The Kroger Co.’s new style brand, Dip, is rolling out nationwide to 300 Fred Meyer and Marketplace format stores. “Dip creates a new experience for our customers, focusing on a thoughtfully designed and curated collection that is simple, stylish and affordable,” said Christina Groth, Kroger’s VP of general merchandise. “During the product development process, we were intentional […]
Category: Corporate Store News
FDA Sharpens Enforcement On Youth E-Cigarette Sales
The U.S. Food and Drug Administration (FDA) has stepped up a series of enforcement actions related to the sale and marketing of e-cigarettes to youth. On Sept. 12, the agency announced it had issued more than 1,300 warning letters and civil money penalty complaints (fines) to retailers who illegally sold Juul and other e-cigarette products to […]
Rouses Makes Calcasieu Parish, La., Debut With Sulphur Store
Rouses Markets opened its first store in Calcasieu Parish, Louisiana, on Sept. 12, marking the retailer’s 57th location. Customers were lined up outside the store at 800 Carlyss Boulevard in Sulphur long before doors opened at 7 a.m. Donny Rouse, CEO, personally greeted customers as they entered. Opening-day festivities included a ribbon-cutting ceremony with the mayor […]
Kroger Net Earnings Top $500 Million In 2Q
The Kroger Co. is reporting net earnings of $508 million, or $0.62 per diluted share, for the second quarter of 2018, which ended on Aug. 18. Kroger’s second quarter adjusted net earnings were $336 million, or $0.41 per diluted share. Net earnings for the second quarter of 2017 were $353 million, or $0.39 per diluted […]
Law Firm Investigating Weis Markets’ Financial Reports
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 […]
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 […]
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 […]
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 […]
