Corporate Operations: Page 44
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Hy-Vee invites scrutiny with decision to divide executive power
The grocer’s abrupt announcement that it will have two chief executives instead of one raises questions about what’s going on behind the scenes, according to one corporate law and governance expert.
By Sam Silverstein • Aug. 30, 2022 -
FreshDirect becomes the latest e-grocer to pare back service area
The company announced that it will discontinue service in the Philadelphia and Washington, D.C., markets.
By Jeff Wells • Aug. 29, 2022 -
Trendline
Top 5 stories from Grocery Dive
Top stories from Grocery Dive 2023/2024
By Grocery Dive staff -
Stop & Shop rolls out new savings initiative
The grocer’s Deal Lock program extends savings on select items from national and store brands for a couple of weeks at a time.
By Catherine Douglas Moran • Aug. 29, 2022 -
Food City set to acquire local grocer in Tennessee
Cooke’s Food Store/Fresh n’ Low is the company’s newest acquisition, giving it six new locations as well as a full-service pharmacy.
By Peyton Bigora • Aug. 26, 2022 -
Dollar General looks to its name as it positions for growth
The $1 price point was among the chain’s fastest-growing subcategories during the second quarter, with shopper interest in items at that level increasing as the period progressed.
By Sam Silverstein • Aug. 26, 2022 -
Food inflation powers strong Q2 results for dollar stores
Dollar General and Dollar Tree are both benefiting from fast-rising food prices that have driven consumers to discount retailers.
By Sam Silverstein • Aug. 25, 2022 -
The Giant Company President Nicholas Bertram will leave the retailer next week
Bertram, who held the top role for more than four years, will be replaced by Chief Commercial Officer John Ruane, who will serve on an interim basis.
By Jeff Wells • Aug. 24, 2022 -
Kroger opens two new spoke e-commerce centers
The delivery facility in Nashville, Tennessee, will serve as a cross-dock for orders prepared at a hub near Atlanta while the facility in the Chicago area will interface with its hub in Pleasant Prairie, Wisconsin.
By Sam Silverstein • Aug. 24, 2022 -
UNFI brings condiments to its growing private brands portfolio
The grocery distributor and retailer has added three sauces, which have suggested retail prices ranging from $4.99 to $5.49, to its Woodstock line of organic products.
By Catherine Douglas Moran • Aug. 23, 2022 -
Wakefern heightens its focus on prepared foods
The cooperative has brought its “Fresh to Table” store-within-a-store concept to five ShopRite stores operated by RoNetco Supermarkets.
By Sam Silverstein • Aug. 23, 2022 -
H-E-B to host its largest career fair yet
The Texas grocer is hoping to fill full- and part-time store-level roles at all of its existing locations under the H-E-B, Central Market and Mi Tienda banners.
By Peyton Bigora • Aug. 22, 2022 -
Column
The Friday Checkout: ‘Union Square’ takes on new significance as Trader Joe’s labor saga expands
The UFCW has accused the grocer of “union busting” for closing a New York City wine store as workers there discussed plans to try to unionize.
By Grocery Dive Staff • Aug. 19, 2022 -
SpartanNash raises projections for 2022 as inflation fills its sails in Q2
The grocery distributor and supermarket operator now predicts comparable sales growth for the year will fall between 4% and 7%, up from the 1%-to-3% range it previously expected.
By Sam Silverstein • Aug. 19, 2022 -
BJ’s records rising comp sales in Q2 as gas prices lure shoppers
The membership retailer saw 7.6% year-over-year growth in comparable store sales, excluding gasoline, with the grocery and perishable categories leading the way.
By Sam Silverstein • Aug. 18, 2022 -
Family-owned grocery chain rebranding to The Fresh Grocer
The Pennsylvania-based supermarket chain, Gerrity’s, has already transitioned one of its 10 stores to the new name.
By Peyton Bigora • Aug. 18, 2022 -
Buc-ee’s announces store in Missouri, will expand West in 2024
The c-store chain, known for its massive stores and variety of food options, will offer full-time benefits like 401(k) matching and three weeks of vacation to workers at the upcoming 53,000-square-foot location.
By Brett Dworski • Aug. 17, 2022 -
Hy-Vee names new CEO of retail operations
Jeremy Gosch will assume the role Oct. 1 and serve alongside Aaron Wiese, who is becoming CEO and president of Hy-Vee’s subsidiaries and supply chain.
By Peyton Bigora • Aug. 17, 2022 -
HelloFresh’s US revenue surges, but customer growth continues to lose momentum
The German meal kit company’s active user count in the country rose in Q2 at the slowest pace since 2020 even as revenue grew 21.6%.
By Sam Silverstein • Aug. 16, 2022 -
4 ways retailers are boosting their private brands
As out-of-stocks and inflation have pushed shoppers toward store brands, sources say grocers are focusing on a few key areas to keep the sales momentum going.
By Catherine Douglas Moran • Aug. 15, 2022 -
Trader Joe’s workers in Minneapolis vote overwhelmingly to unionize
Fifty-five workers at the store cast votes in favor of joining Trader Joe’s United, while five voted against unionizing, according to the National Labor Relations Board.
By Sam Silverstein • Aug. 15, 2022 -
Gopuff taps Panera exec as new CFO
The co-CEOs of the ultrafast delivery firm said Ted Stedem's expertise in finance and operations will help the company as it enters its next phase.
By Brett Dworski • Aug. 15, 2022 -
Column
The Friday Checkout: Inflation may have hit a high point, but groceries don’t seem to have noticed
Food costs are soaring even as gas prices decline, casting a spotlight on supermarkets as the economy plods ahead.
By Grocery Dive Staff • Aug. 12, 2022 -
BP plans to maximize East Coast footprint with NY c-store opening
California-based Ampm debuted in the Big Apple, with a grocery section of fruit, dry goods and a bakery, as well as a hot deli.
By Brett Dworski • Aug. 12, 2022 -
Column
Pardon the Disruption: Why grocery chains are outperforming expectations amid inflation
Earnings reports from Albertsons, Ahold Delhaize and Publix show consumers still value the supermarket format despite record-high food prices. Can companies keep the momentum going long term?
By Jeff Wells • Aug. 11, 2022 -
Inflation, at-home eating lift Grocery Outlet’s Q2 comp sales
The discounter saw comparable store sales increase 11.2% year-over-year and net sales jump 15.7% to $897.7 million.
By Catherine Douglas Moran • Aug. 10, 2022