Smart & Final Stores Inc. has released its financial results for the fiscal fourth quarter and full year ended Dec. 31, 2017. Highlights of the report include: Net sales increase of 6.7 percent to $1.07 billion, driven by comparable store sales increase of 3.2 percent. Online options for both business and household customers, including delivery or in-store pickup […]
Category: Corporate Store News
Posted inNortheast, Corporate Store News, Grocery Industry
Ahold Delhaize Pleased With Strong 4Q, Synergy Efforts
With overall sales up 1.6 percent and the integration of Ahold and Delhaize completed, Ahold Delhaize reported a strong 2017 fourth quarter and further plans for 2018 announced by Dick Boer, CEO of Ahold Delhaize. “2017 was the first full year at Ahold Delhaize, one in which we substantially completed the integration,” Boer said. “We […]
Posted inOnline Grocery Technology, Amazon Fresh, Corporate Store News, Equipment & Technology, Grocery Industry, Home Page Latest News, National, Store News, Supply Chain News, Whole Foods
Walmart To Expand Grocery Delivery To 100+ Metro Areas This Year
Walmart plans to expand its grocery delivery service to more than 40 percent of U.S. households by the end of the year. Walmart Grocery Delivery, available today in six markets, will grow to serve more than 100 metro areas across the country. “We’re saving customers time by leveraging new technology, and connecting all the parts […]
Posted inOnline Grocery Technology, Corporate Store News, Equipment & Technology, Grocery Industry, Home Page Latest News, Midwest, Store News, Supply Chain News
Kroger Expanding Delivery Services With Instacart
The Kroger Co. is expanding its partnership with Instacart to increase its customer delivery coverage area in 2018. “As part of Restock Kroger, we are investing in redefining our customers’ grocery shopping experience by bringing online and offline seamlessly together,” said Yael Cosset, Kroger’s chief digital officer. “Having grown our digital sales in 2017 by 90 percent, we continue to […]
Posted inDeli News, Corporate Store News, Grocery Industry, Grocery News, Grocery Store Layout, Home Page Latest News, Midwest, Store News
Cub Store To Anchor Future Apartment Development In Minneapolis
Cub is planning to open a new 46,000-s.f. store located at 46th and Hiawatha Avenue in Minneapolis. Scheduled to open in the spring of 2019, the new urban grocery store will anchor a five-story, 148-unit apartment development by Excelsior-based Oppidan Investment Co. The store will cater to the Longfellow neighborhood, says Cub, and appeal to customers […]
Posted inFood Service News, Corporate Store News, Grocery Industry, Grocery Store Layout, Home Page Latest News, Southwest, Store News, Wholesaler/Distributor News
US Foods’ New Chef’Store Brings Wholesale Prices To Texas Shoppers
US Foods Holding Corp. yesterday celebrated the grand opening of its fifth Chef’Store, located in Farmers Branch, Texas. Chef’Store is a wholesale food and restaurant supply store designed as a one-stop shop for chefs, restaurant owners and other food industry professionals, but it is open to the public as well. The store features an assortment […]
Posted inCorporate Store News, Grocery Industry, Home Page Latest News, Midwest, Store News
Kroger Sales Up 12.4% In 4Q, Digital Sales Up 90% For The Year
The Kroger Co. is reporting net earnings of $0.96 per diluted share and identical supermarket sales, without fuel, of 1.5 percent in the fourth quarter of 2017, which ended on Feb. 3, 2018. Kroger’s fourth quarter adjusted net earnings per diluted share were $0.63. Fiscal 2017 net earnings were $2.09 per diluted share, and identical supermarket […]
Posted inOnline Grocery Technology, Amazon Fresh, Corporate Store News, Equipment & Technology, Grocery Industry, Home Page Latest News, Midwest, Store News, Supply Chain News, Whole Foods
Target Expanding Delivery Service Options, Increasing Starting Wages
Target Corp. is launching a number of initiatives aimed at accelerating its multi-year strategy, including expanding its fulfillment options and increasing its starting minimum wage to $12 in 2018. Free two-day shipping is now available on hundreds of thousands of items on Target.com when guests spend at least $35 or pay with a Target debit or credit card. In 2018, millions of additional […]