Corporate Operations: Page 52
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Not just Ocado: How Kroger is boosting store productivity for digital
During a business update Friday, executives said they see stores and automated facilities as two complementary parts in its evolving online fulfillment ecosystem.
By Jeff Wells • March 7, 2022 -
Meijer advances sustainability efforts with solar power project
The Midwestern retailer has signed a renewable energy purchase agreement that will remove more than 100,000 metric tons of carbon dioxide from its operations.
By Catherine Douglas Moran • March 7, 2022 -
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Top 5 stories from Grocery Dive
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By Grocery Dive staff -
Amazon to close bookstores, 4-star shops and shift focus to its grocery stores
The e-commerce giant said its brick-and-mortar strategy will now center on its Amazon Fresh, Whole Foods Market, Amazon Go, Amazon Style stores and Just Walk Out technology.
By Kaarin Moore • March 3, 2022 -
Kroger's stock price soars after Q4 results and 2022 guidance beat projections
The grocer's better-than-expected comps and earnings guidance raised its stock price to its highest level in more than a year and indicated it still has plenty of room to grow in 2022.
By Jeff Wells • March 3, 2022 -
Instacart unveils $1M program to support women-owned food companies
Starting in April, eligible CPGs will receive free credits they can redeem throughout 2022 to promote their products on Instacart's online marketplace.
By Sam Silverstein • March 3, 2022 -
Whole Foods has launched a local and emerging brands incubator. Here's what's next.
The grocer is seeking brands for its first cohort and later this year plans to launch a second cohort for existing suppliers who want to expand, said Will Betts, vice president of local merchandising.
By Catherine Douglas Moran • March 3, 2022 -
HelloFresh's sales decelerate as it looks to ready-to-eat meals for growth
The meal kit company boosted its active customer count in the U.S. by 35% in Q4, down from the 46% clip it recorded during the same period in 2020.
By Sam Silverstein • March 2, 2022 -
Publix boosts capital budget for 2022
The Southeastern chain expects to spend $2 billion this year on new stores and other projects, a 55% increase over the nearly $1.3 billion it invested in 2021.
By Jeff Wells • March 2, 2022 -
Target rides traffic boost to 19th straight quarter of growth
CEO Brian Cornell said that rises in comparable sales and other strong performance numbers were "proof our strategy is working."
By Ben Unglesbee • March 1, 2022 -
Albertsons could sell off underperforming banners, analyst says
As the supermarket chain announced its intention to weigh "strategic alternatives," Arun Sundaram with CFRA Research said selling off stores would help it better compete in omnichannel retailing.
By Sam Silverstein • March 1, 2022 -
Target's new hourly wage will soon be as much as $24
The mass merchant, whose starting rate has been $15 for the past two years, will invest up to $300 million for pay and benefit expansions.
By Daphne Howland • Feb. 28, 2022 -
Consumers believe inflation is significantly higher than it actually is, survey finds
Inflation has overtaken the pandemic as a top concern, and shoppers said Walmart offers the best value for their money, according to Dunnhumby's Consumer Pulse Survey.
By Sam Silverstein • Feb. 28, 2022 -
Sprouts sees comp sales improve and makes executive changes
The specialty grocer appointed Nicholas Konat, former director of food merchandise planning at Target, as president and chief operating officer, and disclosed that Gil Phipps is no longer serving as chief marketing officer.
By Sam Silverstein • Feb. 25, 2022 -
Grubhub links with Buyk on convenience delivery
Buyk will manage order fulfillment and delivery under the arrangement, which will bring more than 2,000 products from local and national suppliers as well as its own private label items to Grubhub's online marketplace.
By Sam Silverstein • Feb. 23, 2022 -
Dom's Kitchen & Market plans second Chicago location
The grocery startup, established by a team that includes Bob Mariano, founder of Kroger-owned chain Mariano's, hopes to have 15 stores open by 2025.
By Sam Silverstein • Feb. 22, 2022 -
Weee taps former Ahold USA CEO James McCann for its board
The e-grocer also welcomed Vivek Subramanian of venture capital firm Goodwater Capital as a director and named Rudy Darmawan, a former Amazon software developer, as senior vice president of engineering.
By Catherine Douglas Moran • Feb. 17, 2022 -
Sales rise at Ahold Delhaize but slower growth looms in 2022
The company posted strong Q4 sales but said supply chain woes, inflation and other factors will make it harder to maintain its recent pace. "It is a pretty challenging environment out there," its chief financial officer said Wednesday.
By Sam Silverstein • Feb. 16, 2022 -
Grocers have work to do on sustainability, survey shows
Consumers are wary of green-washing and only 6% said they believe supermarkets are doing all they can to be environmentally friendly, according to new findings from Retail Insight.
By Catherine Douglas Moran • Feb. 16, 2022 -
Gopuff names new head of international business
Bryan Batista, who was previously CEO of Rentalcars.com, will spearhead the instant delivery company's growth in key markets like London and Paris.
By Jeff Wells • Feb. 11, 2022 -
Save A Lot finishes conversion to wholesale model
The discount food retailer said it will hold onto 18 locations in its home market of St. Louis to test "new innovations and programs."
By Sam Silverstein • Feb. 11, 2022 -
DoorDash puts down roots in same-day flower delivery
The e-commerce company's new vertical initially includes more than 3,000 local and national florists and marks another step beyond foodservice.
By Alicia Kelso • Feb. 10, 2022 -
Grocers set to lose momentum as pandemic fades
Overall growth in the U.S. grocery market is expected to slow to a 3.3% annual rate in 2022, down from 4.5% last year, but e-commerce sales are poised to gain steam, according to Coresight Research.
By Sam Silverstein • Feb. 10, 2022 -
Ahold Delhaize's US logistics arm signs diversity and inclusion pledge
ADUSA Supply Chain has joined more than 2,000 other businesses in working on the actions outlined in the CEO Action for Diversity & Inclusion commitment.
By Catherine Douglas Moran • Feb. 10, 2022 -
Kroger taps Smith's president as new SVP of retail divisions
Kenny Kimball will take over the role after Mark Tuffin retires on April 1.
By Jeff Wells • Feb. 9, 2022 -
Empty shelves sapped retailers of $82B in CPG sales last year
Lost revenue opportunities peaked during the fall, when surging COVID-19 infections depressed on-shelf availability and pushed unrealized sales to $1.7 billion per week, according to data from NielsenIQ.
By Sam Silverstein • Feb. 9, 2022