of Bristol Farms and four other West Coast banners wants its stores to be connected, curated destinations. But it acknowledges that getting to that point won’t be easy.
By Catherine Douglas Moran • Aug. 15, 2023 -
Erewhon Market rolls out new app that improves prepared food ordering experience
The Los Angeles-area specialty grocer, which does about half its business in prepared foods and beverages, also now ships perishable items to shoppers outside its service area.
By Sam Silverstein • Aug. 15, 2023 -
Costco leads superstores in foot traffic growth, report finds
Foot traffic at Costco Wholesale locations rose nearly 5% in July compared with the same period a year ago as rival club retailers saw monthly visits decline, Placer.ai reported.
By Sam Silverstein • Aug. 14, 2023 -
Column
The Friday Checkout: Has the pandemic party ended for traditional grocers?
Ahold Delhaize, Kroger and Albertsons have all seen same-store sales growth rapidly tail off, underscoring the challenges the companies face as high inflation and the pandemic are becoming memories.
By Grocery Dive Staff • Aug. 11, 2023 -
How grocers have gotten creative with their sustainability efforts so far in 2023
Food retailers have deployed a variety of tactics this year, from rolling out upcycled private label products to introducing new recycling initiatives, as they look to become more eco-friendly.
By Catherine Douglas Moran • Aug. 10, 2023 -
Kroger pledges expanded employee resources if Albertsons merger gets approved
The grocer said it would extend its continuing education reimbursement and financial coaching programs to the combined companies’ more than 700,000 workers.
By Peyton Bigora • Aug. 10, 2023