Corporate Operations: Page 50
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DoorDash kicks off its inaugural local goods accelerator
The program's first cohort includes more than 40 businesses run by entrepreneurs from underrepresented backgrounds who will have the opportunity to list products on the company's DashMart service.
By Catherine Douglas Moran • May 13, 2022 -
Instacart's Road to IPO
Instacart files confidentially for IPO
The announcement is a long-awaited step for the San Francisco-based company, which did not disclose further details on its potential offering.
By Catherine Douglas Moran , Jeff Wells • May 12, 2022 -
Trendline
Retail media
Grocers of all sizes are continuing to test the bounds of digital retail media capabilities through the launch of new capabilities and third-party partnerships.
By Grocery Dive staff -
Dollar Tree taps former Dollar General execs for help with supply chain, merchandising
The hires join new executive chair Richard Dreiling as the latest appointments with experience at the dollar store's faster-growing rival.
By Ben Unglesbee • May 12, 2022 -
Stop & Shop a sore spot in otherwise solid earnings report for Ahold Delhaize
The retailer disclosed that the Northeast banner lost market share between Q4 2019 and Q4 2021, which executives chalked up to a slowdown in its remodeling program due to the pandemic.
By Jeff Wells • Updated May 12, 2022 -
Jokr diversifying revenue with launch of own retail media platform
Jokr Media, which is live in the U.S. and five Latin American countries, is a "major strategic focus" for the rapid delivery firm as it focuses on profitability, said Benedict Counsell, vice president of onsite and Jokr Media.
By Catherine Douglas Moran • May 12, 2022 -
SpartanNash inks delivery and distribution deal with DoorDash
Under the agreement, DoorDash will become a delivery option for the grocery company's stores and independent retail clients, while SpartanNash will begin supplying DashMart online convenience stores.
By Jeff Wells • May 10, 2022 -
Foot traffic slows at grocery stores as inflation takes hold, report says
Overall visits declined in February compared with the same month in 2019, ending a 10-month streak of rising foot traffic, according to Placer.ai.
By Sam Silverstein • May 5, 2022 -
Target focuses on customer experience, supply chain in latest leadership shuffle
The mass merchant is operating from a position of strength, but is also likely realizing it must look harder for growth opportunities.
By Daphne Howland • May 5, 2022 -
Publix sees sales and earnings rise in Q1
The Florida-based supermarket chain recorded a comparable store sales increase of 11.7% for the first quarter of 2022 on a year-over-year basis, as revenue for the period rose 13.5% to $13.2 billion.
By Sam Silverstein • May 3, 2022 -
Weis Markets unveils $150M expansion and upgrade plan
The mid-Atlantic grocer wants to develop four new locations, expand an existing one and remodel five others, President and CEO Jonathan Weis said at the company’s annual shareholders meeting.
By Sam Silverstein • May 2, 2022 -
Aldi commits to getting rid of plastic shopping bags
The retailer has eliminated the bags from nearly 500 stores and aims to fully remove them from its 2,200 U.S. locations by the end of next year, CEO Jason Hart said in a public letter to customers.
By Catherine Douglas Moran • April 29, 2022 -
Hy-Vee looks to cut 500 corporate jobs as industry pressures rise
The grocer is also pausing several projects and reevaluating its planned stores as it tries to cut costs and plow more money into price savings.
By Jeff Wells • April 29, 2022 -
HelloFresh passes 1B euros in US quarterly revenue for the first time
The German meal kit company expanded its active customer base in the U.S. by more than 15% during the first quarter, to 4.25 million, but saw profitability decline.
By Sam Silverstein • April 29, 2022 -
Wegmans to open first store on Long Island
The grocery chain plans to occupy a 100,000-square-foot location at the DSW Plaza in Lake Grove, New York, as it grows its footprint in and around New York City.
By Catherine Douglas Moran • April 26, 2022 -
SpartanNash expands specialty and local food selection for independents
The grocery distributor and retailer has developed a new ordering and payment platform through a strategic partnership with technology firm Specialty Food Partners.
By Sam Silverstein • April 26, 2022 -
Deep Dive
Personalized health programs are coming to grocery stores
Advancements in medical and digital technology are allowing retailers to offer services that strengthen the connection between food and health for consumers.
By Jeff Wells • April 25, 2022 -
How grocers can overcome sustainability hurdles
Aaron Daly, former energy management director at Whole Foods and now principal at the Ratio Institute, outlines how food retailers can advance their climate action and share their progress as investors clamor for transparency.
By Catherine Douglas Moran • April 22, 2022 -
Save A Lot links meal deals and fuel prices in latest promotion
With inflation rising along with fuel prices, the discounter is promoting 10 meals that each cost less than 2 gallons of gasoline.
By Jeff Wells • April 21, 2022 -
SpartanNash adds new VPs as it continues executive overhaul
Peter Anjorin has assumed the position of vice president of strategy and business development, while Yu Ying Seah was named vice president of IT global applications.
By Sam Silverstein • April 21, 2022 -
Q&A
Albertsons unveils ESG framework, sets new sustainability targets
Suzanne Long, the company's head of sustainability and transformation, talked about how the grocery chain aims to hit new goals like a 47% reduction in carbon emissions by 2030, and detailed the challenges ahead.
By Catherine Douglas Moran • April 20, 2022 -
SpartanNash urges shareholders to repel activist investors
Electing director nominees proposed by Macellum Advisors and Ancora Holdings Group would "distract the Company from its current path," the grocer said in a Monday letter to shareholders.
By Sam Silverstein • April 19, 2022 -
Sam's Club outlines new sustainability efforts for its Member's Mark line
The club retailer is looking to remove or replace dozens of ingredients from the private label line, which will also receive an updated logo and design to further highlight the brand's planet-friendly efforts.
By Catherine Douglas Moran • April 19, 2022 -
Wegmans will soon say 'goodbye' to single-use plastic bags chainwide
The grocery chain, which has already eliminated the bags at more than half of its stores, plans to fully do away with them across all of its locations by the end of this year.
By Catherine Douglas Moran • April 18, 2022 -
Gopuff taps former Amazon executive to oversee North American business
Maria Renz, who helped launch Amazon’s grocery business and mostly recently served as an executive vice president at SoFi, will oversee Gopuff’s strategy and execution in the U.S.
By Jeff Wells • April 14, 2022 -
How online grocers are ramping food waste reduction efforts
Getir has teamed with tech provider Copia on finding nonprofits to donate surplus food to, while Farmstead is reminding customers which items from their order to consume first.
By Catherine Douglas Moran • April 14, 2022