by Mary Margaret Stewart / staff writer While FMI has tracked trends in food and grocery shopping for decades, its 2020 U.S. Grocery Shopper Trends report shows the early impact of COVID-19 pandemic, rapidly shifting eating and cooking priorities due to the culture-wide constraints. Following the release of the report, FMI held a webinar […]
Category: Nonfood Items
Albertsons Cos. Commits $5 Million To Social Justice
Albertsons Cos. is making a $5 million donation to social justice organizations as well as those on the front line of the fight for equality. “Racial justice and equality cannot be achieved by people returning to the status quo. We must intentionally open a door to lasting change across our country,” said President and CEO Vivek Sankaran. […]
Walmart Expands Affordable Education Program For Associates
Walmart built one of the largest employer-based educational benefits programs in the U.S. in two years, Live Better U (LBU), and the company recently announced an expansion to include in-demand skilled trade and digital skills programs, beyond its traditional college programs. And over the past few months, Walmart has committed to invest almost $1 billion […]
SEG Encourages Customers To Prepare For Active Hurricane Season
Jacksonville, Florida-based Southeastern Grocers Inc. (SEG), parent company and home of BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is encouraging customers to begin preparations for what is proving to be an active hurricane season in the Atlantic. Customers should begin to stock up on vital items including a three-day supply of water […]
SOUTHEAST: Food Lion To Acquire 62 Stores Across Carolinas, Georgia, From SEG
Food Lion says it will acquire 62 BI-LO/Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers. “We are so excited to add these new locations to our more than 630 stores across Georgia and the Carolinas,” said Food Lion President Meg Ham. “We’ve been serving customers in these larger regions for […]
Albertsons Cos. Announces $1.75B Preferred Equity Investment
Boise, Idaho-based Albertsons Cos. Inc. says that funds managed by affiliates of Apollo Global Management Inc. have led the purchase of $1.75 billion of convertible preferred stock of Albertsons Cos. Following a repurchase of a portion of the common stock owned by the company’s current shareholders, on an as-converted basis the preferred stock will represent […]
April Retail Sales Drop Nearly Twice As Much As March During Pandemic
National Retail Federation (NRF) reports that retail sales dropped almost twice as much during April as they did in March, as the nation’s economy saw its first full month when most businesses were closed because of the coronavirus pandemic. “As predicted, retail sales were bad in April and lower than in March,” NRF Chief Economist […]
Grocery Outlet Holding Corp. Releases Q1 Fiscal 2020 Financial Results
Grocery Outlet Holding Corp., based in Emeryville, California, has announced its financial results for the first quarter of fiscal 2020, ended March 28. Net sales increased by 25.4 percent to $760.3 million from $606.3 million in the first quarter of fiscal 2019; comparable store sales increased by 17.4 percent compared to a 4.2 percent increase […]
