Amazon’s much-heralded convenience store of the future, Amazon Go, may seem like a crazy experiment. But the company plans to open as many as six more of these storefronts this year, multiple people familiar with the company’s plans have told Recode. Some of the new high-tech stores are likely to open in Amazon’s hometown of […]
Category: Corporate Store News
Walmart Reports 23 Percent Increase In E-Commerce Sales In 4Q
Walmart U.S. this week released highlights from its fourth quarter and its fiscal year. In the fourth quarter, total revenue was $136.3 billion, an increase of $5.3 billion, or 4.1 percent. Excluding currency, total revenue was $135.1 billion, an increase of $4.1 billion, or 3.1 percent. Comp sales increased 2.6 percent, and comp traffic increased […]
Albertsons Cos. Merging With Rite Aid, Will Rebrand Store Pharmacies
Albertsons Cos. and drugstore chain Rite Aid Corp. have entered into a definitive merger agreement under which privately held Albertsons Cos. will merge with publicly traded Rite Aid. Current Rite Aid Chairman and CEO John Standley will become CEO of the combined company, with current Albertsons Cos. Chairman and CEO Bob Miller serving as chairman. […]
Peapod Expands Delivery For Giant Shoppers With New Wareroom
Peapod, in partnership with Giant Food Stores, plans to open a new wareroom adjacent to a Giant store in North Coventry, Pennsylvania. The investment comes as Peapod has experienced double-digit growth in the region for the last three consecutive years. Peapod anticipates the new wareroom will enable it to serve up to 25 percent more shoppers […]
Recommended: Winn-Dixie Reportedly Planning To Close Almost 200 Locations
A regional supermarket chain is reportedly planning to close up to 200 shops as its parent company prepares to file for bankruptcy. Bi-Lo LLC, the parent company of Winn-Dixie, is preparing a potential bankruptcy filing as soon as next month, people with knowledge of the situation told Bloomberg. Winn-Dixie will shutter close to 200 locations […]
Kroger’s Culinary Innovation Center Now Open In Downtown Cincy
The Kroger Co. has opened its new test kitchen and training facility in downtown Cincinnati, Ohio, called the Culinary Innovation Center. Among the benefits of the new center for Kroger is the ability to grow its Prep+Pared Meal Kits this year, in both flavors and footprint. Daniel Hammer, Kroger’s VP of culinary development and new […]
Giant Food Offering Free, Heart-Healthy Store Tours
During February, American Heart Month, Giant Food is encouraging customers to take a free, heart-healthy store tour at Giant locations in Maryland, Washington D.C., Delaware and Virginia. The tours are led by Giant Food’s in-store nutritionists and will point out items that affect heart health, such as fat and sodium, while also teaching tips and tricks for preparing […]
Trump Administration ‘Food Box’ SNAP Proposal Sparks Concern
The Trump Administration’s 2019 budget proposal calls for a change to the Supplemental Nutrition Assistance Program (SNAP) that would replace current benefits with a “USDA Foods package.” The food box would contain items like “shelf-stable milk, ready to eat cereals, pasta, peanut butter, beans and canned fruit and vegetables.” Food Marketing Institute (FMI) Chief Public […]
Food City Opens New Tennessee Store In Sevier County
Abingdon, Virginia-based Food City opened a new store in Sevier County, Tennessee, on Jan. 31. The 48,500-plus-s.f. supermarket, located at the intersection of Newport Highway and New Center Road, is the company’s sixth location in the area. “We’re excited to have the opportunity to add a new state-of-the-art Food City in Sevier County, where we […]
Kroger To Sell C-Store Business To U.K. Company For $2.15B
The Kroger Co. has entered into a definitive agreement for the sale of its c-store business unit to EG Group, a privately held c-store retailer based in Blackburn, Lancashire, U.K., for $2.15 billion. The companies expect to close the transaction during the first quarter of Kroger’s fiscal year. As part of the agreement, EG Group will establish its North American […]
Kroger Reaches $1 Billion In Annual Organic Produce Sales
