Corporate Operations: Page 25
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Courtesy of Kroger
ColumnThe Friday Checkout: Kroger’s CFO left for a rival. What does that say about its merger with Albertsons?
Gary Millerchip jumped suddenly to Costco even as the blockbuster deal he helped engineer remains up in the air.
By Grocery Dive Staff • Feb. 9, 2024 -
Courtesy of Misfits Market
Misfits Market branches into third-party fulfillment
The e-grocer is offering other retailers a range of logistics capabilities, including storing and delivering products, through a newly launched service.
By Sam Silverstein • Feb. 9, 2024 -
Explore the Trendline➔
Sam Silverstein/Grocery Dive
TrendlineGrocery loyalty
Food retailers are depending on techniques designed to build and maintain connections with customers as they strive to stand out.
By Grocery Dive staff -
Sam Silverstein/Grocery Dive
Ahold Delhaize sells two meat plants to Cargill
The grocery chain said it elected to transfer ownership of the facilities to the meat processor to “increase our focus on being leading omnichannel retailers.”
By Sam Silverstein • Feb. 8, 2024 -
Courtesy of Schnucks
How Schnucks is embracing retail media to stand out as a regional grocer
The company is stepping up its efforts to connect CPGs with its shoppers to be “more competitive in our marketplace versus the Walmarts of the world,” Vice President of Marketing Jenn Freeman said in an interview.
By Sam Silverstein • Feb. 7, 2024 -
Courtesy of Divert Inc.
FMI backs proposed national food waste strategy
In written comments, the trade group offered recommendations to the three agencies behind the Draft National Strategy for Reducing Food Loss and Waste and Recycling Organics.
By Peyton Bigora • Feb. 7, 2024 -
Retrieved from Island Pacific on February 06, 2024
Island Pacific names new CEO
Maite Defensor is assuming the top post at the West Coast Filipino grocer from founder Niño Jefferson Lim.
By Sam Silverstein • Feb. 6, 2024 -
Kaarin Vembar/Grocery Dive
Costco taps former Kroger finance chief to serve as CFO
In February the club retailer said Gary Millerchip would take over from nearly 40-year veteran Richard Galanti.
By Catherine Douglas Moran • Feb. 6, 2024 -
Courtesy of Kroger
Kroger CFO steps down
The grocery company has tapped Todd Foley, group vice president, corporate controller and chief accounting officer, as interim CFO.
By Catherine Douglas Moran • Updated Feb. 6, 2024 -
Brandon Bell via Getty Images
Biden administration presses grocers to lower prices
A White House analysis shows that grocers have maintained their profit margins even as other types of retailers have reported lower margins, The New York Times reported last Thursday.
By Sam Silverstein • Feb. 5, 2024 -
Permission granted by Raley's
The Raley’s Companies reportedly cuts 47 jobs
The company is also cutting 38 unfilled administrative support positions, according to Phoenix Business Journal.
By Catherine Douglas Moran • Updated Feb. 6, 2024 -
Courtesy of Kroger
Plant supplier sues Kroger over stolen, mishandled inventory
Theut’s Flower Barn alleges the grocer caused $5 million in missing goods.
By Ben Unglesbee • Feb. 2, 2024 -
Lynne Marek/Grocery Dive
Aldi debuts automated checkout tech at Chicago-area store
The retailer is working with artificial intelligence startup Grabango to offer the service for the first time in the U.S. at a location in the Chicago suburb of Aurora, Illinois.
By Sam Silverstein , Lynne Marek • Feb. 2, 2024 -
Courtesy of PCC Community Markets
PCC Community Markets reaches contract deal with union
Workers for the Seattle grocery cooperative will vote on the deal, which the union said includes the “largest wage increases ever at PCC,” on Tuesday.
By Sam Silverstein • Feb. 1, 2024 -
Permission granted by Walmart
Walmart announces 3-for-1 stock split
The retailer said the move, the 12th in its history, will keep share purchase prices within reach for associates.
By Nate Delesline III • Jan. 31, 2024 -
Scott Olson via Getty Images
Walmart announces ambitious 5-year growth plan
The retailer aims to build or convert more than 150 locations by 2029 and remodel 650 stores during the next 12 months.
By Peyton Bigora • Jan. 31, 2024 -
Jeff Wells/Grocery Dive
Hy-Vee adds patient and employer clinic to health portfolio
The regional grocer is now a joint owner of Exemplar Care, which has clinics in Iowa offering primary and urgent care services to individuals and employer groups.
By Peyton Bigora • Jan. 31, 2024 -
Sam Silverstein/Grocery Dive
Dollar General now sells fresh produce at more than 5K stores
The discounter is also deploying AI-based produce-ordering technology from Shelf Engine and plans to bring the platform to about 3,000 stores by the end of fiscal year 2023.
By Sam Silverstein • Jan. 31, 2024 -
Scott Olson via Getty Images
With new stock grants, Walmart store manager pay could exceed $400K
The annual stock grants vary by store format. At Supercenters, it amounts to $20,000.
By Nate Delesline III • Jan. 30, 2024 -
Sam Silverstein/Grocery Dive
Suit alleges that Instacart misled investors ahead of IPO
The complaint claims that investors lost money by buying the company’s stock in its first days of trading because it overstated its prospects and downplayed risks it faces.
By Sam Silverstein • Jan. 30, 2024 -
Retrieved from Big Y Foods.
Big Y names new top executives
The supermarket chain’s appointments this month include a new president and CEO as well as a new chief operating officer.
By Catherine Douglas Moran • Jan. 29, 2024 -
Courtesy of FreshDirect
Getir names new CEO at FreshDirect
The rapid delivery firm has also appointed a CEO of its U.S. Group, which includes the New York City e-grocer as well as its core business.
By Catherine Douglas Moran • Jan. 29, 2024 -
Courtesy of Kroger
Kroger sets new produce supplier goal
The grocer is requiring its fresh produce suppliers to use Integrated Pest Management practices by the end of the decade to help create a more sustainable supply chain.
By Catherine Douglas Moran • Jan. 29, 2024 -
Retrieved from Fresco y Más on January 26, 2024
Southeastern Grocers completes sale of Fresco y Más
The divestiture is linked to a broader plan the grocery company announced last summer to ultimately exit the supermarket business.
By Sam Silverstein • Jan. 26, 2024 -
Jeff Wells/Grocery Dive
Column
The Friday Checkout: Regionals show off commanding market share presence
While Kroger, Albertsons and Ahold Delhaize dominate the coasts, regional and local grocers are drawing customers into stores across the middle of the country, data shows.
By Grocery Dive Staff • Jan. 26, 2024 -
Jessica Dumont/Grocery Dive
Grocery Outlet names first chief operations officer
The grocer has chosen Ramesh Chikkala, a former Walmart executive, to fill the role as it deepens its focus on supply chain and business technology.
By Catherine Douglas Moran • Jan. 25, 2024
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