Corporate Operations: Page 4
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Spencer Platt via Getty Images
ILA strike, Hurricane Helene will strain food supply chain, FMI says
The strike “has the potential to disrupt the long-term stability of markets and commodities,” FMI President and CEO Leslie G. Sarasin said.
By Catherine Douglas Moran • Oct. 2, 2024 -
Peyton Bigora/Grocery Dive
UNFI posts net sales increase, unveils 3-year financial recovery plan
The company will focus on “controllable variables” to improve financial results and will cut back on capital investments next year, CEO Sandy Douglas said.
By Peyton Bigora • Oct. 1, 2024 -
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Permission granted by Robert Sanchez
TrendlineTop 5 stories from Grocery Dive
Top stories from Grocery Dive 2023/2024
By Grocery Dive staff -
Joe Raedle via Getty Images
Costco CFO targets lower prices amid ‘effectively flat’ inflation
Costco lowered prices on a number of its grocery store brand items as high food prices have become a hot-button issue in the presidential election.
By Maura Webber Sadovi • Sept. 30, 2024 -
Catherine Douglas Moran/Grocery Dive
‘Not a banana’: Ahold Delhaize USA, Giant Eagle talk retail media strategies
Running an advertising arm is very different from selling groceries, grocery executives said during a virtual event hosted by Grocery Dive and Marketing Dive last week.
By Catherine Douglas Moran • Sept. 30, 2024 -
Courtesy of SpartanNash
SpartanNash dials up its tech talent efforts
More than 300 of the company’s workers participated this week in its first IT Training Palooza.
By Catherine Douglas Moran • Sept. 27, 2024 -
Brandon Bell via Getty Images
Kroger launches ‘mega-sales event’ as Albertsons deal hangs in the balance
The retailer is running “Customer Appreciation Week” at the same time as a federal judge prepares to rule on regulators’ request to stop its proposed merger with Albertsons.
By Sam Silverstein • Sept. 26, 2024 -
Jeff Wells/Grocery Dive
Amazon Fresh breaks the 50-store mark
A flurry of new openings from the supermarket chain indicates it believes it’s finally hit on a scalable approach for its grocery stores.
By Sam Silverstein • Sept. 25, 2024 -
Courtesy of Caroline Medeiros
Stop & Shop announces new president
Roger Wheeler, a top official of Ahold Delhaize USA, will take over leadership of the struggling Northeastern grocery chain Monday.
By Sam Silverstein , Jeff Wells • Updated Sept. 24, 2024 -
Courtesy of Stop & Shop
Stop & Shop brews a new private label coffee brand
The Ahold Delhaize-owned chain is introducing the value-priced Taste of Inspirations line as it works to strengthen its image and boost its performance.
By Sam Silverstein • Sept. 24, 2024 -
Courtesy of Weis Markets
Weis Markets buys 2 supermarkets
The Mid-Atlantic grocer plans to convert the stores it is acquiring from Sunnyway Foods to its own banner.
By Sam Silverstein • Sept. 24, 2024 -
Courtesy of Aldi
Aldi plans to reach net-zero emissions targets by 2050
The grocer’s parent company said it will focus on refining various operations, including product sourcing and refrigeration, to achieve its goal.
By Sam Silverstein • Sept. 23, 2024 -
Permission granted by Choice Market
Choice Market quietly went bankrupt this summer. Here’s how it’s moving forward.
The retailer shuttered all of its c-stores in May and plans to focus on its automated Mini Mart locations if its financing gets approved, CEO Mike Fogarty said.
By Brett Dworski • Sept. 23, 2024 -
Sam Silverstein/Grocery Dive
Target names PepsiCo executive Jim Lee CFO
He replaces Michael Fiddelke, who had served jointly as COO and CFO since February. Fiddelke will stay on as operations chief.
By Nate Delesline III • Sept. 20, 2024 -
Bruce Bennett via Getty Images
Village Super Market CEO to step down
Robert Sumas, a longtime veteran of the company, will depart from his leadership role effective Dec. 13 and John J. Sumas will take over.
By Peyton Bigora • Sept. 20, 2024 -
Courtesy of Tip Top Proper Cocktails
Why a small cocktails maker is looking to Trader Joe’s for growth
The retailer decided to bring drinks from Tip Top Proper Cocktails to some stores despite its heavy focus on private labels.
By Sam Silverstein • Updated Sept. 20, 2024 -
Sam Silverstein/Grocery Dive
Walmart’s major grocery moves so far in 2024
From in-store restaurant tie-ups to a new private label, the retailer has ramped up its efforts to stand out as a food destination.
By Catherine Douglas Moran • Sept. 19, 2024 -
Jeff Wells/Grocery Dive
Inside closing arguments from the FTC’s challenge to Kroger-Albertsons merger
The federal agency’s attorneys highlighted how the deal would impact local communities while the grocers’ lawyers said the agency was out of touch with the realities the industry and shoppers face.
By Jeff Wells • Sept. 18, 2024 -
Courtesy of Sam's Club
Sam’s Club bumps starting wage to $16, accelerates increases for front-line workers
Employees’ average hourly rate will be around $19 — a figure that has increased nearly 30% in the past five years, the company said.
By Caroline Colvin • Sept. 18, 2024 -
Peyton Bigora/Grocery Dive
Key takeaways from the industry’s first in-store retail media standardizations
IAB’s newly published set of definitions and measurement standards aims to improve transparency and consistency.
By Peyton Bigora • Sept. 18, 2024 -
Jeff Wells
PCC to open small-format store in Seattle
The new location will occupy part of the space the Seattle-based grocery co-op used for a full-service store that closed in January.
By Sam Silverstein • Sept. 17, 2024 -
Courtesy of Albertsons
Closing arguments in FTC’s case against Kroger-Albertsons merger set for Tuesday
As the three-week-long trial winds down, another legal proceeding over the deal is getting started in Washington state.
By Jeff Wells • Sept. 17, 2024 -
Sam Silverstein/Grocery Dive
ColumnThe Friday Checkout: Could Tesco become an e-commerce provider for US grocers?
The U.K. supermarket company is providing its grocery-picking gear to a New Zealand food co-op and has reportedly held talks with other retailers.
By Grocery Dive Staff • Sept. 13, 2024 -
Courtesy of SpartanNash
Confusion persists with food traceability rule as compliance date nears
From reporting metrics to how the FDA investigation process works, several major questions loom for industries impacted by the rule, a new report found.
By Catherine Douglas Moran • Sept. 13, 2024 -
Courtesy of Instacart
Instacart focuses on diversifying tech, brand partners to fuel growth
The company is expanding its advertising base to include emerging brands and growing its retail partnerships by providing more services, CEO Fidji Simo said at a conference.
By Catherine Douglas Moran • Sept. 12, 2024 -
Courtesy of Publix
Publix expands plans for Kentucky stores
The grocery chain has executed a lease in Elizabethtown — its 12th planned location in the Bluegrass State.
By Catherine Douglas Moran • Sept. 11, 2024
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