The Kroger Co.’s organic produce business has achieved $1 billion in annual sales. “Kroger offers one of the largest organic produce departments in America, and we are proud to have led the way in making this category more mainstream, accessible and affordable,” said Robert Clark, Kroger’s SVP of merchandising. “We have a dedicated procurement team that partners with more […]
New Mass. Whole Foods Market Features In-Store Restaurant
Whole Foods Market opened the doors to a new store in the central Massachusetts town of Shrewsbury on Jan. 30. The new location offers a coffee bar and an in-store restaurant, “The Borgatti Bar.” The store is the first Massachusetts Whole Foods location to host an in-store restaurant. The Borgatti Bar, located on the second level […]
Kroger Expanding Scan, Bag, Go To 18 Divisions This Year
The Kroger Co. recently revealed plans to introduce its new Scan, Bag, Go shopping technology in 18 operating divisions, making the service available this year to customers at 400 stores. “With every new product, service and technology integration, Kroger is redefining the customer experience and reimagining the store of the future,” said Chris Hjelm, Kroger’s EVP […]
Amazon’s Treasure Truck Coming To Select Whole Foods Stores
Amazon’s Treasure Truck is popping up at various Whole Foods Market locations across the country with new offers and incentives. The Treasure Truck “handpicks new, trending, local or delicious items, loads them on the truck, and cruises around town spreading joy for everyone with a smartphone and an appetite for fun.” Yesterday, the Treasure Truck […]
Food Lion Opens New Wake Forest, North Carolina, Store
Food Lion is celebrating the grand opening of its newest North Carolina store, located at 161 Crenshaw Corners Drive, in Wake Forest, today. The new store will employ about 90 associates, creating approximately 25 new jobs in the Wake Forest community. The store opened to the public at 8:00 a.m., following a 7:45 a.m. ribbon-cutting […]
Kroger Promotes Two, Names First African-American Division Leader
The Kroger Co. has made two leadership promotions that it says will support its Restock Kroger plan. Steve McKinney, currently president of the Fry’s Food Stores division, has been promoted to SVP of retail divisions for the company, effective Feb. 5. Monica Garnes, currently corporate VP of produce-floral merchandising, will succeed McKinney as president of the Fry’s division. […]
Earth Fare Opens Eighth Florida Store In Lakewood Ranch
Earth Fare, a specialty organic and natural foods grocer, opened its newest location at 11525 State Road 70 E. in Lakewood Ranch, Florida, on Saturday. The grand opening celebration began with a ribbon cutting and a $3,000 donation made to Lakewood Ranch Community Services to fund local school gardens. Throughout the day, Earth Fare offered […]
Recommended: Casey’s Explores Buying Kroger C-Stores Valued At $2B
Casey’s General Stores, under pressure from activist investor JCP Investment Management, has submitted an initial bid for Kroger’s roughly $2 billion convenience-store business, sources familiar with the situation tell CNBC. JCP Investment Management in January called for the Ankeny, Iowa-based convenience store operator to explore strategic alternatives, including a potential sale. Buying Kroger’s convenience-store business […]
Target And Shipt Launching Same-Day Delivery In Alabama And Florida
Target, which recently acquired grocery delivery company Shipt, is preparing to roll out same-day delivery to its first markets—57 stores across Birmingham, Alabama, and South Florida. The service, offered through Shipt, will be available starting on Feb. 1. Consumers in those regions will be able to use Shipt’s online marketplace to browse participating local retailers’ aisles […]
Recommended: To battle Amazon, Kroger Eyes Alibaba Alliance
Kroger may have found a way to counter Amazon. The country’s No. 1 supermarket chain is exploring an alliance with Jack Ma’s Alibaba — the China-based e-commerce giant, The Post has learned. Alibaba is similar to Amazon in that it operates supermarkets that use Amazon Go-like technology that allows cashier-less stores. Senior Kroger executives met […]
