The Kroger Co. shared that its board of directors has approved an incremental $2 billion share repurchase authorization, expanding the company’s capacity to return capital to shareholders through buybacks. The new authorization supplements the previously announced $7.5 billion repurchase program from December 2024. With the additional funding, Kroger has about $2.9 billion available under its […]
Category: Corporate Store News
Posted inCorporate Store News, Albertsons, News, West
Albertsons Opens Applications For Innovation Launchpad Competition
Albertsons Cos. has opened submissions for its fourth annual Innovation Launchpad Competition, inviting emerging food, beverage and pet brands to apply for the chance to bring new products to market and connect with the retailer’s merchandising teams. The annual program – which debuted in 2022 – is designed to spotlight early-stage brands and help them […]
Posted inCorporate Store News, Independent Store News, National, News
Acosta Group, Muscular Dystrophy Association Mark 40 Years Of Partnership
Acosta Group and the Muscular Dystrophy Association (MDA) are celebrating 40 years of collaboration that have united consumer brands, grocery retailers and community supporters to raise more than $102 million in support of research, care and advocacy for people living with neuromuscular diseases. The milestone aligns with the 75th anniversary of MDA, a nonprofit dedicated […]
Posted inCorporate Store News, News, Southeast
Southeastern Grocers Delivers More Than $368K For Holiday Hunger Relief
Southeastern Grocers, parent company of Harveys Supermarket and Winn-Dixie, has delivered more than $368,000 in monetary and product donations through its holiday hunger-relief initiatives. The total includes a contribution of $180,000 to Feeding America, generated through SEG’s in-store community donation programs, and more than $188,000 in product provided to food pantries through the grocer’s holiday […]
Posted inCorporate Store News, News, Northeast, Whole Foods
Whole Foods Market Daily Shop Opens In Hoboken, NJ
Whole Foods Market opened the fifth location of its smaller format store concept, Whole Foods Market Daily Shop, Dec. 18 at 101 Washington St. in Hoboken, New Jersey. The 4,851-square-foot location features more than 350 items from the Northeast, each meeting Whole Foods Market’s quality standards. “Opening our first store in Hoboken is an exciting […]
Posted inCorporate Store News, Food Lion, News, Southeast
Food Lion Feeds Donates 28M Meals To Local Families
Food Lion Feeds, Food Lion’s hunger-relief platform, donated nearly 28 million meals to communities during the “Holidays Without Hunger” campaign, which ran Nov. 5-Dec. 9 in support of Feeding America. “Holidays Without Hunger” also supports 33 local Feeding America partner food banks and hundreds of partner agencies throughout Food Lion’s 10-state operating area. Since it […]
Posted inCorporate Store News, National, News, Whole Foods
Mill, Amazon Partner On Food Waste Technology For Whole Foods Market
Amazon and Mill Industries Inc. are partnering to bring food waste conversion technology to Whole Foods Market stores, marking the grocery industry’s first on-site solution of its kind. Starting in 2027, fruit and vegetable scraps from back-of-house operations will be processed by Mill Commercial, the company’s automated, high-capacity food recycling infrastructure, and converted into a […]
Posted inIndependent Store News, Affiliated Foods, Corporate Store News, National, News
Food Industry Accelerates Traceability Ahead Of FSMA 204 Deadline
The push for traceability is being driven by market forces rather than federal timelines, according to ReposiTrak. During a recent MorningNewsBeat interview, ReposiTrak Chairman and CEO Randy Fields and Affiliated Foods Inc. Amarillo President and CEO Randy Arceneaux discussed how retailers and wholesalers are accelerating traceability implementation well ahead of the FDA’s FSMA 204 enforcement date, which […]