According to a Bloomberg report Sunday, Albertsons Cos. is in preliminary discussions to merge with organic grocer Sprouts Farmers Market. The report cites “people with knowledge of the matter.” Representatives of the companies have not commented. A deal would take Phoenix, Arizona-based Sprouts private. Albertsons, backed by Cerberus Capital Management, is among the largest grocery […]
Category: Corporate Store News
Dollar General’s Chief Merchandising Officer Retiring
Dollar General’s James “Jim” W. Thorpe, EVP and chief merchandising officer, will retire on April 15. “Jim’s strong understanding of our core customer and passion for our business have been instrumental in driving innovation in our merchandising initiatives,” said Dollar General CEO Todd Vasos. “When Jim rejoined the company in 2015, we agreed upon a […]
Whole Foods’ New Tuna Sourcing Policy Includes Grocery, Prepared Food Items
By January 2018, all canned tuna sold at Whole Foods Market will meet rigorous sustainability and traceability requirements that aim to reduce overfishing and bycatch, and support fishing communities, according to the Austin, Texas-based grocery chain. The new sourcing policy includes canned tuna items sold in the grocery aisle as well as the prepared foods […]
Publix Posts 4Q And Annual Increases
Publix’s sales for the fourth quarter of 2016, a 14-week period, were $9.1 billion, an 11.1 percent increase from the previous year’s $8.2 billion, a 13-week period. The additional week in the fourth quarter of 2016 increased sales by 7.4 percent. Comparable-store sales for the fourth quarter of 2016 increased 2.2 percent. Net earnings for […]
Kroger’s 50-Plus Consecutive Quarters Of ID Sales Growth Ends
The Kroger Co.’s record 52 consecutive quarters of positive identical supermarket sales, excluding fuel, has ended as, on Thursday, the Cincinnati-based grocery chain reported that ID sales, without fuel, were down 0.7 percent in the fourth quarter of 2016, which ended Jan. 28. The company reported net earnings of $0.53 per diluted share for the […]
Harmons CFO Dies At 56, Services To Be Held Thursday
Mr. John Ward, executive board member and CFO for Harmons Grocery Stores of Utah, passed away unexpectedly Feb. 22. He was 56. Funeral services will be held Thursday, March 2. “In his 17 years of service to Harmons, John’s dedication and commitment have played an integral part in the company’s success and growth,” said Harmons […]
Kroger’s Virginia Dairy Manufactures Sustainable Milk Jug
A dairy in Virginia is the first in the Kroger organization to roll out a new lightweight gallon milk jug that the company says helps sustain the environment. Kroger’s Westover Dairy in Lynchburg has manufactured 6.2 million gallon jugs since September for milk, water, juice and tea products and is distributing them to 92 Kroger […]
Safeway Community Markets To Open In California March 1
Safeway will introduce shoppers in the Northern California towns of Berkeley, Los Altos and San Anselmo to its new Safeway Community Markets banner on Wednesday, March 1. This banner is being used on former Andronico’s Markets stores, which Safeway purchased in early November last year. Safeway purchased five stores; four are being reopened under the […]
