Law firm Bronstein, Gewirtz & Grossman LLC (BGG) is investigating potential claims on behalf of Weis Markets investors. The investigation concerns whether Weis and certain of its officers and/or directors violated federal securities laws. Weis officials declined to comment on the investigation. According to BGG, on Sept. 5 Spruce Point Capital Management published a report on Weis […]
Category: Corporate Store News
Posted inSupply Chain News, Corporate Store News, Grocery Industry, Home Page Latest News, Southeast, Store News
Walmart Opens Cocoa, Florida, Distribution Center
Walmart celebrated the grand opening of its new $145 million grocery distribution center in Cocoa, Florida in late August. Company officials were joined by the Economic Development Commission of Florida’s Space Coast (EDC) and community leaders, including Gov. Rick Scott, at the opening. The event was a celebration of a multi-year effort, supported by local […]
Posted inSupply Chain News, Corporate Store News, Grocery Industry, Home Page Latest News, Southeast, Store News
Walmart Investing $41M In New Kentucky E-Commerce Fulfillment Center
Walmart will invest $41 million and create 400 full-time jobs at a new facility in Bullitt County, Kentucky, dedicated to fulfilling online orders from Walmart.com and Walmart subsidiary Jet.com. “This new facility will soon be serving even more Walmart.com and Jet.com customers with fast shipping in two days or less, and we’re thrilled we found […]
Posted inPackaging News, Corporate Store News, Grocery Industry, Home Page Latest News, National, Store News, Sustainability News
Kroger To Phase Out Single-Use Plastic Bags By 2025
The Kroger Co. on Aug. 23 announced it will phase out single-use plastic bags and transition to reusable bags across its family of stores by 2025. Seattle-based QFC will be the company’s first retail division to phase out plastic bags, and Kroger expects QFC’s transition to be completed in 2019. “As part of our Zero Hunger […]
Posted inFood Service News, Corporate Store News, Home Page Latest News, Northeast, Store News
Feasterville Giant Features Beer & Wine Eatery, Pharmacy, Starbucks
Giant Food Stores has opened its new Feasterville, Pennsylvania, store at 176 W. Street Road. Nearly 65 additional full and part-time jobs have been created, bringing the total number of Feasterville Giant associates to 205. This store is part of a $70 million investment Giant announced earlier this year to grow its store network across […]
Posted in, Corporate Store News, Home Page Latest News, Southwest, Store News
Walmart’s 2Q Report Boasts Best Sales Growth In A Decade
Walmart U.S.’s second-quarter earnings report released Aug. 16 beat expectations as the retail giant’s comp sales increased 4.5 percent, the strongest growth in more than ten years led by the performance of grocery, apparel and seasonal. Strong comp sales were supported by traffic and ticket growth, with each exceeding 2 percent. Total revenue was $128.0 […]
Posted in, Corporate Store News, Home Page Latest News, Southeast, Store News
Atlanta Kroger Customers Raise $65K To Support Aflac Cancer Center
From July 26-29, Kroger customers and associates across metro Atlanta, Georgia, rounded up purchases to the nearest dollar, raising more than $65,403 to contribute to the WSB Care-a-Thon. All donations will be used to help fund family support services, research and the fellowship program at the Aflac Cancer Center located at Children’s Healthcare of Atlanta (CHOA). […]
Posted inOnline Grocery Technology, Corporate Store News, Equipment & Technology, Grocery Industry, Home Page Latest News, Store News, Supply Chain News, West
Kroger Begins Testing Driverless Delivery
The Kroger Co. and Nuro have selected Scottsdale, Arizona, as the city for their self-driving grocery delivery pilot, which kicked off Aug. 16. Earlier this summer, Kroger and Nuro, maker of driverless delivery vehicles, announced a partnership to begin testing grocery delivery using Nuro’s robots. Customers can place same-day delivery orders through Kroger’s ClickList ordering system or […]