Sprouts Farmers Market has signed a tax credit transfer agreement with Schneider Electric, U.S. Bank and Longroad Energy to help finance the Sun Pond Solar + Battery Energy Storage System project in Maricopa County, Arizona, where the grocer is headquartered. The 111 MWdc solar and 85 MWac / 340 MWh storage project is operational. It […]
Category: Corporate Store News
Posted inIndependent Store News, Corporate Store News, Featured News, Grocery Research, National, News
Study Finds 81% Of Americans Open To Switching Grocery Brands
Loyalty in the grocery aisle is softening, according to a new national study from Reach3 Insights that found 81 percent of Americans are open to trying new brands – a signal that routine, habit-driven CPG purchases are giving way to more deliberate in-store decision-making. The study, “Rethinking Routine: What’s Really Happening in the Grocery Aisle,” […]
Posted inCorporate Store News, Aldi, Featured News, News, Northeast
Aldi Prepping For Entrance Into 40th State
Aldi will open its first Maine location on March 26 at 1100 Brighton Ave. in Portland, marking the German discount grocer’s entry into its 40th state. A ribbon-cutting ceremony is scheduled for 8:45 a.m., followed by grand opening festivities. To mark the opening, Aldi will donate $10,000 to the Good Shepherd Food Bank to support […]
Posted inCorporate Store News, Featured News, News, Southeast, Southwest
Sprouts Farmers Market Opens 3 New Stores In FL, TX
Sprouts Farmers Market opened three new stores in late February and early March, adding two Florida locations and one in Texas. The first store opened Feb. 27 at 1591 N. Williamson Blvd. in Daytona Beach, Florida. That was followed by two locations on March 6 – one at 3420 South U.S. Hwy. 27 in Clermont, […]
Posted inCorporate Store News, Featured News, News, Southwest
The United Family, Mrs Baird’s Honor 12 TX Teachers
The United Family and Mrs Baird’s Bread named 12 educators across Texas as December and January winners of their Teachers on the Rise programs, recognizing outstanding educators in the South Plains and North Texas regions. South Plains: United Supermarkets’ 15th Year The Lubbock-area program, now in its 15th year, has received more than 800 nominations […]
Posted inCorporate Store News, Featured News, National, News
Target Commits $5B To Stores, Plans 300 New Locations By 2035
Target Corp. (NYSE: TGT) unveiled a multi-year growth strategy this week that includes a $5 billion capital investment plan for 2026, more than 30 new store openings this year and a goal of 300 additional locations by 2035. The announcements, made at a financial community meeting March 3 and followed by a store investment release […]
Posted inCorporate Store News, Featured News, News, Southwest
The United Family Opens First Albertsons Market In Lovington, NM
The United Family held a ribbon-cutting ceremony March 5 for a 50,000-square-foot Albertsons Market in Lovington, New Mexico, the company’s first location in the community. The store features a full pharmacy with drive-thru, meat service counter with fresh seafood, extensive beer, wine and spirits selection, full-service bakery with custom creations and a floral department offering delivery. […]
Posted inCorporate Store News, Featured News, Finance News, News, West
Grocery Outlet To Close 36 Stores Due To $224.9M Net Loss In Fiscal 2025
Grocery Outlet Holding Corp. (NASDAQ: GO) reported a net loss of $224.9 million for fiscal 2025, a dramatic swing from the $39.5 million net profit posted the prior year, as the retailer absorbed $149 million in goodwill impairment charges, $113.8 million in non-cash asset impairment and $45.9 million in restructuring costs. Despite those headline losses, […]