If the buzz among nervous Farm Fresh employees is any indication, something dramatic is about to happen at the grocer, and given the region’s crowded grocery landscape, two things seem possible: stores are going to be sold or closed. Frustrated employees who endured layoffs last year have been largely kept in the dark about what […]
Category: Recommended Reading
Recommended: Kohl’s To Sublet Space To Aldi
Kohl’s said Thursday it would bring discount grocer Aldi into as many as 10 stores later this year in a pilot test, as the retailer aims to scale down its real estate footprint and leverage space for others. CNBC reported in January that Kohl’s would be working with grocers and convenience stores to lease space […]
Recommended: Amazon Plans To Open As Many As Six More Go Stores This Year
Amazon’s much-heralded convenience store of the future, Amazon Go, may seem like a crazy experiment. But the company plans to open as many as six more of these storefronts this year, multiple people familiar with the company’s plans have told Recode. Some of the new high-tech stores are likely to open in Amazon’s hometown of […]
Recommended: Winn-Dixie Reportedly Planning To Close Almost 200 Locations
A regional supermarket chain is reportedly planning to close up to 200 shops as its parent company prepares to file for bankruptcy. Bi-Lo LLC, the parent company of Winn-Dixie, is preparing a potential bankruptcy filing as soon as next month, people with knowledge of the situation told Bloomberg. Winn-Dixie will shutter close to 200 locations […]
Recommended: California’s Proposition 47—Crime And No Consequences
California’s Proposition 47 downgraded a variety of “non-serious, nonviolent crimes” that had previously been considered felonies to misdemeanors. These include shoplifting, grand theft, receiving stolen property, forgery, fraud, and writing bad checks. As long as the total value of the stolen property is under $950, only a ghost of an offense has occurred. A thief […]
Recommended: Casey’s Explores Buying Kroger C-Stores Valued At $2B
Casey’s General Stores, under pressure from activist investor JCP Investment Management, has submitted an initial bid for Kroger’s roughly $2 billion convenience-store business, sources familiar with the situation tell CNBC. JCP Investment Management in January called for the Ankeny, Iowa-based convenience store operator to explore strategic alternatives, including a potential sale. Buying Kroger’s convenience-store business […]
Recommended: To battle Amazon, Kroger Eyes Alibaba Alliance
Kroger may have found a way to counter Amazon. The country’s No. 1 supermarket chain is exploring an alliance with Jack Ma’s Alibaba — the China-based e-commerce giant, The Post has learned. Alibaba is similar to Amazon in that it operates supermarkets that use Amazon Go-like technology that allows cashier-less stores. Senior Kroger executives met […]
Recommended: Wine And Liquor Sales On Sunday? Tennessee Lawmakers Are Trying To Make It Happen
Tennessee lawmakers are renewing a push to allow wine and liquor sales on Sunday, a move that could spur opposition from the state’s liquor retailers. The bill, sponsored by Rep. Gerald McCormick of Chattanooga, would align hours of liquor and wine sales with beer sales. Under current law, both grocery stores and liquor stores are not allowed […]
