Corporate Operations: Page 30
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Save Mart adds a retail media network as it looks to go toe to toe in tech with larger grocers
The retailer is also considering adding smart carts and more video screens to its stores, Senior Vice President and Chief Digital Officer Tamara Pattison said in an interview.
By Sam Silverstein • May 23, 2023 -
Albertsons names leader for SpinCo operation to pave way for merger clearance
Former Acme president Jim Perkins now leads planning for an entity that could oversee hundreds of stores that the grocer and Kroger agree to divest.
By Peyton Bigora • May 23, 2023 -
Trendline
Top 5 stories from Grocery Dive
Top stories from Grocery Dive 2023/2024
By Grocery Dive staff -
Save A Lot, Food 4 Less are the best-positioned grocers to serve SNAP shoppers, report finds
Dollar General, Winco and Grocery Outlet rounded out the top five grocers Dunnhumby concluded are most likely to serve financially stressed shoppers while also having reputations for offering low prices.
By Sam Silverstein • May 22, 2023 -
Albertsons names new executive vice president and general counsel
Tom Moriarty brings over 30 years of experience to the role and most recently was CVS Health’s executive vice president, chief policy and external affairs officer, and general counsel.
By Peyton Bigora • May 19, 2023 -
Column
The Friday Checkout: Walmart and Target tell a troubling story about US consumers
The retailers painted an unsettling portrait this week of the difficult circumstances many consumers are facing as they make daily decisions about how to keep their households running.
By Grocery Dive Staff • May 19, 2023 -
Walmart’s sales and profits surge as its grocery business gains market share
The company’s U.S. business recorded a 7.4% comps increase in Q1, and executives said they’re working to retain the many younger and higher-income shoppers that have flowed in recently.
By Sam Silverstein • May 18, 2023 -
Grocery spending loses momentum in April as inflation slows
Spending at grocery stores rose 3.7% in April compared with the same period last year — the slowest year-over-year pace since July 2021 — according to estimated data released Tuesday by the U.S. Census Bureau.
By Sam Silverstein • May 17, 2023 -
Blue Apron strikes $50M deal to transition to ‘asset-light’ model
The meal kit maker plans to transfer fulfillment centers, equipment, expertise and an undisclosed number of employees to FreshRealm, which supplies fresh meals to retailers.
By Sam Silverstein • May 16, 2023 -
Landlord sues Amazon over delayed Fresh opening in Philadelphia
Federal Realty Investment Trust, which filed the lawsuit in March, claims the retail giant “has intentionally refused to complete its work, commence operations or pay rent.”
By Peyton Bigora • May 16, 2023 -
Phasing out HFC refrigerants poses a major cost dilemma for grocers
Transitioning to new cooling systems that comply with federal and state laws can cost retailers $1 million or more per store. But delaying action could also be expensive, experts say.
By Catherine Douglas Moran • May 16, 2023 -
Trader Joe’s CEO Dan Bane announces retirement
Bryan Palbaum, the company’s current president and chief operations officer, will take over as chairman and CEO when Bane retires on July 2.
By Peyton Bigora , Sam Silverstein • May 15, 2023 -
Dollar Tree to lay off about 90 at corporate office
A WARN Notice indicates that people will be let go by June 23 from the discount retailer’s Chesapeake, Virginia, headquarters.
By Nate Delesline III • May 11, 2023 -
Dollar General boosts supply chain with new distribution centers
The addition of three new facilities expands storage and distribution capacity for the retailer.
By Ben Unglesbee • May 10, 2023 -
Amazon Fresh reportedly exiting Twin Cities stores as it reworks strategy
Six of the online retailer’s grocery chain locations that were set to open are now available for sublease, Axios reported Tuesday.
By Peyton Bigora • May 10, 2023 -
What does the buy now, pay later boom mean for food retailers?
The fact that more shoppers have been turning to short-term loans to buy groceries could signal a permanent shift in how people think about paying for essential goods, experts say.
By Sam Silverstein • May 10, 2023 -
Are health and wellness subscriptions the next frontier for grocers?
Hy-Vee and Amazon have recently ventured into memberships that bundle wellness services, and sources say other grocers will likely follow suit.
By Catherine Douglas Moran • May 9, 2023 -
Walmart taps company veteran as chief merchant
Latriece Watkins, who began at the retail giant as an intern two decades ago, replaces Charles Redfield, who left last month.
By Daphne Howland • May 9, 2023 -
Food Lion remodels 29 North Carolina stores
The Ahold Delhaize-owned grocery chain said it will hold ribbon-cuttings at 24 of the stores on Wednesday morning and plans to open five additional refreshed locations to the public “soon.”
By Sam Silverstein • May 9, 2023 -
Natural Grocers closing locations to drive ‘higher store productivity’
The specialty grocer said it is closing two locations in June due to underperformance.
By Catherine Douglas Moran • Updated May 8, 2023 -
The Fresh Market taps generative AI to boost video commerce
The grocer is working with Firework on a system that can automatically answer questions from viewers about shoppable videos and will begin testing the tech with customers early next month.
By Sam Silverstein • May 8, 2023 -
How grocery-owned c-stores are approaching loyalty
Companies like Hy-Vee, Giant Eagle and Kroger have enhanced their loyalty programs in recent years to drive traffic across their food and fuel offerings.
By Christine Blank • May 8, 2023 -
Column
The Friday Checkout: Print ads pose circular logic for grocers
Research has documented a shift by consumers away from print ads in favor of online ones. But is print really dead?
By Grocery Dive Staff • May 5, 2023 -
Kroger underscores commitment to workers, stores as it presses ahead with merger plan
The grocer will not close locations or lay off frontline workers in connection with its plan to acquire Albertsons, a spokesperson said, while the UFCW reportedly has decided to oppose the deal.
By Sam Silverstein • May 5, 2023 -
BJ’s names Bob Eddy as chairman
Eddy, who currently serves as president and CEO, will assume leadership of the membership retailer’s board in June.
By Sam Silverstein • May 5, 2023 -
Sprouts launches retail media platform
The specialty grocery chain is using the Instacart Ads platform as the foundation for the new service, which will allow CPGs to directly reach the retailer’s health-focused shoppers.
By Sam Silverstein • May 4, 2023