The Latest
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Natural Grocers CFO to retire
The specialty grocer’s stock price has more than quadrupled since Todd Dissinger took over as finance chief in 2018.
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Gen Z, millennials are driving membership growth at Sam’s Club
Walmart CFO John David Rainey said the digital experience at the club retailer resonates with that cohort.
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Instacart aims to make deliveries smoother for its workers
The grocery technology company has added features including a drop-off option for delivery orders that customers don’t immediately collect.
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Column
The Friday Checkout: Are grocers tackling convenience the wrong way?
“I do think there’s a very huge difference between not wanting to be inconvenienced versus prioritizing convenience,” Ethan Chernofsky of Placer.ai said during a virtual event.
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Kroger raises its dividend at a slower rate, shareholders reject living wage proposal
The grocer’s board boosted the quarterly payout to shareholders by 10% — less than half the pace in 2022, when Kroger increased its dividend by 24%.
Updated July 1, 2024 -
The Save Mart Companies acquired by Canadian conglomerate
The Jim Pattison Group has purchased the West Coast supermarket company, which was owned by a private equity firm for two years.
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Ahold Delhaize USA’s retail media arm links with ad sales platform
The new partnership aims to streamline sales, advertising and finance operations to better serve CPG clients.
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How Stop & Shop has evolved its store remodeling strategy over the last 6 years
The grocer’s renovation initiative has slowed but is still playing a role in Ahold Delhaize’s efforts to revitalize the struggling chain.
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Albertsons, Fresh Thyme execs talk grocery consumers’ changing behaviors
Where shoppers are fulfilling their meal needs “looks really, really different than it did a few years ago,” Lisa Kinney of Albertsons said during a virtual event.
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Walgreens to close ‘significant’ number of US stores
The company is reviewing about 25% of its 8,700 domestic stores, with profitability and level of shrink factoring into which locations stay open.
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Do retailers need active assailant insurance?
Stores and shopping centers are increasingly vulnerable to the death and destruction caused by mass shooters in the U.S.
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Albertsons enters e-commerce partnership with Grubhub
The restaurant delivery company is providing delivery service in as little as an hour from nearly 1,800 of the grocer’s stores under a deal announced Tuesday.
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Price Chopper picks up Instacart’s smart carts
The grocery technology company has also deployed its Caper Carts with an independent grocer in the Kansas City, Missouri, area.
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Shipt starts accepting SNAP benefits
Customers who participate in the program can now use their benefits to pay for delivery orders from Meijer and Target and can also get a Shipt membership at a discount.
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Target names new head of grocery merchandising amid C-suite reshuffle
Current CMO Lisa Roath will become chief merchandising officer of food, essentials and beauty early next year.
Updated June 25, 2024 -
Q&A
Mondelēz, Ahold Delhaize CEOs discuss how businesses can be better stewards of the planet
Dirk Van de Put and Frans Muller are co-chairs of The Consumer Goods Forum, a group of nearly 400 global companies taking on issues such as deforestation, human rights and food waste.
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Grocery prices are becoming easier for shoppers to handle, Biden administration says
A White House analysis found declining inflation and rising wages have combined to make it easier for the typical U.S. consumer to afford to buy enough food for a week.
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Amazon reignites Amazon Fresh store growth with 2nd New Jersey location
The newly opened Eatontown supermarket brings the chain’s total store count to 42.
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Weis Markets will pay $75K to settle EEOC lawsuit alleging it failed to stop sexual harassment
The grocery store chain must also address disability discrimination, after allegedly forcing the harassed employee to participate in an employee assistance program.
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Dollar General names new chief marketing officer
Tony Rogers, who is joining the discount chain from Signet Jewelers, previously held multiple senior-level roles at Walmart.
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Kroger’s sales inch forward as it stays focused on merging with Albertsons
The grocer’s same-store and overall sales were both ahead by less than 1% in Q1 as the company recorded a “solid start” to the year, said Chairman and CEO Rodney McMullen.
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Smart & Final warehouse workers strike over working conditions
The grocery chain said the labor action at two California facilities did not impede its operations and called the Teamsters’ claim that 600 workers took part “wildly inaccurate.”
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Target to roll out generative AI chatbot for store employees
The new tool, dubbed Store Companion, is designed to answer on-the-job process questions and support store operations.
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Column
The Friday Checkout: Cooking up meals to take on restaurants
Kroger is expanding its ready-to-eat and ready-to-heat offerings to give customers restaurant quality at a fraction of the cost, the grocer’s CEO said.
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Giant Food brings on company veteran as chief merchant
Tonya Herring, a former senior executive of the mid-Atlantic grocery chain who left for Peapod Digital Labs, will oversee all of the retailer’s merchandising strategy and execution.