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 […]
Category: Home Page Latest News
Posted inGrocery Store Layout, Amazon Fresh, Bonus Content, Grocery Industry, Home Page Latest News, Independent Store News, Market Profile, Southwest, Store News, Whole Foods
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 […]
Posted inAssociation News, Executive News, Home Page Latest News, National
FMI Honors Three With Leadership Awards At Midwinter Exec Conference
The Food Marketing Institute (FMI) honored three industry executives with leadership awards at its Midwinter Executive Conference. FMI President and CEO Leslie G. Sarasin presented the awards to individuals who “share a legacy of achievement in trade relations, entrepreneurial spirit and statesmanship.” “Our industry is rooted in a commitment to people and communities. It shines […]
Posted inGrocery News, Beverage News, Center Store, Home Page Latest News, Suppliers
KDP Will Be Formed By Merger of Keurig, Dr Pepper Snapple
Dr Pepper Snapple Group (DPS) and Keurig Green Mountain announced a merger agreement on Jan. 29. The new company will be Keurig Dr Pepper (KDP). A completed merger would create a company comprising beverage brands Dr Pepper, 7UP, Snapple, A&W, Mott’s, Sunkist and Green Mountain Coffee Roasters; the Keurig single-serve coffee system; and more than […]
Posted inOnline Grocery Technology, Corporate Store News, Equipment & Technology, Grocery Industry, Home Page Latest News, Southeast, Store News, Supply Chain News
Target And Shipt Launching Same-Day Delivery In Alabama And Florida
Target, which recently acquired grocery delivery company Shipt, is preparing to roll out same-day delivery to its first markets—57 stores across Birmingham, Alabama, and South Florida. The service, offered through Shipt, will be available starting on Feb. 1. Consumers in those regions will be able to use Shipt’s online marketplace to browse participating local retailers’ aisles […]
Posted inMidwest, Executive News, Grocery Industry, Home Page Latest News, Independent Store News
Buehler’s Welcomes Former SpartanNash VP As CFO, Promotes Three
Buehler’s Fresh Foods has brought Peter O’Donnell on board as treasurer and CFO. He joins the company’s senior leadership team after spending 10 years as a VP in the grocery wholesale and retail industry with SpartanNash. His responsibilities include corporate governance, supervision and oversight of Buehler’s financial and accounting functions, IT, compliance, lender relations and […]
Posted inNonfood Items, Grocery Industry, Grocery News, Home Page Latest News, Suppliers, West
Bradshaw International And Butler Home To Become Bradshaw Home
Bradshaw International and Butler Home Products will unify as Rancho Cucamonga, California-based Bradshaw Home as of March 1. The move brings the assets and industry knowledge of both companies, players in the kitchenware and cleaning categories, respectively, together under one fully integrated business. Company Co-Presidents Brett Bradshaw and Rob Michelson will continue to head the […]
Posted inC-Store News, Association News, Grocery Industry, Home Page Latest News, National, Store News
Convenience Industry Hits Record Store Count After 2017 Growth
The U.S. convenience store count increased to a record 154,958 stores as of Dec. 31, 2017, a 0.3 percent increase (423 stores) from the year prior, according to the 2018 NACS/Nielsen Convenience Industry Store Count. “Our continued store growth suggests that the convenience and fuel retailing industry’s core offer of convenience continues to resonate with […]