Food Lion is celebrating the grand opening of its newest North Carolina store, located at 161 Crenshaw Corners Drive, in Wake Forest, today. The new store will employ about 90 associates, creating approximately 25 new jobs in the Wake Forest community. The store opened to the public at 8:00 a.m., following a 7:45 a.m. ribbon-cutting […]
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Tyson Foods Invests In ‘Cultured Meat’ Startup Memphis Meats
“Clean meat” or “cultured meat” company Memphis Meats, which focuses on producing real meat directly from animal cells, without the need to raise or process animals, has received an investment from the venture capital arm of Tyson Foods Inc. Tyson Foods joins a number of other investors in Memphis Meats, including DFJ, Atomico, Cargill, Bill […]
Kroger Promotes Two, Names First African-American Division Leader
The Kroger Co. has made two leadership promotions that it says will support its Restock Kroger plan. Steve McKinney, currently president of the Fry’s Food Stores division, has been promoted to SVP of retail divisions for the company, effective Feb. 5. Monica Garnes, currently corporate VP of produce-floral merchandising, will succeed McKinney as president of the Fry’s division. […]
Earth Fare Opens Eighth Florida Store In Lakewood Ranch
Earth Fare, a specialty organic and natural foods grocer, opened its newest location at 11525 State Road 70 E. in Lakewood Ranch, Florida, on Saturday. The grand opening celebration began with a ribbon cutting and a $3,000 donation made to Lakewood Ranch Community Services to fund local school gardens. Throughout the day, Earth Fare offered […]
WinCo To Open Third Waremart This Week In Keizer, Oregon
Waremart by WinCo will open its doors at 5450 River Rd N in Keizer, Oregon, on Thursday, Feb. 1. This will be the third store in the chain to carry the Waremart name and WinCo Foods’ 119th store overall. “Keizer is the perfect kind of community for a store like this one,” said a WinCo Foods spokesperson. “Waremart by […]
Research: Retailers Must Take ‘Holistic Approach’ To Shopper Loyalty
According to survey results previewed at the Food Marketing Institute (FMI) Midwinter Executive Conference by FMI and analytics firm Precima, shoppers rated loyalty toward their primary grocery store quite high (4 out of 5). However, the reality may be different when looking at shoppers’ behavior: Three out of five shoppers would shop at one store if they […]
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 […]
Reasor’s Refocuses To Keep Up With Evolving Needs Of Shoppers
by Terrie Ellerbee/editor—Midwest and Southwest Several factors are driving change at Tahlequah, Oklahoma-based Reasor’s as it celebrates its 55th anniversary this year. Perhaps the most significant will be the ability to sell full-strength beer and wine beginning in October. For decades, Oklahoma grocery stores have only been allowed to offer beer that is 3.2 percent […]
