Walmart said today that it will buy e-commerce company Jet.com for approximately $3 billion in cash, a portion of which will be paid over time. Additionally, $300 million of Walmart shares will be paid over time as part of the transaction. The acquisition will build on and complement the significant foundation already in place to […]
Category: Corporate Store News
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Supervalu Says It Continues To Prepare For Possible Save-A-Lot Spinoff
Supervalu reaffirmed Tuesday that it is preparing for a separation of its Save-A-Lot business. As part of that process, the Minneapolis-based company has pursued and continues to pursue a spinoff of Save-A-Lot. Supervalu says, however, that it is prepared to consider other alternatives to improve stockholder value and, in this regard, also is evaluating a […]
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Bashas’ Appoints New Director Of Communications And Public Affairs
Chandler, Arizona-based Bashas’ Family of Stores, the family-owned grocer that operates Food City, AJ’s Fine Foods, Eddie’s Country Store and both Bashas’ and Bashas’ Diné supermarkets, has appointed Ashley Shick director of communications and public affairs. A seasoned communications professional whose career has been rooted in media and public relations, strategic community partnerships, marketing communications […]
Posted in, Corporate Store News, Health & Wellness, Home Page Latest News, Store News, West
Raley’s Expands Health And Wellness Offering With ‘Let’s Begin’ Resource
Raley’s Family of Fine Stores has launched a new, multi-dimensional effort to share its vision of health and wellness with customers. The campaign entitled, “Let’s Begin,” invites customers to take small steps toward a healthier lifestyle through education, personal goal setting and sharing. “We want to change the way the world eats, one plate at […]
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Hy-Vee Promotes Two To EVP
Hy-Vee has promoted two senior leaders—Jeremy Gosch and Donna Tweeten—to EVP; they join only six others selected to help guide the regional supermarket chain based in West Des Moines, Iowa. Gosch, formerly SVP and chief merchandising officer, was named EVP of strategy and chief merchandising officer. Tweeten, formerly SVP and chief marketing officer, was promoted […]
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Southeastern Grocers Makes Record Donation To Hope For The Warriors
For the second consecutive year, customer and vendor donations and all profits earned at Bi-Lo, Harveys and Winn-Dixie grocery stores on Independence Day were donated to support veterans and service members. This year, Southeastern Grocers donated a new record of $2,022,843.45. This year, Jacksonville, Florida-based Southeastern Grocers partnered with Hope For The Warriors, which is […]
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Publix Reports 2Q Results
Publix’s sales for the second quarter of 2016 were $8.1 billion, a 2.1 percent increase from last year’s $8 billion. Comparable-store sales for the second quarter of 2016 increased 1.1 percent. The company estimates that sales were negatively impacted by 1.2 percent due to the effect of the Easter holiday being in the first quarter […]
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Dollar General Completes Buy Of 41 Walmart Express Locations
Dollar General said July 27 that it had completed its purchase of 41 former Walmart Express locations in 11 states. Goodlettsville, Tennessee-based Dollar General anticipates relocating 40 existing Dollar Generals into the purchased sites by October 2016 and entering one new market—Coal Hill, Arkansas—as part of the purchase. Terms of the transaction were not disclosed. […]