Corporate Operations: Page 41
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Postponement of Albertsons’ $4B dividend extended to December
The legal battle over whether the grocer can make the shareholder payout now goes to a hearing early next month, and the payment remains blocked until then.
By Catherine Douglas Moran • Nov. 17, 2022 -
Grocery sales rise 8% in October
Spending increased at food retailers at the fastest rate since July on an annual basis, and rose compared with the previous month at the quickest pace in 2022.
By Sam Silverstein • Nov. 16, 2022 -
Trendline
Top 5 stories from Grocery Dive
Top stories from Grocery Dive 2023/2024
By Grocery Dive staff -
Giant Food links with prepaid debit card program to tackle food insecurity
With the tie-up, the Fresh Connect program is expanding to all of banner’s locations in Washington, D.C., and participants will be able to access free classes, consultations and resources offered by the grocer.
By Catherine Douglas Moran • Nov. 16, 2022 -
Ahold Delhaize USA CEO to step down
Kevin Holt plans to leave the post in April before retiring at the end of 2023, and the company will nominate JJ Fleeman, the company’s chief commercial and digital officer, to the top role.
By Jeff Wells , Sam Silverstein • Nov. 15, 2022 -
Foxtrot expands to Maryland with 23rd location
The store marks the chain’s fifth location in the greater Washington, D.C., area, and includes an assortment of local products and dining areas, including an outdoor patio.
By Jessica Loder • Nov. 14, 2022 -
Stop & Shop focuses on meal experiences in new TV spot
The latest installment in the grocery chain’s “Feed the Moment” campaign draws attention to its private label selection while also acknowledging inflationary pressures.
By Sam Silverstein • Nov. 14, 2022 -
Column
The Friday Checkout: Falling inflation could pose challenges for grocers
Reasonable upward pressure on prices can be beneficial for supermarket operators, so an extended trend toward slowing inflation could eventually become a headwind for the industry.
By Grocery Dive Staff • Nov. 11, 2022 -
Washington court extends pause on Albertsons’ $4B dividend: Reuters
The fight over whether the grocer can make the shareholder payout now goes to a hearing on Nov. 17, and the payment remains blocked until then.
By Catherine Douglas Moran • Nov. 11, 2022 -
NGA welcomes FTC’s renewed crackdown on unfair competition
The grocery trade association has demanded for months that regulators and members of Congress address anti-competitive practices.
By Catherine Douglas Moran • Nov. 11, 2022 -
Ahold Delhaize posts strong Q3 results as Stop & Shop moves ahead
The grocery company saw same-store sales in the U.S. rise by 8.2%, but earnings were hurt by its decision in August to scale back operations at its FreshDirect e-grocery service.
By Sam Silverstein • Nov. 10, 2022 -
Target pivots to larger stores with new 150K-square-foot format
The new concept is 20,000 square feet larger than the company average, with more space for pickup services, fulfillment and an expanded merchandise assortment.
By Ben Unglesbee • Nov. 10, 2022 -
Albertsons notches win in fight over $4B dividend
A federal district court has denied a restraining order request by the attorneys general of California, Illinois and Washington, D.C., against the grocery company’s investor payout, which was originally slated for Nov. 7.
By Catherine Douglas Moran • Nov. 9, 2022 -
Grocery Outlet names new CEO
President RJ Sheedy will take on the top role as Eric Lindberg transitions to chairman of the discounter’s board.
By Catherine Douglas Moran • Nov. 8, 2022 -
Trader Joe’s accused of bad faith bargaining by union
Trader Joe’s United filed unfair labor practice charges with the National Labor Relations Board claiming the grocer has refused to bargain in “good faith.”
By Catherine Douglas Moran • Nov. 8, 2022 -
SpartanNash to cut banners as it looks to sharpen its image
The grocery distributor and retailer plans to consolidate its fleet of about 150 stores under its Family Fare, Supermercado, Martin’s and D&W banners, company executives said during its inaugural investor day.
By Sam Silverstein • Nov. 8, 2022 -
Sprouts expands emerging product sourcing across store fleet
Supplier platform Pod Foods said it is building on the success of its launch at roughly 130 of the specialty grocer’s stores earlier this year.
By Catherine Douglas Moran • Nov. 8, 2022 -
Opinion // Kroger-Albertsons merger
How regional grocers can leverage the Kroger-Albertsons merger to fuel growth
The combined mega-grocer would pose a significant threat — but there are ways for smaller chains to pivot and pick up valuable resources, write David Ritter and Conor Gaffney with Alvarez & Marsal.
By David Ritter and Conor Gaffney • Nov. 7, 2022 -
National Grocers Association offers food traceability solution
In a partnership with ReposiTrak, the trade group is waiving the $2,000 setup fee for its members to access a network where suppliers, wholesalers and retailers share data.
By Catherine Douglas Moran • Nov. 7, 2022 -
Grocers shed positions in October as job market remains solid
The loss of 2,700 positions last month came after the industry added roles during each of the previous four months, according to preliminary figures published Friday by the U.S. Bureau of Labor Statistics.
By Sam Silverstein • Nov. 7, 2022 -
Homeland Grocery Stores name Walmart, Amazon veteran as new president and CEO
David Criscione, who helped launch Amazon’s physical stores, is taking over an Oklahoma-based chain that runs 78 grocery stores in four states.
By Sam Silverstein • Nov. 4, 2022 -
Column
The Friday Checkout: Observations on Chicago’s transforming grocery landscape
The proposed Kroger-Albertsons merger is drawing fresh attention to the city's competitive grocery market, which is filled with local grocers and entrepreneurs aiming to stand out.
By Grocery Dive Staff • Nov. 4, 2022 -
Albertsons’ special dividend halted by Washington court
The $4 billion payout was set to take place Monday, but will now await a hearing next Thursday to determine whether it can happen.
By Jeff Wells • Nov. 4, 2022 -
How Dom’s Kitchen & Market is addressing 5 grocery trends
From weaving customer data into the fabric of its business to owning e-commerce, the Chicagoland grocery startup is looking to stay ahead of key industry developments.
By Catherine Douglas Moran • Nov. 3, 2022 -
State AGs sue to stop Albertsons’ $4B dividend
The payout would weaken the grocer as it looks to merge with Kroger, officials of California, Illinois, Washington and Washington, D.C., claimed in a pair of lawsuits.
By Sam Silverstein • Nov. 3, 2022 -
Walmart adds new health clinics in Florida
The 16 new locations will open by next fall, the retail giant announced last week.
By Rebecca Pifer • Nov. 2, 2022